{"article":{"id":9471,"heading":"Jewish shareholders play hardball over CNN's Intifada coverage","author":"emad omar","created":"2001-08-26 02:33:12","modified":"2001-08-26 03:00:01","last_modified":"Sun, 26 Aug 2001 10:00:01","article":"<p>About 10 months ago, a delegation from CNN headquarters in Atlanta,  <br>  <br> headed  <br>  <br> by chief news director and president of the news department Eason  <br>  <br> Jordan,  <br>  <br> came to Israel. The reason for the urgent visit, whose content was kept  <br>  <br> top  <br>  <br> secret, was the initiative of Jewish businessmen, who are identified  <br>  <br> mainly  <br>  <br> with right-wing circles, who started to sell their stocks in the parent  <br>  <br> company, Time-Warner, to protest CNN's policy regarding Intifada  <br>  <br> coverage.  <br>  <br> This step, which was reflected in the company's share prices, aroused  <br>  <br> concern at Time-Warner, which then was conducting negotiations for a  <br>  <br> merger  <br>  <br> with the U.S. Internet company AOL [America On-Line].  <br><br> The directors of CNN and Time-Warner were afraid that the sale of the  <br>  <br> stocks  <br>  <br> would cause a sharp decline in the company's worth. Israel was aware of  <br>  <br> the  <br>  <br> step, but the Foreign Ministry and the Prime Minister's Office did not  <br>  <br> intervene. The network directors were angry at the \"financial  <br>  <br> blackmail\"  <br>  <br> that was supposed to influence their neutral stance. Nevertheless, they  <br>  <br> promised to investigate Israel's complaints, and to find a solution, if  <br>  <br> possible.  <br><br> In Israel there is a feeling that since the meeting, the network has  <br>  <br> been  <br>  <br> trying to take the Israeli position into account. In any case,  <br>  <br> government  <br>  <br> sources emphasize, they place more importance on the broadcasts of BBC  <br>  <br> World, which has higher viewing rates in regions of importance to  <br>  <br> Israel,  <br>  <br> such as Western Europe.  <br><br> Jewish media mogul Mortimer Zuckerman is also doubtful about the  <br>  <br> influence  <br>  <br> of the network. He says that many people watch CNN and think that it  <br>  <br> represents how the media cover Israel. But he adds that this is not the  <br>  <br> case. Zuckerman says that many of the Israeli politicians with whom he  <br>  <br> spoke  <br>  <br> were amazed to discover how unimportant CNN is.  <br><br> Eason Jordan refused to respond to Ha'aretz's request for his reaction.  <br>  <br> A  <br>  <br> Foreign Ministry spokeswoman said that the CNN delegation had met with  <br>  <br> then  <br>  <br> prime minister Ehud Barak and foreign minister Shlomo Ben-Ami, and that  <br>  <br> the  <br>  <br> two sides had discussed their work relationship. <br><br> add your comments<\/p>\n","contact":"omare@globalone.com.jo>","link":"","address":"","phone":"","parent_id":0,"mime_type":"text\/plain","summary":"Jewish shareholders play hardball over CNN's Intifada coverage","numcomment":0,"fileurl":"\/uploads\/","filesize":null,"article_url":"\/news\/2001\/08\/9471.php"},"attachments":[],"comments":[]}