Rupert Murdoch inks deal with Saudi prince

Al-Walid once boasted of his influence on Fox News coverage of Muslims
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December 03, 2009
WorldNetDaily
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Media mogul Rupert Murdoch, owner of the Fox News Channel, strengthened his strategic partnership with Prince Al-Walid bin Talal, acquiring a stake in the Saudi royal's Rotana media conglomerate.
As WND reported, the Saudi prince, who owns a 5.7 percent share of Fox News, claimed in 2005 he persuaded Murdoch to immediately stop the top-rated cable network from identifying unrest in France as "Muslim riots."
Daily Variety reported News Corp. will take a 10 percent stake in Rotana, with an option to acquire another 10 percent.
The paper said the News Corp.-Rotana pact marks the most significant investment yet by a Western media company in the Arab world...