News Corp. has agreed to acquire a stake in a Saudi Arabia-based media firm, Rotana, that's owned by one of the company's largest investors, Prince Alwaleed Bin Talal. The $70 million deal also gives
News Corp. an option to double its holding during the 18 months after the initial deal closes, reports MarketWatch. Rotana has a major TV network, radio network, ad-sales operation and digital
services in the region. News Corp. is the parent of Dow Jones, which includes
The Wall Street Journal, Barron's, Dow Jones Newswires and MarketWatch. 
I wonder how they'll feel about pay-walls?