Posted on 09/25/2005 6:43:56 PM PDT by anti-infidel
Saudi Prince Buys Large Share of Fox News 16:55 Sep 25, '05 / 21 Elul 5765
(IsraelNN.com) Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation, according to Gulf Daily News, raising concern that the conservative Fox News may soften its anti-terror stance due to the views of the new shareholder.
Al-Waleed, the nephew of the late Saudi King Fahd, was in the news when he visited the World Trade Center's remains just after the September 11th attacks and offered then-New York City Mayor Rudy Giuliani a $10 million check for relief efforts. Al-Waleed then released a statement blaming US foreign policy and support for Israel for the attacks.
Giuliani returned the prince's check with a statement that, "There is no moral equivalent for this attack. The people who did it lost any right to ask for justification when they slaughtered . . . innocent people ... Not only are those statements wrong, they're part of the problem."
(Denny Crane: "Sometimes you can only look for answers from God and failing that... and Fox News".)
Yes, he is the same that guy that Rudy told what to do with that check.
Incidentally, this is a growing trend.
Don't forget about the Saud's stock interest in the Disney company. Disney owns, among others, WABC radio and WMAL. WMAL was the former employer of Michael Graham, the talk show host who was fired for "offensive remarks against islam".
Seems like owning a good portion of stock in the media is a good way to silence your critics....dangerous for all of us indeed.
The channel of Peace!
I agree he got a much better start than you or I, but he is the 4th richest guy in the world. He must be doing something right.
saudi prince buys share of Fox News
Also it may seem nitpicky techinal, he didn't buy a 5% of Fox News, but a 5% share of Murdoch's conglomerate News Corp.
Also there is specualtion that the saudi prince buying a 5% share is insurance to Murdoch to stave off a hostile takeover feom John Malone's Liberty Media.
If this reporter for an Israeli publication I've never heard of (or you, for that matter, anti-infidel) believe there is a "Fox Corporation" to buy a share of, he/she/you don't know your brains from Shinola.
There is no "Fox Corporation" that is responsible for the content of the Fox News Channel. The name of the corporation that operates Fox News is Rupert Murdoch's News Corporation, based in Australia. And the idea that somehow one minor Saudi investor could somehow tip the balance of Fox News in a pro-Islamist direction is pure unadulterated moonbattery.
Whoever the anonymous author of this nonsense is, s/he needs to listen to General Honore: "Don't get stuck on stupid, reporter!"
Inevitably, this is what happens when we pour billions upon billions of dollars into the Islamic Oil Company's coffers. Eventually it is going to come back to bite us, percent by percent.
We must promote energy independence now. We don't necessarily have to achieve it, but we have to be able to use it as a threat.
Lib-Media: "Fox News is now the solely-owned vehicle of Bush's oil friends."
Saudi prince buys $1 billion more Increases stakes in Citigroup, AOL, Priceline
It's not "nitpicky technical" to say that a supposed "news" report gets the name of the company flat dead wrong. It's as inexcusable as saying, for example, "Joe Blow bought a share of MSNBC" when the reality is that he either bought Microsoft stock or General Electric stock.
That piece shows lazy thinking from the reporter to the editor all the way up to the publisher, and reduces its source, IMHO, to blog level.
Still, it's somewhat mysterious as to the WHY of someone with a controversial geopolitical identity like the Saudi Prince, buying ANY percentage of shares in FOX news.
Could it really be seen as an "good investment" on the level of their own oil? Should it be seen as a "good-will gesture" in keeping with the other "pro-Western" positions this guy has taken even though, as was also reported, four years ago he submitted a check which Giuliani returned to him, with the strings attached which said, "accept this but admit your partial guilt for the attack". Has he so completely changed his posture in the last 4 years? Just WHAT ARE the motives for buying into FOX if not to use it as some kind of calling card/back-channel access to the Corporation, i.e. as a way to peddle influence, and "buy" good PR.??
rather than let them buy in to our media companies , we need to invade their country , kill all their leaders and convert the populous to Christianity .
Have to rename it "Fox and Fiends".
Oh, no, he's got a stake in Priceline? Gee, does that mean William Shatner's going to have to wear a ghutrah?
See post 27.
I for one welcome our new turbaned overlords
Fox was the only station that didn't blame America. Guess that's over.
Fox News is highly successful and getting more so.
The last thing they would do is compromise their leadership position -- 5% isn't squat -- very token indeed. The Arabs are good at buying influence, Saddam and his cousins, the Saudis taught us that.
Games will be games... :-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.