RIYADH – Prince Alwaleed Bin Talal, Chairman of Rotana Holding, chaired Rotana's Board of Directors meeting, which discussed, among others, Rotana's achievements in 2012. The board commended Rotana Group for these achievements. Moreover, the Board reviewed and discussed 2013 strategic plans, the operating and financial budget, and referred to the latest developments of Rotana. In addition, Nada Alsugair has been appointed as a board member in Rotana Group. Alwaleed: “I reaffirm my full support to Rotana and its management. I am happy with 2012 achievements and look forward to higher achievements in the years to come.” Newscorp owns percent 19 stake in Rotana. Rotana, which is majority owned by Alwaleed, operates one of the largest TV networks and ad sales operations in the region and owns the largest Arabic film library. It has also built the leading record label in the Middle East, managing many of the most popular artists in the region and controlling the biggest Arabic music catalogue. The meeting was attended by Dr. Walid Arab Hashem, Vice Chairman; Fahad Alsukait, CEO, Rotana Group; and the newly appointed Nada Alsugair, Rotana Board Member and Executive Director, Finance and Administration, Prince Alwaleed's Private Office. The Board members and representatives from News Corporation were Gary Davy (conference call), in addition to Charlotte Burr, Head of Strategy and Development, Asia Pac, News Corp.; John Ireland, CFO Rotana Group; and James Ward, Chief Legal Officer & General Counsel. — SG
