Shanghai/Hong Kong - China Media Capital (CMC) and News Corporation announced they have signed an agreement under which CMC will acquire a controlling stake in News Corporation’s Xing Kong, Xing Kong International, Channel [V] Mainland China along with its Fortune Star Chinese movie library. Both partners aim to develop the business by exploring new growth opportunities. CMC is China’s first private equity fund with a focus on investment in the media industry. It was established in … [Read more...] about China Media Capital and News Corporation enter acquisition agreement for STAR China’s TV business
News Corporation
News Corporation appoints Sarah Harden as Group Director, Partnerships and Development, Asia
London/Hong Kong - Sarah Harden has been appointed to the new position of group director, partnerships and development, Asia, News Corporation, based in Hong Kong. Harden will be responsible for existing joint ventures across Asia and for exploring business development opportunities in the region. Harden is currently senior vice president, business development, Fox Networks Group, another News Corporation company. She will move to her new role in Hong Kong in early May. Jan Koeppen, COO, Europe … [Read more...] about News Corporation appoints Sarah Harden as Group Director, Partnerships and Development, Asia
News Corporation appoints Sarah Harden as Group Director, Partnerships and Development, Asia
London/Hong Kong - Sarah Harden has been appointed to the new position of group director, partnerships and development, Asia, News Corporation, based in Hong Kong. Harden will be responsible for exisiting joint ventures across Asia and for exploring business development opportunities in the region. Harden is currently senior vice president, business development, Fox Networks Group, another News Corporation company. She will move to her new role in Hong Kong in early May. … [Read more...] about News Corporation appoints Sarah Harden as Group Director, Partnerships and Development, Asia
News Corporation acquires a stake in Rotana Group
London - News Corporation announced that it has reached an agreement to buy a 9.09 percent stake in Rotana Group, the Middle East media group. Under the terms of the agreement, News Corporation will acquire newly-issued shares in Rotana for $70 million. The company has an option to increase its stake to 18.18 per cent in the 18 months following completion. The acquisition extends News Corporation's presence in fast-growing Middle East markets in partnership with one of the region's strongest … [Read more...] about News Corporation acquires a stake in Rotana Group
News Corporation acquires a stake in Rotana Group
London - News Corporation announced that it has reached an agreement to buy a 9.09 percent stake in Rotana Group, the Middle East media group. Under the terms of the agreement, News Corporation will acquire newly-issued shares in Rotana for $70 million. The company has an option to increase its stake to 18.18 per cent in the 18 months following completion. The acquisition extends News Corporation’s presence in fast-growing Middle East markets in partnership with one of the region’s … [Read more...] about News Corporation acquires a stake in Rotana Group
News Corporation Asia staff announced
Hong Kong - News Corporation has named the 5 key executives tasked with leading the Hong Kong office. The company did not comment on the fate of the other Hong Kong based staff. In an internal memo, James Murdoch, chairman and chief executive, Europe and Asia, News Corporation announced the following: With immediate effect, Ella Betsy Wong will assume the role of general counsel Asia, News Corporation reporting to Jeffrey Palker, general counsel Europe and Asia, News Corporation. Anthony Day … [Read more...] about News Corporation Asia staff announced
