Media conglomerate News Corporation acquired a minority stake in the Moby Group, an Afghanistan-based media company founded by four members of the Mohseni family in 2002, on Monday, investing an undisclosed amount.
Additionally, News Corporation is transferring its 50% stake in Broadcast Middle East (BME), a Farsi-language television company launched as a joint venture for the two firms, to Moby, which will now be the sole owner.
BME currently operates two channels in Farsi – FARSI1 and Zemzemeh –…
