Chapter 1132: Successive Blows

Fox Building, a meeting is underway.

Due to the box office fiasco of "Terminator 4", the management of Twentieth Century Fox faced difficulties, and the board of directors and some shareholders can only describe it as angry.

Because the operation of Twentieth Century Fox in the past two years has deeply damaged their interests.

This is no longer something that can be suppressed with a few words of explanation and moving out of the Murdoch family.

Seven successive first-line blockbuster film projects have hit the streets, and the opinions of shareholders and some directors are very strong, especially for the person who is currently actually in charge of Twentieth Century Fox.

"Mr. Murdoch, about Terminator 4, about Australia, about Dragon Ball and all these movies. ”

In the conference room, a white man with slightly gray hair asked James Murdoch, "Do you need an explanation for the board?"

Without waiting for James Murdoch to answer, the delegates from the shareholders' meeting followed up and asked: "Since you took office, all of Fox's major film production projects have failed, and the performance of Fox Online, which has been built with a lot of money, has not improved, but the stock price has fallen again and again!"

These words fell into the ears, James Murdoch was expressionless, including the film project and Fox Online, etc., strictly speaking, they were all the pots left by the previous one, but the predecessor had already let Jim Prologis and him buckle the cauldron and have to resign and leave, and these pots can only fall on the current one.

James Murdoch let out a light sulk and said, "Guys, listen to me, difficulties are only temporary......"

"Temporary?" another independent director asked rhetorically, "Is it really temporary?" The stock price is sluggish, the market has lost confidence, how can you recover?"

James Murdoch hurriedly said: "We are working on a new plan to get out of this situation soon, and the board and shareholders have to have confidence in the management that we will definitely get out of the current situation." ”

This kind of broad and vague rhetoric did not satisfy the board members and shareholder representatives present.

Another independent director looked serious and said very solemnly: "Mr. James Murdoch, I have discussed carefully with many members of the board of directors, since you came to Los Angeles and personally took control of Twentieth Century Fox, Twentieth Century Fox has been going downhill, the stock price has been falling, film and series projects have been frequent, the new streaming business Fox Online has made people see no future, and the relationship with major companies in the industry such as Warner Bros. and Relativity Entertainment has deteriorated, and you have fallen into the quagmire of disputes......"

Such a statement instantly made James Murdoch angry, are these his problems?

Anger boiled in his chest and emotions stirred up in his heart, but James Murdoch was not an inexperienced young man after all, and his years of experience at the helm of News Corp.'s British operations allowed him to remain calm enough, at least on the surface.

The independent director's words continued: "There are clear statistics that the total market value of Twentieth Century Fox has evaporated by more than 20 percent since you took office, and it continues to fall. Mr. James Murdoch, I have every reason to question, you ...... Not fit to be at the helm of Twentieth Century Fox. ”

The slightly gray-haired white man answered, "I agree with you. ”

The shareholder representative glanced at James Murdoch and said, "On behalf of the twenty-five shareholders, I propose to convene this year's shareholder meeting early. ”

James Murdoch's face gradually became gloomy, and he said: "I have received your opinions, and I will stop here for the time being, and the meeting will be adjourned!"

After saying that, he got up and left, and walked out of the conference room without looking back.

Instead of paying attention to the directors and shareholders in the room, James Murdoch was thinking about a recent trip back to New York to explain to his father the reality of Twentieth Century Fox.

This is not his responsibility, it is more of a historical legacy!

Well, he admits that because of his success in the UK, he did underestimate the entertainment industry in Hollywood and the United States, thinking that with his own abilities and the strong foundation of Twentieth Century Fox, it would not be difficult to succeed.

The results were far from ideal.

James Murdoch returned to his office, sat in his chair, thought for a moment, and frowned.

Something made him feel confused.

Although he had not been deeply involved in Hollywood and the entertainment industry in the United States before, he has adopted a relatively stable strategy since he joined the business of Twentieth Century Fox, and has not made any major moves at Twentieth Century Fox because of his new appointment.

Normally, Twentieth Century Fox should have had a smooth transition.

And he, the future heir to the Murdoch family, personally controls Twentieth Century Fox, which also brings greater support from News Corporation, and Twentieth Century Fox deserves to be better.

