G'day and Salaam
What do you do when money is pumped into the news to change it but the product proves more accurate?
The ironies never cease when it comes to Fox. Flogging the flag for profit and power, Fox's Newscorp, owned primarily by Australian-born Rupert Murdoch, has a new investor.
Right Wing FrontPage Magazine, via BradBlog:
"Saudi Prince al-Waleed bin Talal boasted in Dubai earlier this week about his ability to change the news content that viewers around the world see on television."
In early September 2005, Bin Talal bought 5.46% of voting shares in News Corp. This made the Fifth richest man on the Forbes World's Richest People, the fourth largest voting shareholder in News Corp., the parent of Fox News.Granted, FrontPage's likely motive for covering this story is a bit more xenophobic than ours:
"Covering the riots in Paris last November, Fox ran a banner saying: "Muslim riots." Bin Talal was not happy. "I picked up the phone and called Murdoch... (and told him) these are not Muslim riots, these are riots out of poverty," he said. "Within 30 minutes, the title was changed from Muslim riots to civil riots."So there you go, Fox's coverage gets more accurate but it took an influx of cash from an interested party to do it. Lesson #1: You want better coverage, buy it. Lesson #2: Xenophobia trumps right wing loyalty. (Bradblog)
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