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James Murdoch, Fox Veteran Uday Shankar Partner on Emerging Markets Media Venture

James Murdoch and Uday Shankar, the former CEO of Star India and president of Disney in Asia Pacific, said Thursday that they are partnering to form a new venture that will explore technology and media opportunities in emerging markets.

Murdoch, who no longer holds a role in his family's media empire, is teaming up with Shankar via Lupa Systems, theNew York and Mumbai-based investment firm he established in 2019.

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