James Murdoch plans a sweeping shake-up of News Corporation's Star Asian television operations, his biggest move yet to stamp his mark on the most promising growth area in his father's media empire.
According to people familiar with the matter, there will be a sharp cut in jobs in Hong Kong and the rest of the region under the restructuring, aimed at slashing costs and consolidating overlapping operations.
Star's Indian operation, which generates the most profits for the group in Asia, will become independent and start reporting directly to James Murdoch, head of News Corp's Asian and European operations since 2007, rather than Hong Kong.
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