Skip to comments.Middle East Ownership in FOX News - Good or Bad?
Posted on 02/23/2010 1:46:41 PM PST by TheDailyChange
Rep Issa said:
I am most concerned about ownership of companies including broadcast companies by countries that may have another agenda.
(Excerpt) Read more at businessweek.com ...
I tend to agree. I don’t want government controlled media but I don’t want ANY government controlling our media.
Bad. Very bad. The Saudis are not our “friends.”
Isn’t this just a purchase of public stock on the open market? How would his 5% stake have any more influence than say, an institutional purchaser who also own 5% in the operations? A 5% stake is a 5% stake, same voting rights as all other stockholders.
BTW, his holdings are still second in size to those of the Murdoch family.
That one sentence you quoted gives very, very little information as to what this full article really states...
Watch this Video.
Percy Sutton slips up. The prominent African-American businessman (and former borough president of Manhattan) tells NY1 reporter Dominic Carter:
I was introduced to (Obama) by a friend who was raising money for him. The friends name is Dr. Khalid al-Mansour, from Texas.
“He is the principal adviser to one of the worlds richest men. He told me about Obama.
Al-Mansour asked Sutton to write a letter in support of Obamas application to Harvard Law School.
The “richest man” Sutton refers to is Saudi billionaire Prince Alwaleed — the richest man in the world.
DID ALWALEED ALSO PAY OBAMA’S HARVARD LAW TUITION?
Ok, what happens to all news (bad) related to Prince Alwaleed bin Talal, does this get reported on Fox News?
Don’t think so, this is a BAD THING!
Do we have a choice in the matter?
The next step is a Saudi TV channel in the USA (by satellite). That’s why Alwaleed wants this blending of USA/Saudi media interests.
I can’t wait for the Hamas childrens’ shows to come here. Actors in disney-style stuffed animal costumes rail against the Jews after their fellow stuffed animals are killed by Israeli bombs. These huge “stuffed animals” sob while their stuffed-animal brothers die on hospital gurneys.
You can’t make this stuff up. Here’s my favorite Hamas TV segments for children.....
They are just buying into solid companies in order to unload their soon to be worthless dollars.
We should look around the world and see if any other nations allow foreign nationals to own a significant percentage of a major news outlet.
I am guessing there are few if any.
Same goes for farmland. I have never understood why we would allow foreign nationals to own huge blocks of farmland.
We just keep shooting holes in our foot...won’t be standing much longer if we keep it up.
That said, I don't know how Fox would handle news on bin Talal. I mean he bought his shares on the open market and I doubt he expects any special treatment.
I know if I were CEO, I sure as hell wouldn't tell my managers to cater to our institutional investors per se...I would tell them to do their jobs with integrity and let the chips fall. In fact, if I got a call from an investor telling me to handle a story a certain way, I would tell him to butt out.