×
You will be redirected back to your article in seconds

Fox Business Pulls Out of Saudi Conference Amid Khashoggi Controversy

Fox Business Network became the latest media outlet to cut ties with a glitzy business conference slated to be held in Riyadh, Saudi Arabia, amid the ongoing controversy surrounding the disappearance of dissident columnist Jamal Khashoggi.

The 21st Century Fox-owned cable-news outlet had been named as a media partner of the Future Investment Initiative, along with Bloomberg, The Financial Times, CNN, The New York Times, and Al Aribiya News Channel. The event is scheduled to take place in Riyadh between Oct. 23 and Oct. 25.  But even as CNN and other mainstream news outlets cut ties with the event, spokespersons for Fox Business said the network continued to monitor the situation.

“Fox Business Network has canceled its sponsorship and participation in the Future Investment Initiative conference in Saudi Arabia. We continue to seek an interview with Crown Prince Mohammad bin Salman,” the network said in a statement. Fox Business anchor Maria Bartiromo had been scheduled to take part in the event, but will not attend unless there is an opportunity for her to conduct an unrestricted interview with the Saudi leader, according to a person familiar with the matter. The network has been trying to secure such a conversation, this person said.

The conference is hosted by the Public Investment Fund, the Saudi sovereign wealth fund. Dubbed “Davos in the Desert,” the conference was first held last year, and has been seen as an opportunity for the mideast nation to spotlight the modernization efforts of Crown Prince Mohammed. The PIF is an investor in Penske Media Corporation, the parent company of Variety.

Fox Business’ decision comes hours after U.S. Treasury Secretary Steven Mnuchin said he would not attend the investor summit.

Khashoggi has not been seen since entering the Saudi consulate in Istanbul on Oct. 2. Turkish authorities have told reporters that Khashoggi was murdered in the consulate by a state-sponsored hit squad, and other media outlets have reported subsequently that members of the team sent to Turkey had close ties to Saudi government.

More to come…

More TV

  • Shefali Shah in Delhi Crime

    'Delhi Crime’ Wins Big at Asian Academy Creative Awards

    Richie Mehta’s harrowing Netflix series “Delhi Crime” was the big winner at the 2nd annual Asian Academy Creative Awards in Singapore on Friday. Representing the show, lead actress Shefali Shah was rushed off her feet as she repeatedly had to return to the stage. “Delhi Crime” earned her best actress in a leading role, best [...]

  • KARNAWAL

    ‘Karnawal,’ ‘Restless,’ ‘Summer White,’ ‘Firsts’ Win Big at Ventana Sur

    BUENOS AIRES  — With Ventana Sur now firing on multiple cylinders, featuring pix-in post or project competitions for not only art films but also genre pics and animation – two sectors embraced by young creators in Latin America – “Karnawal,” “Restless,” “Summer White” and  “Firsts” proved big winners among Ventana Sur’s arthouse and animation competitions, [...]

  • Robert Walker Jr.

    'Star Trek' Actor Robert Walker Jr. Dies at 79

    Robert Walker Jr., son of actors Robert Walker and Jennifer Jones, died Thursday, his family confirmed to the official website for the television show “Star Trek.” He was 79. Walker Jr. is best remembered for playing the titular Charlie Evans in the “Star Trek” episode “Charlie X” from the show’s first season in 1966. His [...]

  • Los Angeles Lakers' LeBron James, right,

    TV Ratings: Why Is the NBA Shooting Air Balls?

    The NBA’s TV ratings so far this season have been far from all-star level. Viewership across ESPN, TNT and NBA TV is down 15% year-to-year overall, according to Nielsen figures. TNT’s coverage is averaging 1.3 million viewers through 14 telecasts, down 21% versus last year’s comparable coverage, while on ESPN the picture isn’t much prettier. The [...]

  • Claire Danes, Homeland

    TV News Roundup: Showtime Releases 'Homeland' Final Season Trailer

    In today’s TV news roundup, Showtime drops the trailer for the final season of “Homeland,” and National Geographic reveals the first look at Cynthia Erivo as Aretha Franklin in “Genius: Aretha.” FIRST LOOKS Showtime released the trailer for the final season of “Homeland,“ premiering Feb. 9. The eighth and final season, starring Claire Danes and [...]

More From Our Brands

Access exclusive content