21st Century Fox Shareholder Al Waleed Bin Talal’s Rotana Pledges $36M To Arab Films
Saudi Prince Al-Waleed Bin Talal, a longtime ally of Rupert Murdoch and 21st Century Fox’s no. 2 shareholder, plans to invest around $36 million in Arab films through his Rotana Media Group. The announcement comes following a shake-up in the Arab film and TV biz with the entry of Netflix and Qatar’s pay TV platform beIN Media into the region. Rotana will concentrate on commercial Egyptian producers for a large part of the planned investment, working closely with the likes… Read