Even though Twentieth Century Fox participated in the company's acquisition of Time Warner, some of its resources were pressed on Time Warner's shares, but it was far from breaking its bones.

Twentieth Century Fox, however, faces far more predicament than he had anticipated before he took over twentieth century fox.

If you don't get it right, you'll really get out of twentieth century Fox and lose your old father's favor.

James Murdoch felt that he should come up with an explanation to give his father an explanation, and then come up with a good way to get Twentieth Century Fox through this difficult time.

With the support of News Corp and my father, 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 pushed open the door and walked in, holding a fax in his hand, with surprise and surprise on his expression, and beads of sweat could be seen on his forehead.

"What's wrong?" asked James Murdoch, "what do you look like in a panic!"

The assistant hurriedly said: "The latest news from the British side, in today's report, several media accused many of our media of using eavesdropping methods......

James Murdoch couldn't help but stand up and interrupted, "What?"

The Fleet Street guys have always liked to spread rumors, and James Murdoch will only laugh at other news, but eavesdropping is different, because in the years he was in charge of the British business, it was the tacit people under him who used this method to get the news.

The assistant's words were obviously not finished: "The British royal family has 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 his assistant, looked at it twice, and sat back in his chair: "How can this be?

The assistant didn't know how to answer his boss's words.

James Murdoch is not an ordinary person after all, he is very crazy and suppresses a trace of panic in his heart, forcibly calms down, and there is still a possibility that things can be saved.

A few small media outlets, Fleet Street has always been equated with rumor-mongering, and with News Corp.'s media operations in the UK, it is not much of a problem to frame them.

As for the royal family and William, this is a bit troublesome, but it is not impossible to solve, after all, there is no power in the name.

However, after all, this is the most famous royal family in the world, and its own influence cannot be underestimated.

In this way, it is impossible to solve the rumors, let alone send the British royal family and William.

Only threw a few substitutes out for the dead.

This kind of thing needs to be done as soon as possible, not for too long, and the deeper it is dug up, the greater the chance of digging up more fierce material.

James Murdoch quickly decided: "Let The Sun find two paparazzi around the neighborhood and give them enough money to admit that the eavesdropping is a voluntary act, and they will bear the blame." Then, let several media involved come forward to apologize, and make appropriate private compensation, which should be resolved as soon as possible. ”

The assistant said, "Okay, I'll go and get in touch." ”

Throwing the pot, especially the pot on the head of the little people, is undoubtedly the best way.

As long as you pay enough money, it is not difficult to find the person who is behind the blame, and there may be many people who will rush to take the blame.

The assistant was just about to leave, when the mobile phone suddenly rang, it was a work phone, and he quickly took it out and took a look.

"Take it. James Murdoch said.

After answering the phone, just after saying a few words, the assistant's face changed instantly, as if he had encountered a major change.

James Murdoch was mentally exhausted by the toss today, looking at the assistant's slightly stiff expression, could something have happened?

The assistant hung up the phone and said to James Murdoch: "BOSS, just ...... I ......"

He took a deep breath, calmed himself, and said: "The latest news, Relativity Entertainment held a press conference this morning, claiming to hundreds of media outlets that the phones of Relativity Entertainment and Ronan Anderson, as well as Ronan Anderson's girlfriend Jessica Felton, were tapped, and some evidence was presented on the spot. They have officially filed a report with the police and the FBI, and according to that part of the evidence, the target is faintly twentieth Century Fox and ......"

The assistant looked at James Murdoch: "And you personally." ”

The fax in his hand fell to the ground, and James Murdoch was stunned for a moment and said, "Didn't I ask you to withdraw the people?"

"Last time, the last time the acquisition of Time Warner failed. The assistant cautiously reminded: "You asked me to send people out again so that I can collect information and try to entertain the theory of relativity in the future." ”

James Murdoch instantly realized the seriousness of the problem, which was much more serious than tapping the phone of a British prince, and couldn't help but stand up and walk around anxiously.

"What should I do?" he said, "What should I do?"

The assistant is silent, and he doesn't know what to do when he is the boss, but he is a little assistant, how can he know what to do?

In just one morning, a series of incidents continued one after another, James Murdoch was really a little panicked, and finally came up with a killer idea: "I'm going to call New York, and my father will definitely have a way." ”