Saudi Prince Buys Large Share of Fox News

[ECH1969]

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."

http://www.israelnationalnews.com/news.php3?id=90439

[TallahasseeGrannie]

1. wtf? n/t

[MADem]

2. They'd support mandatory wear of pink tutus if there was a constituency

for that. They could really give a shit about ideology, with them, it is all about money.

It is kinda funny, though!!! Maybe Rudy will not get as many talking head guest slots on Faux as a consequence....

[non sociopath skin]

28. The Faux team in pink tutus?

Thanks for the best mental image of the month!!!

:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

The Skin

[Name removed]

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[UrbScotty]

43. Imagine Geraldo (nt)

[SemperEadem]

3. that's interesting

Murdoch has no qualms about selling shares to the Saudi's?

This should be interesting. :popcorn:

[spanone]

4. Thank God no 'innocents' have died in Iraq. We're morally superior, eh?

[niallmac]

12. Oh yeah. We only kill inserjunts!

If you define terrrrist as anyone who has a well of dark hatred toward the U.S. for it's arrogance and willful use of power to randomly commit war, well,we gotta whole lotta killin left to do.

[nytemare]

5. Well, didn't we stop the sale of that oil company to China?

Don't you think we could have stopped this?

:shrug:

[The Backlash Cometh]

6. Sounds like they took Neil Bush's advice.

Get yerself some good PR.

The best money can buy.

[KittyWampus]

19. leave us not forget, they also have James Baker representing them

against the 9/11 family victims.

[Zenlitened]

7. Hahahahahahaha!!! Suck on that, foxophiles!

Just a little bit more under the boot of Bush's Saudi masters now, aren't you?

:rofl:

[0007]

8. One more time, will someone please tell me what we're doing in

Iraq when the terrorist are in Saudi Arabia.

[AlCzervik]

9. Well hey they own a chunk of Disney and Citibank so why not Faux?

[bleedingheart]

10. snort!

[phoebe]

11. Looks like Bandar Bush is behind this one...

n/t

[Straight Shooter]

13. Anything which softens the hysteria of Fox is fine with me.

It would be interesting for a social psychologist to watch the trend of Fox-watchers and their attitudes, assuming anything changes.

If Fox reduces its hysteria level, will it become part of the "liberal media," too? :P

[belle]

14. hah, can't wait to hear the freeper reaction to that one.

[Akoto]

15. Well, no doubt, it'll be ...

"The Saudis are our allies! They wouldn't do anything to undermine us!" :eyes:

[CatholicEdHead]

16. "Fox News may soften its anti-terror stance due"

Actually, this will only serve to defect the direction of "terror" away from Saudi Arabia. Faux News will still be as virulant on everyone else but the Saudis and their spinoffs.

[robertarctor]

17. Use your BS detector, people.

There's no such owner of Fox News as "Fox corporation." The parent company of Fox News is News Corporation. And if a Saudi prince bought such a large stake in the publically traded News Corp., that network's competitors would be all over that item like white on rice.

The rest of that item, about Rudy Giuliani, either doesn't make sense or suffers from a real disconnect in the translation into English.

[OzarkDem]

21. I dunno, here are some similar stories

He apparently did it to help Murdoch maintain control of FAUX.

http://media.guardian.co.uk/site/story/0,14173,1563829,00.html?gusrc=ticker-103704

http://www.finance.news.com.au/story/0,10166,16531467-14334,00.html

http://www.thestreet.com/_yahoo/stocks/sandybrown/10241127.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

[robertarctor]

30. Thanks. You're right

That first item didn't look credible, as it was so poorly written. But those links are pretty straight up.

Don't the Saudis already own a good-sized chunk of Time Warner, parent company of CNN?

[celestia671]

32. Don't know about that...

but they do own our 'president' lock, stock, and barrel. (No pun intended, well, maybe just a little bit!):evilgrin:

[NVMojo]

18. Aww ...FUCK!!!

[aion]

20. Was the purchase on the open market?

Or was there some sort of handshake involved?

[OzarkDem]

22. Converted stock he already owned from Class A to Class B

voting shares... What the hell -its just the US news media, lets just sell our news communications to the highest bidder..

snip

Alwaleed, one of the richest men in the world, has converted a 3% stake in News Corp. nonvoting class A shares to the 5.46% class B voting holding.

