News Corporation

News Corporation acquires a stake in MOBY Group

Wed, 2012-01-18 09:13 - By

Announcement, Media Business, Media, acquires stake, FARSI1, James Murdoch, Moby Group, News Corporation, Saad Mohseni, Zaid Mohseni, Zemzemeh

News Corporation and MOBY Group (MOBY) announced that they have reached an agreement under which News Corporation will become a minority investor in MOBY, a media company headquartered in Dubai and active in Central Asia, principally Afghanistan, and the Middle East.

Prince Alwaleed discusses economic and investment issues especially in the media sector with Rupert Murdoch

Sun, 2011-05-29 09:14 - By

editor

Broadcasting News, Media Business, Media, Fox International Channels, Khalijiyah, Kingdom Holding Company, LBC Sat, News Corporation, Prince AlWaleed bin Talal bin Abdulaziz Alsaud, Rotana Media Group, Saudi Research and Marketing Group

News Corp’s stake in Rotana reaches 14.53%

Fri, 2011-05-13 08:00 - By

editor

Announcement, Media Business, Media, Arab News, News Corporation, Prince AlWaleed bin Talal, Rotana, Rotana Group

Arab News has reported that Rotana Group, chaired by Prince Alwaleed bin Talal, on Wednesday announced that News Corporation has reached an agreement to exercise 50 percent of its previously announced option in Rotana Group, the Middle East media group. Under the terms of the agreement, News Corporation will acquire newly issued shares in Rotana for $35 million.