Posted on 09/25/2005 6:43:56 PM PDT by anti-infidel
Of course they'll try to buy Fox News.
It is an obvious move.
They'll be going for FR.com as well.
The Internet will likely/probably someday be seen as a once brief shining light.
"Tonight, on the Mohommad Factor-women who let their faces show in public. Are they a threat to society?"
Saudi Prince Al-Waleed bin Talal has purchased 5.46 percent of the Fox corporation
Leni
He's the largest shareholder not named Murdoch in the company.
Leni
http://www.answers.com/topic/alwaleed-bin-talal
The thing is, if he decides to dump his stock, Murdoch becomes significantly less rich. The same thing for the billion or so he's invested in Time Warner, ditto Citicorp, Motorola, Apple etc. etc. etc.
I gave up on Fox when they were still sniffing Michael Jackson's underwear 90 minutes into the breaking news that Saddam Hussein had been captured.
Well, of course. Why else would the U.N. be so interested in taking control of it?
Only in the literal sense; a nickel is 5% of a buck. Otherwise, your comparison is worthless.
It may be true. But consider this, there are no major institutional holders of NWS-A. This would mean besides the insiders that hold the stock, this Jihadi Prince is the biggest holder of their stock. Thereare 3.27 billion shares and 5.46 % out of this is a lot to be held by one signle individual.
Since there are no major institutional share holders, this Jihadi prince will definitely have some level of influence.
Just look at ABC Corp how it caved into Islamic institutions funded by Saudis and fired Michael Graham.
As far as Fox News goes, the proof will be in the falafel.
Leni
I'd like to see an actual conservative network that actually reported news in the mix out there with Brit Hume at the head of it.
*Tony Snow at 5 ~
*Brit at 6 ~
*Rush at 7 ~
*Ann Coulter at 8 ~
*Mark Steyn at 9 ~
*Larry the Cabel Guy at 10 ~
*Laurie Dhue for the other 18 hours....;o)
ping
Expect even more covering up for the Saudis.
Expect even more covering up for the Saudis.
I don't know how one could be more covered up than wearing a bhurka.
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.??
It may be true. But consider this, there are no major institutional holders of NWS-A. This would mean besides the insiders that hold the stock, this Jihadi Prince is the biggest holder of their stock. Thereare 3.27 billion shares and 5.46 % out of this is a lot to be held by one signle individual.
Since there are no major institutional share holders, this Jihadi prince will definitely have some level of influence.
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