Wednesday, May 31, 2006
Arab Media Notes: The Relationship between Prince Al-Walid Bin Talal and Rupert Murdoch is closer than ever. Al-Walid is now the largest single share holder in Newscorp (at more than 5%). And Murdoch has recently invested in Al-Walid's music (and sleaze) company, Rotana which monopolizes the production of Arabic music and music videos. And As-Safir today reported that the CEO of LBC-TV has decided to refuse to surrender the station to Lebanese Forces. I had reported on frictions between Ja`ja` and Pierre Dahir before.