Abu Dhabi pumps oil riches into media projects

Google News (AP): “The city-state, best known of late for bailing out its flashier neighbor Dubai, is bringing together some of the industry’s biggest names for a summit that will temporarily shift much of the world’s media and entertainment elite to a luxury hotel on the Persian Gulf. Headliners at the event starting Tuesday include News Corp.’s Rupert Murdoch and Google Inc. chief Eric Schmidt . . . Increasingly, though, the United Arab Emirates capital has been using its immense petroleum wealth to extend its media reach overseas, even as it shows little sign of easing restrictions on journalists or Internet users at home.”