News Corp. boss Rupert Murdoch warned Mideast leaders Tuesday to liberalize their policies regarding media if they want to attract more investment, according to the Financial Times.
“In the opening address at the inaugural Abu Dhabi Media Summit, the News Corp chairman warned against 'creative protectionism,'" FT reported. “Telling authorities in the region: 'With the right economic incentives you will find creative Arab enterprises rising higher and faster than your most modern buildings.'”
He ought to know, having forged somewhat controversial relations with Saudi Prince Alwaleed bin Talal.