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Chapter 1134 The general trend

The text volume of the Best Entertainment Times is "falling!"

"It's falling!"

"It fell again!"

"Plump!"

It's another ordinary trading day. The New York Stock Exchange on the south side of the corner of Wall Street is no longer the deserted time ago. Many people are staring at the two stocks of News Corp and Twentieth Century Fox. It seems that they have become the saviors of Wall Street.

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

It is also this small group of people who watched the "eavesdropping gate" scandal broke out in News Corp. and Twentieth Century Fox, stared at the stock price that had plummeted because of the "eavesdropping gate", and then gained as much benefits as possible, pushing News Corp. and Twentieth Century Fox into the abyss.

Official actions against News Corp. and Twentieth Century Fox have emerged one after another. The News World was banned indefinitely because the official investigation was based on the tangible evidence it had already obtained. Many media under News Corp. were in a semi-paralyzed state. Even the Fox Building, the headquarters of Twentieth Century Fox, had a group of FBI and the Justice personnel from the Ministry of Justice, and their normal operations were seriously affected.

In addition, market and investor confidence were hit hard, and News Group's stock price fell again and again.

"Good news, things are going as expected."

In a VIP room, a senior manager from Goldman Sachs spoke with Lloyd Blankfein on the phone: "As far as the situation is concerned, it will definitely reach the node we expect. News Group and 20th Century Fox will encounter major setbacks this time, and it will be difficult to get out of the predicament in the short term, so it will be difficult to get out of it, and it will not be done well..."

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

This has crossed the bottom line of government and society.

After the incident broke out, even he and Lloyd Blankfein carefully checked their phones and emails and adopted the latest encryption methods. Goldman Sachs even stipulated that in the recent period, important decisions and plans must not be communicated with online emails through telephones and must be handled face-to-face.

Goldman Sachs cannot guarantee that they have not been eavesdropped on by the madmen of the Murdoch family. After all, many of the explosive news published in the Wall Street Journal in the past are really heartbroken.

He was a little impressed that the Murdoch family was really stronger than the next generation. James Murdoch was extremely brave. Even the richest man in the world and the current British Prime Minister dared to eavesdrop.

No wonder News Group and Twentieth Century Fox media always get explosive news, newspaper sales are rising steadily, and TV station ratings are rising again and again. In just 20 years, it has grown from a local media company in Australia to a world-class entertainment media group.

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

News Corp and Twentieth Century Fox are definitely a touch of warm sunshine in this economic winter.

No matter what, if everything goes well, Goldman Sachs will have a much better life.

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

The Murdoch family is so crazy that it makes people in the United States feel chilling.

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

Thinking that some past names might have been eavesdropped on, Lloyd Blankfein felt that the Murdoch family must learn a profound lesson.

Goldman Sachs did not have this ability to kill the Murdoch family, but it was not difficult to join forces with multiple companies to make the Murdoch family vomit blood once.

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 eavesdropping on Ronan Anderson a long time ago, and then used this as a basis to formulate a huge plan to turn disadvantages into advantages.

Ronan Anderson is a man who can tolerate it, and Goldman Sachs also needs to be more vigilant about him.

If nothing unexpected happens, Relativity Entertainment will become one of the biggest winners of this time.

Manhattan Park Avenue, Waldorf Astoria Hotel.

In the conference room of the luxurious suite in the Waldorf Tower, Robert Eiger had just been on the phone with Los Angeles and seized the time to check out the latest stock market.

The assistant said from the side: "Goldman Sachs' Lloyd Blankfein asked you to have dinner together tonight."

Robert Eiger thought for a while and said, "Reply to him, I'll treat you tonight."

The assistant first called back and then asked, "Isn't the stock market still moving?"

"Stay calm, it's not time yet." Robert Egg glanced at the calendar and said, "They'll have another drop to prepare the team."

