Wednesday, October 12, 2005

Indonesia/Foreign Media Giants/Star TV


NY Times: Murdoch's Star TV Invests in Indonesian Network

"Star TV, Rupert Murdoch's Asian broadcaster, acquired a strategic stake in an Indonesian television network Thursday, securing a place in one of Asia's fastest-growing markets, the two companies said."

"Star TV, a satellite and cable operator based in Hong Kong, will buy 20 percent of the national network ANTV, giving it a firmer foothold in Indonesia, Asia's third most populous country. Star TV pay-television services are already available on cable and satellite in Indonesia."

No comments: