Fox News will now guide LBC-TV: `Amru Diab will sing for Bill O'Reilly

"News Corp. (NWS, NWSA) is in talks with Saudi billionaire Prince Alwaleed bin Talal to take a stake in Rotana Media, marking its first major investment in the Middle East, according to people familiar with the deal. The company, headed by Rupert Murdoch and publisher of this news wire, may buy a 20% interest in Rotana from Prince Alwaleed, who controls Saudi conglomerate Kingdom Holding Co., a person involved with the deal told Zawya Dow Jones."