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July 06, 2005
On US Gov and Media Reform, an email
I reproduce here an email from a friend of mine in private equity and media in the Middle East, located out there. And an Arab too, not some whinging expat (ahem).
It is lightly edited to scrub certain references and the like, but I share it for its interest. I note that some US Gov types wanted to meet with media actors, including from the business side. I made the introduction. Here is my amigo's note afterward.
[The Girl with the Laugh] from [The US G Entity] came over this morning to the offices. I hope they do better with media than what they did with technology projects here. I was strongly against pouring money into NGOs and studies. I told her, if you want to make media work, facilitate a healthy environment that enables media start-ups to get healthy institutional investors on pure business considerations.
[some other irrelevant stuff]
Hope you ppt went well, and I look forward to the Bourse material/introductions
Well there it is, one Arab media investor's view of US G thinking on what I suppose is probably going to be a new effort rolled out soon on pissing away money on badly conceived attempts to change the Arab media.
Posted by The Lounsbury at July 6, 2005 11:47 AM
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Jan-July 2005
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