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Egypt’s Most Popular Satirist Bassem Youssef Fined EGP100 Million

December 24, 2014

The Cairo Regional Centre for International Commercial Arbitration (CRCICA) has ordered political satirist Bassem Youssef and his producing company to pay compensation worth of 100 million Egyptian pounds for the satellite network which cancelled his show last year. Egyptian privately-owned satellite network CBC cancelled Bassem Youssef’s show in November 2013, a few minutes before the second episode of the show’s third season was scheduled to air. The channel had accused Youssef of breaching its editorial policy. A CRCICA official told Aswat Masriya on Monday that the compensation is due to Youssef and the producing company’s, Q-Soft, violation of the contract through moving to another network. The satirical show moved to the Saudi network MBC in February, where the remainder of its third season was aired the before the show’s suspension in June. The CRCICA ruling obliges Youssef and Q-Soft to each pay 50 million Egyptian pounds worth of compensation for CBC. A judicial source told Aswat Masriya that the ruling is in order, adding that both parties can challenge it at the Cairo Court of Appeals within 90 days. The challenge would address the ruling’s procedural aspect and not the…


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