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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.??

See post 27.

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.??

I'm gonna take a WAG that it's a big enough stake that if he was to dump it all at once, it could cause some not-so-minor indigestion for the OTHER stakeholders in the corporation.

If that's the case, then it's leverage, plain and simple. A "don't piss me off" investment.

Time will tell, I suppose. If Fox goes out of its way to avoid offending Islamists here, the way it pussyfoots to avoid offending The Regime in China, then I'd start to put some credence into the "leverage investment" theory.

If I were to purchase 5.46% of the shares of NewsCorp, do you think I would have any influence on the company? The company is far larger than just Fox News. I suspect this article is really about trying to torpedo the successful news channel.