Although the meeting centered on Arab media, this bodes ill for honest discourse about Islamic jihad in Murdoch-owned media outlets. After all, we have already seenÂ the effects of Prince Alwaleed’s money upon Murdoch.
Over the weekend, a number of readers sent meÂ AP and other news stories about Saudi billionaire Prince AlWaleed Bin Talal Al-Saud’s interest in increasing his stakes in News Corp, the parent of FOX News Channel, FOX, the New York Post, and the Wall Street Journal, among other properties.Â The article also discussed the new relationship between News Corp and Prince AlWaleed’s Rotana Media, as well as his Kingdom Holding Co.Â But as with all stale news that’s older than mold, because Drudge picked it up as a headline, yet even more readers sent it to me.
But this is a story I wrote back in September, four months before Al-Associated Press noticed.
“Prince Alwaleed bin Talal’s media meetings,” fromÂ Monsters and Critics, January 18, via JW:
Saudi’s Prince Alwaleed bin Talal has met Rupert Murdoch to discuss “future potential” alliances.The prince – who is one of Saudi Arabia’s richest businessman – held talks last week with the chief executive officer of News Corporation, in New York, about projects they may work on together in the future.
The meetings, which mainly focused on “economic and investment issues, especially in the media sector”, specifically touched on Rotana Media, which provides Arabic and English television content in the Middle East and is owned by the prince….
If the deal goes ahead it would significantly strengthen the ties between two of the world’s leading media moguls.
The prince has helped build Rotana into one of the largest media conglomerates in the Arab world, with holdings in print, television, radio, film, digital and music.