Tidbits from the Southasian region
NDTV looks all set to go truly Southasian, having entered into a distribution partnership with Dialog TV, Sri Lanka's leading direct-to-home (DTH) service provider, for its English news channel NDTV 24×7. This will make it the only news channel from the region to be present on the DTH platform in Sri Lanka. With this tie-up, NDTV's global presence now extends to all key regions across the world. Sri Lankans, like newshounds in the UK, US, Canada, West Asia, South Africa, Australia-New Zealand, Nepal and Pakistan, will now have the debatable pleasure of watching the dapper Prannoy Roy and the redoubtable Barkha Dutt needle panellists on "We the People".
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Rupert Murdoch's News Corp has (finally) clinched a deal to buy Wall Street Journal publisher Dow Jones & Co for USD 5 billion, thereby ending a century of highly regarded family ownership. On 1 August, the companies announced the signing of a definitive agreement, after the deal won sufficient support to pass from a deeply divided Bancroft family. What will Murdoch chase next? Given the booming Indian/Southasian media market, obviously we can now expect him to come calling. On your guard!
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