Alwaleed already has high-profile stakes in media groups News Corp - TopicsExpress

Alwaleed already has high-profile stakes in media groups News Corp (Fox News), Time Warner (CNNs parent company), and Walt Disney. Added to that, his $300 million stake in Twitter has quadrupled in value in just two years. Fellow billionaire, News Corp CEO Rupert Murdoch, may have been unsuccessful in his recent attempt to take over Time Warner. But Alwaleed believes it might not be the end of the story just yet. Combining both companies (News Corp and Time Warner) would have been a dream proposal because the amount of content the combined company would have had would have been tremendous, he said. Knowing Mr Murdoch I think the idea is still in his mind. But I think the time is not right now because the management of Time Warner against it, and the shareholders of Fox were also not for it. cnn/2014/09/21/business/richest-man-in-saudi-arabia/index.html?hpt=wo_bn8

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