Monday, September 06, 2010

NPR > What do a Saudi Prince, Fox News & the New York mosque have in common?

The proposed construction of an Islamic center and mosque close to ground zero in New York City has inspired intense scrutiny from news outlets this month — and few have outstripped the Fox News Channel in their interest.

That's especially true on Fox's opinion-driven shows in the morning and evening hours. Familiar figures including Sean Hannity and Laura Ingraham have repeatedly asked where the money for the center will come from. Yet the parent company of Fox News shares a financial backer with the imam who is at the center of the firestorm. The second-largest holder of voting stock in News Corp. is Saudi Prince Al-Waleed bin Talal, a nephew of the Saudi king. And through his philanthropies, Waleed has given generously to initiatives pursued by the imam, Feisal Abdul Rauf. But that connection has not been spelled out by Fox to viewers. 

[...] according to the latest filings with the SEC, Waleed now holds 7 percent of the voting stock in News Corp., more than any other person not named Rupert Murdoch .....

Read the rest of the story here.