In September 09 there were rumors that News Corp of Rupert Murdoch will buy a stake in Alwaleed Rotana Media Services. Today, those rumors became liable as Murdoch & Alwaleed meeting became top business story. Back in the days Alwaleed used a fraction of his $18 billion fortune in owning 5.46% of News Corp. He did not stop there but he went beyond by backing Murdoch leadership.Regardless of the stake percentage & the amount of money that Murdoch will invest in Rotana I just wonder how this alliance could benefit Rotana in the long term. A simple question that need an answer.