"Last November I said that I had the utmost confidence in Mr. Murdoch, his management team and his succession planning, and that if necessary, the Kingdom companies would replace their non-voting shares with voting shares," the prince said. "The Kingdom companies now own a significant interest in News Corporation voting shares and may purchase more if the situation warrants."


http://www.thestreet.com/_yahoo/stocks/sandybrown/10241127.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

[aion]

23. Very interesting. Thanks!

They already had the A shares, and are simply behaving more 'aggressively'. I wonder how long they've had those A shares, though. And whether they were sold on the open market.

[thecodewarrior]

24. Its cheapier

Than fighting the rednecks in the battlefield. They just buy their mouth pieces and reformulate there minds.

[NuttyFluffers]

35. ding, ding, ding! winner!

:7 ahh, arigatou, mon ami!

watching the saudis fight with money, diplomacy, and politics is almost like watching art. devious devils, aren't they? :evilgrin:

if they didn't stirred so much shit, i'd almost let it slide because i'm impressed by the finesse. but everyone can learn a lesson or two from them on big league scheming. these are professionals, folks! :7

[NuttyFluffers]

36. deliciously impressive... i indulge in a guffaw.

:rofl:

and here's my favorite part:

'nouveaux' conservatives now rely on news that is provided and doctored by the same nation that

a) 'spawned' the terrorists for 9/11
b) huge patron of terrorism all over the world
c) co-creator and patron of the taliban
d) supporter of madrasas and other fanatically fundamentalist religious indoctrination -- which this nation's fanatic religious fundamentalists are diametrically opposed
e) have them, with their oil-guzzling, wanton ways, over a literal barrel

watch faux news, support terrorism...

perfect on too many levels. squeeze that vice harder. squeeze!
:rofl:

[Blue_Tires]

25. wow

they aren't even trying to hide it anymore

[loudsue]

26. So, are we going to be "fighting them over HERE, so we don't have to

fight them over there"???? Bring it closer to home???

This whole thing smells like a rotten fish....rotting on the pier for a week in the hot sun.

How are our friends in Israel going to like this?

Does this mean that the Faux News female anchors have to start wearing tradition Muslim head covers? :rofl:

Does anyone else remember the days when we had a policy that no foreign country could own but a certain small piece of any part of America? Now, we're going to have Israel buying pieces of the news to keep the Saudi influence from overshadowing our relationship with Israel. We can fight the whole mideastern battle right here at home!

How con-veeeen-ient! I sure wish we had some adults in charge....some adults that WEREN'T FOR SALE!

:kick:

[madeline_con]

27. "How are our friends in Israel going to like this? "

I don't have any friends in Israel.

[Cha]

29. Good, now it's official..fauxsux is

partly owned by Saudi Arabia. All just too fucking cozy.

[CountAllVotes]

31. Bunch of damn girlie boys bought part of FOX

Hell ... they can have it! I hope they don't :puke: to death on it!

:kick:

[skrunch]

33. Life Imitates Art

"We need that Saudi money bad".
Frank Hackett (Robert Duvall) in "Network" (1976)

[entanglement]

34. Freeps would go crazy to know that Al-Waleed and Murdoch

are major buddies; they have no idea of how the world works

[lanlady]

37. Saudis and Republicans

a match made in heaven.

[Maggie_May]

38. I wonder how the extreme right feels about this one?

[leesa]

39. Wonder how the Faux robots feel knowing they are gobbling up SA

propaganda?

[JPZenger]

40. Fox is Now Fighting Neilson Ratings

NPR had a story this morning about a group that is fighting the new electronic devices Neilson is using for TV ratings. The group is claiming that the devices have a lower rate of successful electronic tranmission in minority households than other households. The group is in effect seeking that Neilson go back to paper books that household keeps instead of the electronic devices. NPR reported that the group is being bankrolled by Fox. Why? Because when the devices came on line, they showed a huge drop in ratings for Fox News.

(Maybe the right wingers who were Neilson families were lying in their paper ratings books about how much they were watching Fox News.)

[UrbScotty]

41. How can Fox soften their 'anti-terror stance' when they have none? (nt)

[kskiska]

42. Well, the freeps' favorite paper is owned by Rev. Moon

and that doesn't seem to bother them…