Entire article is worth reading. At the end is a reprint of Murdoch's speech to American Jewish Committee National Human Relations Award held March 4, 2009 in New York City:

This is a horrible idea. Selling the Rotana catalog and channels to Murdoch means selling off heritage to a man who is anti-Islam and anti-Arab. From what I can tell the majority of movies that I watch on the Rotana channels are produced in Egypt, the movie making capital of the Arab world. Do Arabs (and Egyptians specifically) want their artistic works, these expressions of culture and religion, in the hands of a man who despises them?