Volume 35, Issue 1
COUNTY'S NEWS MONTHLY - FREE PRESS
|Israelis Bid To Buy Al-Jazeera from Qatar|
An Israeli media tycoon has offered to buy the pan-Arab Al-Jazeera
satellite television network from the government of Qatar
Haim Saban, has submitted an offer to the Qatari government in a bid to
purchase half of the Doha -based Al-Jazeera satellite network.
The Egyptian newspaper al-Mesryoon reported Wednesday that the Israeli
billionaire is currently engaged in negotiations with Qatar's emir,
Sheikh Hamad bin Khalifa al-Thani, over the partial purchase of the
media outlet. The talks are said to be conducted through an Egyptian
The account comes amid reports that the
largest and most controversial Arab news channel in the Middle East is
grappling with a terrible financial crisis at present. Saban had
previously made an offer to purchase al-Jazeera in 2004, but it was
The Israeli-American magnate has
supposedly made an offer of $5 billion for the popular Arabic-language
news channel, in an attempt to get a hold of it and to broadcast a
pro-Israeli message so as to influence the Arab opinion in favor of Tel
Aviv's hawkish regime.
Al-Jazeera spawned a media
revolution in the Arab world after it was founded in 1996. The network
is reliant on state financial largesse, estimated at over $70 million a
year, but does not broadcast shows critical of the Qatari government.
Al-Jazeera, however, does air programs leveling criticism at all other
Seban made his fortune by
buying the rights to market the Japanese kids show, "The Power
Rangers," in America. He is a prominent supporter of Israel and the
right-wing Netanyahu government. In addition, the Egyptian-born Jewish
businessman is well known for his under-the-table dealings.
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