The Best Entertainment Era
Chapter 1136: The Worst Direction
Perhaps at the beginning of the incident, Rupert Murdoch believed that with the strength of News Corporation, the controversy could be quelled in a short period of time without paying too much. After all, they also have strong strength. Veteran media company.
Although in the ranking of the world's top 500 in 2008, News Corporation, including the assets of various subsidiaries, ranked far behind Relativity Entertainment Group, but the ranking and company valuation of the top 500 sometimes cannot explain a company's real strength.
Rupert Murdoch has been in business for many years and has an intricate network of relationships, which is also one of his confidence.
However, the scale of the wiretapping door was exposed, exceeding the initial estimate, causing the British and American celebrities and political and business circles to feel insecure.
News Corporation has not only crossed the limitless bottom line of this society, but also hurt the nerves of too many important people.
As time went by, the Murdoch family and News Corp. became more and more unfavorable, especially after several large Wall Street investment institutions joined the carnival, the stock price, which directly reflects the value of a listed company, plummeted. By late March, News Corp.'s total market capitalization has fallen to less than $46 billion.
Whether it is News Corporation or Twentieth Century Fox as a subsidiary, some shareholders are also considering getting out as soon as possible while expressing their anger to the Murdoch family.
In the reception room of the Waldorf Astoria Hotel in New York, Robert Iger met with the third 20th Century Fox shareholder this week.
Mr. Mortensen, what are you thinking about?
Robert Iger asked someone to deliver coffee, looked at the middle-aged man issued by the Mediterranean, and said: I believe you know the situation of the entire News Corporation better than me. The market and investors have lost confidence.
William Mortensen is obviously still hesitating: News Corp. will not collapse. The difficulties are only temporary. Every company will encounter some unexpected situations. I believe News Corp. can tide over the difficulties.
Robert Iger asked back: Is the current situation not clear enough? He always had a smile on his face, like a kind old man: There are thousands of victims, how many celebrities from the political and business circles are there? The British government Now only one investigation report has been issued, and no suggestions have been made for the time being. What if News Corporation is forced to sell Sky TV and other British media? The United States is still under investigation, and the final punishment will not be lighter than that of the United Kingdom. Washington authorities , the Department of Justice and the Federal Trade Commission will completely break up News Corporation, it is possible that there is no possibility.
These words fell into his ears, and William Mortensen's expression became more serious.
Robert Iger said directly: Also,
One of the victims, my boss, Mr. Ronan Anderson, is furious with News Corporation and the Murdoch family. As the richest man in the world with a net worth of US$200 billion, if News Corporation and the US government cannot give a proper explanation, I can't guarantee what he can do. If Mr. Ronan Anderson really wants to spend money, how long can News Corporation last in the current situation?
William Mortensen pinched the beard on his face and said the most crucial point: Your Relativity Entertainment's bid is too low. Based on your bid, if I transfer the shares, the business will be lost.
Robert Iger said with a smile: But if you continue to persist, you may lose more. Even if this matter subsides, News Corporation will be difficult to get out of the predicament for a long time in the future, and it is very likely that News Corporation will turn from prosperity to decline. turning point.
William Mortensen is taking Robert Iger's words seriously.
Wall Street is short-selling News Corporation and Twentieth Century Fox. Robert Iger continued: Anyone who understands the stock market can see this. The longer the time passes, the lower the stock price will be. Now the economic downturn in the United States and the world , how many companies are willing to spend huge sums of money to buy the shares of Twentieth Century Fox that have plummeted all the way?
His voice was quite gentle: Mr. Mortensen, when we talk next week, it will not be the current price, but the market price at that time.
The two sides met several times and talked in depth for a long time. Robert Iger knew very well that as far as William Mortensen was concerned, it was time to close the net.
William Mortensen pondered for a moment and said, Please allow me to think about it for a while.
Robert Iger said with a smile: This is your freedom. Relativity Entertainment will not force any partner, but it is impossible for us to pay a price that is not equal to the value.
Tomorrow! William Mortensen thought of the precarious News Corporation and the plummeting stock market, and said, I will definitely give you a clear answer tomorrow morning.
Robert Iger said: Okay, hopefully we can reach a cooperation.
The two shook hands, William Mortensen bid farewell and left, Robert Iger returned to the suite office and continued to deal with related work. People dine together.
The next day, Robert Iger got the good news that William Mortensen decided to accept Relativity Entertainment's offer and transfer nearly 3% of Fox's shares in his hands.
