Showing posts with label The Independent. Show all posts
Showing posts with label The Independent. Show all posts

Wednesday, August 9, 2017

‘The Independent was not actually independent before Sultan purchased his share’

‘The Independent was not actually independent before Sultan purchased his share’
Image: Muslim Press
Muslim Press
August 2, 2017

Editor's Note: Brandon Turbeville interviewed by Muslim Press 

“It’s hard to make predictions here,” said Brandon Turbeville, host of a weekly radio show Truth on the Tracks, in response to what the future would hold for The Independent after a Saudi investor bought significant stakes in the liberal icon of UK media.

The news came just days ago, when the Middle East Eye revealed that Sultan Mohamed Abuljadayel, a Saudi-based Saudi Arabian national, has acquired up to 50 percent of the Independent website.

Abuljadayel, 42, has taken a stake of between 25% and 50% in Independent Digital News and Media, the holding company of the Independent, according to filings at Companies House.

“Let's face it,” Mr. Turbeville said, “The Independent was not actually independent before sultan purchased his share.”

“It was controlled by an oligarch beforehand and now it is simply controlled by two oligarchs.”

Who is Sultan Muhammad Abuljadayel?

Amol Rajan, former editor of The Independent, says Abuljadayel is a rich man who wants to be richer. He went on to describe Abuljadayel as “a Saudi investor seeking influence.”

“Money and influence are the two main reasons that people invest in media, and there's no reason to think Abuljadayel is any different,” Mr. Rajan added.