Chapter 423: First Hearing of Murdoch

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Murdoch wasn't Japanese, he was a pretty shrewd businessman, or he wouldn't have made a news kingdom. Pen ~ fun ~ pavilion www.biquge.info so it is obviously unrealistic to expect him to behave like a local tyrant like the Japanese. The Japanese are arrogant enough to buy and buy everywhere in this era, that is because they are rich and willful now, but Murdoch is different, even Li Mingbao has never dealt with this person before, but just looking at some information, I also understand that he is a rather calculating businessman, and it is difficult to expect him to buy and buy.

But it is such a person, but he prefers to buy the now overvalued Twentieth Century Fox Company, and Li Mingbao really does not understand such behavior. But if you don't understand, you don't understand, the truth is like this, Li Mingbao has no place to reason. And until now, Li Mingbao can't tell his guess, because John doesn't know that he has understood what kind of group he wants to buy Twentieth Century Fox. So in order to make it easier to talk later, Li Mingbao also had to start with this topic.

"The price that can make you feel like John, it doesn't seem simple. Especially now Twentieth Century Fox, the price is quite high. What group has so much capital? You don't mind talking about it, do you? Li Mingbao pretended to be curious and asked.

"It is indeed a very capitalized group, although he was not very famous in the United States before this, but the energy of this group in other regions is quite huge. News Corp, I don't know if you've heard of it? John asked at Li Mingbao.

"News Corp? It can't be Murdoch's big guy's company, right? If it were really them, it would not be difficult to buy your Twentieth Century Fox, and they would really have the financial resources to pay the price that would satisfy you. Li Mingbao heard John's words and pretended to be surprised.

"So you know News Corp, too? I thought you didn't know. After all, this bloc is not the American bloc, and in the East, there is no power. I thought I'd explain it to you, but since you know this group, it saves me a lot of effort. It is indeed this group that negotiates with our company this time. Their strength has definitely reached the ranks of the world's top 500, and it is not difficult for them to acquire our company. John also said with some surprise.

"I'm an insider, although I have little to do with the news industry, but the big news groups in the world that I can know, News Corp is just one of them, or the most famous group, after all, the British "Times" was only acquired by them two years ago, and I am in Hong Kong, and the British are relatively close, so it is not surprising that I know this group." Li Mingbao said naturally.

Hearing Li Mingbao's explanation, John also believed it. After all, Hong Kong is still a British colony, and the British "Times" has a very high status in the hearts of the British, and it is not uncommon for Hong Kong to know the details of the News Corporation.

"This group has a very good appetite, and their boss Murdoch is also a genius, it's hard to believe that the power they started out with is just an Australian tabloid, and it can take decades to get such a tabloid to its current scale, Murdoch's ability, even if it is put on the side of the United States, is a pretty good figure, no, it should be said that he is a legendary figure.

Of course, Mr. Li, your experience is also legendary, if you were a white man, I am afraid that there will be more people in the United States who like you now, and the treatment you get will definitely not be worse than Murdoch. In just four years, you have gone from being penniless to now being worth nearly a billion dollars, and your experience is also legendary. Compared to your achievements, I can only envy them. John said with some emotion.

"Mr. John, you really won the award, I can have the current results, in fact, a big reason is that I am very lucky, the timing of development is very good, there are many coincidences, many minutes, I can have the current wealth.

On this topic, we don't need to say more, but if it was Murdoch, I find it hard to believe that he would buy the current Twentieth Century Fox Company, after all, he is a rather shrewd businessman, and the current Twentieth Century Fox Company, to tell the truth, is definitely not as strong as the estimate. Such a deal, in my opinion, is quite uneconomical, and I find it hard to believe that a shrewd businessman like Murdoch would choose to buy Twentieth Century Fox over other Hollywood giants. Li Mingbao said this, in fact, he didn't give John face, after all, saying to his face that Twentieth Century Fox was not a good choice, and it was an embarrassing thing for the boss of this company.