The remaining matters were handed over to a professional team, and Robert Iger continued to negotiate transactions with other shareholders.
At this moment, Relativity Entertainment has no need to hide its goals at all.
The entire group company is operating efficiently, and Ronan's full energy is also concentrated on this acquisition. He didn't even attend the premiere of Jessica Felton's new film Hot Girl in late March.
The premiere of this female police comedy movie was held in Boston as the background of the story. A film with a production cost of only 40 million U.S. dollars received 39.88 million U.S. dollars in the North American opening weekend, which can be called a box office hit .
Sandra Bullock has been going around for more than ten years. In commercial movies, it seems that the image of the silly big sister is the most popular.
Such a pure commercial comedy movie also made another heroine, Melissa McCarthy, really famous. The fat female actress who once starred in Old Friends Are Fat and Leftover Women Are Crazy has a distinctive personality.
Melissa McCarthy learned of the existence of Relativity Entertainment's Blacklist Project during the filming of Hot Hands, and recommended to Shahai Entertainment a script she saw when she participated in Saturday Night Live, called Bridesmaids.
The first draft of the script has just been completed, and it is not the work of a real screenwriter. The person who wrote the script is comedic actress Kristen Wiig.
The actress, who works with Relativity Entertainment, is currently voicing a lead female character in the animated feature film How to Tame Your Dragon by Shahai Animation Studios.
Jessica Felton took a fancy to the script and quickly reached an agreement with Kristen Wiig. Sandhai Entertainment has a brand new film project on comedy movies.
Jessica Felton will be preparing to produce the comedy film between filming and production of the next Fast and Furious series.
Just like Hot Hands, many comedy movies that seem to have low investment, once they can open up the market, they will often become big with a small amount.
The success of Hot Hands has also turned Sandra Bullock's not-so-bad actor career into a turning point. The Weakness: The Progress of the Game has been filmed and will be released this year.
In addition, Sandra Bullock has also reached an agreement with Shahai Entertainment for the last of the three film contracts, and will play the female lead in Alfonso Cuarón's big space production Gravity.
If these two films are all successful, plus the previous years of qualifications, Sandra Bullock will steadily pass the threshold of A coffee.
Alfonso Cuarón's project is still in preparation, and there is still a long time before shooting begins.
In contrast, the other two space movie projects are progressing faster. Embassy Pictures has already finalized the schedule of The Martian in October this year.
After Christopher Nolan completed The Dark Knight Rises, he has fully transferred to the preparations for Interstellar. This space epic will soon enter the filming stage and is tentatively scheduled to be released in 2011.
Embassy Pictures has a dedicated distribution strategy for three space films, typically one every other year.
At the same time, Relativity Entertainment has also secured several important actor signings, but most of them are from the Marvel series.
After several months of contact negotiations, South African diamond Charlize Theron officially signed a long-term contract with Marvel Entertainment. For a long time to come, she will play the role of Marvel Captain Carol Danvers.
In the comics, this is a heroic female character with a height of 1.8 meters. With the characteristics of Charlize Theron, it is not a problem to control such a character.
Marvel Entertainment also reached an agreement with Nicolas Cage, the actor who has become the king of bad movies will play Doctor Strange.
Ronan couldn't remember the awkward name of the British actor, so he naturally wouldn't spend manpower and material resources looking for it.
In addition, Chris Pratt, who has been in Hollywood for many years and has been tepid, also signed a long-term contract with Marvel Entertainment to play the role of the king of awkward dances, Star-Lord.
This can be regarded as one of the worst superheroes in the Avengers movie universe.
New York, JFK Airport.
Rupert Murdoch, who had just attended a special hearing in the UK, returned to the United States by private plane. He was tired of coping with the intensifying storms in Britain and the United States.
Especially James Murdoch, probably grew up in such a good environment that he couldn't see it when he was in good times, but he realized it was really useless when he was in adversity.
Rupert Murdoch, accompanied by his wife, asked the greeters as he walked: How is the situation here in the United States?
The middle-aged executive immediately said: An hour ago, Relativity Entertainment just sent us a routine announcement. They have completed transactions with several shareholders of Fox Corporation, and they already hold 14% of Fox shares in their hands.
Hearing this, Rupert Murdoch couldn't help but stop, and said with a slightly heavy voice: Things have indeed turned in the worst direction.
He turned his head and said to his wife, Let's go back to the company first. You should tell the crew to prepare and fly to Los Angeles in the afternoon.
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