The Best Entertainment Era

Fall!

Fall!

Fall again!

Slump!

It was another ordinary trading day. The New York Stock Exchange on the south side of the corner of Wall Street was no longer deserted as it was some time ago. Many people were staring at the two stocks of News Corporation and Twentieth Century Fox. Savior.

There are only a few people who are excited. In this commercial country, some news is also a high-end resource, which is firmly in the hands of a small number of people.

It is also this small group of people who watched News Corporation and 20th Century Fox's Bugging Gate scandal broke out, stared at the stock price that plummeted because of Bugging Gate, and then took advantage of it as much as possible, turning News Corp. and 20th Century Fox Fox pushed further into the abyss.

Official actions against News Corporation and Twentieth Century Fox in the United Kingdom and the United States emerged one after another. The News of the World was banned indefinitely because the authorities launched an investigation based on the actual evidence they had. Many media outlets under News Corporation were semi-paralyzed. Twentieth Century Fox's headquarters, the Fox Building, also has a group of FBI and Justice Department personnel stationed there, and its normal operations have been severely affected.

In addition, the confidence of the market and investors has been hit, and News Corporation's share price has fallen again and again.

Good news, things are going as expected.

In a VIP room, a senior manager from Goldman Sachs was on the phone with Lloyd Blankfein: As far as the current situation is concerned, it will definitely reach the node we expected. News Corporation and Twentieth Century Fox This time we will encounter a major setback, and it will be difficult to get out of the predicament in the short term, and it will not work...

The following words were not said, but the meaning was obvious. The Murdoch family was too crazy. They planned to catch all political and business celebrities from Britain and the United States.

This has crossed the bottom line of the government and society.

After the incident broke out, even he and Lloyd Blankfein carefully checked their phone calls and emails, and adopted the latest encryption methods. Goldman Sachs even stipulated that in the recent period, important decisions and plans should not be passed. Telephone and webmail communications must be handled face-to-face.

Goldman Sachs can't guarantee that they have not been bugged by the lunatics of the Murdoch family. After all, many breaking news from the Wall Street Journal in the past really make people feel uneasy.

He admired it a little. The Murdoch family is really stronger than the next generation. James Murdoch is super courageous.

Even the richest man in the world and the current Prime Minister of the United Kingdom dare to eavesdrop.

It’s no wonder that News Corporation and Twentieth Century Fox’s media can always get explosive news. The sales of newspapers are rising steadily, and the ratings of TV stations are rising again and again. The world's leading entertainment media group.

Not far from the New York Stock Exchange, Lloyd Blankfein sat in his office, enjoying a cup of hot coffee. He had never been in such a good mood in recent months.

News Corporation and Twentieth Century Fox are definitely a ray of sunshine in this economic winter.

In any case, if all goes well, life will be much easier for Goldman Sachs.

As for whether News Corporation and 20th Century Fox will become more sad because of this, it is out of his consideration.

The Murdoch family is so crazy that it makes people all over the United States feel shuddering.

Especially James Murdoch, who dared to wiretap the richest man in the world, the British Prime Minister and the Queen, and members of Congress, would they not dare to wiretap people on Wall Street?

Thinking of the possibility that certain private devices might have been tapped in the past, Lloyd Blankfein felt that the Murdoch family must learn a profound lesson.

Goldman Sachs does not have the ability to kill the Murdoch family, but it is not difficult to unite multiple companies to make the Murdoch family vomit blood.

Lloyd Blankfein suddenly thought of Ronan Anderson and Relativity Entertainment. Judging from the progress of the incident, they seem to have been prepared for a long time, and they may have noticed James Murdoch's interest in Ronan a long time ago. Nan-Anderson's eavesdropping, and then using that as a basis for a massive scheme to turn a disadvantage into an advantage.

Ronan Anderson is very tolerant, and Goldman Sachs also needs to be more vigilant about him.

If nothing else, Relativity Entertainment will be one of the biggest winners this time around.

Park Avenue, Manhattan, Waldorf Astoria Hotel.

In the conference room of the luxury suite in the Waldorf Astoria Tower, Robert Iger had just had a phone call with Los Angeles, and took the time to check the latest stock market quotes.

The assistant said from the side: Lloyd Blankfein of Goldman Sachs invites you to have dinner with me tonight.

Robert Iger thought for a while, and said, Reply to him, and I will treat him tonight.

The assistant called back first, and then asked, Is the stock market still moving?

Calm down, it's not time yet. Robert Iger glanced at the calendar and said, They will still have a day to fall, let the team get ready.

The assistant said, Okay, I'll go communicate now.

Robert Iger turned his gaze back to the computer screen, staring at 20th Century Fox. The entire News Corp. was not the target. Both he and Ronan were very clear-headed. With the ability to entertain with the theory of relativity, even if they pulled Pan Xia and It is impossible to swallow the entire News Corporation even with huge sums of money.

