Chapter 1134: The General Trend

"It's falling!"

"It's falling!"

"It's falling again!"

"Plummeting!"

It's another ordinary trading day, the New York Stock Exchange on the south side of Wall Street is no longer the deserted it was some time ago, and many people are keeping an eye on News Corp and Twentieth Century Fox stocks, as if they have become the saviors of Wall Street.

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

It is also this small group of people who watched the "buggate" scandal break out between News Corp and Twentieth Century Fox, stared at the stock price that plummeted because of "bugginggate", and then reaped the benefits as much as possible to push News Corp and Twentieth Century Fox further into the abyss.

The News of the World was banned indefinitely, because the authorities launched an investigation based on the tangible evidence they already had, many of News Corp's media outlets were semi-paralyzed, and even the Fox Building, the headquarters of Twentieth Century Fox, was also occupied by a group of personnel from the FBI and the Department of Justice, and its normal operations were seriously affected.

In addition, the market and investor confidence have taken a hit, and News Corp.'s stock price has fallen again and again.

"The good news is that things are going as expected. ”

In a VIP room, a senior manager at Goldman Sachs spoke on the phone with Lloyd Blankfein: "As things stand, we must reach the point we expect." News Corp and Twentieth Century Fox will suffer a major setback this time, and it will be difficult to get out of the predicament in the short term, and it will not be possible to get ......"

The latter words are not said, but the meaning is obvious, the Murdoch family is too crazy, this is to kill 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 scrutinized their phone and email, adopted the latest encryption methods, and Goldman Sachs even stipulated that important decisions and plans should not be communicated by phone or webmail during the recent period, and must be handled face-to-face.

Goldman Sachs also can't guarantee that they have not been eavesdropped on by the Murdoch family's group of crazy people, after all, many of the exciting news that broke out in the Wall Street Journal in the past are really unrelenting.

He admires it a little, the Murdoch family is really stronger from generation to generation, James Murdoch is super bold, and even the world's richest man and the current Prime Minister of the United Kingdom dare to eavesdrop.

It's no wonder that News Corp. and Twentieth Century Fox's media have always received great news, with newspaper sales rising and television ratings soaring, and in just 20 years, they have grown from a local media company in Australia to the world's leading entertainment media group.

Not so far from the New York Stock Exchange, Lloyd Blankfein sits in his office, enjoying a hot cup of coffee, and has never been in a better mood in recent months.

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

Either way, if all goes well, Goldman Sachs will have a much better time.

Whether News Corp and Twentieth Century Fox will be more upset by this is out of his mind.

The Murdoch family is so crazy that people all over the United States have a chilling feeling.

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

Thinking about the possibility of eavesdropping on some of the past leaders, Lloyd Blankfein felt that the Murdoch family had to learn a profound lesson.

Goldman Sachs does not have the ability to kill the Murdoch family, but it is not difficult to unite a number of companies to make the Murdoch family vomit blood.

Lloyd Blankfein suddenly thought of Ronan Anderson and Relativity Entertainment, and judging from the development of events, it seems that they had been prepared for a long time, probably aware of James Murdoch's eavesdropping on Ronan Anderson a long time ago, and then used this as a basis to develop a huge plan to turn the disadvantage into an advantage.

Ronan Anderson is a very forbearant man, and Goldman Sachs also needs to be more vigilant against him.

If nothing else, Relativity Entertainment will be one of the biggest winners of this time.

Waldorf Astoria Hotel, Park Avenue, Manhattan.

In the conference room of the luxurious suite of the Waldorf Astoria Tower, Robert Iger had just spoken to Los Angeles on the phone, and he had seized the time to take a look at the latest stock market situation.

The assistant said next to him: "Lloyd Blankfein of Goldman Sachs asked you to dine with you in the evening. ”

Robert Egger thought for a moment and said, "Give him a reply, I'll treat you in the evening." ”

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

"Calm down, it's not time yet. Robert Iger glanced at the calendar and said, "They're going to have a ** drop to get the team ready." ”

The assistant said, "Okay, I'll go and communicate." ”

Robert Iger's eyes returned to the top of the computer screen, staring at Twentieth Century Fox, the entire News Corp. was not the target, he and Ronan were very clear-headed, and with the ability to entertain with the theory of relativity, even if they pulled the pick-up man and huge sums of money from the other side of the Pacific, it was impossible to swallow the entire News Corp.

