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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%3:59 PM EST

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To: StanX Long who wrote (54865)10/31/2001 3:37:44 AM
From: StanX Long  Read Replies (1) of 70976
 
Murdoch: Asia not ready for new media
October 31, 2001 Posted: 1:21 AM EST (0621 GMT)

Satellite dishes may be a relatively common sight in some parts of Asia, but the media market is far from mature.

By Alex Frew McMillan CNN Hong Kong

HONG KONG, China (CNN) -- Asia is not ready for innovations that would blend television, interactive content and the Internet, Star Group CEO James Murdoch said Wednesday.

Even the basic television and cable markets leave a lot to be desired, Murdoch said, and need private-sector and government reform before they'll work.

"In most Asian markets, before we get to all the new products, there's really a lot of nuts and bolts work within the industry and governments that needs to be done first," Murdoch said.

cnn.com
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