After Rupert Murdoch split his newspaper and entertainment business, 21st Century Fox gained over 2 percent on Monday from its opening price. Its market capitalisation was USD 68 billion.
The 59th International Advertising Festival will start in Cannes on June 18. The global economy maybe fracturing but ad agencies continue to invest in the Cannes Lions.
In the last three months, Star India has launched a new Hindi movie channel, exited the TV News business, and purchased the broadcast rights to Indian cricket. It is going all-out now to launch Aamir Khan's Indian television debut with Satyamev Jayate, reports CNBC-TV18's Anuradha Sengupta and Animesh Das.