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News Corp suspends voting rights by foreigners to comply with US law

MUMBAI: Global media conglomerate News Corporation has suspended the voting rights of a portion of Class B Common Stock owned by foreigners in order to comply with U.S law that restricts foreign holdings and voting powers to be within 25 per cent.

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Havas Media bags Air France global account

MUMBAI: Havas Media retained the global Air France account following a pitch that included VivaKi (Publicis Groupe).

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Sky Sports' deal with the NBA

MUMBAI: UK broadcaster Sky Sports has signed a new deal with the NBA to cover games and programming, for the next three seasons. In India the NBA airs on ESPN Star Sports.

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Future of global media industry lies in open environment: IBM report

MUMBAI: Media companies will survive or fail in 2010 based not just on content but also on creative intelligence they are able to gather about their customers, the markets which they serve and the value of their digital assets.

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