The Best Entertainment Era

Chapter 1132 Continuous blows

In the Fox Building, a meeting is in progress.

Due to the disastrous box office failure of Terminator 4, the management of Twentieth Century Fox is facing difficulties. The board of directors and some shareholders can only describe it as anger.

Because the operation of Twentieth Century Fox in the past two years has deeply damaged their interests.

This is no longer something that can be suppressed with a few explanations and moving out of the Murdoch family.

Seven consecutive first-line big-budget film projects hit the street, and the opinions of shareholders and some directors are very strong, especially for the person who currently controls 20th Century Fox.

Mr. Murdoch, about Terminator 4, about Australia, about Dragon Ball and so on.

In the conference room, a white man with slightly gray hair asked James Murdoch: Do you need an explanation to the board?

Without waiting for James Murdoch to answer, the representative from the shareholder meeting immediately asked: Since you took office, all the major movie production projects of 20th Century Fox have failed, and the performance of Fox Online, which was built with a lot of money, has not improved. Instead, the stock price went down again and again!

These words fell into his ears, and James Murdoch was expressionless, including the movie project and Fox Online waiting. Strictly speaking, it was all the fault left by the predecessor, but the predecessor had already asked Jim Prose to hold him together. The big pot had to resign and leave, and these pots can only fall on the incumbent.

James Murdoch let out a sigh of relief and said, Everyone, please listen to me, the difficulties are only temporary...

Temporary? Another independent director asked back: Is it really temporary? Twentieth Century Fox's capital chain is tight and may break at any time. The stock price is low and the market has lost confidence. How can you recover?

James Murdoch quickly said: We are working on a new plan, and we will soon be able to get out of the predicament. The board of directors and the general meeting of shareholders must have confidence in the management, and we will definitely be able to get out of the current predicament.

This kind of broad and general vague rhetoric does not satisfy the board members and shareholder representatives present.

Another independent director looked serious and said very solemnly: Mr. James Murdoch, I have discussed carefully with many members of the board of directors. Since you came to Los Angeles and took control of Twentieth Century Fox, Twentieth Century Fox has been It is going downhill, the stock price keeps falling, film and drama projects fail frequently, the new streaming media business Fox Online makes people unable to see the future, and the relationship with big companies in the industry such as Warner Bros. and Relativity Entertainment has deteriorated, thus falling into the quagmire of disputes...

Such rhetoric,

Instantly made James Murdoch angry. Are these his problems?

Anger boiled in his chest, and emotions intensified in his heart, but James Murdoch was not an inexperienced young man after all. His years of experience in managing News Corporation's UK business allowed him to maintain enough calm, at least on the surface.

The words of the independent director continued: There are clear statistics. Since you took office, the total market value of Twentieth Century Fox has evaporated by more than 20%, and it is still falling. Mr. James Murdoch, I have enough Reasons to question that you... are not fit to run Twentieth Century Fox.

The white man with slightly gray hair answered, I agree with you.

The shareholder representative glanced at James Murdoch and said, On behalf of twenty-five shareholders, I propose to hold this year's general meeting of shareholders ahead of schedule.

James Murdoch's face gradually became gloomy, and he said: I have received everyone's opinions, and I will stop here for the time being today, and the meeting will be adjourned!

After speaking, he got up and left, and walked out of the conference room without looking back.

James Murdoch didn't care about the directors and shareholders in the conference room. Instead, he was thinking about going back to New York recently to personally explain to his father the real situation facing Twentieth Century Fox.

This is not his responsibility, it is more a problem left over from history!

Well, he admitted that because of his success in the UK, he really underestimated Hollywood and the US entertainment industry, thinking that with his own ability and the strong foundation of 20th Century Fox, it would not be difficult to achieve success.

The result was very unsatisfactory.

James Murdoch returned to the office, sat in the armchair, thought for a while, and frowned.

Something made him feel puzzled.

Although he had no in-depth contact with Hollywood and the American entertainment industry before, since he joined the business of 20th Century Fox, he has adopted a relatively stable strategy, and he has not made any big moves in 20th Century Fox just because he took office.

According to normal reasoning, Twentieth Century Fox should achieve a smooth transition.

Moreover, he, the future heir of the Murdoch family, personally controls 20th Century Fox, and has also brought greater support from News Corporation. 20th Century Fox should have better development.

