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Star Groups' CEO James Murdoch was quoted as saying in an official
release, "The agreement further broadens and deepens our development
in China. We are very excited to be partnering with Hunan TV, one
of China's most innovative and dynamic broadcast groups."
The release adds that News Corp has long sought to expand its footprint
in China, where foreign TV channels are mostly limited to luxury
hotels, residences designated for foreigners and other special venues
approved by the state. Reports also state that the Hunan deal is
the first time China has given approval to a foreign media organisation
for comprehensive cooperation with a Chinese partner.
A Hunan official said the cooperation did not involve any money
exchanging hands.
The Hunan Broadcast Group owns eight television channels including
the nationally top-rated popular Hunan Satellite TV, as per the
release.
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