Dow Jones reported on April 9: “Foreign media and publishing groups, including News Corp and Germany’s Bertelsmann, are in talks with Chinese media companies on a range of cooperation deals made possible by a loosening of government control over the industry.
By quietly allowing dozens of state-owned broadcasting, newspaper and other media groups to experiment with changes – including the use of private and foreign investments, and stockmarket listings – China hopes to establish its own media titans, industry executives say.
But they warn that the creation of such large companies probably is at least a decade or two away. And, at this stage, there is little likelihood of any loosening of the state’s tight control of information. ”
The full article is here.
There was another story on the Singapore based Straits Times about China’s media policy, thanks to Asia Media for this link.
