SonofDarkSkies.....
Here is one of many links. The links aren’t important here tho. It is you not wanting to believe something like this could be possible, right? Just filthy ‘rumors’.
If you are incapable of reading between these lines and projecting just a little way out into the future - you are already OWNED.
Are you actually going to assume Islam plays no role in this power orgy with the NUMBER ONE family of Islam? Do you believe Murdoch would sign the dotted line thinking the Islam factor is just something ‘off to the side’ and is not woven into all contractual relationships? (Whether in writing or not!)
I apologize if this link is inadequate for your research. You already have some of this data, but aren’t hearing the message, IMO.
Wednesday, February 24, 2010
A Deeply Troubling Alliance Deepens: FOX and the Saudis
“Now more than ever, we need an independent media. In the “information battle space,” the playing field is heavily weighted in favor of the enemy.
Prince Alwaleed told Arab News that the deal was not cash-driven. It went “way beyond finance.” Rotana, which owns the largest record label in the Arab world and 11 television channels, was “fully financed,” he said.
Alwaleed owns 7% of Fox and a large percentage of Obama too.
Murdoch Buys into Rotona Arab News (hat tip seeteuful)
RIYADH: News Corp, the media empire owned by Rupert Murdoch, is to buy a 9.09-percent stake in Rotana, the Saudi-based Middle Eastern music and entertainment group wholly owned by Prince Alwaleed bin Talal.
The $70 million deal, announced at a news conference by the prince at his Kingdom Tower headquarters in Riyadh on Tuesday, deepens the burgeoning partnership between the two media moguls. Prince Alwaleed already holds a seven-percent stake in News Corp, whose stable includes 20th Century Fox, Fox News, the New York Post, the London Times and Sky TV.
Under the agreement, News Corp has an option to acquire a further 9.09-percent stake in Rotana. The option will run for 18 months after the deal is signed.
New Corp has been seeking to expand its presence in the growing Middle Eastern entertainment market for some time and has been considering a number of ventures in partnership with the prince’s Kingdom Holding Company (KHC). Five months ago it was reported in the Wall Street Journal that the Murdoch group was looking at a 20-percent stake in Rotana.
Prince Alwaleed told Arab News that the deal was not cash-driven. It went “way beyond finance.” Rotana, which owns the largest record label in the Arab world and 11 television channels, was “fully financed” he said. The deal was about News Corp’s confidence in Rotana and commitment to it. It will enable the media group to gain from News Corp’s experience in movie production, television, the news media and technology. He spoke of its providing a “qualitative leap” not just for Rotana but for the Arab world.
The prince said that the deal would strengthen the existing relationship with News Corp — “building Rotana’s presence across the region and expanding its reach to the Arab diaspora around the world.”
In a prepared statement, Rupert Murdoch’s son James, who heads News Corp’s European and Asian arm, said that the newly acquired stake would help his company expand its presence in “a region with a young and growing population where GDP is set to outstrip that of more developed economies in the years ahead.”
I didn't say that. You need to grow up a little.
BTW, I am aware of what Pam Geller says about this matter and I am also aware that Murdoch is using Alwaleed to gain access to Saudi programming market (and seems to have the upper hand).
I don't know if you have any business experience, but this kind of interaction doesn't mean that Murdoch is selling FoxNews' integrity as part of the deal.
As I said earlier (though you seem to have ignored it), I didn't say what you said was untrue, just that more information is needed to evaluate it.
Based on what I have provided below (Pam Geller's concerns to the contrary), there doesn't seem to be enough evidence to prove anything but that Murdoch is using Alwaleed to expand into new markets.
Here is a better source than Atlas for the subject at hand (I think everyone is fully aware of this matter and it doesn't mean that the Saudi's control News Corp)...
Saudi's Alwaleed, Murdoch Discuss AlliancesBy MOHAMMED ALY SERGIE And ANDREW CRITCHLOW
RIYADH, Saudi Arabia—Saudi billionaire investor Prince Alwaleed bin Talal held meetings this week with News Corp. Chairman and Chief Executive Rupert Murdoch to discuss investments, including Rotana Media, according to a statement from the prince's office Saturday.
The meetings, which took place in New York on Jan. 14, "touched upon future potential alliance with News Corp.," the statement said, adding that Rotana and LBCSAT, 90% owned by Prince Alwaleed, were discussed.
Nezar Nagro, president of Rotana Media Services, said in December a deal that would see News Corp. buy 10% of the existing shares in the company could be completed this month.
The statement on Saturday from Prince Alwaleed's office gave no further details of a potential deal. A spokesperson for News Corp. was unreachable for comment.
Rotana, which hosts News Corp.'s Fox channels in Saudi Arabia via its television network, owns rights to more than 2,000 Arabic movies and the world's largest Arabic language music library, according to Zawya.com data.
The company manages some of the Arab world's most popular artists, including Egyptian pop star Amr Diab and Lebanese divas Elissa and Haifa Wehbe. According to Ipsos MediaCT, Rotana ranks amongst the top five channels for advertising revenue in Saudi, the Gulf's most populous Arab nation.
Over the past two decades Prince Alwaleed, through his Riyadh-listed conglomerate Kingdom Holding Co. , has focused his investments on banks, hotels and media firms, building sizable stakes in companies like Citigroup Inc., News Corp., Apple Inc. and Time Warner Inc.
News Corp. owns Dow Jones & Co., publisher of The Wall Street Journal and WSJ.com.
On Dec. 7, Zawya Dow Jones reported that News Corp. was close to completing a deal to buy a stake in Rotana, which is wholly owned by Prince Alwaleed. A News Corp. spokesperson in London declined to comment at the time.
Shares in Kingdom Holding, majority owned by Prince Alwaleed, were amongst the biggest risers on the Saudi Tadawul exchange Saturday, up 10%.
Source: Wall St Journal