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COMPANY TOWN ANNEX

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From Times Staff and Wire Reports

Four Partners Join Music-Video Channel Venture: BMG International, EMI Music, Sony Pictures and Warner Music will join Star TV’s pan-Asian music channel, called Channel V, as equity partners with a 50% stake. The rest will remain owned by Star, which is owned by Rupert Murdoch’s News Corp. Channel V, which was launched last May, provides music videos and youth programming to Asia, India and the Middle East.

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