Fox News is kicking butt because it reports news, gives a good view from both sides, and hires eye candy on-air talent. That's all it should be anyway. The moment it becomes a mouthpiece for anyone, including a stockholder, it will lose its viewer base. Viewers have abandoned CNN, ABC/CBS/NBC, MSNBC and all the others for a reason. Why would they want to risk losing their enviable position now?
Any idiot with a lot of money could have bought 5.46%, including George Soros. Do you think Soros would influence Fox News? HAHAHAHAHAHAHAHAHAHA!!!!!!!!!!
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.??