News regarding the importance of social media, the continuing relevance of public relations and branding peaked in the last week. It has been frustrating to be out sick with so much to blog about.
Today, Dealmaker broke the news that Saudi Arabian prince Walid bin Talal has taken a $300 million stake in the social media site Twitter. A spokesperson for his investment company said, “social media will fundamentally change the media industry landscape in the coming years.”
The juxtaposition of social media news, investing, the world’s most oppressive nation and public relations handling makes this a timely story. Social media played a critical role in the Arab Spring protests. It has consumed much of the world’s attention in recent days as disturbing videos of Egyptian soldiers attacking unarmed protesters have surfaced, resulting in global condemnation of those actions.
According to the data intelligence company Semiocast, Arabic-language messaging is the fastest-growing segment on Twitter. Saudi Arabia is also home to the world’s worst human rights abuses. As Mark Scott of Dealmaker noted, the prince’s firm announced the news, assuming control over the delivery of a story that would have leaked in any case.
The Prince does not appear to be a Twitter user. However, his wife Princess Amira el-Taweel, a social rights activist with a high visibility in the U.S., is a likely Twitter candidate.








