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Ed Webb

Fox: Middle East streaming service launched with Saudi media group - CNN - 0 views

edition.cnn.com/...index.html

KSA Saudi media television satellite MBC TV politics

shared by Ed Webb on 22 Nov 18 - No Cached
  • Fox Networks has struck a deal with a Saudi media group to launch a new TV streaming service in the Middle East and North Africa. The subsidiary of 21st Century Fox (FOX) said in a statement that it was partnering with the region's biggest broadcaster, MBC, to bring Fox Plus to viewers. Fox's streaming service, which is already available in southeast Asia and parts of Latin America, will be offered in 24 countries on MBC's Shahid Plus platform.
  • Fox's deal follows a chill in relations between international media companies and Saudi Arabia after Washington Post journalist Jamal Khashoggi was murdered by Saudi agents at the kingdom's consulate in Istanbul, Turkey.
  • The Saudi government took control of MBC earlier this year following a crackdown on corruption that saw the arrest of hundreds of businessmen including MBC Chairman Waleed Al Ibrahim, according to a source familiar with the matter. Al Ibrahim was later released and retains a 40% stake, management control and his title as chairman.
  • ...3 more annotations...
  • Competition for the regional market of 300 million people is heating up. Netflix (NFLX), Malaysia's Iflix, and Dubai's Starz Play are all vying for dominance
  • Raina said better broadband capabilities in the region has helped streaming services grow, but payment systems remain a challenge. Credit card use in some parts is still "near zero," he told CNN Business.
  • The move by Fox comes just over a year after it added 3 new TV channels to its existing line up, including the first Fox-branded channel to broadcast in Arabic.
Ed Webb

Murdoch taking stake in Alwaleed biz - Rapid TV News - 0 views

www.rapidtvnews.com/...ing-stake-in-alwaleed-biz.html

Arab TV Murdoch Al-Waleed

shared by Ed Webb on 03 Sep 09 - Cached
  • Rupert Murdoch is reported to be taking an investment position in Prince Alwaleed bin Talal’s music and films business, Rotana Media. The Wall Street Journal is saying that Murdoch is in talks to take a 20% stake in Rotana. The report seems well-founded, but it is not the first time that these two media giants have talked about mutual co-operation.
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