Star India investing $50m in OTT ‘Hotstar’
James Murdoch, speaking during an analyst call focusing on 21st Century Fox’s investments in India, said that this year’s investment by Star India into its streaming service Hotstar would be $50 million. “We’re very comfortable that we’ll hit our $500 million EBITDA target at Star TV,” said James Murdoch. “We had decided, however, from the […]