THE assets of Australian media mogul Rupert Murdoch keep on growing. Through its Hong Kong-based subsidiary, Satellite Television for Asian Region (Star TV), the 74-year-old Murdoch has purchased 20 percent of ANTV.

Star TV is one of the News Corporations money-making machines, owned by the Murdoch family. This company was bought from Hutchinson Whampoa, owned by Richard Li, son of Hong Kong millionaire, Li Ka-shing in 1993. Wendi Deng, Murdochs t