Thursday 6 June 2013

Middle Eastern digital media crisis exposed by Mediaquest takeover of AME Info « ArabianMoney

"At first sight the acquisition of the business news and information website AME Info by Paris-based Mediaquest ought to be a cause for celebration of a necessary consolidation in the digital media space with a local industry pioneer returning to a more entrepreneurially driven home.

Now admittedly this is not in the same league as the consolidation of Dubal and Emal into a $15 billion company announced earier in the week. We are talking millions of dirhams rather than billions of dollars. Then again the Dubal website is not read by 2.4 million readers like AME Info, which is still probably the region’s most widely read English-language website after Al Jazeera and Gulf News."

'via Blog this'

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