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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (960)10/8/2003 7:30:15 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
Chinese hail Murdoch for free market media talk
By James Kynge in Beijing
Published: October 8 2003 21:19 | Last Updated: October 8 2003 21:19


Rupert Murdoch, the media baron once disdained by Beijing, was applauded on Wednesday by a hall full of senior Communist party cadres after a lecture during which he extolled the virtues of a free market media and said China had the potential to become a global media hub.


Such signs of Mr Murdoch's return to favour were underscored by approvals recently granted to News Corp, the company he runs, to distribute its Mandarin-language entertainment channel to an additional 1m homes in the southern province of Guangdong.

Jamie Davis, head of Star TV, a News Corp subsidiary in China, told the Financial Times that the new approvals, which are due to take effect from October 28, are to distribute Xingkong Weishi, a Mandarin entertainment channel, through Guangzhou City Cable and Shenzhen City Cable.

news.ft.com