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KIRCH NEGOTIATING WITH AL WALEED

Germany’s Kirch Group said on Monday it is in talks to pull another investor on board its loss-making pay-TV operations following last month’s much-anticipated entry by media mogul Rupert Murdoch....

NEWS BYTES

In an unexpected move, Luxembourg-based European media group CLT-UFA has agreed with Rupert Murdoch to take over the latter 49.9 per cent stake in German general interest channel VOX, thereby...