Even though 20th Century Fox invested part of its resources in Time Warner's shares because of its participation in the head office's acquisition of Time Warner, it was far from being hurt.

However, the difficulties facing Twentieth Century Fox far exceed the highest estimates before he took over Twentieth Century Fox.

If he didn't make it right, he would really get out of 20th Century Fox and lose the favor of his old father.

James Murdoch felt that he should come up with an explanation to give his father an explanation, and then come up with a good way to get Twentieth Century Fox through this difficulty.

As long as there is the support of News Corporation and my father, the difficulties are only temporary...

There was a sudden knock on the door, and the people outside seemed very anxious.

James Murdoch frowned and said, Come in.

The assistant opened the door and walked in, holding a fax in his hand, with surprise and surprise on his face, beads of sweat could be seen on his forehead.

What's the matter? James Murdoch asked, What does it look like in a panic!

The assistant quickly said: The latest news from the UK, several media outlets have accused many of our media outlets of using wiretapping methods in today's reports...

James Murdoch couldn't help but stood up and interrupted: What?

Those guys on Fleet Street have always liked to spread rumors. If it were other news, James Murdoch would just laugh it off. means of obtaining news.

The assistant obviously didn't finish his sentence: The British royal family has just issued a statement. William confirmed that the phone was tapped and has officially reported the case to Scotland Yard.

James Murdoch took the fax from his assistant, looked at it twice, and sat back on the chair: How could this be? How could the news leak?

The assistant didn't know how to answer what his boss said.

After all, James Murdoch is not an ordinary person, so he suppressed the panic that appeared in his heart when he was crazy, and forcibly calmed down. There is still a possibility of saving things.

It's just a few small media outlets. Fleet Street has always been synonymous with rumor-mongering. Given News Corporation's media business in the UK, it's not a big problem to label them as frame-ups.

As for the royal family and William, this is a bit troublesome, but it is not impossible to solve, after all, there are names but no rights.

However, this is the most famous royal family in the world after all, and its own influence cannot be underestimated.

In this case, it is impossible to solve the rumors, let alone dismiss the British royal family and William.

Only a few were thrown out for the dead ghosts.

This kind of thing needs to be done as soon as possible, and it can't be delayed for too long. The deeper it is dug, the greater the chance of digging out more powerful materials.

James Murdoch quickly made a decision: Let the Sun find two surrounding paparazzi, give them enough money, let them admit that the wiretapping is a spontaneous act, and they will bear the responsibility. Then, let a few The media involved in the incident should come forward to apologize and make appropriate compensation in private, which must be resolved as soon as possible.

The assistant said, Okay, I'll get in touch right away.

Shaking the pot, especially throwing the pot on the head of a small person, is undoubtedly the best way.

As long as you pay enough money, it's not difficult at all to find the person who is responsible, and there may be many people who will rush to take the blame.

The assistant was just about to leave when the phone rang suddenly. It was a work phone, so he quickly took it out and took a look.

Go ahead, said James Murdoch.

After answering the phone, just said a few words, the assistant's expression changed instantly, as if he had encountered a major accident.

James Murdoch was mentally exhausted today, looking at the assistant's slightly stiff expression, did something else happen?

The assistant hung up the phone and said to James Murdoch: Boss, just... I...

He took a deep breath, calmed himself down, and said: The latest news, Relativity Entertainment held a press conference this morning, announcing to hundreds of media that Relativity Entertainment and Ronan-Anderson, and Ronan- Anderson's girlfriend Jessica Felton's phone was tapped, and some evidence was presented at the scene. They have formally reported the case to the police and the FBI, and according to that part of the evidence, the target is vaguely pointing to 20th Century Fox and...

The assistant glanced at James Murdoch: Personally with you.

The fax in his hand fell to the ground, James Murdoch froze for a moment, and said, Didn't I ask you to withdraw the person?

Last time, the acquisition of Time Warner failed last time. The assistant cautiously reminded: You asked me to send people out again in order to collect information and plan for relativity entertainment in the future.

James Murdoch instantly realized the seriousness of the problem, which was much more serious than tapping the phone of a British prince. He couldn't help standing up and walking around anxiously.

What should I do? He murmured, What should I do?

The assistant is silent, even the boss doesn't know what to do, how does he know what to do as a small assistant?

In just one morning, after encountering a series of incidents one after another, James Murdoch really panicked, and finally took out his trump card: I want to call New York, and my father will definitely have a solution.

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