Bullish on the Indian market, 21st Century Fox chief executive officer James Murdoch is eyeing a rich harvest from Star India’s entertainment business in the current fiscal.
Star India’s EBITDA from the entertainment business is expected to be over $300 million this fiscal, Murdoch has told investors. For 21st Century Fox and its wholly-owned subsidiaries, the fiscal year starts on 1 July and ends on 30 June.
Murdoch also said that Star has reached an inflection point with peak investments in Star Sports, the sports business of the company.
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