Hong Kong – News Corp announced that it would restructure its Asian broadcast businesses into three units and reduce headcount at its regional headquarters in Hong Kong over the next year. In addition, Paul Aiello, CEO of Star, will step down at the end of the year, the company said. The business will be hived off into Star India, Star Greater China and a third operation covering the rest of Asia known as Fox International Channels, which will combine English-language channels such as Star … [Read more...] about News Corp. restructures broadcast businesses in Asia