{"id":2183,"date":"2004-11-20T00:46:16","date_gmt":"2004-11-20T00:46:16","guid":{"rendered":"http:\/\/amrani.cc\/wp\/?p=2183"},"modified":"2004-11-20T00:46:16","modified_gmt":"2004-11-20T00:46:16","slug":"2004-11-20-bin-talal-backs-murdoch-html","status":"publish","type":"post","link":"http:\/\/amrani.cc\/wp\/?p=2183","title":{"rendered":"Bin Talal backs Murdoch"},"content":{"rendered":"<div data-src=\"v5\">It would seem weird if an Arab prince and business would save Fox News from slipping from Rupert Murdoch&#8217;s hands, wouldn&#8217;t it? Well, that may very well <a href=\"http:\/\/story.news.yahoo.com\/news?tmpl=story2&amp;u=\/afp\/20041117\/wl_mideast_afp\/australia_us_media_saudi\">happen<\/a>:<\/p>\n<blockquote><p> The Australian Financial Review said Thursday that Prince Alaweed bin Talal, listed by Forbes as the world&#8217;s fourth-wealthiest individual, had thrown his support firmly behind Murdoch.<\/p><\/blockquote>\n<blockquote><p>The prince owns about three percent of non-voting shares in News Corp. and offered to boost his stake if needed, the newspaper said in a report from New York.<\/p><\/blockquote>\n<blockquote><p>&#8220;I have the utmost confidence in Mr Murdoch, his management team and his succession plan,&#8221; bin Talal said, as quoted by the Review, saying that Saudi companies would be willing to boost their stake to defend his position.<\/p><\/blockquote>\n<blockquote><p>&#8220;If necessary, the kingdom companies and I will convert currently owned shares and purchase additional ones to increase ownership of voting shares in News Corp. in support of Mr Murdoch and his plans.&#8221;<\/p><\/blockquote>\n<p><\/p>\n<blockquote><p>The prince added that Murdoch&#8217;s sons Lachlan and James were qualified to run News Corp. <\/p><\/blockquote>\n<p>At least with Murdoch Bin Talal can be sure he can buy positive coverage&#8230;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div data-src=\"v5\">It would seem weird if an Arab prince and business would save Fox News from slipping from Rupert Murdoch&#8217;s hands, wouldn&#8217;t it? Well, that may very well <a href=\"http:\/\/story.news.yahoo.com\/news?tmpl=story2&amp;u=\/afp\/20041117\/wl_mideast_afp\/australia_us_media_saudi\">happen<\/a>:<\/p>\n<blockquote><p> The Australian Financial Review said Thursday that Prince Alaweed bin Talal, listed by Forbes as the world&#8217;s fourth-wealthiest individual, had thrown his support firmly behind Murdoch.<\/p><\/blockquote>\n<blockquote><p>The prince owns about three percent of non-voting shares in News Corp. and offered to boost his stake if needed, the newspaper said in a report from New York.<\/p><\/blockquote>\n<blockquote><p>&#8220;I have the utmost confidence in Mr Murdoch, his management team and his succession plan,&#8221; bin Talal said, as quoted by the Review, saying that Saudi companies would be willing to boost their stake to defend his position.<\/p><\/blockquote>\n<blockquote><p>&#8220;If necessary, the kingdom companies and I will convert currently owned shares and purchase additional ones to increase ownership of voting shares in News Corp. in support of Mr Murdoch and his plans.&#8221;\n<\/p><\/blockquote>\n<blockquote><p>The prince added that Murdoch&#8217;s sons Lachlan and James were qualified to run News Corp. <\/p><\/blockquote>\n<p>At least with Murdoch Bin Talal can be sure he can buy positive coverage&#8230;<\/p><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[60],"_links":{"self":[{"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=\/wp\/v2\/posts\/2183"}],"collection":[{"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2183"}],"version-history":[{"count":0,"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=\/wp\/v2\/posts\/2183\/revisions"}],"wp:attachment":[{"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2183"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/amrani.cc\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}