American Fortune Life
Chapter 1921: Enemy of the Nation
To be honest, Andy, the fighter who started it, had no idea that a fire of his own would burn to this level, nor had he thought that the consequences would be so severe as to include Rupert Murdoch.
The eavesdropping incident had been exposed as early as the end of 06, but under the PR of the press group, it had not caused much BO. This time, however, Andy Smith lit a flame, like the original fire, that revealed all sorts of black material about news groups.
At this time, it was discovered that besides the royal nobility of England, social celebrities. Political dignitaries, murder victims, even the families of the victims of the London "7.7” bombing in 2005, the families of the 9/11 victims, etc. were the subject of a wiretap in the newspaper, which finally provoked public outrage. Everyone is aware of the possibility of becoming a victim, which also allows the Anglo-American public to jointly torture “Where's the Media Conscience Now”!
However, as the events escalated, Murdoch himself and many of his empire's media flag bearers became angry when faced with the scandal of eavesdropping.
The "Buy the News" scandal tabloid, Sun News, showed little sign of scandal, while some serious media outlets did not shy away from scandals, although they were more sympathetic to their boss, Murdoch, and the Wall Street Journal accused critics of “double standards” in eavesdropping incidents.
Although The Times, like other media outlets, scrolls on its website to cover the latest developments in the eavesdropping scandal. However, the Times report focuses on portraying Murdoch as a vulnerable person under attack...
The Wall Street Journal, for its part, has become an almost disinformation tool, claiming that the alleged bribery of British police by an international news company originally originated from a competitor's newspaper and was "rapidly amplified without corroboration by numerous media”.
It also took over the role of spokesperson, reiterating that the press group “has not found any indication of any connection or similarity” between the British branch of the company and its United States segment “in relation to the events experienced, the allegations made and the actions taken”.
However, this has not stopped the public outrage in Washington, D.C., and an increasing number of United States Congressmen have expressed concern about the eavesdropping, urging the FBI to investigate whether the phone records of the 9/11 victims have been eavesdropped. Some civil society groups have directly proposed that hearings be held in Congress on newspaper eavesdropping under the auspices of press groups.
Of course, the media opposed to the Murdoch Group will certainly not let go of this opportunity to fully track all the details and progress of the eavesdropping scandal. To be honest, in terms of public opinion orientation, Andy really didn't use much resources to reach the point where Murdoch's people were enemies.
In fact, it's also very understandable that over the years, a huge news group has made a lot of enemies in a merger and acquisition event to change the pro-party wind bo. The simultaneous pressure exerted by the United States and British politics on this national crusade seems to mean that Murdoch and the press group are gone, and that the world media will enter the “post-Murdoch era” of the herd of bucks, and no one wants to share a cup in the future.
The British Guardian, The Daily Telegraph, The Independent LI, The Daily Mail and The New York Times, The Los Angeles Times, among others, are constantly digging for eavesdropping scandals on the site and in key locations of newspapers. The excavation of scandals, such as police leaks, has led to the increasing passivity of news groups. The Daily Mail was once the most direct opponent of World News and Sun, and after the scandal broke out, the Daily Mail directly hit the opponent with a title such as "Murdoch Judgment Day”.
Legendary media tycoon Murdoch planted it.
Falling from height, defeated.
The Washington Post claims directly that if Murdoch's “eavesdropping” were proven to be his intent or knowledge, Murdoch would not only lose his lifelong press group, but could also go to jail.
Murdoch's failure stems from a rebellion against his culture, but more importantly from his arrogance.
As a world-renowned business giant, he became a terrible political figure through his enthusiastic relationship with politicians at the highest levels of the country. British politicians were both loving and frightened of him, and successive prime ministers treated him as a guest of honor. More than once, they privately challenged Augustine, claiming that he was not black at all... His arrogant, powerful, stubborn attributes have been fostered by the successes of the past.
However, he never seemed to have thought that the monopoly of press groups in the United Kingdom, their strength in the United States, had undermined the very foundations of Anglo-American society for the preservation of people's livelihoods and freedom of information.
The opposite is true, perhaps with Andy's selfish heart, but the response of other peer newspapers, the disaster, is the precaution behind the unimaginable monopoly of public opinion in the future. And the unwillingness of high-ranking Anglo-American politicians to join them at a glance of the plague is an indication that these people are even more reluctant to be a chess piece in Murdoch's political resource pool.
At that time, the UK had received a high voice for Murdoch's disproportionate influence in British political and public life, calling for a revision of media ownership regulations and the splitting up of news groups.
Murdoch was really unable to remain arrogant as soon as that call was made, splitting up the news group, which was undoubtedly the foundation of an empire that he could not accept in any way, so he planted it, planted it in a very successful soil, which he overexploited to his advantage and eventually abandoned.
On 12 August, a letter of apology from Rupert Murdoch, Chairman of the News Group, was published in major British and American newspapers. In his letter, he wrote that the press corps deeply regretted the series of serious misconduct and victims that had taken place and regretted that the eavesdropping incident had not been resolved as soon as possible. He added that an apology was not enough. In the coming days, the press corps will address the problem on the ground, make every effort to make up for the damage caused, and invite everyone to wait and see...
On 13 August, News Group announced that its Board had approved a $5 billion stock repurchase plan. The magnitude of the Group's repurchase was significantly higher than the $1.8 billion originally planned. Owing to investors' fears that the suspension of World News would have further negative repercussions for news groups, the stock market value of news groups has shrunk cumulatively by $7 billion over the past few trading days. On 12, the stock fell again by 7.6 per cent, the largest single day decline since April 2009.
“Ha--”
“Wow!”
Already back in New York, Andy Smith sits in the boss's chair in the spacious office of the classic luxurious center of Rockefeller, closes the newspaper in his hand, then folds it and throws it at his desk at will, and the rising arc of his mouth shows how happy and happy he is at the moment.
“Repurchase plan... Oh, there's no such thing as easy to get you out of trouble! ”
Knock, knock, knock.
“Boss, Mr. Vitley is here. ”
Andy glanced at the assistant and nodded: "Let him in. ”
After that, Andy stood up from the boss's chair, walked over to the hanger beside him and took off his lightweight suit and put it on.
“Boss.” Al walked into the office and called when he saw Andy.
“Are the materials ready? Let's go, we'll talk on the way.” Andy asked first, then looked at the time, talking and walking out.
“All set.” Al followed suit.
“Well, that's good. ”
Andy walked into the elevator with Alvitelli and the little assistants and bodyguards, smiling and saying to Al, "Did you read this morning's paper? News groups claim their market value shrank by 7 billion, and unfortunately we make less than 2 billion. ”
For his own boss, there is a bit of happy and happy drama. Al can only shake his head with laughter and shrink the market value by $7 billion, which means that the news group lost $7 billion. Many people mix the stock “how much is it worth” with “what is actually there” to feel how much money is missing when it falls.
In fact, in the liquidity process, constant purchases and sales were amortized, while the total market liquidity remained unchanged. The so-called money evaporated, and the money lost by the shareholders, is actually finally cashed in by the high stakes of the shareholders of low-cost listed companies; earned by institutional, swimming, hot money and other investors in the estate; of course, there are also very low individual buyers and high selling retailers who make a large sum of money; and finally, drought and flood insurance countries and brokers, earn stamp duty, commissions, transfer fees, etc.
So, this time, their campaign against the news group was undoubtedly very successful, and definitely a lot of money.
However, the owner seemed to be somewhat dissatisfied and ready to give the news group a lethal blow in the end.