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News Corp to invest $100m in India TV

August 5, 2008

News Corp plans to invest $100 million to launch six regional television channels in India, Chairman Rupert Murdoch has confirmed, underscoring his commitment to one s Corp plans to invest $100 million to launch six regional television channels in India, Chairman Rupert Murdoch has confirmed, underscoring his commitment to one of the world’s fastest-growing media markets.

“I’m guessing the investments will be in the region of $100 million, and we will launch the channels within 12 months,” Murdoch told reporters. “All these channels will be under the STAR brand.”

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