Rotana signs deal with Disney, News Corp stake
The Arabian Rotana Media Group, one of the largest media groups in the EMEA region, and Fox International Channels (FIC), the international television channels arm of News Corp, have signed a multi-year output deal with The Walt Disney Company. The deal, which is set to come into effect immediately, will bring Disney and ABC’s television series and movies to the region’s viewers free-to-air on Fox Movies and Fox Series channels.
Meanwhile, News Corp will buy 10 per cent of the Rotana movies-to-music group early next year. A statement from Riyadh, where Prince Alwaleed bin Talal's Kingdom Holdings business is based, confirmed that the News Corp deal is almost complete.