Exclusive: Media company recently signed lucrative deal with Saudi government-controlled MBC Group

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[–] 65 points 3 years ago (3 children)

We have to ban foreign nationals owning our media. They do not purchase media companies as business interests anymore; it is only ever about changing public opinion.

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  • [–] 22 points 3 years ago (1 child)

    Domestic billionaires doing this is okay, though?

    For profit news is a plague

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  • [–] 2 points 3 years ago

    Why do you think they want to influence your opinion. It is all about making money, and a lot more than they expect from some crappy newspaper. GB news hasn't made a single penny in profits, and yet are still giving out £100,000 pa contracts.

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  • [–] 2 points 3 years ago (1 child)

    OTOH, Vice is a private company.

    One could argue I guess that per country, international companies need to have distinct subsidiaries and those need to be fully owned and operated in that country only with no international cash flow.

    But it'd be quite difficult to enforce, I'd imagine.

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