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Chapter 1941: Public Enemy of the People

To be honest, even the initiator Andy did not expect that his fire would burn to this level, and he also did not expect that the consequences would be so serious, including Rupert Murdoch.

The eavesdropping incident was exposed one after another as early as the end of 2006, but under News Corp's public relations, the incident did not cause much trouble. However, this time, the flames ignited by Andy Smith were like a prairie fire, and various black news about News Corp were exposed.

At this time, people discovered that in addition to British princes and nobles, social celebrities, political officials, murder victims, and even the families of victims of the "7.7" bombing in London in 2005, and the families of the 9/11 victims, all became the targets of eavesdropping of this newspaper. This incident finally aroused public anger. Everyone realized that it was possible to become a victim, which also made the people of Britain and the United States jointly issue a question of "Where is the conscience of the media now?"

However, as the incident became more intense, the attitude of Murdoch himself and many media flag bearers of his empire when facing the eavesdropping scandal made people feel even more angry.

The Sun, a tabloid that "buy news" scandal, saw almost no signs of scandal, while some serious media did not shy away from the scandal. However, they often had sympathy for their boss Murdoch when reporting, and the Wall Street Journal even accused critics of adopting "double standards" in eavesdropping incidents.

Although The Times rolls on its website like other media to cover the latest developments in the eavesdropping scandal, the Times report focuses on describing Murdoch as an attacked weak man…

The Wall Street Journal has almost become a tool to refute rumors, claiming that international news companies are suspected of bribing British police from a competitor's newspaper, "has quickly amplified by many media without confirmation."

And took over the function of a spokesperson and reiterated that News Corp "has not found any signs" that the company's British division and its U.S. division "has any correlation and similarity in the events, allegations, actions taken".

However, these did not stop the public anger in Washington and London. More and more U.S. lawmakers expressed concern about the eavesdropping incident and urged the FBI to investigate whether the call records of the "911" victims were eavesdropped. Some civil groups directly proposed to hold a hearing in Congress on the newspaper eavesdropping incident under News Corp.

Of course, the media that opposes the Murdoch Group will naturally not miss this opportunity to break out and comprehensively track all the details and progress of the eavesdropping scandal. To be honest, in terms of public opinion orientation, Andy really did not use too many resources, so he reached the point where the whole nation of Murdoch was enemies.

In fact, this is also very easy to understand. Over the years, the huge News Corp has made many enemies in the merger and acquisition incidents that have changed the support of the party. This national siege, the United States and Britain, put pressure on the same simultaneously, seems to mean that Murdoch and News Corp are in a desperate situation, and the world media will enter the "post-Murdoch era" of heroes, and no one does not want to get a share in the future.

The Guardian, Daily Telegraph, The Universe, Daily Mail, New York Times and Los Angeles Times are all constantly digging for eavesdropping scandals in important positions on websites and newspapers. The Universe's excavation of scandals such as police leaks has made News Corp increasingly passive. The Daily Mail was once the most direct opponent of the World News and the Sun. After the eavesdropping scandal broke out, the Daily Mail directly used the title "Murdoch Judgment Day" to attack its opponents...

Legendary media tycoon Murdoch fell.

Falling from a high place and losing everything.

The Washington Post directly claimed that if Murdoch's "eavesdropping" incident was proved to be instructed or informed by him, then Murdoch would not only lose the News Corp where he worked for the rest of his life, but could also go to jail.

Murdoch's failure this time was not only due to his rebellion against the culture he adhered to, but more importantly, his arrogance.

As a business tycoon that attracts the world, his passionate relationship with the highest politicians in the country made him a terrible politician. British politicians love him and are both afraid of him. His successes have regarded him as a guest. He has teased Ao Guanhai more than once, and claimed that the other party is not a black man at all... All the successes in the past have developed his arrogance, strength and stubbornness.

However, he never seemed to have thought that News Corp's monopoly position in the UK and its strength in the United States had destroyed the basis for British and American societies to safeguard people's livelihood and information freedom.

Everything will turn back when extremes. The British "Duty Li" attack may have Andy's selfish intentions, but the response and attack of other peer newspapers is the early prevention of the unimaginable public opinion monopoly in the future. Now, high-level British and American politicians are reluctant to join him because of the plague god's reluctance to avoid the plague, which also shows that these people are even more unwilling to become a pawn in Murdoch's political resource pool.

At this time, the UK had already had a high voice, believing that Murdoch had too much influence on British politics and public life, and called for the revision of media ownership regulations and the split of News Corp.

As soon as this call came out, Murdoch really couldn't continue to be arrogant. Splitting the News Corp was undoubtedly a complete destruction of the empire's foundation, which he could not accept, so he admitted to it, and planted it in the soil that made him great success. He overused the soil that made him profit and was eventually abandoned by this soil.

On August 12, major newspapers and magazines in the United Kingdom and the United States published an apology letter from News Corp Chairman Rupert Murdoch. In the letter, he wrote that News Corp expressed deep regret for a series of serious wrongdoing and victims that had occurred, and regretted that the eavesdropping incident was not resolved as soon as possible. He also said that apology alone is not enough. In the days to come, News Corp will solve the problem down-to-earth, do its best to make up for the losses caused, and please wait and see...

On August 13, News Corp announced that its board of directors had approved a stock buyback plan totaling $5 billion. The size of the News Corp repurchase was significantly higher than the original $1.8 billion plan. As investors fear that the suspension of the World News would have further negative impact on News Corp. In the past few trading days, News Corp's stock market value has shrunk by $7 billion. On the 12th, the stock fell 7.6%, the largest single-day drop since April 2009.

"ha"

"Wow!"

Andy Smith, who had returned to New York, sat on the boss's chair in the spacious office of the classical luxury Rockefeller Center, closed the unfolded newspaper in his hand, then folded it and threw it on the desk. The curve of the corner of his mouth showed how happy and happy he was at this time.

"Repurchase plan...hehe, there is no such thing as a good thing that can get you out of trouble!"

Dongdong

"Boss, Mr. Vitley is here."

Andy glanced at the little assistant, nodded and said, "Let him in."

After saying that, Andy stood up from the boss's chair, walked to the clothes hanger beside him, took off his light suit and put it on.

"Boss." Al walked into the office and shouted when he saw Andy.

"Are the materials ready? Let's go, let's talk on the way." Andy asked first, then looked at the time, and walked out as he spoke.

"Everything is ready." Al followed suit and said.

"Well, that's good."

Andy took Alvetre, the little assistant and bodyguards into the elevator and said to Al with a smile: "Did you read the newspaper this morning? News Group claimed that their market value has shrunk by 7 billion, but unfortunately, we have made less than 2 billion."

Al could only laugh at his boss's schattering jokes, and his market value shrank by $7 billion, which means that News Group lost 7 billion. Many people confused the stock "how much is worth" and "the actual money" to feel that when the decline is down, how much money is missing.

In fact, in the liquidity process, continuous buying and selling are dispersed, while the total amount of liquidity in the market remains unchanged. The so-called evaporated money and the money lost by shareholders of low-cost listed companies are actually cashed out by high-level shareholders; they are made by investment experts who are in charge of institutions, hot money, hot money, etc.; of course, there are also a few buyers at low prices, and retail investors who sell at high prices make a big profit; in the end, countries and securities firms that are guaranteed to earn stamp duty, commission, transfer fees, etc.

Therefore, this time their short-selling operation against News Corporation was undoubtedly very successful, and it can definitely be said to be a big profit.

However, his boss seemed a little dissatisfied and was preparing to give News Corporation a fatal blow.
Chapter completed!
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