American Fortune Life

"... Murdoch has created a media empire in the media circles on four continents. He has a monopoly position in the United Kingdom. When power is concentrated in one person, it is bound to cause him to abuse power within the organization. This is also One of the root causes of Murdoch's empire.

Since the eavesdropping scandal broke in August and closed on the 18th, News Corp.'s stocks traded in Australia and US-listed stocks have lost $ 14 billion in cumulative market value. In addition, Murdoch ’s media footprint in the UK is likely to face a mandatory split under the new management rules, and Murdoch ’s 39% stake in British Sky Broadcasting may also be forced to sell. "

A red-walled exterior villa in New York, with elegant and luxurious interiors, "curved staircases", and "shiny" all-white living rooms. The TV in the all-white living room is broadcasting the news of NB TV. For the family, it is very rare.

His face was slightly stunned, and Rubert Murdoch, with a somber expression, looked at himself in the cloak mirror, listening to the report from the TV behind him, leaning his chin slightly, leaving Wen Di Murdo with a look of anxiety and worries G helped him tidy his neck tie.

Thousands of miles of dyke, collapsed in the anthill. The continued fermentation of a British tabloid eavesdropping scandal has forced Murdoch to face the biggest crisis in his magical business career, and also caused unprecedented shock to British politics.

In less than three weeks, his global media empire was severely damaged in the global business reputation and interests due to an initially unremarkable 'buying news' scandal.

In particular, Standard & Poor's downgraded News Corp.'s credit four days ago, which undoubtedly worsened the news corporation in this storm and suffered extremely heavy losses. The young handsome face made Murdoch's face even more Gloomy, his eyes flashed fiercely, but after just passing away, he sighed slightly.

Recalling that year, in 1968, he bought a majority of the shares of the World News for 34 million pounds. Eight years later, he bought the Sun and made it into every part of the World News. Japanese version. In February 1981, he again acquired the Times and The Sunday Times with shocking results ...

To this day in the United Kingdom, News Corporation's development power is very amazing, 40% of its newspapers are controlled by it, and the daily circulation of 6 newspapers has reached 25 million copies.

After conquering Australia and Great Britain, he moved to the United States, acquired the New York Post at the end of 1976, bought the Herald American in 1982, and renamed it the Boston Herald. In 1985, the 20th Century Fox in the United States was in trouble, and he did not hesitate to form it into Fox Television.

Even more recently, in 2007, his News Corp. garnered Dow Jones and Wall Street Journal revenues at a price of US $ 60 per share totaling US $ 5.16 billion.

It can be said that at this time he has reached the peak of his career, and the media in various countries around the world have been called him "media geek" and "Napoleon of the media industry".

News Corps has affected almost every election in the UK, and the Conservatives and Labour have been courting him.

In the past 20 years, no British politician who has hoped to become prime minister has dared to offend him Murdoch. From former British Prime Minister Major, Blair, Brown to Cameron, who is preparing to run for Prime Minister, all have good relations with him Murdoch.

However, perhaps, it was also the one who had benefited from politics at the beginning. This time he really suffered from the political suffering. The reason why the eavesdropping scandal was "out of control" was, on the one hand, the **** of Andy's provocation, but also because of the eavesdropping It really touched the moral bottom line of the public. The other side is even more so. For many years, News Corporation ’s monopoly has indeed hindered the interests of the British, American and American political, business, and media circles. All parties have invariably attacked by tapping the scandal. To bring down its media empire.

News Corporation's stock price has plummeted, the market value has shrunk sharply, and the shares of Sky TV owned by Mad Passion may also be forced to sell. People are discussing whether the Murdoch empire has collapsed.

But some seem to really forget, and also underestimated the energy of his almost 80 old man.

No entrepreneur is smooth sailing. Mistakes and failures are the best notes on the road to success!

No matter how superior a person's wisdom and abilities are, no matter how high his weight is, he or she will eventually encounter a sudden disaster. The unprecedented nature of this disaster makes him have to seek for himself, to understand and think from the heart. To get answers and make independent judgments. The source of the crisis may be a mistake made by the leader himself, an environmental factor beyond the control of human power, or both.

Murdoch looked down with anxiety on his face, slapping the attacker at the British hearing, another lightning speed and trick, and buckled the plate containing the shave foam to the attacker's face. Chongqian protects his wife. When he thinks about it, he is also old and happy, but in the dim, he has received rare glory and applause for his outstanding performance.

Even the text praising Wendi was as tidal. The praise of Wendi suddenly overwhelmed or even drowned the News Corps scandal, which also caused the stock price to plummet.

This also makes the old man have a feeling of getting such a wife.

"Don't worry, everything will be okay. This storm will not break me. You must know that every great leader will usher in a dark period somewhere in his life." Murdoch gently embraced his wife into his arms. Here, he patted her on the back, soothing, although he knew very well that countless enemies were trying to use this eavesdropping scandal to bring it down. The once-friendly politicians are now fleeing like frightened hares to protect themselves.

But don't forget, he is Murdoch, a Napoleon in the media world that has not had a private group with such a wide political influence as Murdoch's News Corps since the East India Company closed down.

To be honest, if you change to ordinary people, your legs must be soft in the face of such pressure. Murdoch did not panic. Although he has been ostensibly tired to cope with the accusations and public opinion brought by Britain and the United States, in private, he first convinced William Rowe of Citibank, the largest creditor of News Corporation. Dess convinced him that he could restructure News Corps at all costs. Then began a long negotiation process, and finally led News Corporation out of difficulties.

After lengthy negotiations, it tried to persuade all the banks to stay and provide loans. There are indeed some banks that are beginning to believe that supporting him may bring better prospects. You know, this was not possible in the past. Murdoch rarely negotiated directly with the bank. He usually left the job to his chief financial officer (cfo). But this time, Murdoch personally went to the front.

In order to regain the initiative, he has ordered people to repurchase more than 3 billion pounds of shares, and externally he claims to "please" investors. News Corp. still has very abundant funds, with about 12 billion US dollars in cash, originally intended to buy the remaining shares of Sky TV, enough to support the disaster.

In order to preserve his media empire, just in case, Murdoch even sold a large number of valuable assets to raise sufficient funds to prevent a complete collapse of News Corp.

"Dear, after you meet with him, you must talk calmly. In any case, you must stop him from continuing to short News Corp. At present, he is the biggest variable." Wen Di Murdoch still persuaded with a trace of worry, she Worried that his husband and Andy Smith, the creator of the News Corps incident, would quarrel again after they met.

To be honest, no one had thought of it, just because of a small matter, it would eventually become the situation it is now. She also knew that even if the matter was finally reconciled, the relationship between the two had already entered into hostility. Since then, disputes and secrets The war will never sleep!

"..." Murdoch frowned, sharp eyes, and finally sighed. Of course, he didn't want to bow to Andy Smith, a bastard. Unfortunately, the situation is stronger than others. Facing the ups and downs in the financial market, he constantly smashed News Corporation's stock market. Little bastard, he can only admit defeat.

The true king will not care about the momentary gains and losses. The enmity between the two sides is settled. Come to the Japanese leader, let's walk and see!

"Rest assured, after all, the cause of this incident is because of its" New York Post ", hey, but no one has thought that this will be the situation today, as long as it is not too much, I will give up this time!"