Richard Li
In 1993, News Corporation acquired Star TV (renamed as Star in 2001), a Hong Kong company headed by Richard Li, from Hutchison Whampoa for $1 billion (Souchou, 2000:28), and subsequently set up offices for it throughout Asia. The deal enabled News International to broadcast from Hong Kong to India, China, Japan and over thirty other countries in Asia, becoming one of the biggest satellite television networks in the east. However, the deal did not work out as Murdoch had planned, because the Chinese government placed restrictions on it that prevented it from reaching most of China.