Rupert Murdoch sets aside $100m for India
The grand old daddy of media has set his eyes on fresh territory. Rupert Murdoch plans to expand News Corp’s presence in India. He has announced plans to launch six regional TV channels within the next 12months at investments totaling $100 million.
More details available in this FT news item.
[...] in case you didn’t know it already… Mr. Murdoch is pumping in $100 million into India to start six regional channels. He first ventured into the country way back in 1991 with STAR [...]
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