Green Energy
Wealthy Muslims Urged To Buy Influence In Media
Thanks to Religion of Pieces for making me aware of this:
RIYADH (Reuters) - Muslim tycoons should buy stakes in global media outlets to help change anti-Muslim attitudes around the world, ministers from Islamic countries heard at a conference in Saudi Arabia on Wednesday.
Information ministers and officials meeting under the auspices of the 57-nation Organisation of the Islamic Conference (OIC), the world's largest Islamic body, said Islam faced vilification after the September 11 attacks, when 19 Arabs killed nearly 3,000 people in U.S. cities in 2001.
"Muslim investors must invest in the large media institutions of the world, which generally make considerable profits, so that they have the ability to affect their policies via their administrative boards," OIC chief Ekmeleddin Ihsanoglu told the gathering in the Saudi city of Jeddah.
"This would benefit in terms of correcting the image of Islam worldwide," he said, calling on Muslim countries to set up more channels in widely-spoken foreign languages.
Muslim stakes in Western media are minimal. Billionaire Saudi Prince Alwaleed bin Talal owns 5.46 percent of media conglomerate News Corp., the Rupert Murdoch-run group behind the Fox News Channel.
That 5 1/2% stake was enough to allow the Saudi billionaire to brag of how he had changed Fox's coverage of the Paris Riots:
... Al-waleed, who is a member of the Saudi Royal Family and investor in the Fox News parent company News Corporation, gave an interview boasting that he had called Fox to complain about coverage of the "Muslim riots" in France. He said he "called as a viewer" and "convinced them to change" the coverage because "they were not Muslim riots but riots against poverty and inequality." And "they changed" the coverage, the Saudi reportedly said.
Another report on the comments, carried by the Dubai-based newspaper the Khaleej Times, says that Al-waleed personally called Rupert Murdoch to complain. The Saudi said, "After a short while, there was a change" in the coverage.
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