This could trigger a lose-lose counterattack by the Murdoch family, and it could push some of the help in a hostile direction.

The economic crisis is still raging, and major companies are focusing on self-preservation, and the external pressure on Relativity Entertainment to eat Twentieth Century Fox will not be particularly large, but when it comes to the entire News Corporation, it is estimated that many people and companies will not be able to sit still.

On top of that, it could burst the belly of relativity entertainment.

Twentieth Century Fox, the goal of relativity entertainment at this stage!

Robert Iger is well aware of the weakest link in Relativity Entertainment today, and that is the media business.

As News Corp.'s largest subsidiary, Twentieth Century Fox is not just a film and television entertainment company, but also a media company, with Fox News subsidiaries including Fox Films, Fox Television Productions, National Geographic Channel, Fox Television Network, Fox Radio, Blue Sky Studios and print media.

Just like Relativity Entertainment, the entire Twentieth Century Fox is made up of several branches that are engaged in multiple businesses.

Twentieth Century Fox's business can complement Relativistic Entertainment.

Robert Iger is confident, and years of planning and Relativity Entertainment's ample capital are enough to support this huge acquisition.

Relativity Entertainment's performance in recent years has given Robert Iger plenty of confidence.

In 2008, Relativity Entertainment's total operating income was as high as 34.2 billion US dollars, with a profit margin of nearly 27 percent, and a net profit of 9.2 billion US dollars, ranking 192nd among the world's top 500 companies, and successfully squeezing into the top 50 list of the most profitable companies in the United States.

Of all the large and medium-sized companies in Hollywood, the nascent Relativistic Entertainment has the highest profit margin.

The total market value of News Corp., including Twentieth Century Fox, has fallen from $62.3 billion before the economic crisis last year to less than $50 billion because its stock price has fallen again and again.

In 2008, the Fortune Global 500 ranked 281st for the entire News Corporation, with revenues of $27.2 billion and net profits of $5.3 billion.

Looking at the volume of the data alone, Relativity Entertainment is already above the entire News Corp., which includes Twentieth Century Fox.

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

As a subsidiary, Twentieth Century Fox is less than half of the news corp. because it is largely involved in the news media business in the United Kingdom, Australia and other parts of the world.

This is still a huge deal in front of Robert Iger and the largest acquisition plan in the history of Relativity Entertainment.

But in Ronan's eyes, limited to various reasons such as the socio-economic environment, currency depreciation and future development, the size of the twentieth Century Fox faced by Relativity Entertainment is much lower than that of Walt Disney's acquisition of more than $70 billion.

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

In the past ten years, many companies in the United States and even the world have injected bulking agents into the stock market, and the speed at which their market value has risen can only be described as amazing.

Today, Relativity Entertainment is facing an excellent opportunity.

In an effort to quell popular anger, News Corp had to announce the closure of the News of the World, a 168-year-old tabloid that had died this week.

As a result, News Corp.'s stock price plummeted, and it was obvious that someone in the market was shorting News Corp.'s shares, and in just over a week, News Corp. evaporated nearly 10 percent of its market value.

Another obvious thing is that someone has joined forces with the vampires of Wall Street to quickly suppress News Corp's stock.

News Corp., once a glorious company, has completely fallen into the storm.

News Corp. has also taken many measures to save itself, but in the face of the general trend of the wall falling and everyone pushing, it is to no avail.

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

In early March, Scotland Yard in the United Kingdom and the FBI in the United States published a list of 6,000 people who had been tapped.

Every country in the world where News Corp. has operations has started a related investigation.

The FBI subsequently subpoenaed a number of News Corp. executives and arrested the editor-in-chief of The New York Post and several executives.

Those who are close to News Corp. are also following the bad luck, and Blair is inevitably implicated, he has repeatedly suppressed News Corp scandals, and there is even evidence that he has quite a lot of ulterior secrets with News Corp.

Subsequently, the FBI subpoenaed Les Hinton, Rupert Murdoch's number one aide for decades.

The investigation into the incident began to point directly to the Murdoch family and Rupert-Murdoch himself.

(In reality, the combined market capitalization of News Corp., including its subsidiaries, was about $62 billion in 2009.) )