However, Westerners are not as secretive as Easterners are on this issue, and unless it concerns their actual interests, they are very open on these issues.

"Indeed, normally speaking, Twentieth Century Fox is actually not the best acquisition choice, after all, the stock price of Twentieth Century Fox is now very inflated because of the North American box office, and the actual strength of the company cannot reach such a height, with great accidents, and there are many bubbles. As long as you are a sensible person, you know that the stock price of Twentieth Century Fox is actually a bit floating, and speculation is okay, and it is not a good idea to buy it. John told the actual situation of his company with a smile.

But it is an indisputable fact that Mr. Murdoch did want to buy Twentieth Century Fox. Shooting at the highest stage, for you, John, is definitely a hundred benefits and no harm. But I don't understand why Murdoch would do this, it's not in line with his interests. Li Mingbao threw out this question.

"If it were a different person, I wouldn't like to tell him some things about it, but for you, Mr. Li, I don't mind telling you some more unique news, because there may be more cooperation between us, before the acquisition is completed." John said with a smile on his face.

"I want to hear about it." Li Mingbao asked with curiosity.

"It's hard for the average person to understand this issue, even at the beginning, I couldn't understand why Mr. Murdoch did it, but in the negotiation process, I understood Mr. Murdoch's approach. To put it bluntly, he doesn't really care about the loss of the premium, or even the loss of the premium, he has already considered it, and on this premium, for News Corp., the advantages outweigh the disadvantages, so he will cooperate with our Twentieth Century Fox.

Mr. Murdoch is a shrewd businessman, and likewise, his profession has also given him a deep study of the nature of journalism, and he has been able to grow a tabloid into its current size in just a few decades for an important reason, and that is hype.

Can the newspaper "The Times" really be worth 12 million pounds? I can't see it. After all, the influence of this newspaper cannot be said to be very global, that is, in the British Commonwealth, it has a great influence, and the real industrial scale is actually like that, but he spent so much money to buy the "Times", the purpose is actually very simple, that is, propaganda.

Before their group bought The Times, the name News Corp. was actually not very well-known, even if they had basically completed the monopoly of the Australian press before, and they were making quite good progress in other countries, even on the British side, they had considerable influence.

But even so, they are not the first-class newspaper companies in the world. However, after the acquisition of the "Times", their influence in the newspaper industry suddenly reached the height of first-class and completed a qualitative leap. So even if the Times gave a high price, they actually made money, because after having this newspaper, their heritage became completely rich.

And the acquisition of our Twentieth Century Fox company, News Corp. also has this hyped idea. The actual price of our company is indeed lower than the quotation, but the exposure rate of our company in the last one or two years is incomparable to other giant companies. This is even more obvious for a News Corporation, a group that specializes in creating topics, and our company's advantage over other companies. As long as our myth is not shattered by other companies, then they will continue to get this kind of publicity bonus, and by buying our company, they are also making their own voice heard in the United States, which is that News Corp. has come to the United States.

For a press group that has conquered Europe, if they can conquer the American market again, they will be able to completely become a global news group, and crush other press groups, so that their confidence will be more sufficient. In such a situation, even if our quotation from Twentieth Century Fox is higher than the actual value, those of them who do news will feel that it is very cost-effective, for them, the topic is the key to survival, as for other things, it is secondary. So Mr. Lee, you now understand why both me and Murdoch are so happy about this acquisition, right? In one breath, John made this clear to Li Mingbao, and also made Li Mingbao understand that the interests of News Corp. are actually different from the interests in his own eyes.

"If that's the case, then I finally understand why Mr. Murdoch, such a shrewd man, would choose Twentieth Century Fox to attack. We don't care about the point of interest, it is the most important thing for him, and by acquiring Twentieth Century Fox, they will have a lot of advantages when they enter the American market. Especially in terms of topicality, among the giant Hollywood companies now, only you Twentieth Century Fox have the most topics. In this regard, even if the premium is lost, they can get it back from other aspects, forming a win-win situation. For the wrists of these old foxes, Li Mingbao is quite admired.