Solomon Kane Movie

Rotana, owned by His Royal Highness Prince Alwaleed Bin Talal, operates one of the largest television networks and ad sales operations in the region and owns the largest Arabic movie library. The company has an option to increase its stake to 18.18% in the 18 months following completion. Under the agreement, News Corporation will acquire newly issued shares in Rotana for $ 70 million. London, February 23, 2010. Furthermore, it has built the leading music in the Middle East, the management of many of the most popular artists of the region and control the largest catalog of Arabic music. News Corporation announced today that it has agreed to buy a stake of 9.09% in the Rotana, the Middle East media group. Rotana also operates a radio network expansion and a wide range of digital services
James Murdoch, Chairman and Chief Executive Officer, Europe and Asia, News Corporation, said: “A stake in Rotana expands our presence in a region with a young and growing population as a whole GDP growth is to exceed that of economies developed in the years ahead. Rotana is a leader in the Middle East and look forward to working together.
Prince Alwaleed Bin Talal, said: “We are delighted to have this alliance with News Corporation. As one of the media world’s most global companies, which has an unparalleled record in business development worldwide scale . This investment will strengthen our existing relationship, the construction of Rotana’s presence throughout the region and expand its outreach to the Arab diaspora around the world.
HRH Prince Alwaleed Bin Talal, Rotana Group’s main shareholder is the beneficial owner of approximately 7 percent of News Corporation Class B Common Stock as reported on a list 13G, as amended, filed on February 4 201