Your email is not valid
Recipient's email is not valid
Submit Close

Your email has been sent.

Click here to send another


Haim Saban in Talks to Buy al Jazeera Stake?

Egyptian paper breaks news, but we’re skeptical

Print Email
Saban at a Lakers game.(Vince Bucci/Getty Images)

The Israeli news site Ynet reported this morning that Israel-raised billionaire media mogul Haim Saban—whose investment group owns Univision—is negotiating to buy a 50 percent stake in the Al Jazeera television network from the emir of Qatar. The Ynet item cited a story from an Egyptian news site, Al Mesryoon, which apparently claims that Saban is conducting negotiations through an Egyptian businessman, and, moreover, that this is the second time Saban has made an offer. It also doesn’t really provide any evidence for the claim.

It’s an interesting idea—a Jewish half-ownership in the Arabic news network. Saban’s spokeswoman declined to comment one way or the other. But we’re a bit skeptical: If a huge media deal were in the offing, what are the odds that the story would be broken not by any of the media reporters who cover Saban and the TV business—either here and in the Emirates—but instead by an Egyptian site we’ve never heard of? (And one which, if our Google Translator steers us right, only launched last year, and looks more the Huffington Post than Wall Street Journal.) Plus, if Al Jazeera is losing money, as the story claims, is it really likely that the Qatari emir would turn to an Israeli billionaire for help? And why would Saban—the world’s 261st-richest person, according to Forbes, but also, as the single largest donor to the Democratic Party, an extremely politically astute individual—want to invite the kinds of headaches that would be involved in taking on this particularly thorny, supposedly cash-strapped overseas enterprise? After all, if he wants another television channel he could just, like, buy out Al Gore over at Current or something.

Report: Saban wants to buy al-Jazeera [Ynet]
Related: Morphed [Tablet]

Print Email

Lovely story. Perhaps Haim Saban is into achievement? Many highly successful businessmen have this kind of achievement need – a desire to make unique deals happen that nobody thought could be done. This would be a pretty good example!

I’ve said that least 289013 times. The problem this like that is they are just too compilcated for the average bird, if you know what I mean

You must know, your submit goes to the center on the issue. Your clearness leaves me wanting to know a lot more. merely so you know, i will instantly grab your feed to keep up to date with your web site. Sounding Out thanks is purely my little way of saying bravo for a wonderful resource. Accept my nicest wishes for your inflowing article.

Very interesting subject, thank you for putting up.

I went over this web site and I believe you have a lot of excellent information, saved to fav (:.

You may find how to lose 10 pounds in a week or so, lose lbs, free of charge eating habits and the way lose weight now over at our site.


Your comment may be no longer than 2,000 characters, approximately 400 words. HTML tags are not permitted, nor are more than two URLs per comment. We reserve the right to delete inappropriate comments.

Thank You!

Thank you for subscribing to the Tablet Magazine Daily Digest.
Please tell us about you.

Haim Saban in Talks to Buy al Jazeera Stake?

Egyptian paper breaks news, but we’re skeptical

More on Tablet:

A Tale of Three Twitter Feeds: Hamas Tweets in Arabic, English, and Hebrew

By Aaron Magid — Analysis of the social-media messaging of Hamas’ military wing reveals distinct voices for the West, the Arab Middle East, and Israel