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To: 2Wheels
Just filthy ‘rumors’.

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 Alliances

By 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


83 posted on 03/09/2010 7:54:23 AM PST by SonOfDarkSkies (I never saw a wild thing sorry for itself... - D.H. Lawrence)
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To: SonOfDarkSkies

Son....

You brought this one on yourself:

Here you are telling me that THE WALL STREET JOURNAL “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)...”

THE WALL STREET JOURNAL IS OWNED BY MURDOCH!!!!!!!! (as you know).
You expect me to believe it just because it comes out of one of his OWN papers!

This proves the point to perfection. You are defending something from within itself. Do you ever leap beyond the expanses of Murdoch ‘news’?

Maybe you need to read more about the nature of Islam. What fool signs contracts with the hub of Islam? You need to answer this and nothing else. Don’t answer for me - answer for you!
Notwithstanding the FACT that our country is signing with them just about every day - the results of which we will regret.

Man this is silly. You speak of “Foxnews integrity” like you own a piece of it. It is more like Foxnews agenda. They have an agenda. If you believe differently, then you are again, OWNED. I’m sorry....I used to be a devout Fox fan myself, but no more. I grew up. I’m done here.


91 posted on 03/09/2010 8:27:05 AM PST by 2Wheels
[ Post Reply | Private Reply | To 83 | View Replies ]

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