Murdoch tells China to learn from India
Media baron Rupert Murdoch on Friday called on the Chinese government to follow India’s example and open up the country’s restricted media sector. The head of media giant News Corp urged the Chinese government “to open its digital door” just like the country had three decades ago opened up its isolated economy, and also address the widespread piracy problems that plagued media companies here. Foreign media companies, including Mr. Murdoch’s, have had little success penetrating the Chinese media market — government regulations here restrict foreign investment in the media sector, and most media in China is State-controlled. “India, which is far, far earlier in the economic development cycle has been more welcoming of competition,” he said, speaking at the first World Media Summit here on Friday. The News Corp chief pointed to the widespread piracy problem in China and continuing State financing of media firms as barriers preventing the entry of “sheltered” Chinese media companies from competing on the global stage.
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