Isn’t the default attitude also indulging?

When Fox and News Corp. discovered that they had eavesdropped on a well-known figure and got big news, the people not only did not criticize them, but also took the initiative to smooth out the beginning and end. Will he have the next time?

And will the next goal be further?

These are all obvious. When converted to ordinary people, it is like a crime.

But understanding this principle does not mean that one has to feel guilty and give up one's own major interests.

Rupert Murdoch was at a high position all year round. This kind of proactive peace and even apologizing for compensation may be the first time in nearly twenty years. Even if he is old enough and has rich experience, he couldn't help but his tone turned cold: "I understand what you want? You think too much, your appetite cannot support your greed, and News Group will not give up on Twentieth Century Fox..."

Ronan was not surprised by this and said: "Rupert, many of the difficulties faced by News Corp can be solved with money. As long as the compensation is given enough, the best result of the British and American governments is also huge fines. Because of the economic crisis and the failed acquisition of Time Warner, News Corp and Fox are both short of funds. At this time, who is willing to support your huge amount of funds?"

Rupert Murdoch said: "Give up, Ronan. I won't accept your conditions."

Ronan said calmly: "This is a fair deal, not to let News Group give Foxes to Relativity Entertainment at no cost. Relativity Entertainment will formally purchase 20th Century Foxes. If you are interested, we can take a premium purchase."

"What?" Rupert Murdoch suspected that he had heard it wrong.

Ronan said again: "With a premium of 5% of the market price that day when we reach an agreement in the future."

Rupert Murdoch's face turned a little dark: "This is what you call a fair deal? First, use many means to suppress the stock prices of Fox and News Group, and reduce the stock price by more than 30%, and then use this so-called premium acquisition?"

The shameless face of this young man was so unbearable to him.

Ronan spread his hands and said, "So, News Corp needs to hurry up. The sooner it can reach an agreement with Relativity Entertainment, the smaller the losses will be. What is the situation now, Rupert, you know better than me."

Rupert Murdoch was silent for a moment, because the situation would worsen over time.

But for sale of Twentieth Century Fox…

"Let's go here today." Rupert Murdoch tried his best to take the initiative. While saying goodbye, he said: "Ronan, my conditions will be valid within this month. If you figure it out, you can contact me at any time."

Ronan replied calmly: "Rupert, what I said will be effective until the end of the month. Next month... well, it may not be such a good condition."

Rupert Murdoch glanced at Ronan and said nothing.

Jessica Felton and Mrs. Murdoch also returned to the reception room at this time. Both sides shook hands briefly. Ronan and Jessica Felton sent Murdoch and his wife out of the club together.

Watching the Murdoch and his wife walk out of the club gate, Jessica Felton asked Ronan with concern: "How is the conversation?"

Ronan smiled and said, "It went smoothly, almost the same as expected."

Jessica Felton instantly understood: "Rupert Murdoch didn't give up?"

"No." Ronan walked towards the reception room just now, and waited until Jessica Felton followed, saying: "This is all expected. Rupert Murdoch has experienced countless storms in his life and will not compromise easily. If the situation does not deteriorate to a certain extent, it is impossible to agree to the purchase of Relativity Entertainment."

Jessica Felton nodded slightly: "I hope there will be a good result in the end."

She couldn't help with this, so she could only distract Mr. Luo Nan, at least she would not cause any drag.

"No more about News Corp." Ronan turned and asked, "How are you talking to Mrs. Murdoch?"

Jessica Felton suddenly laughed: "Mrs. Murdoch is very interesting, not an ordinary person." She thought for a while and said: "She is good at finding common topics and is a social expert. I am far inferior to her in this regard."

Ronan has seen the experience of that compatriot who was once, and it is really amazing to be able to climb to his current status step by step.

Unfortunately, the man who didn't know what was going on actually fell in love with Blair.

Rupert Murdoch broke down with Ronan, but did not leave Los Angeles, but instead took over all the business of Twentieth Century Fox.

James Murdoch, who was previously regarded as his successor, inevitably began to marginalize because he did not perform any effective in this crisis.

However, the series of crises caused by the eavesdropping gate did not end with Rupert Murdoch's efforts, and there was no trend of improvement, but instead continued to deteriorate.

In the UK, several MPs submitted bills requiring the government to force News Corp to sell all media in the UK, and even included them in the new House of Commons discussion.

