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Can ijust interrupt and ask, my understanding is that we didn t actually know about this ownership, this part ownership. it wasn t in the public domain for quite some time, was it? it was kept very quiet through a series of cayman island based accounts and it only really came out after some digging by the ft in particular who managed to expose who was the ultimate owner of these. and what british people might not know is you might read the independent and you might not notice anything different but across the middle east, the saudi owners have taken the independent brand and launched a series of websites which have, in the eyes of many, been seen to push a pro saudi narrative in local languages. so, even if the brand in the uk isn t changing, the sort of power of the british brand can be used overseas. and this is a lot of it, it is soft power, whether it is advertising you see promoting saudi arabia, whether it is pr agencies in london that are earning massive sums spinning on behalf ....
The british government, connected to the saudi state. it is worth noting that the independent made it very clear that they haven t had any editorial compromising positions as a result of this, that they feel they are able to do theirjob as well. but you ve got to ask, what is it that the saudis are buying when they buy a third of these quite prominent british outlets? and before we answer that, can ijust interrupt and ask, my understanding is that we didn t actually know about this ownership, this part ownership. it wasn t in the public domain for quite some time, was it? it was kept very quiet through a series of cayman island based accounts and it only really came out after some digging by the ft in particular who managed to expose who was the ultimate owner of these. and what british people might not know is you might read the independent and you might not notice anything different but across the middle east, the saudi owners have taken the independent brand and launched a series of ....
It is worth noting that the independent made it very clear that they haven t had any editorial compromising positions as a result of this, that they feel they are able to do theirjob as well. but you ve got to ask, what is it that the saudis are buying when they buy a third of these quite prominent british outlets? and before we answer that, can ijust interrupt and ask, my understanding is that we didn t actually know about this ownership, this part ownership. it wasn t in the public domain for quite some time, was it? it was kept very quiet through a series of cayman island based accounts and it only really came out after some digging by the ft in particular who managed to expose who was the ultimate owner of these. and what british people might not know is you might read the independent and you might not notice anything different but across the middle east, the saudi owners have taken the independent brand and launched a series of websites which have, in the eyes of many, been seen t ....
Media, you ve got two really prominent examples, the london evening standard and the independent which is now online only. they were both owned by lord lebedev who is a russian, originally from russia. he sold stakes and owns a third of stakes to mysterious saudi businessmen who through a slightly complicated series of offshore accounts that turned out to be, in the eyes of the british government, connected to the saudi state. it is worth noting that the independent made it very clear that they haven t had any editorial compromising positions as a result of this, that they feel they are able to do theirjob as well. but you ve got to ask, what is it that the saudis are buying when they buy a third of these quite prominent british outlets? and before we answer that, can ijust interrupt and ask, my understanding is that we didn t actually know about this ownership, this part ownership, it wasn t in the public domain for quite some time. ....
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