For those of us who spend every day thinking and reading about the Middle East media industry, the highlight of the "Davos of media" that happened in Abu Dhabi last month was not Rupert Murdoch's appearance (as we weren't allowed in the room) or even Eric Schmidt's rousing speech (though our techie little brother is jealous). No, it was Karim Sarkis, the executive director of broadcast at ADMC (disclosure: our employer), telling the world's assembled media bigwigs in pure, unvarnished language that "there is no business model for television" in the Middle East.
