Wednesday, May 2, 2007

Murdoch's Dow deal may up Asia clout, but not China

(Reuters) - The media giant has had mixed success in Asia where it owns Hong Kong-based broadcaster Star TV and Star India but has made several unsuccessful attempts to tap China's rapidly growing media market.

Dow Jones' presence in Asia through the Wall Street Journal Asia and Dow Jones Newswires would give Murdoch a further foothold in the region but was unlikely to make a significant difference to his China ambitions, analysts said.


Read more at Reuters.com Mergers News

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