Saudi billionaire eyes new links with News Corp.

[bloomington-lib]

Source: AP

The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp. said he is looking to expand his alliances with the media giant, in the latest indication that his appetite for growth remains robust even as his company retrenches.

Prince Alwaleed bin Talal, a nephew of the Saudi king and who was listed last year by Forbes as the world's 22nd richest person, met with News Corp.'s chief executive Rupert Murdoch on Jan. 14 in a meeting that "touched upon future potential alliances with News Corp.," according to a statement released by his Kingdom Holding Co. late Saturday.

Media reports have indicated that News Corp, parent to Fox News and Dow Jones & Co., among others, may be thinking of buying a stake in Alwaleed's Rotana Media Group, which includes a number of satellite channels that air in the Middle East.

Neither company has commented publicly on the possible deal, but the talks offer an indication yet that such an agreement may yet be in the offing.

Read more: http://news.yahoo.com/s/ap/20100117/ap_on_bi_ge/ml_saudi_alwaleed_news_corp

[hlthe2b]

1. That will be the final stake in media worldwide...

Propaganda rules! :mad:

[David Zephyr]

22. It's the end of the world as we know it. No hyperbole.

Thought control.

[onehandle]

2. 9/11 financiers and Fox News.

A match made in Hell.

[SpiralHawk]

6. "Cool. Smirk." - Commander AWOL (R)

"We republicon fatcats just luv this shit. Smirk."

- xCommander AWOL (R)

[cliffordu]

11. No fucking kidding.

[jillan]

3. Unbelievable.

I am speechless.

[midnight]

4. Money owning the media. I wonder how that affects the message?

I guess, that is how we get a Jessica Lynch story, or Pat Tillman story.

[Heywood J]

5. More 9/11 money gobbling up assets over here.

I wonder if Rupert will let the Prince beyond second base for that sort of money. It just goes to show that wingnuts alone won't prop up his network.

[pjt7]

7. Please let all Right Wing Folks

know, that Saudi Arabia owns a huge chunk of FOX.

This fact, freaks them out.

[Knockout]

9. What's the big deal?

Goldman Sachs owns a huge chunk of President Obama yet no one makes a big deal about it.

[CJCRANE]

13. DUers complain about that too.

Whenever the haves and the have-mores get together it is a big deal.

[jasi2006]

15. Proof? nt

[Knockout]

16. Re:Proof? nt => GOLDMAN SACHS = Obama's biggest backer?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=132x4295398

[CJCRANE]

17. What does that have to do with Fox News?

[Knockout]

18. See Post 15

[CJCRANE]

19. Okay you answered their question but it isn't relevant to this thread. nt

[blm]

10. Kingdom Holding already owns a big chunk of CNN. Explains the heavy antiGore, antiKerry bias at CNN

over the last 10 years.

[SandWalker1984]

8. Irony: folks scared of ragheads are watching FOX, partially owned by -- ragheads

Remember that the next time one of those loyal FOX fanatics starts preaching about how those other stations are all damn communist, nazi, socialist liberals. :rofl: :rofl:

[Uncle Joe]

12. Kicked and recommended.

Thanks for the thread, bloomington-lib.

[jasi2006]

14. Now if FOX and Murdoch were lefties, the RW would know exactly what to do

with information. They would band together, send out their talking points to Rush, Hannity, O'REilly and others, tell Sarah what to say about it begin the propaganda machine on all the nightly news stations. What will the left do with this news? Will they even try to spin it their way? Do they know how? Will the media allow them to spin it? I won't hold my breath.

[LiberalLovinLug]

20. To ensure that the new breed of "journalists" will never have them in their crosshairs

Who controls the past now controls the future
Who controls the present now controls the past
Who controls the past now controls the future
Who controls the present now?"

Testify
Rage Against the Machine

[classysassy]

21. Lies as facts

by faux and friends.Turn off fox,no news is good news.

[truthbearer]

23. House of Saud

More scandels from the house of Saud.

http://arabfocus.webs.com

[Piewhacket]

24. So now you know what its really all about, boyz and gurl$ .

(it wasn't really all that big a mystery, now was it?)

[Romulox]

25. Don't the Saudis already control CNN?

:shrug: