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MBC Group
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MBC Group (Arabic: مجموعة إم بي سي, romanized: Majmūʿat ʾIm Bī Sī), formerly known as Middle East Broadcasting Center (مركز تلفزيون الشرق الأوسط, Markaz Tilifizyūn al-Sharq al-ʾAwsaṭ), is a Saudi media conglomerate based in the Riyadh region. Launched in London in 1991,[3] the company moved its headquarters to Dubai in 2002 and to Riyadh in 2022.[4] It is majority owned by the Saudi government-operated Public Investment Fund.[5][6][1]
Key Information
MBC Group operates over 19 free-to-air satellite TV channels, and a video-on-demand service (Shahid). MBC 1 was the first broadcaster to provide a satellite-based, free-to-air 24-hour television broadcasting network across the Arab world. The Group's current chairman is Sam Barnett.[7] Barnett returned as MBC Group CEO in December 2020 after a one-year departure.[8] MBC's television arm broadcasts via Eutelsat, Arabsat and Nilesat satellites. MBC has more than 2,000 staff.
In recent years MBC has been hit with major rounds of financial cuts, leading to 150 layoffs and major production cuts. These cuts were driven in part due to advertising not covering production costs and the failure to acquire exclusive rights to the Saudi league.[9] As of 2011 MBC reported 165 million viewers.[10]
In 2023, 60% of MBC group was owned by Istedamah Holding Company (a subsidiary of the Saudi government's Ministry of Finance[5]), with the rest belonging to its founder Waleed bin Ibrahim Al Ibrahim.[5][11] In 2023, MBC Group announced its initial public offering (IPO). The offering consisted of a primary offering of 33,250,000 new ordinary shares, representing 10% of the company's share capital post-listing. This move marked a significant step in the company's financial strategy and opened up new avenues for investment and growth.[12] By October 2024, the stake owned by Istedamah had dropped to 54%,[6] and this stake was transferred to the Public Investment Fund in November 2024.[1]
TV channels and services
[edit]All MBC channels are free-to-air except for the HD channels and MBC Plus Variety and MBC Plus eLife. They are available on OSN, STC TV and my-HD satellite service. They are all Pay-TV service providers in the Middle East.
Al Arabiya
[edit]Al Arabiya is an international news channel launched in 2003, which broadcasts across the MENA region.
MBC 1
[edit]Launched in 1991 as the first independent free-to-air Pan-Arab channel, MBC 1 is the leading channel in MENA region for family entertainment.
MBC 2
[edit]The first free-to-air movie channel in the Arab world, MBC 2 offers a 24-hour non-stop stream of Hollywood movies, from blockbusters to classics and international films. Films are censored for violence and sensual/sexual scenes to comply with Islamic laws and mores.
MBC 3
[edit]MBC 3 is a children's entertainment channel which delivers a programming mix of children's education and entertainment for Arab kids aged between three and thirteen. MBC3 also airs a locally produced reality show for kids, Eish Safari, which recruits young Arab kids and sets them on a month-long trip of mental and physical challenges. Recently, the channel produced a new game show called "Graduate in a Day", similar in concept to "Who Wants To Be A Millionaire" for children and their parents.
MBC 4
[edit]MBC 4 is aimed primarily at Middle Eastern women and offers a broad mixture of K-Dramas, US and UK shows, comedy and drama series, films, as well as gameshows, movies, magazines, plus news and current affairs programming, in addition to Korean, K-Dramas, Indian, Turkish, Pakistani and Mexican dramas dubbed into Arabic. MBC4 airs English music and is the first international CHR station. MBC4 delivers contemporary Western tunes.
MBC 5
[edit]A channel dedicated to family entertainment which was launched on 21 September 2019. Targeting Moroccan and Egyptian viewers specifically.[13]
MBC Action
[edit]A channel that targets young Arab males. It delivers Western series, movies, action reality shows as well as Japanese anime and sports programs. Some of its prime time shows include The Mentalist, The Vampire Diaries, Fringe, Supernatural, Power Rangers, V, WWE and True Blood. The channel recently which is a weekly "magazine" format show about cars, similar to Top Gear, which they also broadcast the British and American versions of the BBC's Top Gear.
MBC Drama
[edit]One of the latest additions to the Group, which was officially launched on 27 November 2010. It is a family channel, with 24/7 Arabic drama series. The launch coincides with the Group's 20th anniversary, and marks their 10th channel launch. The channel runs a variety of different dramas: Egyptian, Syrian, Bedouin, Gulf and Kuwaiti dramas that are first runs and exclusive runs. MBC Drama is distinguished by the two additional repeats throughout the day, offering its viewers the choice of time, based on their various lifestyles and viewership trends. Do not confuse this channel with MBC's subscription-based channel MBC+ Drama.
MBC Masr Drama
[edit]An Egyptian drama channel launched of 20 February 2025.
MBC Max
[edit]The MBC Group's second 24-hour movie channel which caters to a younger audience. The channel airs Western, comedy, action, romance and drama movies as well as classic and offers a broad mixture of K-Dramas, US and UK shows, comedy and drama series, films, as well as gameshows, movies, magazines, plus news and current affairs programming, in addition to Korean, K-Dramas, Indian, Turkish, Pakistani and Mexican dramas dubbed into Arabic. MBC Max airs English music and is the first international CHR station. MBC Max delivers contemporary Western tunes.
MBC Bollywood
[edit]MBC launched MBC Bollywood on 26 October 2013.[14] MBC Bollywood is MBC Group's 14th channel,[15] and it is aimed to air 24 hours of Hindi cinema, either subtitled in Arabic, targeting South Asian audiences, and Arab Bollywood enthusiasts.
MBC Persia
[edit]This channel was launched on 9 July 2008 and provides Persian language contents. The channel is dedicated to Iranian viewers and screens films and programs around the world.
MBC Masr
[edit]MBC launched MBC Masr on 9 November 2012, and it is a division of MBC studios situated in Egypt and targeting Egyptian viewers.
MBC Masr 2
[edit]Formerly the two hours time-shifted service, but now it's a second channel for Egypt and has a different content than MBC Masr.
MBC Iraq
[edit]Launched in February 2019, MBC Iraq is a premium channel aimed at the entire Iraqi viewers. Programmes focus on localised, Iraqi productions in drama, comedy and socio-cultural premium entertainment shows.
MBC FM and Panorama FM
[edit]
These radio stations are the MBC Group's Arabic radio stations in Saudi that broadcast music, talk shows, competitions and local coverage of events and news. MBC FM plays local and Gulf music while Panorama FM delivers Arabic tunes.
Wanasah
[edit]A 24-hour music channel that targets the Arab youth, mainly in Eastern Arabia. The channel offers music videos, concerts, music & lifestyle programs as well as series.
MBC.net
[edit]One of the Arabic entertainment web portals in the region with a mix of sports, entertainment, movies and music content, along with its user interactivity and social networking features.
Shahid
[edit]The first free "video on demand" service in the Arab region, with the biggest streaming library of Arabic content.[16] Shahid is the largest premium VOD service in the world outside of China, the US, and India.[17] Shahid offers a catalogue of MBC's own shows, as well as dubbed or subtitled foreign content. In January 2020, it was announced Shahid partnered with Disney and Fox to bring more than 3,000 hours of content, including Star Wars, Marvel, and such Disney classics as Frozen. The Service also announced 9 Arabic originals.
MBC Hope
[edit]MBC Hope was launched in June 2013 to handle the consumer social relationship elements of MBC. This initiative launched campaigns such as "Syrians without an address" and "Stars on board". In 2017 MBC Hope was expanded to Egypt, with a goal to support female entrepreneurs.[9]
MBC+ Variety
[edit]It is a 24-hour entertainment channel that airs Western variety content. MBC+ Variety airs English music and is the first international CHR station. The channel is now exclusively on Arabsat, My-HD platform. MBC+ Variety delivers contemporary Western tunes.
MBC Loud FM
[edit]Launched in May 2023, MBC Loud FM airs English music and is the first international CHR station in the KSA. MBC Loud FM delivers contemporary Western tunes.[18]
MBC Studios
[edit]In 2018, MBC established its own production studio to produce film and television series targeting at Middle-Eastern audiences.[19] MBC Studios later expanded to work with Hollywood studios to produce English-language features.[20]
All Channels
[edit]- Al Ahly TV
- Al Nas
- Al-Qahera News
- Al Wathaeqya
- Alhayah Drama
- Alhayah TV
- Asharq Discovery
- Asharq Documentary
- Asharq News
- BabyTV
- BBC Earth
- Bloomberg
- Cartoon Network
- Cartoon Network Arabic
- CBC
- CBC Drama
- CBC Sofra
- CBeebies
- Discovery Channel
- Disney Channel
- dmc
- Dubai One
- Dubai Sports
- Dubai TV
- Euronews
- Extra Live
- Extra News
- Fatafeat
- France 24
- Iqraa
- Nat Geo Wild
- National Geographic
- Nick Jr.
- Nickelodeon
- Nicktoons
- Noor Dubai
- ON Drama
- On E
- ON Sport
- SSC
- Spacetoon
- Star Action
- Star Films
- Star Life
- Star Movies
- Star Series
- Star World
- Travel Channel
- Zamalek TV
Criticism and controversies
[edit]In 2007, MBC began airing its first Turkish soap opera dubbed into another language. Over the next few years these programs became a major success for MBC, with over 85 million viewing the finale of Gümüş.[21] In 2018, MBC moved to remove all Turkish programming from their channels, no official reason were given, though it was widely considered to be at the direction of the Saudi government, who had a frosty relationship with the government of Turkey at the time. The Turkish government criticised the decision.[22]
In 2017, a number of owners and board members of MBC were summoned to Riyadh where they were arrested, accused of corruption, and locked in the Ritz-Carlton. These moves came following years of the Saudi Crown Prince attempting to purchase the media company. After 83 days the company's chief owner Waleed al-Ibrahim was released.[23] A "senior MBC executive" was cited by Arabian Business stating that Waleed al-Ibrahim was found innocent of any wrongdoing.[24]
In 2019, MBC Masr came under scrutiny for its use of blackface in comedy programming. Popular Egyptian comedian Shaimaa Seif has done a number of programs on MBC using blackface and stereotypes for humor.[25]
In the days following Yahya Sinwar's death in October 2024, MBC aired a report labeling Sinwar, along with Hamas's Ismail Haniyeh, Hezbollah's Hassan Nasrallah, PMF's Abu Mahdi al-Muhandis, and Iran's Quds Force commander Qasem Soleimani, as "faces of terrorism" who had been killed in the first quarter of the 21st century.[26][27] This report sparked outrage in certain circles. In Baghdad, supporters of Iran-backed armed groups stormed the channel's local offices, filming themselves as they vandalized equipment and destroyed computers.[26] Hours later, Iraqi regulators suspended the license of the Saudi-owned channel and began proceedings to terminate its operating rights in Iraq.[26][27] Shortly afterwards Algeria also suspended MBC's license to operate in the country, reportedly for "portrayal of the wars in a way that weakens the morale of Palestinian and Lebanese people".[6]
Use of technology
[edit]In 2010, MBC Max provided the ability to watch English movies along with watching English movies (English voices) with or without Arabic subtitles.
In July 2011, MBC launched 7 of its channels in HD which includes MBC 1, MBC 2, MBC 3, MBC 4, MBC Action, MBC Max, and MBC Drama. These HD versions of these channels are encrypted using Conax while SD are FTA.
In 2017, Snapchat expanded its "Discover" feature to provide content from regional providers including MBC.[28]
References
[edit]- ^ a b c "Saudi Arabia's PIF to acquire 54% stake in MBC Group". arabnews.com. Arab News. 3 November 2024. Retrieved 4 November 2024.
- ^ "MBC Group Prospectus" (PDF). cma.gov.sa. Capital Market Authority. 14 December 2023. Retrieved 17 April 2024.
- ^ Westcott, Kathryn (8 May 1998). "Campaign Report on Worldwide Advertising (IAA Special): The battle for the Arab satellite market". www.campaignlive.co.uk. Retrieved 9 November 2024.
- ^ Vivarelli, Nick (20 September 2022). "MBC Group Opens New Headquarters in Riyadh That Will Boost Saudi Film and TV Industries". Variety. Retrieved 20 September 2022.
- ^ a b c Magid, Pesha (21 November 2023). "Media group MBC expects IPO in coming months, says CEO". Reuters.
The company [MBC Group] is split between state-owned Al Istedamah Holding with a 60% stake and the MBC founder and chairman Waleed bin Ibrahim Al Ibrahim, who owns the other 40%. A senior government official previously confirmed that the Ministry of Finance owns Istedamah.
- ^ a b c Carroll, Rosaleen (21 October 2024). "What's behind Algeria's suspension of Saudi-owned Al Arabiya?". www.al-monitor.com. Retrieved 22 October 2024.
MBC, formerly known as the Middle East Broadcasting Center, is one of the largest broadcasting groups in the region. The media group, in which the Saudi government maintains a 54% stake, is based in Riyadh
- ^ "Chairman message - mbc.net - English". www.mbc.net. Archived from the original on 27 January 2020. Retrieved 25 April 2021.
- ^ "Sam Barnett returns to MBC as group CEO".
- ^ a b "MBC Group (Middle East Broadcasting Center)". egypt.mom-rsf.org. Retrieved 15 March 2020.
- ^ "Middle East Broadcasting Center (MBC): A Case of the Content Management Blues". The Tilt. 16 September 2011. Retrieved 15 March 2020.
- ^ Vivarelli, Nick (4 November 2022). "Top Middle East Broadcaster MBC Group Eyeing Flotation on Saudi Stock Market: Report". Variety. Retrieved 4 November 2023.
- ^ "MBC Shares Offering" (PDF). mbc.net. 21 November 2023. Retrieved 23 November 2023.
- ^ "الرئيسية". Archived from the original on 1 October 2019.
- ^ "MBC launches Bollywood channel". arabnews.com. Arab News. 28 October 2013. Retrieved 13 November 2013.
- ^ "MBC promises 'fresh approach' to Bollywood with new channel". Al Arabiya. 26 October 2013. Retrieved 13 November 2013.
- ^ "All-new Shahid: MBC partners with Disney and Fox for fresh version of streaming platform". 16 January 2020.
- ^ "Shahid reports 23% surge in viewer numbers year on year".
- ^ "LOUD FM: MBC group launches English-language radio station in Saudi Arabia". Al Arabiya English. 13 May 2023. Retrieved 4 June 2023.
- ^ Ritman, Alex (18 September 2018). "Peter Smith to Lead New Saudi Production Banner MBC Studios". The Hollywood Reporter. Valence Media.
- ^ Ritman, Alex (24 November 2021). "MBC Studios' Saudi Arabia Boss on "New Era" as A-List Features 'Desert Warrior,' 'Kandahar' Make History in the Kingdom". The Hollywood Reporter. PMRC.
- ^ Buccianti, Alexandra. "Dubbed Turkish soap operas conquering the Arab world: social liberation or cultural alienation?" (PDF). S2CID 11944838. Archived from the original (PDF) on 20 February 2020.
- ^ "MBC stops all Turkish TV drama". Al Jazeera. Retrieved 22 October 2024.
- ^ Hubbard, Ben (26 January 2018). "Saudi Arabia Frees Media Mogul, but His Company's Fate Remains a Mystery". The New York Times. ISSN 0362-4331. Retrieved 15 March 2020.
- ^ "Saudi Arabia to seize controlling stake in broadcaster MBC".
- ^ Walsh, Declan (18 August 2019). "Blackface, Staple of Arab Comedy, Faces Surge of Criticism". The New York Times. ISSN 0362-4331. Retrieved 15 March 2020.
- ^ a b c J. Rubin, Alissa (19 October 2024). "Iraq Suspends License of Saudi-Owned Television Channel, MBC Media Group". The New York Times.
- ^ a b Abdul-Zahra, Qassim (19 October 2024). "Iraq moves to revoke Saudi broadcaster's license after report angered militia supporters". Associated Press. Retrieved 20 October 2024.
- ^ Radcliffe, Damian; Lam, Amanda (2018). "Social Media in the Middle East: The Story of 2017; Key developments, stories and research findings". University of Oregon: 23. doi:10.7264/N31J9849.
External links
[edit]- Official website (in Arabic)
MBC Group
View on GrokipediaHistory
Founding and Launch (1991–2002)
The Middle East Broadcasting Centre (MBC), later rebranded as MBC Group, was founded on September 18, 1991, in London by Saudi businessman Sheikh Waleed bin Ibrahim Al Ibrahim, who served as its chairman.[4][12] Al Ibrahim, then in his twenties, partnered with Saudi entrepreneur Saleh Kamel to establish the venture as the Arab world's first private, free-to-air satellite television network, independent of government control and broadcasting in Arabic to a pan-Arab audience via satellite from European facilities.[13][14] The initiative aimed to fill a gap in regional media by offering entertainment, news, and cultural programming free from the state monopolies prevalent in Arab countries at the time, leveraging emerging satellite technology to reach an estimated audience of over 100 million viewers across the Middle East and North Africa.[1] MBC1, the flagship channel, commenced satellite transmissions in September 1991, marking the network's launch with a mix of dubbed international series, films, and original Arabic content focused on family-oriented entertainment, avoiding politically sensitive topics to navigate regulatory challenges from Arab governments.[12][15] Initial operations were based in London to benefit from liberal broadcasting laws and technical infrastructure, with content produced by a small team that grew rapidly as viewership surged due to the novelty of accessible, ad-supported private TV in the region.[1] By the mid-1990s, MBC had established itself as a leading pan-Arab broadcaster, airing popular programs like Egyptian dramas and Hollywood imports, while maintaining operational headquarters in the UK to evade direct censorship, though it faced occasional signal jamming and diplomatic pressures from host countries.[14] Through the late 1990s and into 2002, MBC expanded its production capabilities and audience share without launching additional channels, focusing instead on refining MBC1's schedule to include live events, variety shows, and news bulletins that emphasized apolitical reporting.[1] The network's revenue model relied heavily on advertising from Gulf-based sponsors, achieving financial stability by 2000 amid growing satellite penetration in Arab households, which boosted its reach to nearly every major city in the region.[14] This period solidified MBC's reputation as a commercial success, with Al Ibrahim retaining full ownership and control, setting the stage for further growth before the headquarters relocation to Dubai in 2002.[16]Expansion into Multiple Channels and Relocation to Dubai (2002–2011)
In 2002, the Middle East Broadcasting Centre relocated its headquarters from London to Dubai Media City in the United Arab Emirates, a strategic decision to enhance operational efficiency and proximity to its primary Arab audience across the Middle East and North Africa. The relocation was announced in March 2001, with operations targeting a full transition by January 1, 2002, and the incorporation of MBC FZ-LLC on January 28, 2002, to oversee television and radio broadcasting activities.[17][7] This shift to Dubai, a burgeoning media hub, facilitated expanded infrastructure, including new studios, and supported the group's diversification amid growing satellite viewership in the region.[18] The move also aligned with post-9/11 geopolitical dynamics, allowing MBC to distance from Western regulatory scrutiny while maintaining its pan-Arab focus.[19] The relocation catalyzed rapid expansion into multiple television channels, transforming MBC from a single-channel broadcaster into a multi-platform network. In late 2004, MBC 3 launched on December 8 as a free-to-air children's channel targeting viewers under 15 with animated series and educational content dubbed in Arabic.[7] This was followed by MBC 4 on February 1, 2005, aimed at young urban families with Western lifestyle programming, series, and reality shows adapted for Arab tastes. By 2007, MBC Action debuted, focusing on action films, adventure series, and sports targeted at male youth demographics, while MBC Max introduced premium Hollywood movies for broader family appeal. MBC Persia also launched that year to serve Persian-speaking audiences with localized content. These additions grew the portfolio to eight television channels by the late 2000s, emphasizing niche segmentation to capture diverse viewer segments and compete with emerging rivals.[7] Radio operations expanded concurrently, with Panorama FM launching in 2004 as a pan-Arab music and talk station featuring modern Gulf (Khaleeji) content, followed by MBC FM around 2005-2007 for general entertainment and music broadcasting. Production capabilities strengthened with the establishment of MBC Studios in 2005 for original Arabic series and films, and the 2009 debut of Shahid, an ad-supported on-demand streaming platform marking early digital diversification. By July 2011, seven channels—including MBC 1, MBC 2, MBC 3, MBC 4, MBC Action, MBC Drama, and MBC Max—began HD broadcasts across the MENA region, enhancing technical quality and viewer retention amid rising competition from pay-TV and internet services. This period's growth, driven by Dubai's media ecosystem, positioned MBC as a dominant free-to-air entity, though it relied heavily on dubbed foreign content and faced challenges from piracy and advertising market fluctuations.[7][20]Ownership Transition and Saudi Government Involvement (2012–Present)
In 2017, amid Saudi Arabia's broad anti-corruption initiative, MBC Group's founder and principal owner, Waleed bin Ibrahim Al Ibrahim, was detained for 83 days at the Ritz-Carlton Hotel in Riyadh alongside other prominent figures. He was released in January 2018 after reaching an unspecified financial settlement with authorities.[21] This event preceded a significant shift in ownership, with Saudi officials announcing plans in February 2018 to transfer 60% of MBC Group's shares to state control, leaving Al Ibrahim with the remaining 40%.[22] [23] The majority stake was channeled through Istedamah Holding Company, a vehicle linked to Saudi governmental entities, marking the onset of direct state involvement in the previously private company founded by Al Ibrahim in 1991. By December 31, 2018, Saudi Arabia's Public Investment Fund (PIF) had secured a 41% stake, reflecting early sovereign wealth fund participation.[7] Further consolidation occurred by December 31, 2022, when Istedamah—a PIF subsidiary—increased its holding to 46%, aligning MBC's operations more closely with national priorities under Vision 2030, including media expansion and content localization.[7] Ahead of its initial public offering (IPO), MBC Group underwent a major restructuring in April 2023, incorporating as a Saudi closed joint stock company with Istedamah at 60% (179.55 million shares) and Al Ibrahim at 40% (119.7 million shares). The December 2023 IPO diluted these holdings to Istedamah at 54%, Al Ibrahim at 36%, and public investors at 10% (33.25 million shares), raising capital through 33.25 million new shares issued at SAR 26.75 each.[7] In November 2024, PIF announced its intent to acquire Istedamah's 54% stake for SAR 7.469 billion ($1.992 billion), a transaction completed on September 18, 2025, via the purchase of 179.55 million shares at SAR 41.62 per share.[24] [25] This move entrenched PIF's majority ownership, positioning MBC as a key asset in Saudi Arabia's strategy to dominate regional media and entertainment sectors.[24]Ownership and Corporate Structure
Evolution of Ownership from Private to Public Investment Fund Control
MBC Group was initially established as a privately held entity by Saudi businessman Waleed bin Ibrahim Al Ibrahim in 1991, with full ownership under his control through personal holdings and associated entities.[22][26] This structure persisted until 2017, when Al Ibrahim was detained during Saudi Arabia's broad anti-corruption campaign led by Crown Prince Mohammed bin Salman, which targeted numerous business figures including media executives.[21][27] In early 2018, amid these events and reports of Al Ibrahim resisting a prior purchase offer, the Saudi government transferred a controlling 60% stake to Istedamah Holding Company, a subsidiary of the Ministry of Finance, effectively shifting majority ownership to state control while leaving Al Ibrahim with 40%.[22][23] The 2023 initial public offering (IPO) marked a partial public dilution, with MBC Group listing 10% of its shares on the Saudi Exchange (Tadawul) in December 2023 at 44 Saudi riyals per share, achieving a market capitalization of approximately 8.3 billion riyals.[28] This adjusted pre-IPO holdings to roughly 54% for Istedamah and 36% for Al Ibrahim, introducing minority public ownership while maintaining state dominance through Istedamah.[16][29] In November 2024, Istedamah signed a binding agreement to sell its 54% stake to the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, for 7.469 billion Saudi riyals (approximately $1.992 billion).[25][24] The transaction completed on September 18, 2025, transferring majority control directly to PIF without injecting new capital into MBC Group, aligning with PIF's strategy to consolidate influence in Saudi media sectors.[24][26] Al Ibrahim retained his minority stake and continued as chairman, preserving some private involvement amid the shift to public fund oversight.[16][26]Key Executives and Governance
The Board of Directors of MBC Group is chaired by Waleed Ibrahim Al Ibrahim, the company's founder and a non-executive non-independent chairman who holds a significant ownership stake.[3][30] Other key board members include Vice Chairman H.E. Hindi Abdullah Al-Sohimi (non-executive and non-independent), H.E. Khalid Abdullah Almulhim (serving on the Audit Committee since September 2023), Majid Ibrahim Al Ibrahim, Abdulrahman Ibrahim Al-Rowaita, and Abdullah bin Nasser Al Dawood.[31][32] The board oversees strategic, financial, and operational plans, with a focus on sustainable growth and alignment with Saudi Arabia's Vision 2030 objectives in the media sector.[33] Executive leadership is headed by Chief Executive Officer Mike Sneesby, appointed on May 1, 2025, following the tenure of Sam Barnett; Sneesby previously served as Managing Director and CEO of Nine Entertainment in Australia.[34] The Chief Operating Officer is Joseph Michael Igoe, in the role since October 2018, and the Chief Financial Officer is Hussam Alnouri, appointed in February 2019.[31][1] Additional senior roles include Director of Investments Karim Bin Salah and Chief Content Officer Dominic James Farrell.[3] Governance at MBC Group, as a publicly listed entity on the Saudi Tadawul exchange since its December 2023 IPO, complies with regulations from the Capital Market Authority, emphasizing transparency, risk management, and protection of shareholder interests.[35] The board's structure includes committees such as the Audit Committee, which reviews financial reporting and internal controls, reflecting a framework influenced by the majority ownership of Saudi Arabia's Public Investment Fund (approximately 54% stake as of 2024).[31] This state-linked control integrates national priorities into decision-making, including content strategies and headquarters relocation to Riyadh in 2022.[33]Financial Milestones, Including 2023 IPO
MBC Group faced financial challenges in 2020 amid the COVID-19 pandemic, which reduced advertising revenues across the media sector, resulting in a net loss of SAR 95.8 million on total revenue of SAR 2.32 billion.[7] The company rebounded in 2021, achieving a net profit of SAR 747.6 million on revenue of SAR 2.85 billion, supported by SAR 375 million in compensation payments and unrealized gains from investments.[7] Revenue continued to expand in 2022 to SAR 3.49 billion, with a net profit of SAR 47.9 million, reflecting a compound annual growth rate of 23% in revenues from 2020 to 2022 driven by recovery in broadcasting and growth in digital segments like Shahid.[7][36] In the first half of 2023, unaudited revenue reached SAR 1.89 billion, with net profit of SAR 51.7 million, bolstered by increased digital investments and subscriber growth on Shahid to 3.76 million during Ramadan.[7] Significant government-linked funding from Istedamah Holding Company, a subsidiary of the Saudi Ministry of Finance, provided key financial support, including SAR 913.8 million disbursed in 2022 for expansion projects, contributing to operational stability and content production.[7] These developments culminated in MBC Group's initial public offering (IPO) on the Saudi Exchange (Tadawul), approved by the Capital Market Authority on November 21, 2023.[37] The IPO offered 33.25 million new shares, comprising 10% of the post-IPO share capital of SAR 3.325 billion, priced at SAR 25 per share—the top of the initial range of SAR 23–25—raising SAR 831 million and implying a market capitalization of SAR 8.3 billion (USD 2.2 billion).[38][39][28] Investor demand was robust, with orders totaling SAR 54.3 billion (USD 14.5 billion), exceeding the offer size by over 65 times.[40] Shares commenced trading on January 8, 2024, opening at SAR 32.5, a 30% increase over the IPO price, reflecting strong market reception for the company's diversified media portfolio and regional dominance.[41][42]| Year | Revenue (SAR million) | Net Profit/(Loss) (SAR million) |
|---|---|---|
| 2020 | 2,318 | (96) |
| 2021 | 2,845 | 748 |
| 2022 | 3,489 | 48 |
Media Operations
Television Broadcasting Portfolio
MBC Group's television broadcasting portfolio encompasses over 13 free-to-air satellite channels, primarily focused on entertainment content tailored to Arabic-speaking audiences across the Middle East, North Africa, and global diaspora communities, with programming broadcast via partnerships such as Eutelsat's 7/8° West position for regional distribution.[1][45] These channels emphasize family-oriented series, films, dramas, and youth programming, reaching an estimated 270 million Arabic speakers through satellite and integrated streaming on platforms like Shahid.[5] The flagship channel, MBC 1, established on September 18, 1991, as the first independent private Arabic satellite broadcaster from London, delivers general family entertainment including Arabic and dubbed international series, movies, and live events, maintaining its position as a pan-Arab staple post-relocation to Dubai in 2002.[1][46] Complementary general entertainment outlets include MBC Masr for Egyptian-focused content, MBC Iraq for Iraqi-targeted programming, and MBC 5, launched September 21, 2019, for North African (Maghreb) audiences with localized series and films.[47][48] Movie-centric channels form a core segment, with MBC 2, introduced in 2003, and MBC Max offering 24-hour rotations of Western films in dubbed Arabic, while MBC Action specializes in action thrillers and series.[49] Drama programming is anchored by MBC Drama, featuring continuous Arabic soap operas and historical series, and MBC 4, which airs international scripted content adapted for regional tastes.[50] Children's content is handled via MBC 3, providing animated series, educational shows, and family animations.[1] Niche channels extend the portfolio to MBC Bollywood for subtitled Indian films and series, and MBC Persia for Persian-language entertainment, broadening appeal to specific cultural subgroups.[51] This diversified lineup supports MBC Group's dominance in free-to-air viewership, with channels unencrypted for accessibility across satellite receivers in the region.[1]Radio and Audio Services
MBC Group's radio services encompass three FM stations tailored to diverse audiences in the Middle East and North Africa: MBC FM, Panorama FM, and MBC LOUD FM. These stations deliver music, talk shows, and entertainment, complementing the group's television operations.[1] MBC FM, launched in 1994, operates as Saudi Arabia's pioneering private radio station, emphasizing Khaleeji (Gulf) music, poetry recitations, and interactive entertainment segments. It marked its 30th anniversary in 2024 with special events highlighting its enduring role in regional audio broadcasting.[52][53] Panorama FM focuses on contemporary Pan-Arab and Khaleeji music, appealing to modern Arab youth through a blend of hit tracks and talk programming that addresses lifestyle and cultural topics.[53] MBC LOUD FM, introduced on May 15, 2023, represents Saudi Arabia's inaugural English-language commercial radio station, targeting expatriates and international listeners under 35 with contemporary hit music and dynamic shows like The Byron Cooke Show, which includes celebrity interviews.[54][55][56] Complementing these broadcasts, MBC offers digital audio extensions via the MBC MOOD mobile application, enabling streaming of the stations alongside curated Arabic podcasts for on-demand listening. MBC LOUD FM further produces podcasts, such as exclusive entertainment discussions, accessible through its dedicated platform.[53][57][56]
Production Arms, Including MBC Studios
MBC Group's production capabilities are primarily centralized under MBC Studios, its dedicated content creation subsidiary launched in September 2018 to develop original films, television series, and documentaries tailored to Middle Eastern audiences while expanding into global markets.[58] This arm leverages the region's cultural diversity, histories, and geographies to produce narratives emphasizing self-expression, creativity, and innovation, with operations spanning production houses in five countries.[59] Prior to MBC Studios' formation, MBC relied on in-house teams and external partnerships for content development, but the subsidiary marked a strategic shift toward self-sustained, high-volume production to support the group's broadcasting and streaming platforms like Shahid.[1] MBC Studios functions as the flagship production entity, focusing on premium scripted content including fantasy adventures, dramas, and thrillers, often rooted in regional themes but adapted for international appeal. Notable series include Rise of the Witches, a 10-episode fantasy adventure set in pre-Islamic Arabia exploring themes of love, revenge, and female empowerment, announced in August 2022 as Saudi Arabia's largest TV production to date.[60] Other projects encompass Black Crows, Blood Oath, Boxing Girls, Devils Promise, Fates Hotel, Final Scene, and Homecoming, alongside documentaries like Carlos Ghosn.[61] In film, MBC Studios has financed and produced English-language features such as Desert Warrior and Kandahar, filmed in Saudi Arabia starting in 2021, signaling ambitions in Hollywood-style blockbusters.[62] Recent initiatives include adapting Saudi author Osamah Almuslim's bestseller Jahim Al-Abirin (Travellers' Hell) into a feature film, announced in December 2024.[63] To bolster local talent and output, MBC Studios has pursued strategic partnerships, such as a multi-project collaboration with Saudi studio Telfaz11 announced in December 2024, aimed at co-developing stories highlighting Saudi narratives and empowering regional creators.[64] Additionally, since December 2023, it has offered end-to-end production services for international film and TV shoots in Saudi Arabia, facilitating logistics, permits, and crew amid the kingdom's growing film infrastructure.[65] These efforts align with MBC Group's broader content ecosystem, where produced material feeds into its channels and Shahid platform, contributing to the production of over 20 original titles annually by integrating in-house expertise with global co-productions.[24]Digital and Streaming Platforms
Shahid and On-Demand Services
Shahid, MBC Group's primary on-demand streaming platform, was launched in 2010 as the first video-on-demand (VOD) service in the Arab world, offering users access to a library of Arabic-language content including series, movies, and live TV channels.[66] The platform initially provided free ad-supported viewing (AVOD), with premium features expanding through partnerships such as the 2014 introduction of Shahid PLUS (later rebranded Shahid VIP), which enabled ad-free access and exclusive content for subscribers.[67] By 2020, Shahid underwent a significant rebranding and technological upgrade, enhancing its mobile and smart TV compatibility to support original Arabic productions, international licensing deals, and live sports streaming.[68] The service operates on a freemium model, with AVOD tiers delivering ad-supported episodes typically available one week after broadcast, while Shahid VIP subscriptions—priced regionally around SAR 20-30 monthly—unlock immediate full-season access, offline downloads, and HD quality for premium titles.[69] Content focuses heavily on Arabic originals from MBC Studios, such as high-rated dramas and reality shows, alongside dubbed international hits and exclusive sports rights like WWE events starting in 2022.[70] In 2022, Shahid introduced 21 free digital channels, aggregating linear-style programming without subscription barriers, marking a first in the Arab market to broaden accessibility amid rising mobile penetration in MENA. Subscriber growth has been robust, driven by MBC Group's post-IPO investments and regional content localization; Shahid's SVOD base reached 3.98 million by end-2023, up nearly 1 million from 2022, fueled by Ramadan viewership spikes and partnerships like the 2025 Netflix bundled subscription offering combined access for SAR 39 monthly.[71] By Q3 2024, this expanded to 4.8 million SVOD users, a 22.2% year-over-year increase, with revenue from streaming rising 44% from Q1 2023 to Q3 2024, reflecting strong AVOD and SVOD monetization despite quarterly fluctuations.[72][73] Projections from industry analyses suggest Shahid VIP could surpass Netflix in Arabic-speaking markets by 2029, with 5.8 million subscribers, underscoring its dominance in culturally tailored on-demand delivery over global competitors.[74]Online Portals and MBC.net
MBC.net functions as the primary web portal for MBC Group, offering a centralized hub for users to access details on its television channels, radio stations, production entities, and corporate announcements. The site features microsites for individual channels and programs, enabling visitors to explore schedules, promotional content, and entertainment previews across genres like drama, action, and Bollywood. This structure supports MBC's digital outreach, drawing millions of monthly visitors to its Arabic-language content focused on information, interaction, and enrichment in the MENA region.[75][6] Beyond channel-specific sections, MBC.net disseminates company updates, including financial metrics such as the SAR 2.9 billion revenue reported for the first nine months of 2024, alongside links to affiliated brands like MBC Studios and Platinum Records. User engagement emphasizes professional media delivery rather than extensive user-generated content, aligning with MBC's strategy to complement its broadcast operations through accessible online information. The portal, operated by MBC Media KSA LLC, underscores the group's evolution into a multi-platform entity since its foundational broadcasting launch in 1991.[6][76] MBC Group has expanded its online presence with MBCNOW, a content aggregation platform introduced in early 2025, which unifies access to linear TV feeds, Shahid's on-demand library, and bundled subscriptions including Netflix's catalog. This service targets MENA audiences seeking integrated viewing options, providing personalized recommendations and cost savings via combined packages, marking a regional first in streaming partnerships. While primarily app-oriented, MBCNOW enhances the web-based ecosystem by bridging traditional portals like MBC.net with modern aggregation models.[77][78][79]Content Strategy and Programming
Genre Breakdown and Target Audiences
MBC Group's programming portfolio emphasizes entertainment genres, with drama series comprising the dominant category at 45% of TV ratings in Saudi Arabia as of 2021, followed by films at 24%, reflecting a strategic focus on serialized narratives adapted from Arabic originals, Turkish imports, and in-house productions.[80] Approximately 85% of content is in Arabic, prioritizing localized stories that align with cultural preferences in the MENA region, while incorporating dubbed foreign formats like reality competitions and action films to broaden appeal.[7] Other genres include comedies, reality shows (e.g., The Voice and Arab Idol), sports broadcasts, and family-oriented variety programming, with in-house production accounting for 30% of output in 2022 to ensure relevance amid seasonal peaks like Ramadan, where series drive over half of semi-annual revenue.[7] Target audiences span the MENA region's 477 million population, where 69.9% are under 40, with MBC reaching approximately 95% of households and 150 million weekly viewers through free-to-air channels and Shahid streaming.[7] In Saudi Arabia, viewership demographics show an even male-female split, with 31% aged 15-24, 27% aged 25-34, and 42% aged 35+, enabling cross-generational engagement via family-focused content on MBC1, which mixes dramas, gameshows, and local formats for broad household consumption.[80] Youth segments, particularly Gen Z (37% of Shahid users aged 15-24 and 70% under 35 overall), are targeted through action and sci-fi films on MBC2, children's programming on MBC3, and short-form digital content, while diaspora communities (40 million Arabic speakers globally) access dubbed Bollywood and Western movies via specialized channels like MBC Bollywood.[7][80] Drama genres, including social thrillers and romances like Rashash and Ramadan tentpoles, primarily attract families and female viewers across GCC and North African markets, where serialized formats foster habitual viewing and advertising retention.[7] Film and action programming on channels like MBC Action and MBC Max appeals to younger males and urban youth in key markets such as Egypt (25% of Shahid subscribers) and the UAE, often featuring Hollywood adaptations to compete with global streaming.[7] Reality and variety shows target interactive, pan-Arab audiences seeking talent competitions, while sports content via MBC Pro Sports engages male demographics in Saudi Arabia, aligning with national leagues to capitalize on live event loyalty.[7] This segmentation sustains MBC's 40% TV share in Saudi Arabia and supports subscriber growth on Shahid, from 982,000 in 2020 to 3.76 million during Ramadan 2023.[7][80]Adaptations to Regional Politics and Cultural Shifts
MBC Group has historically aligned its programming with Saudi Arabia's geopolitical interests, particularly during the 2011 Arab Spring uprisings, where it provided coverage that emphasized stability and avoided amplifying calls for regime change in allied Gulf states, reflecting the Saudi government's opposition to the unrest.[81][82] Operating from Dubai at the time, MBC circumvented stricter Saudi broadcast regulations while maintaining content that supported regional monarchies against Islamist-leaning protesters.[83] In response to Saudi Arabia's Vision 2030 reforms launched in 2017, MBC adapted by relocating its headquarters from Dubai to Riyadh in alignment with national diversification goals, facilitating greater integration with domestic media policies and increased local production.[26][84] By 2025, the Public Investment Fund (PIF) acquired a 54% stake, solidifying state influence and directing resources toward Saudi-centric content, with over 90% of its 150+ project pipeline focused on domestic production to promote cultural narratives aligned with economic and social liberalization efforts.[26][85][86] Culturally, MBC shifted toward content reflecting gradual social openings under Vision 2030, including reality programs that portray Arab women in empowered roles, diverging from prior conservative norms while adhering to Saudi red lines on topics like political dissent.[87] Partnerships, such as with Telfaz11 Studios in 2024, emphasize "Saudi stories" to foster local talent and creativity, contributing to the kingdom's entertainment sector growth.[88] However, adaptations faced backlash, including 2024 accusations of cultural insensitivity in imported K-dramas and content perceived as promoting normalization with Israel, prompting regulatory scrutiny in adversarial states like Iraq, where MBC's license was suspended amid protests over anti-resistance reporting.[89][90][91] Politically, MBC has mirrored thawing Saudi diplomatic ties, as seen in 2022 deals with Turkish production houses following improved relations post-Arab Spring tensions, enabling co-productions that adapt to shifting alliances without compromising core alignments.[92] In 2024, amid the Israel-Hamas conflict, the network mitigated viewership dips by adjusting content disposition to reflect audience sentiments while upholding Saudi foreign policy stances, such as critical coverage of Iran-backed groups, which led to internal adjustments like dismissing a news director after controversial labeling of resistance figures.[9][93][94] These moves underscore MBC's strategic pivots to sustain regional dominance amid polarized geopolitics, prioritizing state-backed narratives over independent critique.[95]International Partnerships and Co-Productions
In February 2022, MBC Group entered a multi-year agreement with MGM International Television Productions to jointly develop and co-produce premium original scripted series targeted at Middle Eastern audiences.[96] These series are set for exclusive first-run broadcast on MBC's Shahid VIP streaming platform, with MGM overseeing co-production elements and international distribution rights beyond the MENA region.[96] [97] The partnership leverages MGM's global expertise in high-profile content while adapting narratives to resonate with Arab viewers, though specific titles under the deal remain undisclosed in public announcements.[98] MBC has pursued broader international collaborations through content licensing and distribution pacts rather than extensive co-productions. In July 2025, MBC Group partnered with Netflix to bundle the streaming service with Shahid and linear TV channels under the MBCNOW aggregator, offering subscribers seamless access to Netflix's global library at a 21% discount compared to separate plans.[51] [78] This arrangement enhances MBC's streaming ecosystem by integrating Western originals without direct production involvement, focusing instead on aggregated delivery in Saudi Arabia and wider MENA markets.[99] Licensing deals with Hollywood studios form a core of MBC's international strategy. A three-year renewal with Paramount Global Content Distribution, announced in September 2023, secures at least 350 hours of Nickelodeon programming annually for MBC3 and Shahid, emphasizing family-oriented animation and series.[100] [101] Earlier, in January 2020, MBC upgraded Shahid with exclusive partnerships from Disney, Fox, and Spotify, incorporating licensed films, series, and audio content to diversify its Arabic-centric offerings.[66] Such agreements prioritize acquisition of established IP over joint creation, reflecting MBC's reliance on imported Western formats to supplement in-house Arabic productions amid regional demand for hybrid content.[7] In July 2025, MBC collaborated with UK-based Acamar Films to launch the preschool brand Bing across MENA platforms, marking an entry into international children's IP expansion via broadcasting, streaming, and licensing synergies rather than original co-development.[102] These initiatives underscore MBC's selective approach to partnerships, favoring scalable distribution models that amplify reach without diluting control over core Arab narratives.Audience Reach and Market Influence
Viewership Statistics and Regional Dominance
MBC Group maintains a commanding presence in the Middle East and North Africa (MENA) region, reaching over 150 million viewers weekly across its television, streaming, and digital platforms, with coverage extending to approximately 90% of households in the area.[103][104] This audience scale underscores its role as the leading Arabic-language broadcaster, surpassing competitors through a mix of free-to-air channels and on-demand services tailored to regional preferences.[24] In key markets, MBC Group's channels capture significant audience shares, reflecting its dominance in both traditional television and emerging digital consumption. For instance, it holds a 47.7% share of viewing in Saudi Arabia, the largest market in the region, driven by popular entertainment and sports programming.[80] Comparable figures include 40% in Saudi Arabia overall, 48% in Egypt, 27% in Iraq, and 19% in Morocco, based on 2022 data that highlight sustained leadership amid shifting viewing habits.[105]| Country | Audience Market Share (%) |
|---|---|
| Saudi Arabia | 40–47.7 |
| Egypt | 48 |
| Iraq | 27 |
| Morocco | 19 |