The Best Entertainment Era

Isn't the default attitude connivance?

When people from Fox and News Corporation found out that they had tapped a certain well-known person and got big news, not only did they not reprimand them, but they even took the initiative to smooth out the beginning and end. Will he have a next time?

And will the next goal go further?

These are all obvious, and when converted to ordinary people, it is like a crime.

But understanding this truth does not mean that you have to feel guilty about it and give up your own major interests.

After all, Rupert Murdoch has been in a high position all year round. This kind of initiative to seek peace and even apologize for compensation may be the first time in the past two decades. Even if he is old enough and experienced enough, he can't help but turn cold: I understand what you want? You think too much, your appetite cannot support your greed, and News Corporation will not give up on Twentieth Century Fox...

Ronan was not surprised by this, and said: Rupert, many of the difficulties facing News Corporation can be solved with money. As long as the compensation is enough, the best result of the British and American governments is a huge fine. Because of the economic crisis and The Time Warner acquisition failed, and News Corp and Fox are all cash-strapped, who is willing to support your huge sums of money in this day and age?

Rupert Murdoch said: Give it up, Ronan. I won't accept your terms.

Ronan said calmly: This is a fair deal, not for News Corporation to give Fox to Relativity Entertainment for free. Relativity Entertainment will officially purchase 20th Century Fox. If you are interested in negotiating, we can take a premium acquisition.

What? Rupert Murdoch suspected he had heard wrong.

Ronan said again: When we reach an agreement in the future, a 5% premium to the market price on that day.

Rupert Murdoch's face darkened a little: This is what you call a fair deal? First use various methods to suppress the stock prices of Fox and News Corporation, causing the stock prices to shrink by more than 30%, and then use this so-called A premium acquisition?

The shamelessness of this young man was almost intolerable to him.

Ronan spread his hands and said, So, News Corporation needs to hurry up. The sooner an agreement can be reached with Relativity Entertainment, the smaller the loss will be. Rupert, you know better than me what the situation is now.

Rupert Murdoch was silent for a moment, because the situation would get worse with time.

But selling 20th Century Fox...

Let's get here today.

Rupert Murdoch tried his best to control the initiative, and while saying goodbye, he said: Ronan, my conditions will be valid within this month. If you figure it out, you can contact me at any time.

Ronan replied calmly: Rupert, what I said will remain valid until the end of the month. Next month... well, it may not be such a good condition.

Rupert Murdoch glanced at Ronan and said nothing.

Jessica Felton and Mrs. Murdoch also returned to the reception room at this time, and the two sides shook hands briefly. Ronan and Jessica Felton sent the Murdochs out of the club together.

Watching the Murdochs walk out of the clubhouse, Jessica Felton asked Ronan with concern: How did the talk go?

Ronan smiled and said, It went well, almost as expected.

Jessica Felton instantly understood: Rupert Murdoch didn't let go?

No. Ronan walked towards the reception room just now, waited until Jessica Felton followed, and said, This is all expected. Rupert Murdoch has experienced countless storms in his life, and he will not take it easy. Compromise. If the situation does not deteriorate to a certain extent, it is impossible to agree to Relativity Entertainment's purchase request.

Jessica Felton nodded slightly: I hope there will be a good result in the end.

She can't help in this regard, she can only distract Ronan less, at least it won't bring any drag.

Let's not talk about News Corp. Ronan turned to ask, How was your chat with that Mrs. Murdoch?

Jessica Felton suddenly smiled: Mrs. Murdoch is very interesting, she is not an ordinary person. She thought for a while and said, She is very good at finding common topics and is a good communicator. I am far inferior to her in this respect.

Ronan has seen the experience of that compatriot more or less, and it is really amazing to be able to climb to the current position step by step.

It's a pity that that guy fell in love with Blair for some unknown reason.

Rupert Murdoch broke up with Ronan, but instead of leaving Los Angeles, he took over all of Twentieth Century Fox's businesses.

James Murdoch, who was previously regarded as his successor, inevitably began to be marginalized due to the lack of any effective performance in this crisis.

However, the series of crises triggered by the wiretapping gate did not end because of Rupert Murdoch's efforts, and even did not show any improvement, but continued to deteriorate.

In the UK, several MPs have submitted a motion requiring the government to force News Corporation to sell all media in the UK, and it has even been included in a new discussion in the House of Commons.

Because too many people were involved, News Corporation's supporters dropped sharply. If it were to be discussed in the House of Commons, News Corporation would most likely face the worst possible outcome.

