Politics

Suspicion Over Murdoch's Pan-Arab Foray in Egypt

CAIRO -- The tie-up between Arab entertainment giant Rotana and pro-Israel media mogul Rupert Murdoch is viewed in Egypt not only with suspicion but as signalling the decline of Arab film and art heritage. In a country where film and television attract some of the largest audiences across the Arab world, the tycoon's foray into the Middle East is widely seen in cultural circles as a ruse to benefit Israel. Murdoch's News Corp last month acquired a 9.09-percent holding in the Rotana Group of Saudi royal and business tycoon Prince Alwaleed bin Talal, with an 18-month option to double the stake.
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Posted by Editor at March 19, 2010 04:54 AM