Is it a problem that 53% of Euronews is owned by an Egyptian billionaire?

Yes, because the EU loses an important propaganda instrument.
13% (7 votes)
No, because Euronews is an independent TV station that offers unbiased information irrespective of who owns it.
69% (36 votes)
No, because he was educated in German and Swiss schools, chaired a German Chamber of Commerce, and owns a bank in Germany.
12% (6 votes)
No, because the headquarters are still in Lyon, France.
6% (3 votes)
Total votes: 52

Comments

The fact that Euronews is owned by an Egyptian billionaire is not a problem for various reasons: 1. He owns 53% of Euronews, but the rest of 47% belongs to several European and North African state broadcasting organizations, thus creating a sort of balance concerning the content of the news broadcasted and the amount of possible influence on the content. 2. His nationality should not be an impediment. As long as he has important achievements (and he has indeed, as he holds a diploma in Mechanical Engineering with a Masters in Technical Administration from the Swiss Institute of Technology, and a Diploma from the German Evangelical School from Cairo, is a Board member of the GSM Association representing Orascom Telecom Holding, is a member of the newly formed International Advisory Committee to the New York Stock Exchange Board of Directors, is also a member of both the Board of Trustees and the board of Directors of the Arab Thought Foundation, a board of Trustees member and Head of the Financial Committee of the French University in Cairo, a board member of the Egyptian Council for Foreign Affairs, the Consumer Rights Protection Association and the Cancer Society of Egypt and others, is the recipient of numerous honorary degrees, industry awards and civic honors, including the Legion d’Honneur), he can be considered a highly intelligent and innovative, with a great spirit of entrepreneurship, regardless of his nationality. So as long as Euronews has as owner a competent man as Sawiris proved to be, his nationality is not an aspect that could influence the quality of its news in any way.
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Total votes: 13
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I think this is not a problem because Euronews is an independent TV station, the headquarters are still in Lyon, France. For the owner Sawiris Euronews is a great toy for satisfaction in own ambitions. His investments are invested in very different directions and Euronews only a small part of his property. Taking into account European education, lifestyle and business of owner I think that he will not propagate destructive interests on this channel. Perhaps he thus wants to bring his life closer to Europe.
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Total votes: 10
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I see only some minutes from the first video. Even without seeing any video, the info about his education is not definitory about his character. Kim Jon-Un, number one from North Korea, have studied in Switzerland too. Business is business and men like this need to have influence at some point. Euronews is one of this. You can call me not open-minded, but Euronews can lose objectivity at any time. From Brussel are some concerns about editorial autonomy and transparency, since EU invest over 250 mils in this media outlet. I hope I'm wrong and we don't see somedays how good is Muslim Brotherhood for EU.
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Total votes: 12
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First of all, I will start by mentioning the sayings of Naguib Sawiris, the new investor of Euronews, who considers that a channel fails when it represents only one point of view. So, giving the fact that the other percentage of ownership it is held by other broadcasting companies, the new decision of investing in the 24-hour TV news channel can be seen as one that should change things up in the old working system of the Euronews. As it could have been expected, this was a controversial subject, that set the decision of the Egyptian billionaire in high contrast opinions. On the one hand, this investment can be seen as a way of Naguib Sawiris to gain more influence in the mass media sector, by owing over half of the European news channel Euronews. So this change futures possible problems in the independence of Euronews, as this new investor can influence its journalists. On the other hand, this can be seen as a beneficial decision that helped the budget of the Euronews with great funding: €35 million. This provided greater financial stability for the European broadcaster, after years of underfunding.
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Total votes: 13
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In different countries of the world most part of TV stations belong to billionaires. Sometimes, if the control in this sphere is absent in the country, it can lead to disappointing results, i.e. deception of the population, political instability, unrest among various groups of population, etc. But it doesn't concern the EU because the same political situation can be caused by the prohibition of broadcasting, charging a fine, license revocation and other consequences for their owners. So, it depends on different factors but the main of them is the regulation in such sphere according to the current legislation.
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Total votes: 10
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No, it's not a problem, in my humble opinion, its a blessing. Egyptian tycoon Naguib Sawiris is handsome as handsome he does. ‘I want to feel good about having done something good. Provide me with the island and I will do the rest’. ‘A news channel should be an open window for all opinions’; ‘Euronews aims to be the go-to media outlet for expertise on European affairs’. His messages speak of his being unbiased, intelligent and sophisticated workafrolic, who has created the most elegant and fabulous offices; great at problem-solving; working 24 hours a day; sharing happiness; tries to make the lives of the others easier and strives to be unique and different; a multitasker, who has a trustful team and, consequently, has well-deserved reward.
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Total votes: 8
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I heard this information for the first time durind our lecture at Eurosci network and then this fact dont confuse me. Now after watching those video, I don`t change my mind. Naguib Sawiris is a great person, he loves his work and doing his best. It doesn`t matter who by nationality is owner of Euronews, matter only if this source of news is critical, versatile, objective.
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Total votes: 8
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I cannot see a reasonable case to be made against the current state of ownership that pertains to Euronews, either from any of the three videos or from any strategic mediatic point of view. Firstly, however, we must decide if Euro news can be or should be classified as a "propaganda" outlet in the first place. To be brief and to take into consideration the most important indicator when analysing an issue such as the one I previously mentioned, we can look strictly at coverage method, as we are speaking about a media entity. Given, that Euronews rarely if ever, accurately or at all presents both sides of an issue, we can say that they have a biased coverage method and we could classify it as propaganda. Now, to address the question at hand, should propaganda outlets be owned by people that do not belong to the ethno-cultural space in which they wish or do conduct their business? The answer is pretty self-obvious and it applies to the Euronews instance in the same manner. As long as the main standards of business conduct and the core values or the primary agenda of the entity in question is not altered by the input of the owner, there is no problem to be had. Financing is vital in any sort of media spread, regardless of its nature or content, up to a point where it's more important than the source of the money itself, to quote a banale, yet ilustrative cliche "money has no color and no smell".
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Total votes: 8
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In my opinion, it is not a problem that 53% of Euronews is owned by an Egyptian billionaire. Naguib Sawiris is really independent and honest men that believes in truth in Mass media and tries to provide Europeans of fresh and topical news. It's important to notice that EU doesn't loose its tool of Strategic Communication. It owns of 47% of Euronews and that's enough to lead propaganda in the way they want. So, my conclusion is Egyptian billionaire is not a problem for Euronews' independence. Besides, his financial investments are the huge support of EUs' mass media market.
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Total votes: 11
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Nowadays, Egyptian billionaire owns 53% of Euronews. Is it a real problem? No, it is not because Euronews is an independent TV station that offers unbiased information irrespective of who owns it. Seemingly, for the first time it is really hard to believe that someone from non-european environment can successfuly deal and run over european news-making process. It brings to my mind that such people can make great inaccuracies about the way of presenting news and use their regional and ethnical point of view to stand for own interests. But after i have seen the whole background of his live and read some articles i have made the conclusion that it is essential to have both points of view among our news' vast. When we eliminate presence of diverse nations and refuce hearing to their vision we eliminate truthful and many-sided information to be brought to our view. Moreover, European community can easily lean on Naguib Sawiri's person as he said that his main task is to provide neutral process of news-making. His real interest in European region is based on spreading his business and motivation of profit but not making propaganda.
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Total votes: 8
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Total votes: 1
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