Activities in Asia
In 1993, Murdoch acquired Star TV, a Hong Kong company founded by Richard Li for $1 billion (Souchou, 2000:28), and subsequently set up offices for it throughout Asia. The deal enables News International to broadcast from Hong Kong to India, China, Japan and over thirty other countries in Asia, becoming one of the biggest satellite TV networks in the east. However, the deal did not work out as Murdoch had planned, because the Chinese government placed restrictions on it that prevented it from reaching most of China.
Read more about this topic: Rupert Murdoch
Famous quotes containing the words activities and/or asia:
“If it is to be done well, child-rearing requires, more than most activities of life, a good deal of decentering from one’s own needs and perspectives. Such decentering is relatively easy when a society is stable and when there is an extended, supportive structure that the parent can depend upon.”
—David Elkind (20th century)
“Incarnate devil in a talking snake,
The central plains of Asia in his garden,
In shaping-time the circle stung awake,
In shapes of sin forked out the bearded apple....”
—Dylan Thomas (1914–1953)