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American Fortune Life - Chapter 1941

Published at 7th of November 2021 07:48:17 AM


Chapter 1941: 1941

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To be honest, Andy, including the founder, didn't expect that his own fire would burn to the current level, nor did Rupert Murdoch.

As early as the end of 2006, the eavesdropping incidents have been exposed in succession, but under the public relations of News Corporation, things did not cause too much Bo LAN. This time, however, Andy Smith's fire was like a prairie fire, and all kinds of black materials about News Corporation were exposed.

At this time, people found that in addition to the British princes and nobles, celebrities. Dignitaries in politics, victims of murder and even the families of the victims of the "7.7" bombing in London in 2005, and the families of the victims of 911, etc., have all become the target of eavesdropping on this newspaper. The incident has finally aroused public anger. Everyone is aware of the possibility of becoming a victim, which also makes the British and American people jointly issue the question of "where is the conscience of the media"!

However, as the incident intensified, the attitude of Murdoch himself and the multimedia flagmen of his empire in the face of the eavesdropping scandal made people even more angry.

The sun, the tabloid of the "buy news" scandal, shows few signs of scandal, while some serious media have not avoided the scandal, but they are more sympathetic to their boss Murdoch when reporting, and the Wall Street Journal accused critics of "double standards" in wiretapping.

Although the times, like other media outlets, scrolls through the latest developments in the hacking scandal on its website. However, the times report focuses on describing Murdoch as a weak man under attack...

The Wall Street Journal has almost become a rumor busting tool, claiming that international news companies are suspected of bribing British police, initially from a rival newspaper, "quickly magnified by the media without confirmation".

And took over the function of spokesperson, reiterating that news corporation "has not found any indication" that there is any connection and similarity between the British branch of the company and its U.S. branch "in the events, allegations, actions taken".

However, these did not stop the anger of people in Washington and London. More and more US lawmakers expressed concern about the eavesdropping and urged the FBI to investigate whether the call records of the victims of September 11 were eavesdropped. Some civil society groups directly proposed a hearing in Congress on the news corporation's newspaper hacking.

Of course, the media opposed to Murdoch group will not miss the opportunity to fully track all details and progress of the eavesdropping scandal. To be honest, Andy really didn't use too much resources in the direction of public opinion, so he reached the point where all Murdochs were enemies.

In fact, this is also very understandable. Over the years, the huge news group has made many enemies in the merger and acquisition events and the change of party support. The national Crusade, the United States and British political coincidental pressure at the same time, seems to mean that Murdoch and News Corporation are gone, the world media will enter the "post Murdoch era", no one does not want to take a share in the future.

The guardian, the daily telegraph, the independent Li, the daily mail, the New York Times and the Los Angeles Times all continue to dig for the eavesdropping scandal in the important positions of websites and newspapers. The discovery of police leaks and other scandals by Duli newspaper has made news corporation more and more passive. The daily mail was once the most direct rival of the news of the world and the sun. After the scandal broke out, the daily mail directly used the title of "Murdoch trial day" to attack its rivals...

Legendary media mogul Rupert Murdoch has failed.

Fall from a high place and fall to the ground.

The Washington Post directly claimed that if Murdoch's "eavesdropping" incident proved to be his inspiration or his knowledge, Murdoch would not only lose his lifelong news group, but also may go to jail.

Murdoch's failure is not only due to his rebellious culture, but also his arrogance.

As a world-renowned business tycoon, his hot relationship with the country's top political figures makes him a terrible political figure. British politicians love and fear him. All previous prime ministers regard him as a guest, making fun of aoguanhai in private more than once, and claiming that he is not black at all... In the past, all kinds of success brought about his arrogance, strength and stubbornness.

However, he never seemed to think that news corporation's monopoly position in Britain and its strength in the United States had destroyed the foundation of maintaining people's livelihood and information freedom in British and American society.

It may be Andy's selfish heart that the extreme is the opposite of the extreme. But the response of other newspapers in the same industry is to prevent the unimaginable monopoly of public opinion in the future. But now the high-level politicians in Britain and the United States are reluctant to be with him, which shows that they are more reluctant to be a pawn in Murdoch's political resource pool.

At that time, there was a very high voice in Britain. He thought that Murdoch had too much influence on British politics and public life. He called for the revision of media ownership laws and the split of news group.

As soon as this voice came out, Murdoch couldn't be arrogant any more. Breaking up News Corporation was undoubtedly the foundation of the Empire completely destroyed, which he could not accept in any way. Therefore, he recognized and planted it in the soil that made him a great success. He overused the soil that made him profit, and was finally abandoned by the soil.On August 12, newspapers in the United States and Britain published an apology letter from Rupert Murdoch, chairman of News Corporation. In his letter, he wrote that News Corporation deeply regretted a series of serious wrongdoing and victims that had occurred, and regretted that the eavesdropping incident had not been resolved as soon as possible. He added that apologies alone were not enough. In the future, News Corporation will solve the problem on the ground and try to make up for the loss. Please wait and see...

On August 13, News Corporation announced that its board of directors had approved a share buyback plan totaling $5 billion. News Corp. 's buyback is significantly larger than the planned $1.8 billion. News of the world's stock market has shrunk by $7 billion in the past few trading days as investors worry that news of the world's suspension will have further negative effects on News Corp. On April 12, the stock fell 7.6% again, the biggest one-day decline since April 2009.

"Ha --"

"Wow!"

Andy Smith, who has returned to New York, sits in the boss's chair in the spacious office of the classic and luxurious Rockefeller Center, closes the unfolded newspaper in his hand, and then folds it and throws it on the desk. The curve of his mouth can show how happy he is at this time.

"Repo plan... Ha ha, there is no such a simple good thing to get you out of trouble! "

Dong Dong -

"boss, Mr. Vitelli is here."

Andy looks at the assistant, nods and says, "let him in."

After that, Andy stands up from the boss's chair, goes to the clothes rack aside, takes off the light suit and puts it on.

"Boss." Al walks into the office and shouts when he sees Andy.

"Are the materials ready? Let's go, we said on the way Andy first asked, then looked at the time, said and walked out.

"It's all ready." Al followed suit.

"Well, that's good."

Andy walked into the elevator with alvette and his assistants and bodyguards. He smiled and said to alvette, "did you read the newspaper this morning? News Corporation claims that their market value has shrunk by 7 billion. Unfortunately, we have made less than 2 billion. "

As for his boss's Schadenfreude, Al can only laugh and shake his head. If the market value is reduced by 7 billion US dollars, it doesn't mean that news group has lost 7 billion. Many people confuse the "how much" of the stock with the "actual money", and they will feel that when the stock falls, how much money is missing.

In fact, in the process of liquidity, continuous buying and selling are amortized, while the total amount of market liquidity is unchanged. In fact, the so-called evaporated money and the money lost by the shareholders of the low-cost listed companies are finally reduced and cashed out by the high-ranking shareholders; they are made by the investment experts such as institutions, hot money, hot money, etc.; of course, there are also very few retail investors who buy at the low position and sell at the high position to make a big profit; finally, the countries and securities companies that protect their income from drought and flood earn stamp tax, commission, and excess Household fees, etc.

So this time, their short action against News Corporation is undoubtedly very successful. It can definitely be said that they made a lot of money.

However, his boss seems to be still a little dissatisfied, ready to give News Corporation a fatal blow in the end.




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