A meeting is going on at Fox Tower.
Due to the terrible box office failure of "Terminator 4", the management of Twentieth Century Fox faced difficulties. The board of directors and some shareholders can only be described as angry.
Because 20th Century Fox's operations in the last two years have deeply damaged their interests.
This is not something that can be suppressed with a few explanations and moving out of the Murdoch family.
Seven consecutive large-scale production film projects have hit the street. The opinions of shareholders and some directors are very large, especially for the person who actually controls 20th Century Fox.
"Mr. Murdoch, about "Terminator 4", about "Australia", about "Dragon Ball" and so on."
In the meeting room, a white man with slightly gray hair asked James Murdoch: "Do you need an explanation to the board?"
Without waiting for James Murdoch’s answer, representatives from the shareholders’ meeting followed up and asked: “Since you took office, all major film production projects of 20th Century Fox have failed, and Fox Online’s performance, which was built with a lot of money, has not improved. Instead, the stock price has dropped again and again!"
These words fell into the ears, James Murdoch was expressionless, including movie projects and Fox Online waiting. Strictly speaking, they were all left behind by the predecessor, but the predecessor had long let Jim Proceeds and him. Shang Da Guo had to resign and leave, and these pots can only fall on the incumbent.
James Murdoch sighed slightly and said, "Everyone, please listen to me. The difficulty is only temporary..."
"Temporary?" Another independent director asked, "Is it really temporary? Twentieth Century Fox's capital chain is tense and may break at any time. The stock price is sluggish and the market has lost confidence. How can you recover it?"
James Murdoch quickly said: "We are formulating 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. We will definitely be able to get rid of the current predicament.
Such broad and vague rhetoric does not satisfy the board members and shareholder representatives present here.
Another independent director looked serious and said solemnly: "Mr. James Murdoch, I have discussed with many members of the board of directors carefully. Since you came to Los Angeles and personally controlled 20th Century Fox, 20th Century Fox has been On a downward slope, stock prices continue to fall, and film and drama projects have frequently failed. Fox Online, a new streaming media business, makes people unable to see the future. The relationship with major companies in the industry such as Warner Bros. and Relativity Entertainment has deteriorated, which has led to disputes... "
Such remarks instantly made James Murdoch angry. Are these his problems?
Anger is boiling in his chest and emotions are intensifying in his heart, but James Murdoch is not an inexperienced young man after all. Years of experience in managing News Corporation's UK business has enabled him to maintain sufficient calm, at least on the surface.
The independent director's words continue: "There are clear statistics. Since you took office in the 20th century Fox, the total market value has evaporated by more than 20% and continues to fall. Mr. James Murdoch, I have enough The reason for questioning is that you... are not suitable to be in charge of 20th Century Fox."
The white man with slightly gray hair answered, "I agree with your opinion."
The shareholder representative glanced at James Murdoch and said, "On behalf of twenty-five shareholders, I propose to convene this year's shareholder meeting in advance."
James Murdoch's face gradually became gloomy, and he said, "I have received your opinions. I will stop here for the time being today. The meeting is over!"
After speaking, he got up and left, and walked out of the conference room without looking back.
James Murdoch did not take care of the directors and shareholders in the meeting room. Instead, he was thinking about going back to New York recently to explain to his father the real situation facing Fox in the 20th century.
This is not his responsibility, it is more a problem left over from history!
Well, he admits that because of his success in the UK, he really underestimated the entertainment industry in Hollywood and the United States, thinking that with his own ability and the strong foundation of 20th Century Fox, it is not difficult to succeed.
The result is very unsatisfactory.
James Murdoch returned to the office, sat in the chair, thought for a while, his brows frowned.
Some things made him feel puzzled.
Although he has not had in-depth contact with Hollywood and the entertainment industry in the United States before, he has adopted a relatively stable strategy since he participated in the business of 20th Century Fox. He has never made a big fight in 20th Century Fox because of his new appointment.
Normally speaking, 20th Century Fox should achieve a smooth transition.
