The document discusses the history and competition between MTV and Channel V in Asia. MTV began broadcasting in Asia via satellite in 1991 but left in 1994 when Murdoch's New Corp acquired Star TV. Channel V filled the vacuum and was the first music channel in Asia with a localized approach. In 1995, MTV Networks Asia was launched and customized its content for local markets. Both channels have since increased their online and mobile presence. Key strategic questions discussed include whether there is room for both channels in Asia and how they can develop the growing China market.