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

Robert Iger's eyes returned to the computer screen and stared at Twentieth Century Fox. The entire News Corp. was not the target. He and Ronan were very clear-headed. With the ability of relativity entertainment, even if they were able to pull the buyer and huge amounts of funds from the other side of the Pacific, they would not be able to swallow the next News Corp.

This may trigger a counterattack from both sides of the Murdoch family, and will push some of the help to the hostile direction.

The economic crisis is still raging, and major companies are mainly self-protection. Relativity Entertainment will not have much external pressure to eat 20th Century Fox, but when it comes to the entire News Group, it is estimated that many people and companies will not be able to sit still.

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

Twentieth Century Fox, the current goal of Relativity Entertainment!

Robert Iger is very aware of the weak link in Relativity Entertainment today, that 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 many branches including Fox Pictures, Fox TV Production Company, National Geographic Channel, Fox TV Network, Fox Radio, Blue Sky Studio and paper media.

Just like Relativity Entertainment, the entire Twentieth Century Fox is composed of multiple branches that engage in multiple businesses.

Twentieth Century Fox's business can complement the advantages of relativity entertainment.

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

Relativity Entertainment's performance in recent years has given Robert Eiger sufficient confidence.

In 2008, Relativity Entertainment's total operating income reached US$34.2 billion, profit margin reached nearly 27%, and net profit of US$9.2 billion, ranking 192nd among the top 500 companies in the world, and successfully squeezed into the top 50 most profitable companies in the United States.

Among all the large and medium-sized companies in Hollywood, the profit margin of freshman relativity entertainment is the highest.

The entire News Group, including Twentieth Century Fox, has fallen again and again, and its total market value has dropped from US$62.3 billion before the outbreak of the economic crisis last year to less than US$50 billion.

Among the Fortune World Top 500 in 2008, News Group ranked 281st, with revenue of US$27.2 billion and net profit of US$5.3 billion.

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

But the company's strength cannot be calculated simply by data, otherwise the Relativity Entertainment would not have to do so much work and do so many things to weaken the strength of the entire News Corp and the Murdoch family.

As a subsidiary, Twentieth Century Fox basically does not involve news media businesses in the UK, Australia and other regions overseas, and its size only accounts for less than half of the entire News Corp.

This is still a huge deal in front of Robert Egg and is also the largest acquisition plan ever made by Relativity Entertainment.

But in Ronan's eyes, due to the social and economic environment, currency depreciation and future development, the 20th Century Fox faced by Relativity Entertainment is much lower than the acquisition case that Walt Disney spent more than $70 billion.

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

In ten years, many companies across the United States and even the world have been injected with puffers into the stock market, and the speed of market value growth can only be described as amazing.

Nowadays, Relativity Entertainment is still facing an excellent opportunity.

In order to calm the anger of the people, News Corp had to announce the closure of the News of the World, a tabloid that had been going on for 168 years, died this week.

Affected by this, News Corp's stock price plummeted, and there were obviously people in the market who were shorting News Corp's stocks. In just over a week, News Corp's market value evaporated by nearly 10%.

Another obvious thing is that someone united the vampires on Wall Street who changed their minds and quickly suppressed News Corp's stock.

The once glorious News Corporation has completely fallen into storms.

News Group has also taken many measures to save itself, but it is useless in the face of the general trend of falling down the wall and pushing everyone.

As the investigation deepens, more and more British and American celebrities appear on News Corp's eavesdropping list.

In early March, the British Scotland Yard and the US FBI successively released a list of eavesdropped people with a total of up to 6,000 people.

All countries around the world with news group business have begun related investigations.

The FBI then summoned several News Corp executives and arrested the editor-in-chief of the New York Post and several administrators.

Those who have close ties to News Corp are also in trouble, and Blair is inevitably involved. He has suppressed the News Corp scandal many times, and there is even evidence that there are quite a lot of ulterior motives between him and News Corp.

The FBI then summoned Rice Hington, the number one aide who served Rupert Murdoch for decades.
Chapter completed!
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