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RapidTvNews reports that Cairo-based Nilesat predicts the Middle East will have 1200 satellite channels by 2015, from today’s near-900 channels. “There has been criticism that the Middle East’s advertising spend cannot support more than a dozen or two successful channels in free-to-air but I would argue that if a channel isn’t making a profit, then what is it doing on TV?", said says Nilesat CEO Salah Hamza.