James Murdoch has reiterated the importance of India as a
market for News Corp.
believes pay TV operators in the country will consolidate
over time due to regulatory changes.
is a very important market for us, its one of our largest
international markets," Murdoch, the Deputy COO of News
Corp said at an investment conference in San Francisco.
is also satisfied with the progress being made in South America.
"Weve also made great strides in South America
over the last few years, particularly the launch of our sports
business there," he added.
also stated that the investment in UK pay TV service provider
BSkyB, which News Corp un-successfully tried to buy out, is
an unfinished business.
Corp in the recent years has been trying to streamline its
overseas businesses that aren't consolidated.
month, the company increased its stake in German pay-TV company
Sky Deutschland (SKYD), giving it majority control and putting
it a step closer to creating a pan-European broadcaster.