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Murdoch-Wendi get divorced

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MUMBAI: It’s done and over with. Media baron Rupert Murdoch and his third wife Wendi Deng got divorced on Wednesday. And there was none of the drama that is normally associated with the end of celebrity marriages. The duo –first Murdoch and then Wendi – arrived quietly in the New York Supreme Court in Manhattan and agreed to the terms of the divorce before Judge Ellen Gesmer, and the hearing was over in just about 15 minutes.

 

The couple had signed one prenuptial and two postnuptial agreements delineating the division of assets in the event of a divorce. As part of the final terms, Wendi will continue to keep the couple’s apartment on Fifth Avenue in Manhattan valued at $44 million and their home in Beijing.

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Murdoch and Wendi have two daughters 12 year old Grace Helen, and 10 year old Chloe. The octogenarian has four other children from his two earlier marriages – Prudence, James, Lachlan and Elisabeth.

 

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Murdoch’s personal fortune which was estimated in excess of $13 billion is held in a family trust in which all this six children have an equal economic interest though his two youngest daughters have no voting interest.  The trust owns about 40 per cent stock News Corp and Twenty First Century Fox. News Corp is the owner of India’s $1billion plus turnover Star India network which runs India’s No 1 Hindi GEC Star Plus and also India’s leading sports television network.

 

Married for 14 years, the couple decided to part ways when Murdoch said he wanted a divorce in June this year as the marriage had irretrievably broken down.  They later issued a joint statement which said: “We are pleased to announce that we have reached an amicable settlement of all matters relating to our divorce. We move forward with mutual respect and a shared interest in the health and happiness of our two daughters. We will not comment on this any further.”

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News Broadcasting

Rajesh Sundaram joins NDTV Profit as senior editor, assignment

The 32-year newsroom veteran has launched channels on three continents and covered everything from 9/11 to South African television

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MUMBAI: NDTV Profit has bolstered its newsroom with a hire who has done rather more than most. Rajesh Sundaram, a journalist with over three decades of editorial, managerial and consultative experience across India and international markets, joins as senior editor, assignment, tasked with sharpening the network’s newsgathering and real-time response.

Sundaram’s career reads like a tour of Indian media’s most formative moments. He began at Businessworld in 1994, moved to Zee News as bureau chief across Mumbai and Chennai, then joined NDTV in 2002 as part of its political bureau during a particularly febrile period in Indian politics. A stint as India correspondent for Al Jazeera International followed, where he covered key geopolitical developments and got his first serious taste of the global newsroom.

What sets Sundaram apart, however, is his serial channel-launching habit. At NewsX, he helped get the operation off the ground. At Headlines Today, part of the India Today Group, he served as editor. At News Nation, he helped launch the Hindi news channel and its digital ecosystem. He then crossed continents to lead the launch of ANN7 in South Africa as editor-in-chief, overseeing both television and digital. Back in India, he launched Tamil news channels News7 Tamil and Cauvery News, and later served as principal consultant for the launch of Marathi channel Lokshahi. Most recently, he helped build and lead the Press Trust of India’s video service and content studio, before stints consulting for Business Today and The Himalayan Times.

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Rahul Kanwal, chief executive and editor-in-chief of NDTV, left little doubt about what Sundaram is expected to deliver. “The assignment desk is where a newsroom’s intent becomes action,” he said. “Rajesh brings a rare combination of field experience and leadership in building news operations at scale.”

Sundaram has reported from across India and the world, covering elections, civil conflicts, the aftermath of the 9/11 attacks and the 2008 US presidential election.

At NDTV Profit, he will lead the assignment desk, driving editorial coordination and real-time response across markets and breaking developments. For a business news network sharpening its focus on speed and multi-platform delivery, it has hired a man who has built newsrooms from scratch on three continents. The assignment desk is in good hands.

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