This may trigger a counterattack by the Murdoch family, which will hurt both sides, and will push some of the power to the hostile direction.

The economic crisis is still raging, and major companies are focusing on self-protection. Relatively speaking, the external pressure for Entertainment to take over 20th Century Fox will not be particularly great, but when it comes to the entire News Corporation, it is estimated that many people and companies will be unable to sit still.

On top of that, it could blow the belly out of Relativity Entertainment.

Twentieth Century Fox, Relativity Entertainment's current goal!

Robert Iger is well aware of Relativity Entertainment's weaker link today, which is the media business.

As the largest subsidiary of News Corporation, Twentieth Century Fox is not only a film and television entertainment company, but also a media company. Studios and print media make up Fox News and many other affiliates.

Like Relativity Entertainment, the entirety of Twentieth Century Fox is made up of multiple divisions engaged in multiple businesses.

Twentieth Century Fox's business can complement Relativity Entertainment's advantages.

Robert Iger is full of confidence. Years of planning and Relativity Entertainment's sufficient capital are enough to support this huge acquisition.

The performance of Relativity Entertainment in recent years has given Robert Iger sufficient confidence.

In 2008, Relativity Entertainment's total operating income was as high as 34.2 billion U.S. dollars, with a profit margin of nearly 27%, and a net profit of 9.2 billion U.S. dollars. It ranked 192nd among the world's top 500 companies and successfully squeezed into the top 500 companies in the United States. Top 50 list of profitable companies.

Of all the big and mid-cap companies in Hollywood, the nascent Relativity Entertainment has the highest profit margin.

The entire News Corporation, including Twentieth Century Fox, has seen its total market capitalization drop from US$62.3 billion before the economic crisis broke out last year to less than US$50 billion due to its stock price falling again and again.

Among the Fortune Global 500 in 2008, the entire News Corporation ranked 281st, with a revenue of 27.2 billion US dollars and a net profit of 5.3 billion US dollars.

Just looking at the size of the data, Relativity Entertainment is already above the entire News Corporation including Twentieth Century Fox.

But the strength of the company cannot be calculated purely by statistics, otherwise Relativity Entertainment would not have to do so much work and do so many things to weaken the strength of the entire News Corporation and the Murdoch family.

As a subsidiary, Twentieth Century Fox accounts for less than half of the entire News Corporation because it is basically not involved in the news media business in the UK, Australia and other overseas regions.

This is still a huge deal in front of Robert Iger, and it is also the largest acquisition plan in the history of Relativity Entertainment.

However, in Ronan’s eyes, due to various reasons such as the socio-economic environment, currency depreciation, and future development, the 20th Century Fox that Relativity Entertainment is facing is larger than Walt Disney’s previous acquisition that cost more than 70 billion U.S. dollars. , is much lower.

Of course, if you convert Walt Disney in 2009 and Walt Disney in 2019, there is also a huge gap in size.

In ten years, many companies in the United States and even the world have been injected with puffing agent in the stock market, and the speed of market value increase can only be described as amazing.

Today, Relativity Entertainment is still facing an excellent opportunity.

In order to calm the anger of the people, News Corporation had to announce the closure of the News of the World, a tabloid that had gone through 168 years, came to an end this week.

Affected by this, the stock price of News Corporation plummeted, and it was obvious that some people were short-selling News Corporation's stock in the market. In just over a week, News Corporation evaporated nearly 10% of its market value.

Another obvious thing is that someone united with the gang of vampires on Wall Street to quickly suppress News Corporation's stock.

News Corp., which was once glorious, has been completely caught in the storm.

News Corporation has also taken numerous self-help measures, but in the face of the general trend of the wall being toppled and pushed by everyone, it is of no avail at all.

As the investigation deepened, more and more British and American celebrities appeared on News Corporation's wiretapping list.

At the beginning of March, Scotland Yard in the UK and the FBI in the US successively released a wiretapped list of up to 6,000 people.

All countries in the world that have News Corporation's business have started related investigations.

The FBI subsequently subpoenaed several News Corp executives and arrested the editor-in-chief of the New York Post as well as several executives.

Those who are closely related to News Corporation are also in bad luck. Blair is inevitably implicated in it. He has suppressed the scandal of News Corporation many times. There is even evidence that there are quite a lot of secrets between him and News Corporation. man's secret.

The FBI then subpoenaed Les Hinton, Rupert Murdoch's top aide for decades.

The investigation into this incident began to point directly at the Murdoch family and Rupert Murdoch himself.

(In reality, News Corp., including its subsidiaries, had a market capitalization of around $62 billion in 2009.)

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