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The News Corporation Buys The Walt Disney Company's Stake In Asian Sports JV-Reuters
Reuters reported that The News Corporation has taken full control of its Asian joint venture ESPN STAR Sports (ESS), buying out The Walt Disney Company's 50% share to end a 16-year partnership in the region. ESS has rights to this year's Olympics in London and also screens Formula One motor races, another of the top attractions in global sport. Financial terms were not disclosed.
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