Chapter 1134： General trend

"Fell!"

"Fell!"

"Fell again!"

"Slumping!"

It is another ordinary trading day. The New York Stock Exchange on the south side of Wall Street is no longer deserted some time ago. Many people are watching News Corporation and Twentieth Century Fox stocks. It seems that they have become Wall Street’s stocks. Savior.

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

It is this small group of people who watched News Corp. and Twentieth Century Fox’s "eavesdropping door" scandal, stared at the stock price that was decimated by the "eavesdropping door", and then profited as much as possible from it, bringing News Corp and the 20th century Fox pushed further into the abyss.

Official actions against News Corporation and Twentieth Century Fox have emerged in the United Kingdom and the United States. The News of the World has been banned indefinitely because the official investigation has been carried out based on the actual evidence it has already obtained. In the Fox Building, the headquarters of Fox in the 20th century, a group of FBI and Justice Department personnel also entered, and normal operations were severely affected.

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

"Good news, things are developing as expected."

In a VIP lounge, a senior manager from Goldman Sachs was talking on the phone with Lloyd Blankfein: "From the current situation, it will definitely reach the node we expected. News Corporation and Twentieth Century Fox This time there will be a major setback, and it will be difficult to get out of the predicament in the short term.

The latter words are not said, but the meaning is very obvious. The Murdoch family is too crazy. This is to wipe out the political and business celebrities in 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 important decisions and plans must not be approved in this period. Communication between telephone and webmail must be handled face to face.

Goldman Sachs can't guarantee that they have not been eavesdropped by the group of lunatics in the Murdoch family. After all, the many hot news in the Wall Street Journal in the past is really unreasonable.

He somewhat admired that the Murdoch family is really stronger from generation to generation. James Murdoch is so courageous that even the world's richest man and the current British prime minister dare to eavesdrop.

No wonder News Corp. and the media of 20th Century Fox always get the best news. The sales of newspapers are constantly increasing, and the ratings of TV stations are constantly rising. In just 20 years, it has developed from a local media company in Australia to a global media company. The world's leading entertainment media group.

Not far from the New York Stock Exchange, Lloyd Blankfein is sitting in his office and enjoying a cup of hot coffee. In recent months, he has never felt better.

News Corporation and 20th Century Fox are definitely a touch of warmth in this economic winter.

Anyway, if everything goes well, Goldman Sachs' life will be much easier.

As for whether News Corp and Twentieth Century Fox will become more sad because of this, it is not within his consideration.

The Murdoch family is so crazy, it makes people all over America feel shuddering.

Especially James Murdoch, dare to eavesdrop on the world's richest man, dare to eavesdrop on the British Prime Minister and Queen, dare to eavesdrop on members of parliament, will they dare not eavesdrop on the people on Wall Street?

Thinking of the possible eavesdropping in the past, Lloyd Blankfein felt that the Murdoch family must learn a profound lesson.

Goldman Sachs did not have the ability to kill the Murdoch family, but it is not difficult for the Murdoch family to vomit blood once by combining multiple companies.

Lloyd Blankfein suddenly thought of Ronan Anderson and Relativity Entertainment. Judging from the progress of the incident, they seemed to have been prepared for a long time. They may have noticed James Murdoch’s influence on Luo. Nan Anderson’s wiretapping, and then using it as a basis, developed a huge plan, which turned disadvantages into advantages.

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

Not surprisingly, Relativity Entertainment will become one of the biggest winners this time.

Manhattan Park Avenue, Waldorf Astoria Hotel.

In the meeting room of the luxurious suite in the Waldorf Towers, Robert Iger just had a phone call with Los Angeles, and he took the time to check the latest stock market.

The assistant said: "Goldman Sachs's Lloyd Blankfein invites you to dinner together."

Robert Iger thought for a while, and said, "Give him back and I will treat him tonight."

The assistant answered the phone first, and then asked: "Is the stock market still moving?"

"Be calm, it's not time yet." Robert Iger glanced at the calendar and said, "They will still have a fall. Let the team prepare."