Moreover, he, the future heir of the Murdoch family, personally controls 20th Century Fox, and also brings greater support from News Corp. 20th Century Fox deserves a better development.
Even if in the 20th century Fox participated in the acquisition of Time Warner by the parent company, some of its resources were pressured on Time Warner's shares, but it was far from the point of breaking the bones.
However, the difficulties faced by Fox in the twentieth century far exceeded his highest estimates before he took over as Fox in the twentieth century.
Maybe you will really get out of the 20th century Fox and lose the favor of the old father.
James Murdoch felt that he should come up with an explanation, so as to give his father an explanation, and then come up with a good way to make Twentieth Century Fox tide over this difficulty.
As long as News Corp and my father support, 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 in his expression, and beads of sweat could be seen on his forehead.
"What's the matter?" James Murdoch asked: "What is it like to panic!"
The assistant hurriedly said: "The latest news from the British side. In today's report, several media accused many of our media outlets for eavesdropping..."
James Murdoch couldn't help standing up, and interrupted: "What?"
The guys on Fleet Street have always liked to spread rumors. James Murdoch would only laugh if he changed to other news, but the eavesdropping was different, because in the years when he was in charge of the British business, the people under his acquiescence took this Various means to get news.
The assistant's words were obviously not finished: "The British royal family 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 the assistant, and after looking at it twice, he sat back on the chair: "How can this be? How can the news leak?"
The assistant didn't know how to pick up the words of his boss.
James Murdoch is no ordinary person after all. He was so mad that he suppressed the panic that appeared in his heart, and calmed down forcibly. There is still a possibility of salvation.
Only a few small media outlets, Fleet Street has always been equated with rumors and incidents. With News Corp's media business in the UK, it is not a big problem to frame them.
As for the royal family and William, this is a bit troublesome, but it is not impossible to solve it, after all, there are names and no rights.
However, this is the most famous royal family in the world after all, and its own influence cannot be underestimated.
In this way, the rumors could not be resolved, let alone the British royal family and William.
Only throw a few out for the dead ghost.
This kind of thing needs to be done as soon as possible and cannot be delayed for too long. The deeper one is dug, the greater the chance of dug out more fierce material.
James Murdoch quickly made a decision: "Let the "Sun" find two surrounding paparazzi and give them enough money to let them admit that the eavesdropping is a spontaneous act, and the responsibility lies with them. Then, let him The media involved in the family issue issued an apology and appropriate private compensation, which must be resolved as soon as possible."
The assistant said: "Okay, I'll get in touch now."
Shaking the pot, especially throwing the pot on the head of the little man, is undoubtedly the best way.
As long as you pay enough money, it’s not difficult to find someone who is behind you. Maybe there are still many people who will be rushing to do it.
The assistant was just about to leave, when the phone rang suddenly. It was a work phone, so he quickly took out and took a look.
"Take it," James Murdoch said.
After answering the call, the assistant's face changed drastically, as if he had encountered a major change.
James Murdoch was exhausted by the tossing spirit today. Seeing the assistant's slightly stiff expression, what happened?
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, and announced 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. According to the evidence, the target faintly pointed to 20th Century Fox and..."
The assistant glanced at James Murdoch: "And your personal The fax in your hand fell to the ground, James Murdoch was taken aback, and said: "I didn't ask you to withdraw the person back. Yet? "
"Last time, the last time the acquisition of Time Warner failed." The assistant reminded me cautiously: "You asked me to send people out again in order to collect information, and then try to entertain the theory of relativity."
James Murdoch instantly realized the seriousness of the problem, which was much more serious than eavesdropping on the phone of a British prince. He couldn't help standing up and walking around anxiously.
"What should I do?" He said something in his mouth: "What should I do?"
The assistant is silent. The boss doesn't know what to do. How does he, a small assistant, know what to do?
In a short morning, after encountering a series of incidents one after another, James Murdoch was really panicked, and finally came up with his assassin: "I want to call New York, and my father will definitely have a way."
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