companies: April 2010 archives

Posted in: Mixed Media
Posted by: Keach Hagey on April 4, 2010 7:27 PM
Tags: Al Jazeera, Georgia, Imedi TV, RAK
BZ04FE P07 SECTOR leadpic 01.jpg

Nodar Meladze presents 5 o'clock news at Imedi TV station (Temo Bardzimashvili for The National).

Gulf states have gotten a hankering for Eastern and Central European media assets lately, it seems. First, Ras al Khaimah's sovereign wealth fund, RAKIA, was said to have purchased the private Georgian broadcaster, Imedi TV, last year. (These claims were fervently and rather colourfully disputed by the head of RAKIA in a story in The National in February, but the actual ownership remains shrouded in mystery -- an increasingly weird, if not downright disturbing kind of mystery.) And now, Al Jazeera is in talks to take over the Bosnian broadcaster, Studio 99, according to Balkan Insight.



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