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A press release issued
this morning said that Chang was resigning from his
senior positions in News Corp too. In the interim,
News Corp No 2 Chase Carey and James Murdoch will
function as co-chairmen while deputy chief executive
Bruce Churchill will take over day to day operations
of Star TV in Asia.
The resignation of Gareth Chang comes at a time when
News Corp boss Rupert Murdoch is consolidating all
his DTH ventures and attempting to float them on the
stockmarkets. IPOs for Star TV Asia and India are
also on the anvil.
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