Exclusive: Media company recently signed lucrative deal with Saudi government-controlled MBC Group
We have to ban foreign nationals owning our media. They do not purchase media companies as business interests anymore; it is only ever about changing public opinion.
Domestic billionaires doing this is okay, though?
For profit news is a plague
OTOH, Vice is a private company.
One could argue I guess that per country, international companies need to have distinct subsidiaries and those need to be fully owned and operated in that country only with no international cash flow.
But it’d be quite difficult to enforce, I’d imagine.