Biden has arrived at the US Capitol for his inauguration
Joe Biden and Kamala Harris will be sworn in today on the steps of the Capitol as President and Vice President of the United States. Follow here for the latest.
, the former president of The Walt Disney Company Asia Pacific and chairman, Star & Disney India.Murdoch and Shankar worked together to grow Star into a dominant force in the Indian TV market before it was inhaled by Disney as part of the Mouse House’s $71.3 billion takeover of 21st Century Fox in 2019. Shankar
announced his decision to leave Disneylast month having built Star to the point where it reaches more than 600 million viewers a month.Their new, yet-to-be-named venture will be backed by Murdoch’s Lupa Systems. A press release unveiling the company was coy on specifics, but Murdoch said it will look to tap into an explosion in connectivity in India, where mobile data is cheap, and across South Asia to identify “new opportunities for innovation.”
In an interview with the Financial Times, Murdoch added that M&A will be part of the play, but it will have an operational focus and is not a venture capital initiative. “We are doing something that has a broad scope… in the context of just extraordinary mobile connectivity. It’s a great moment to start something with a blank sheet of paper,” he added. headtopics.comRead more: Deadline Hollywood »
Uh oh.... another Fox News?