UAE’s IMI Acquires Full Control of Sky News Arabia Ending Sky Group JV

The UAE-based International Media Investments (IMI) has acquired full ownership of Abu Dhabi-headquartered broadcaster Sky News Arabia, ending its long-standing multi-platform joint venture with the UK-based Sky Group. The move transitions the 24-hour news channel into a 100% Emirati-owned entity, concluding a partnership that began in 2012. Shift to Local Ownership The acquisition gives IMI, a private investment company owned by Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of the UAE, complete control over the broadcaster’s editorial and operational assets. Sky News Arabia operates from its primary hub in Abu Dhabi's twofour54 media zone and maintains a network of bureaus across the Middle East, North Africa, London, and Washington, D.C. The ownership change occurs as Sky News Arabia faces increased international observation regarding its reporting on regional conflicts, specifically the ongoing civil war in Sudan. In early 2024, the Sudanese government suspended the channel’s operations within the country, alongside Saudi-owned Al Arabiya and Al Hadath, citing a lack of professional licensing and alleged bias in reportage. Regional Media Strategy…