It has around 45% of all the movie industry and around 75% of all the music.
AL-WALEED BIN TALALWell, you know, News Corp is the only real media global – that has a global presence that’s involved in TV production, in movies, in publishing, in newspapers, digital media, et cetera.
More Al-Waleed bin Talal Quotes
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I definitely believe that the so-called American decline is greatly exaggerated.
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I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
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You cannot play with fire.
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You know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera.
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Well, clearly Apple is a role model of the American innovation whereby it produced all these products – iPod, iPhone, iPad – that are really now dominating all the technology arena in the world.
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In Riyadh, there’s going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people.
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There are pockets of extremism in Israel,
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Our Palestinian brethren continue to be slaughtered at the hands of Israelis while the world turns the other cheek.
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Riyadh – It’s like a city within a city.
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No company should depend on one person no matter how that person is smart or genius, whether it’s Apple or News Corp, or Citibank or any other company in the world.
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Most governments are pragmatic, most people are logical.
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So, if you look at what’s common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields.
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The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan.
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One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
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I will always serve my country in any capacity, but I’m very happy with what I’m doing right now.
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