First time visitor? Learn more.

The Saudi Money at News Corp/FoxNews Speaks Up

by coldwarrior ( 11 Comments › )
Filed under Headlines at July 15th, 2011 - 8:08 am

Just wondering out loud…

 

It would be interesting to know if the Saudis have any control on what goes on in the US arm of News Corp/Fox News.

 

LONDON, July 14 (Reuters) – A major News Corp shareholder said on Thursday that News International Chief Executive Rebekah Brooks should quit because of a telephone hacking scandal that has engulfed the company.

“For sure she has to go, you bet she has to go,” Saudi billionaire Prince Alwaleed bin Talal told the BBC’s Newsnight programme.

The scandal has piled pressure on Brooks, who has not resigned despite a call from former friend Prime Minister David Cameron and other politicians to do so.

“Ethics to me is very important, definitely. I will not tolerate to deal with a company that has a lady or a man that has any sliver of doubt on her or his integrity,” Alwaleed said.

Alwaleed says his Kingdom Holding is the second biggest shareholder in News Corp and controls seven percent of the votes.

 

 

Comments

Comments and respectful debate are both welcome and encouraged.

Comments are the sole opinion of the comment writer, just as each thread posted is the sole opinion or post idea of the administrator that posted it or of the readers that have written guest posts for the Blogmocracy.

Obscene, abusive, or annoying remarks may be deleted or moved to spam for admin review, but the fact that particular comments remain on the site in no way constitutes an endorsement of their content by any other commenter or the admins of this Blogmocracy.

We're not easily offended and don't want people to think they have to walk on eggshells around here (like at another place that shall remain nameless) but of course, there is a limit to everything.

Play nice!

Comments are closed.

Back to the Top

The Blogmocracy

website design was Built By All of Us