Lachlan Murdoch is in advanced talks to pick up an equity stake in INX Media - the company floated by Indrani Mukerjea, wife of former Star TV chief Peter Mukerjea, to set up a bouquet of news and entertainment channels. |
If the deal goes through, it will be Lachlan's first investment through which he will take on his father Rupert Murdoch directly in the broadcasting space. |
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Sources say Lachlan Murdoch is meeting Indrani Mukerjea for discussions on the investment in INX Media. Mukerjea plans to launch 12 news and entertainment channels. |
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Indrani Mukerjea said, "I cannot comment on the issue." |
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Peter Mukerjea's presence at a press conference announcing Percept Holdings - Lachlan Murdoch's joint venture for talent management - also raised eyebrows as the two dashed off minutes after the press conference concluded. |
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