Topic summary

Rotana Media Group

Rotana Media Group

Saudi entertainment company Rotana GroupTypePrivateIndustryMusicTelevisionRadioMedia servicesFounded1987HeadquartersRiyadh, Saudi Arabia, EgyptArea servedMiddle EastAfricaAsiaEuropeKey peopleAl Waleed bin Talal Al Saud, CEOOwnerKingdom Holding CompanyWebsiterotana.net/en Rotana Media Group, commonly known as Rotana (Arabic: روتانا, romanized: Rōtānā), is a Saudi Arabian entertainment company. It is primarily owned by Saudi prince Al Waleed bin Talal through Kingdom Holding Company.[citation needed] The media conglomerate includes a film production company (Rotana Studios), free to air television stations (Rotana TV), music channels (Rotana Radio), a record label (Rotana Music Group) and other businesses.[citation needed] History Rotana was founded by Ibrahim Nagro and his brothers, with a 50% share to the Saudi business man Saleeh Kameel.[citation needed] In 2003, Al Waleed increased his stake to 100 percent, after initially acquiring a 48 percent stake in 2002. He developed Rotana Music Channel as a 24-hour free-to-air service for Rotana artists. This was followed by Rotana 2, Rotana Clip, augmented with SMS, and Rotana 3 for classical Arab music, followed by a movie chan