Because there are too many people involved, the decline in support of News Corp. If it is really put in the House of Commons, what News Corp faces is likely to be the worst result.

The plan to eavesdrop on Prime Minister Brown has caused extremely serious consequences in the UK. Even the Labor Party, which has a good relationship in the UK, has taken the initiative to distance itself. The relationship between the two sides cannot be fundamentally repaired in the short term.

News Corp's business is mainly concentrated in three countries - the United Kingdom, the United States and Australia.

Similarly, these three countries are also the main victims of eavesdropping sects.

Australia is the birthplace of the Murdoch family. Although there are occasional eavesdropping news, the few can be ignored.

The main events were concentrated in Britain and the United States.

This month, in addition to continuing to promote the "eavesdropping" related events, Relativity Entertainment also completed another task. Its subsidiary Netflix Network conducted a new round of financing and absorbed more foreign funds and investment groups.

Although Netflix Network burns money very quickly, in the face of its soaring stock price and its market value of $200 billion, there are too many people and groups waving huge amounts of money to join this ranks.

These people will become partners of Relativity Entertainment for a certain period of time.

Perhaps this kind of cooperative relationship is not reliable, and when it comes to major interests of oneself, you won’t care about relativity entertainment.

But in some things, it is not difficult to form a loose alliance to make mistakes and beat dogs. Besides, if it is well operated, there are still benefits to get.

After this financing expansion, the equity of Netflix Network, which Ronan controls through Relativity Entertainment, dropped to 60%, but the market value of Netflix Network quickly exceeded US$200 billion.

In fact, looking at the numbers on paper, his wealth has skyrocketed a lot.

The eavesdropping gates in the United States are still fermenting rapidly. The FBI convened a press conference and issued a preliminary investigation report of hundreds of pages, all of which pointed directly at the News Corp and the Murdoch family.

The Federal Trade Commission and the Justice Department held a series of meetings to discuss whether News Corp needs to be split and whether it needs the Murdoch family to sell the American media...

The Washington authorities have also put huge pressure on News Corp. After all, no one wants to let themselves or their families be eavesdropped on.

After the government issued a preliminary investigation report, Ronan and Relativity Entertainment filed a lawsuit with the Murdoch family and News Corp. They demanded astronomical compensation based on the leak of top-secret projects, etc.

As if the charge was blown, a large number of victims of eavesdropping sects in Britain and the United States chose the same method one after another.

Even some government departments have filed lawsuits against News Corp.

If all the required compensation amounts are calculated, it is not enough for the Murdoch family to sell News Corp.

The incident had a great impact. After collecting relevant evidence, the UK arrested several senior executives of News Corporation in the UK.

The FBI has taken action one after another, and many people from News Corporation were taken away for investigation, which has seriously affected the company's internal operations.

News Group, the once-popular media company, is in a storm.

Subsequently, news came out that Relativity Entertainment was in contact with several major shareholders of News Corporation, and seemed to be seeking to acquire the News Corporation.

News from Bank of America came out that Relativity Entertainment applied for a huge loan.

In addition, the news that Relativity Entertainment cooperated with overseas capital to establish a new company for acquisition was also confirmed by mainstream financial media.

Relativity Entertainment itself has released part of Netflix's equity, and can get loans from Bank of America at any time and support from overseas funds. The acquisition of News Corporation does not seem to have any financial problems.

When the new company established by Relativity Entertainment was about to reach an agreement with the two major shareholders of News Group, Rupert Murdoch found Ronan again and the two sides had a whole day of negotiations.

Relativity Entertainment has touched the basics of News Corp, and the government is under increasing pressure. If you don’t want to lose in this crisis, Rupert Murdoch must make a choice.

It is time to make a decision that the entire group company was split and forced to acquire it, or it can continue to survive in the media industry.

Just like when facing the aggressive Walt Disney, Rupert Murdoch would not sell Fox easily, but it was not absolutely impossible to sell it.

Faced with these situations, everything has to be discussed.

Robert Iger retreated from New York and joined Ronan and Rupert Murdoch in the next two days.

The Murdoch family does not have absolute controlling stake in News Corp. If you don’t want to lose News Corp, you only have one choice.

Although Relativity Entertainment has put on a stance, it does not want to fight with News Corporation to kill one thousand enemies and lose eight hundred of them.

The two sides finally reached an agreement and decided to start formal negotiations on the acquisition of 20th Century Fox in Relativity.
Chapter completed!