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Hollywood Investor Prince Al-Waleed Bin Talal Needs $6 Billion For Freedom
Hollywood and technology investor Prince al-Waleed bin Talal of Saudi Arabia holds a potential “get out of jail” card — but it’s not free.
The prince, who has been held in detention since his November arrest on hazy corruption charges along with dozens of other Saudi royals, reportedly can pay a $6 billion fine…
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By Bruce Haring
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22 Comments Comment on Hollywood Investor Prince Al-Waleed Bin Talal Needs $6 Billion For Freedom
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- Business
21st Century Fox Shareholder Al Waleed Bin Talal’s Rotana Pledges $36M To Arab Films
Saudi Prince Al-Waleed Bin Talal, a longtime ally of Rupert Murdoch and 21st Century Fox’s no. 2 shareholder, plans to invest around $36 million in Arab films through his Rotana Media Group. The announcement comes following a shake-up in the Arab film and TV biz with the entry of Netflix and Qatar’s pay TV platform…
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By Ali Jaafar
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Fox’s 2nd Largest Shareholder Expresses A Dim View Of Trump
Fox’s largest and second-largest shareholders may agree on management of 21st Century Fox assets, but of a certain outspoken Republican presidential candidate, they have very different opinions.
Prince Al Waleed Bin Talal on Friday called the GOP frontrunner Donald Trump “a disgrace” who doesn’t stand a chance of…
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By Kinsey Lowe
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Prince Al-Waleed Cuts Stake In News Corp, Maintains Investment In 21st Century Fox
Saudi Prince Al-Waleed Bin Talal’s Kingdom Holding has reduced its 6.6% holding in NewsCorp to approximately 1%, selling $188 million worth of class B shares. The Prince, a longtime backer and ally of Rupert Murdoch, has maintained his 6.6% stake in 21st Century Fox, worth approximately $1.7 billion at current market…
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By Ali Jaafar
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Saudi Arabia Post-Abdullah Gives Off Mixed Media Vibes With New Culture Minister, Shuttered Al Arab Channel
EXCLUSIVE: The death of Saudi Arabia’s King Abdullah on January 23 continues to have reverberations throughout the conservative Kingdom and beyond, creating more uncertainty in a media landscape already struggling with multiple regional crises.
New Saudi King Salman unveiled a cabinet reshuffle that included Adel Al…
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By Ali Jaafar
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- Exclusive
- International
Murdoch Tweet Slams Islam; Is News Corp.’s No. 2 Shareholder To Blame For Charlie Hebdo?
News Corp CEO Rupert Murdoch regularly uses his Twitter account to pontificate on hot-button issues. His latest – a broad-brush Tweet laying the violence of Charlie Hebdo at the feet of all Muslims – might leave some in his orbit squirming. “Maybe most Moslems peaceful,” the 83-year old tweeted Saturday, “but until…
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By Ali Jaafar
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