The plan to eavesdrop on Prime Minister Brown has extremely serious consequences in the UK. Even the Labor Party, which has a good relationship with News Corporation in the UK, has taken the initiative to distance itself. The relationship between the two parties cannot be fundamentally repaired in the short term.

News Corporation's business is mainly concentrated in three countries - the United Kingdom, the United States and Australia.

Similarly, these three countries are also the main victims of wiretapping.

Australia is the birthplace of the Murdoch family. Although news of wiretapping occasionally broke out, the few can be ignored.

The main events were concentrated in the United Kingdom and the United States.

This month, in addition to continuing to promote the Bugging Gate related incidents, Relativity Entertainment also completed another work. Its Netflix Network conducted a new round of financing and absorbed more foreign funds and investment groups.

Although Netflix burns money extremely fast, in the face of soaring stock prices and a market value of 200 billion US dollars, there are too many people and groups waving huge sums of money, wanting to join the ranks.

These people, within a certain period of time, will become partners of Relativity Entertainment.

Perhaps this kind of cooperative relationship is not solid, and when it comes to their own major interests, they don't care about Relativity Entertainment.

But in some matters, it is not too difficult to form a loose alliance to make trouble and beat the dog in the water. Moreover, if it works well, there are still benefits to be gained.

After this financing and share expansion, Ronan's shareholding in Netflix controlled by Relativity Entertainment dropped to 60%, but the market value of Netflix quickly exceeded 200 billion US dollars.

In fact, looking at the figures on paper, his net worth has skyrocketed by a large amount.

The wiretapping door in the United States is still rapidly fermenting. The FBI called a press conference and issued a preliminary investigation report with hundreds of pages, all of which were directed at News Corporation and the Murdoch family.

The Federal Trade Commission and the Department of Justice held meetings one after another, and began to discuss whether News Corporation needs to be split up, whether it is necessary for the Murdoch family to sell the American media in their hands...

The authorities in Washington have also exerted tremendous pressure on News Corp. After all, no one wants to have themselves or their family members wiretapped.

After the government issued a preliminary investigation report, Ronan and Relativity Entertainment filed a lawsuit against the Murdoch family and News Corporation, and demanded astronomical compensation on the grounds of leaking top-secret projects and so on.

As if the charge was sounded, a large number of victims of wiretapping in Britain and the United States chose the same method one after another.

Even some government departments have filed lawsuits against News Corporation.

If all claims are calculated, it would not be enough for the Murdoch family to sell News Corp.

The impact of this incident was too great. After collecting relevant evidence, the British side arrested several News Corporation executives in the UK one after another.

The FBI took actions one after another. Many people from News Corporation were taken away for investigation, which has seriously affected the company's internal operations.

News Corp., the once glorious media company, is in a precarious state.

Subsequently, there was news that Relativity Entertainment was in contact with several major shareholders of News Corporation, and seemed to be seeking to acquire the News Corporation.

According to news from Bank of America, Relativity Entertainment has applied for a huge loan.

In addition, the news that Relativity Entertainment has cooperated with overseas capital to establish a new company for acquisition has also been confirmed by mainstream financial media.

Relativity Entertainment itself has released a part of the equity of Netflix Network, and can get loans from Bank of America at any time, as well as overseas financial support. It seems that there is no financial problem in the acquisition of News Corporation.

When the new company invested by Relativity Entertainment was about to reach an agreement with the two major shareholders of News Corporation, Rupert Murdoch found Ronan again, and the two sides had a whole day of discussions.

Relativity Entertainment has already touched News Corporation's basic market, and the pressure from the government is also increasing. If he does not want to be completely defeated in this crisis, Rupert Murdoch must make a choice.

It is time to make a decision as to whether the entire group company has been dismantled and taken over by force, or whether it can continue to survive in the media industry.

Just like the aggressive Walt Disney once faced, Rupert Murdoch will not sell Fox easily, but it is not absolutely impossible to sell Fox.

In the face of these situations, everything has something to talk about.

Robert Iger withdrew from New York and joined Ronan and Rupert Murdoch in the next two days.

The Murdoch family does not have an absolute controlling stake in News Corporation. If they do not want to lose News Corporation, there is only one choice.

Although Relativity Entertainment put on a stance, it didn't want to join forces with News Corporation to kill one thousand enemies and lose eight hundred.

The two parties finally reached an agreement and decided to start formal negotiations on the acquisition of Twentieth Century Fox by Relativity Entertainment.

This kind of negotiation often lasts for a long time, possibly more than a year, but what News Corporation lacks most is time, so both sides act very quickly.

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