Star India, the crown jewel in the international business of 21st Century Fox, will contribute greatly to the media conglomerate’s future growth, feel 21st Century Fox executive chairs Rupert and Lachlan Murdoch. Rupert and his son James (21st Century Fox CEO) have time and again praised the company’s India business, guiding that Star India will achieve an operating profit of $500 million by 2018 and $1 billion by end of 2020. In the annual report of 21st Century Fox for FY2015 (July–June), the Murdochs stated, “In India we believe Star will contribute greatly to our future growth. Over the last 12 months, Star expanded on its well-established leadership position in general entertainment, moving aggressively into the sports market with Star Sports, which is seeing exciting growth.”
Read more at: http://www.televisionpost.com/television/star-india-to-contribute-greatly-to-21st-century-foxs-growth-rupert-murdoch/ | TelevisionPost.com
Read more at: http://www.televisionpost.com/television/star-india-to-contribute-greatly-to-21st-century-foxs-growth-rupert-murdoch/ | TelevisionPost.com
