According to the Egyptian newspaper El Mesryoon (the same newspaper that hinted that the Muslim Brothers were contemplating El Baradei as their Presidential candidate!)Haim Saban is negotiating with the Government of Qatar, through an Egyptian intermediary, to buy 50% stake in the channel Al Jazeera.
The news channel is in bad financial shape.
The newspaper is the 2nd time that negotiations take place directly between Haim Saban and the Emir of Qatar. Mr. Saban would go to Qatar with Bill Clinton in 2003 during a conference organized by the Sheikh to advance the peace process in the Middle East....
media in the USA.(google-translation)
Editor: Serge Surpin
1 comment:
http://www.satmag.fr/affichage_module.php?no_theme=1&no_news=11370&id_mod=50
via google tanslate from the french
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Haim Saban in negotiations to buy Al Jazeera
Info posted on 07-10-2009 at 18:39
According to the Egyptian newspaper El Mesryoon Haim Saban is negotiating with the Government of Qatar, through an Egyptian intermediary, to buy 50% stake in the channel Al Jazeera.
The news channel is in bad financial shape.
The newspaper is the 2nd time that negotiations take place directly between Haim Saban and the Emir of Qatar. Mr. Saban would go to Qatar with Bill Clinton in 2003 during a conference organized by the Sheikh to advance the peace process in the Middle East.
The acquisition negotiations have been taken seriously, studies evaluating the sale price would have been incurred and Haim Saban would have withdrawn from negotiations without giving any explanations.
A new offer has been launched recently by the leaders of Qatar, via an Egyptian businessman.
Haim Saban is a businessman and a composer. He has dual American and Israeli. He was born in 1944 in Egypt, Alexandria, and emigrated to Israel in 1956.
Haim Saban runs the company Saban Capital Group, Inc.. ( "GCS"). It has a seat on the board of directors of TF1 and DirecTV, the satellite package of Rupert Murdoch.
From 1975 to 1983 he worked in France as an independent producer. He then reportedly sold 18 million records.
He then moved to Los Angeles where he became a producer specializing in music for television.
He has been associated with Rupert Murdoch in the capital Fox Familly Worldwide (Fox Family, Fox Kids Network), a company that was later sold to Disney in 2001.
In 2003 he took over the German group ProSiebenSat.1 Media which was sold in 2007.
It has interests in Israeli companies (including the Bezeq telecommunications company), it is now, with other investors in Univision Communications, the first group of Spanish media in the USA.
Editor: Serge Surpin
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