Sep 14, 2014
Prince Alwaleed Heads Rotana Board Meeting

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Rotana Holding, chaired Rotana's Board of Directors meeting.

The meeting was attended by Dr. Walid Arab Hashem, Vice Chairman, Mr. Fahad Alsukait, CEO Rotana Holding and Ms. Nada Alsugair, Board Member and Executive Director, Finance and Administration, HRH's Private Office. The Board members and representatives from 21 Century Fox were Mr. Gary Davey, Executive Vice President, Programming, Sky Deutschland and Ms. Charlotte Burr, SVP Corporate and Development, Asia and Middle East, 21 Century Fox.

In addition Mr. Turki Alshabanah, President of Rotana TV Channels, Mr. Nezar Nagro, President of Rotana Media Services, Mr. John Ireland, CFO Rotana Holding, and Mr. Marcus Handley, General Counsel Rotana Holding, Dr. Nahla Nasser Alanbar, Private Executive Assistant to HRH the chairman and Mr. Fahad Bin Saad Bin Nafel,  Executive Assistant to HRH the chairman also attended.

During the meeting, the board members discussed Rotana’s achievements and commended the Rotana Group for these achievements. Moreover, the board reviewed and discussed the 2014 strategic plans, the operating and financial budget and discussed latest developments.

Rotana Group majority owned by Prince Alwaleed is the Middle East’s leading diversified media company. It operates one of the largest TV networks in the region with a bouquet of leading free-to-air channels including, Cinema, Aflam, Classic, Khalijiah, Masriya, LBC, Musica and Clip. Furthermore Rotana owns the largest Arabic Movie and Music libraries in the world, operates the region’s leading record label and artist management business and in Rotana Media Services and Hypermedia owns two of the region’s most successful advertising sales operations. The Rotana Group employs approximately 500 employees, located across multiple regions.

HRH Prince Alwaleed Bin Talal, the principal shareholder of the Rotana Group, is also the beneficial owner of approximately 7 percent of 21 Century Fox

21 Century Fox (NASDAQ: FOX; ASX: FOX) is the world's premier portfolio of cable, broadcast, film, pay TV and satellite assets spanning six continents across the globe. Reaching nearly 1.5 billion subscribers in 100 local languages every day, 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties, including FOX, FX, FXX, FS1, Fox News Channel, Fox Business Network, Fox Sports, Fox Sports Network, National Geographic Channels, Fox Pan American Sports, MundoFox and STAR; film studio Twentieth Century Fox Film; and television production studios Twentieth Century Fox Television and Shine Group.  The Company also provides premium content to millions of subscribers through its pay-television services in Europe and Asia, including Sky Deutschland, Sky Italia and its equity interests in BSkyB and Tata Sky.