{"id":117,"date":"2006-03-22T20:02:48","date_gmt":"2006-03-23T03:02:48","guid":{"rendered":"\/?p=117"},"modified":"2007-05-11T12:38:00","modified_gmt":"2007-05-11T19:38:00","slug":"time-warner-the-uae","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=117","title":{"rendered":"Time Warner & the UAE"},"content":{"rendered":"

In mid February it was announced that Dubai Ports World, a firm owned by the government of the United Arab Emirates, was acquiring ownership of several U.S. ports. Within a few days of that annoucement another deal was also revealed<\/a> by the same UAE parent company.<\/p>\n

Istithmar’s purcahse of 109 million shares of Time Warner gave it control of 2.39% of the world’s largest media conglomerate. They also hired one of Carl Icahn’s entities as its advisor. Icahn led an unsuccessful attempt to force the break up of Time Warner into 4 seperate units.<\/p>\n

Am I being to suspicious in wondering whether these events were related? Although it doesn’t appear that any advantage was achieved, the potential is a bit creepy. If I were attempting to buy critical U.S. assets with natioanl security implications, I might find it convenient to control a significant chunk of U.S. media. And affiliating with a figure (Icahn) who could hold the firms feet to the fire wouldn’t seem like such a bad idea either.<\/p>\n","protected":false},"excerpt":{"rendered":"

In mid February it was announced that Dubai Ports World, a firm owned by the government of the United Arab Emirates, was acquiring ownership of several U.S. ports. Within a few days of that annoucement another deal was also revealed by the same UAE parent company. Istithmar’s purcahse of 109 million shares of Time Warner […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,13],"tags":[],"class_list":["post-117","post","type-post","status-publish","format-standard","hentry","category-general","category-scandalous"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-1T","jetpack-related-posts":[{"id":19914,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=19914","url_meta":{"origin":117,"position":0},"title":"Get To Know Rupert Murdoch, The Man Who Wants To Buy Time Warner","author":"Mark NC","date":"7\/23\/2014","format":false,"excerpt":"Last week there was a surprising announcement that international media baron Rupert Murdoch had made a bid to expand his empire even further. He submitted an offer to acquire Time Warner in an $80 billion stock transaction. Be Sure To \u201cLIKE\u201d News Corpse On Facebook This would be an atrocious\u2026","rel":"","context":"In "Big Media"","block_context":{"text":"Big Media","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=12"},"img":{"alt_text":"Rupert Murdoch","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/notw-murdochalypse11.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":437,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=437","url_meta":{"origin":117,"position":1},"title":"To YouTube Or Not To YouTube","author":"Mark NC","date":"5\/15\/2007","format":false,"excerpt":"As a follow up to my article yesterday on press freedom which reported the Pentagon's order barring soldiers from using YouTube, MySpace, and other social networks, there were a couple of notable stories published today: DoD Flip-Flop: YouTube Banned, But Watch It. \"One day after the Pentagon banned US military\u2026","rel":"","context":"In "Free Press"","block_context":{"text":"Free Press","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=14"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68642,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=68642","url_meta":{"origin":117,"position":2},"title":"Herr Trump Is Trying to Quash the Netflix Deal to Buy Warner Bros as a Favor to His Oligarch Pals","author":"Mark NC","date":"1\/11\/2026","format":false,"excerpt":"The boots of Donald Trump - swollen cankles, bone spurred feet and all - are once again stomping down on matters where they don't belong. They have already trampled on everything from the Kennedy Center, to the Caribbean shores of Venezuela, to American cities with Democratic leaders that he regards\u2026","rel":"","context":"In "Big Media"","block_context":{"text":"Big Media","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=12"},"img":{"alt_text":"Donald Trump and Media - ABC, CBS, NBC, MSNBC, CNN, FOX","src":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-media-money-baby.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-media-money-baby.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.newscorpse.com\/ncWP\/..\/Pix\/Trump\/trump-media-money-baby.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":65,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=65","url_meta":{"origin":117,"position":3},"title":"Tom DeLay and Time Warner: Shacking Up On K Street","author":"Mark NC","date":"9\/14\/2005","format":false,"excerpt":"The lastest marriage between big media and Washington politics was announced yesterday. Tom DeLay's chief of staff, Tim Berry, has been hired by Time Warner. His official title is vice president of global public policy, also known as big-time, oily-palmed lobbyist. The L. A. Times says that: The hiring of\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=89","url_meta":{"origin":117,"position":4},"title":"DeadLines","author":"Mark NC","date":"11\/29\/2005","format":false,"excerpt":"Kucinich & Co. Take L.A. Times To Task For Scheer Dismissal We, as Members of Congress, object to the dismissal of Robert Scheer, a 32-year veteran of the LA Times with a long history of excellence in reporting and op ed pieces. 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