Fox News goes to the Saudis

Saudi Prince Alwaleed bin Talal now owns a 7% share of News Corp, the company that owns Fox News, which makes him the largest shareholder outside of Rupert Murdoch’s family. He recently created a content-sharing agreement with Fox News and his media conglomerate, Rotana.

Questions arise about foreign interest and influence on American media. Some say that Fox News broadcasts misinformation about alternative energy in order to help maintain America’s reliance on foreign oil, Saudi Arabia’s main export.

Small changes have been made, at the request of Alwaleed. Riot coverage in Paris was reported as “Muslim riots” until Alwaleed told Fox News to change it to “Civil riots”.

Murdoch is moving the News Corp headquarters to Abu Dhabi. It looks like “fair and balanced” may be in danger. Hopefully, someone will try to fill the void.


About BizTV

BizTV is the home for your business. Whether you're an entrepreneur, small business owner or just managing your family's assets, BizTV can help. Find the resources you need to manage your money, start your latest venture or grow your business. BizTV, It’s Your Biz!

Posted on June 11, 2010, in Global Biz, Newspaper & Journal Articles, TV & Cable Industry and tagged , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: