36 CITIZENS UNITED v. FEDERAL ELECTION COMM’N Opinion of the Court could have their voices diminished to put them on par with other media entities. There is no precedent for per mitting this under the First Amendment. The media exemption discloses further difficulties with the law now under consideration. There is no precedent supporting laws that attempt to distinguish between corporations which are deemed to be exempt as media corporations and those which are not. “We have consis tently rejected the proposition that the institutional press has any constitutional privilege beyond that of other speakers.” Id., at 691 (SCALIA, J., dissenting) (citing Bel lotti, 435 U. S., at 782); see Dun & Bradstreet, Inc. v. Greenmoss Builders, Inc., 472 U. S. 749, 784 (1985) (Bren nan, J., joined by Marshall, Blackmun, and STEVENS, JJ., dissenting); id., at 773 (White, J., concurring in judgment). With the advent of the Internet and the decline of print and broadcast media, moreover, the line between the media and others who wish to comment on political and social issues becomes far more blurred. The law’s exception for media corporations is, on its own terms, all but an admission of the invalidity of the antidis tortion rationale. And the exemption results in a further, separate reason for finding this law invalid: Again by its own terms, the law exempts some corporations but covers others, even though both have the need or the motive to communicate their views. The exemption applies to media corporations owned or controlled by corporations that have diverse and substantial investments and participate in endeavors other than news. So even assuming the most doubtful proposition that a news organization has a right to speak when others do not, the exemption would allow a conglomerate that owns both a media business and an unrelated business to influence or control the media in order to advance its overall business interest. At the same time, some other corporation, with an identical business interest but no media outlet in its ownership structure,

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