The assistant said: "Okay, I will go to communicate now."

Robert Iger’s gaze returned to the computer screen and stared at Twentieth Century Fox. The whole News Corporation was not the target. Both he and Ronan were very clear-headed and had the ability to entertain with the theory of relativity. It is impossible to swallow an entire News Corporation with a huge amount of money.

This may trigger a counterattack from the Murdoch family that hurts both sides, and it will push some of the boost into the hostile direction.

The economic crisis is still raging, and major companies are mainly self-protection. The external pressure of twentieth-century Fox will not be particularly high on Relativity Entertainment, but it is estimated that many people and companies will be unable to sit still when it comes to the entire News Corporation.

Most importantly, this may break the belly of relativity entertainment.

Twentieth Century Fox, the current goal of Relativity Entertainment!

Robert Iger knows very well that the weak link of relativity entertainment today 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. It owns Fox Pictures, Fox Television Production, National Geographic Channel, Fox Television Network, Fox Broadcasting, and Blue Sky. Fox News and many other branches composed of studios and print media.

Just like Relativity Entertainment, Fox in the entire twentieth century is composed of multiple branch companies engaged in multiple businesses.

The business of Fox in the 20th century can complement the advantages of Relativity Entertainment.

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

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

In 2008, the total operating income of Relativity Entertainment was as high as 34.2 billion U.S. dollars, the profit margin was as high as 27%, and the net profit was 9.2 billion U.S. dollars, ranking 192nd among the Fortune 500, and successfully squeezing into the United States. Top 50 list of money-making companies.

Among all the large and medium-sized companies in Hollywood, the nascent relativistic entertainment profit margin is the highest.

The entire News Corporation, including Twentieth Century Fox, has fallen from the US$62.3 billion before the economic crisis last year to less than US$50 billion because its stock prices have fallen again and again.

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

Looking at the volume of data alone, Relativity Entertainment is already above the entire News Corporation including Twentieth Century Fox.

But the company's strength cannot be calculated solely by data, otherwise Relativity Entertainment will 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 basically does not involve news media business in the UK, Australia and other overseas regions, and its volume only accounts for less than half of the entire News Corporation.

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.

But in Ronan’s eyes, limited to the socio-economic environment, currency devaluation, and future development, the volume of the 20th-century Fox that Relativity Entertainment faces is larger than the previous Walt Disney acquisition that cost more than 70 billion US dollars. , It's too low.

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

In ten years, many companies in the U.S. and even around the world have been injecting expander into the stock market. The rate of increase in market value can only be described as alarming.

Today, Relativity Entertainment still faces an excellent opportunity.

In order to calm the anger of the people, News Corp. had to announce the closure of "News of the World", a tabloid newspaper that had been in existence for 168 years, and died this week.

Affected by this, News Corporation’s stock price plummeted, and there was obviously someone short-selling News Corporation’s stock in the market. In just over a week, News Corporation lost nearly 10% of its market value.

Another obvious thing is that someone united with the vampires on Wall Street and quickly suppressed the stock of News Corp.

News Corporation, which was once infinitely beautiful, was completely plunged into wind and rain.

News Corp. has also taken numerous measures to save itself, but it is of no avail in the face of the general trend of people pushing down the wall.

With the deepening of the investigation, more and more British and American celebrities appeared on News Corp's eavesdropping list.

At the beginning of March, Scotland Yard in the UK and the FBI in the US announced a list of 6,000 eavesdropped people.

Every country in the world that has News Corp business has started relevant investigations.

The FBI subsequently summoned several News Corp executives and arrested the editor-in-chief of the "New York Post" and several managers.

Those close to News Corporation are also following bad luck. Blair is inevitably implicated in it. He has repeatedly suppressed News Corporation’s scandals. There is even evidence that there are quite a few unspeakable relations between him and News Corporation. Human secrets.

Subsequently, the FBI summoned Les Hinton, the top assistant who had served Rupert Murdoch for decades.

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

(In reality, the total market value of News Corporation, including its subsidiaries, was about $62 billion in 2009.)

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