Saudi media group SRMG inks deal to launch ‘Bloomberg Al Arabiya’ network

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Prince Bader bin Abdallah bin Mohammad bin Farhan Al Saud (L) with Mr. Michael R. Bloomberg, founder of Bloomberg L.P. and former mayor of New York City at the Bloomberg Global Business Forum in New York. (AN photo)
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Dr. Ghassan Alshibl, MD and CEO of SRMG (R) signing the Agreement with Justin Smith, CEO of Bloomberg Media in Bloomberg’s headquarters in New York. (AN photo)
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Dr. Ghassan Alshibl, Managing Director and CEO, SRMG (first right) Justin B Smith, CEO, Bloomberg Media (first left), John Micklethwait, Editor-in-Chief, Bloomberg (second left) and Mr. Abdulrahman Alruwaita, Chairman of the Executive Committee, SRMG. (AN photo)
Updated 21 September 2017
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Saudi media group SRMG inks deal to launch ‘Bloomberg Al Arabiya’ network

RIYADH: Saudi Research and Marketing Group (SRMG) today said it has entered a long-term agreement with US-headquartered media firm Bloomberg to launch a multi-platform Arabic-language business and financial news service.
SRMG — publisher of Asharq Al-Awsat, Arab News and Aleqtisadiah — plans a 24-hour television and radio network and dedicated digital platform under the “Bloomberg Al-Arabiya” brand.
It will also publish “Bloomberg Businessweek” magazine in Arabic and launch a new conference and live events series, according to a statement from the company.
The Bloomberg Al-Arabiya platforms will provide Arabic-speaking audiences around the world with news and analysis on the companies, markets, economies and politics shaping the Middle East, the statement said.
Prince Bader bin Abdullah Al-Saud, chairman of SRMG, said the deal would give a boost to the regional media industry.
“We are very pleased with this promising partnership with Bloomberg. In addition to the many business opportunities this collaboration brings, we believe the partnership will greatly enhance the media landscape in our region,” he said.
“This is an exciting development for SRMG and a strong progression in our quest to offer the highest quality financial and business journalism from, and about the Middle East.”
Michael R. Bloomberg, founder of Bloomberg and former mayor of New York City, said, “The Middle East is an important, economically diverse region and our agreement with SRMG allows us to deliver the sharpest global business and financial insights to a critical audience of business decision makers.”
Headquartered in the Gulf, the Bloomberg Al Arabiya team will be managed by SRMG with support from Bloomberg, and will draw on its financial and economic content and data as well as its 2,700 reporters and analysts globally.
“Our partnership with SRMG is a significant milestone in our regional growth story, building on the introduction of an expanded suite of new media platforms in the Middle East last year,” said Justin B. Smith, CEO of Bloomberg Media Group. “This agreement is an integral part of our strategy of forming partnerships with leading news providers in markets that have a compelling economic growth story, as we look to further expand our localized international presence.”
Dr. Ghassan Al-Shibl, managing director and CEO of SRMG, said: “As one of the biggest media publishing houses in the Middle East, this partnership between SRMG and Bloomberg will see us expand into the international television business. With the new era of business and economic transformation in the Kingdom of Saudi Arabia, such a significant agreement between two leading brands will pave the way for a multi-platform ecosystem of specialized business and financial content of international standards. This is the beginning of a new chapter in the history of media and publishing in the region.”
Bloomberg editor in chief John Micklethwait said: “Bloomberg Al Arabiya will enable us to build on more than 20 years of newsgathering across the Arab world to deliver the best of Bloomberg’s news, insight and analysis.”


Indian journalist condemns Twitter for blocking account after abuse online

Updated 19 February 2019
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Indian journalist condemns Twitter for blocking account after abuse online

  • Dutt's account was blocked after she posted details of men who allegedly stalked and threatened her
  • Dutt accused Twitter of being “vile enablers of sexual abuse and violence”

MUMBAI/NEW DELHI: One of India’s best-known women journalists, Barkha Dutt, launched a scathing attack on Twitter Inc. on Tuesday for temporarily locking her account after she posted details of men who allegedly stalked and threatened her.
Dutt said some people had posted and circulated her phone number on Twitter, enabling the harassment, which she said included threats of rape and images of genitalia being sent to her phone.
Dutt tweeted some of the threats and images on Monday, and she included phone numbers and names of the men who allegedly threatened her, after which her account was suspended.
She posted her complaint against Twitter in a tweet on Tuesday, after her account was re-activated.
“I would like to place on record my absolute horror and disgust at Twitter’s encouragement of sexual abuse and gender inequality,” said Dutt, a former managing editor at news channel NDTV and a regular columnist with the Washington Post.
Dutt accused Twitter of being “vile enablers of sexual abuse and violence.”
Twitter said it did not comment on individual accounts for privacy and security reasons and it referred to its rules that users may not publish or post other people’s private information without their express authorization and permission.
“If we identify a Tweet that violates the Twitter Rules, there are a range of enforcement options we may pursue. These include requiring a user to delete a Tweet, and/or being temporarily locked out of their account before they can Tweet again,” a spokeswoman for Twitter said in an email.
The social media platform is already facing scrutiny in India.
Its chief executive, Jack Dorsey, has been called to appear before a parliamentary panel this month to discuss initiatives being taken to safeguard citizen’s rights on social media and online news platforms.
The hearing comes soon after the conservative Youth for Social Media Democracy group accused Twitter of left-wing bias and protested outside its office in New Delhi this month.
Dorsey did not appear at a hearing earlier this month.
A person with direct knowledge of the matter told Reuters on Tuesday the parliamentary panel had written an email to Dorsey, reiterating its demand that he appear at a Feb. 25 hearing.
Twitter declined to comment on whether Dorsey would attend.
Social media giants in India are being put under greater scrutiny ahead of a general election due before May, in which Prime Minister Narendra Modi and his ruling party are seeking re-election.
Several social media companies are overhauling policies to curb misinformation ahead of the vote.