Murdoch sells its stake in Star China TV

RUPERT Murdoch's 21st Century Fox is selling its 47 per cent stake in Star China TV, which operates three Mandarin-language television stations.

Terms have not been disclosed.

The announcement on Thursday, made by Fox and China Media Capital, said the China-based holding firm would acquire the portion of the joint venture it does not already own.

Formed in 2010 and majority-owned by CMC, the joint venture operates three 24-hour channels: Xing Kong, Xing Kong International and Channel [V] Mainland China. It also operates the Fortune Star Chinese movie library.

Read more at Brisbanetimes.com.au



Fun for all ages at Tweed Valley Fun Day

Fun for all ages at Tweed Valley Fun Day

Murwillumbah fun day has something for everyone.

Woman charged after using fake $50 notes in shopping centre

Woman charged after using fake $50 notes in shopping centre

Police arrest woman using fake $50 notes.

Local Partners