Cherreads

Chapter 658 - Chapter 650 News Corporation’s Obsession

"Mr. Murdoch, I have asked someone to investigate carefully. The project that James Huang got is just a low-cost horror web drama."

Inside the office, Jim Ganopoulos whispered to James Murdoch.

But the other party obviously didn't buy this answer.

"How dare that woman!"

Little Murdoch pounded the table hard.

He ignored the pain in his hand and yelled at Jim: "Why did that woman dare to use the person I had already banned!!"

[What kind of ban? It's just that it's on Fox's own blacklist. ]

Jim Ganopoulos muttered at the center.

James Huang just messed up a movie. He didn't break the rules of Hollywood or offend any interest groups that should not be offended.

So Fox just put him on the blacklist and will no longer cooperate with him in the future.

If other companies are not afraid of James Huang's failed look, there is no problem in cooperating with him.

However, considering his Chinese identity, not many people would employ him again.

So even though Washimine Entertainment's actions were unexpected, there's no need to get as angry as Murdoch Jr.

Jim realized that his rich second-generation boss and Washimine Entertainment were naturally incompatible.

Although a bit harsh, Murdoch Jr.'s ability is still worthy of praise.

But whenever he encounters the issues concerning Washimine Entertainment, his IQ and EQ will plummet.

Especially recently, Fox has suffered repeated defeats in its confrontation with Washimine Entertainment, which has further exacerbated Murdoch Jr.'s temper.

"Washimine Entertainment's new web series is a standard American thriller." Jim explained helplessly, "From a cost-effective point of view, it is normal for Washimine to use Huang."

"To use such a project at this time, that woman is simply trying to go against me!"

Judging from the decibel level of his voice, it was clear that Murdoch Jr. was still very resentful.

"And the Wolverine project..."

Young Murdoch was just about to pass the buck as usual, but after looking at Jim's face he forced himself to hold back.

Unlike "Dragon Ball", the entire "Wolverine" project was handled by him alone.

Putting the blame on the main creator is completely useless, except for proving that you don't know people well.

I didn't choose the actor myself, but Hugh Jackman had already proved himself in other "X-Men" movies.

In fact, the reason why "Wolverine" can achieve its current success amidst all the criticism is really thanks to the character of Wolverine.

And the other actors' roles are not important enough to take the blame.

Therefore, Murdoch Jr. could only take a deep breath and swallow the second half of the sentence.

"I originally thought that leaking the original Thor movie would cause the movie to fail." Murdoch Jr. sat back in his chair and sighed, "Now it seems that I still don't understand a lot about movie marketing."

Jim Ganopoulos's face changed when he heard this, and then returned to normal.

Jim had no prior knowledge of the theft of the Thor movie.

But afterwards, he guessed that this matter was related to the person in front of him.

As a senior executive of a subsidiary of News Corporation, Jim had naturally heard some shocking rumors about News Corporation reporters.

Jim Ganopoulos did not want to comment on other things, but he was personally opposed to leaking this matter.

The reason is very simple. If Fox can do this today, other companies can do the same to Fox tomorrow.

As one of the Big Six, Fox must not get involved in such things that break the rules.

Rather than the box office victory or defeat with Washimine Entertainment, Jim Ganopoulos cares more about the overall environment of the Hollywood film industry.

Jim Ganopoulos instinctively felt disgusted by the unruly paparazzi behavior of Murdoch Jr.

But now that it had happened, Jim could not object, not even to protest.

At times like this, Jim Ganopoulos always felt a deep sense of sadness.

[I hope our CEO can clean up his mess, otherwise Fox will become the target of public criticism.]

"Jim."

Just as Jim Ganopoulos was lost in thought, Murdoch Jr. called out his name.

"Your task now is to keep an eye on James Cameron and make him finish Avatar as soon as possible."

"OK."

"There is also the King Arthur project, you should keep a close eye on that as well."

"knew."

Perhaps to show his magnanimity, Murdoch Jr. waved his hand nonchalantly: "Twentieth Century Fox can afford the failure of a few projects, even big productions. What's more important for us now is to do a good job on the next projects."

After several confrontations, Murdoch Jr. has learned his lesson. He realizes that he cannot defeat Washimine Entertainment in the movie business.

This is the area that the woman is most proficient in, and it would be foolish to confront her directly in this regard.

"A war will not be decided by just one or two battles." Murdoch Jr. said slowly, "We still have a long way to go."

Young Murdoch felt more and more that his brain was crazy, as he was so obsessed with the outcome of one or two movies.

Compared with the Washimine Group, News Corporation actually has more advantages in terms of company market value alone.

However, as a media group, the former has much greater influence than Washimine, which started out as a game company.

20th Century Fox, which has been working in the Hollywood market for so long, has more advantages than the new entrant Washimine Entertainment.

The most obvious example is that although "Dragon Ball: Evolution" and "Wolverine" both failed, the company as a whole is still profitable this year.

So as long as he proceeds step by step, Murdoch Jr. believes that he will be the winner in the end.

"I know what to do."

Jim agreed immediately.

If it were just about running a film project, Jim would still be very confident.

Little Murdoch patted the armrest of the chair gently: "We still have to wait for the opportunity. Let's not provoke Washimine in the near future."

"OK."

Although he didn't know why the president changed his personality, Jim still nodded in agreement.

Perhaps noticing Jim's confusion, Murdoch Jr. explained, "The group has made a big move recently. My father and his team are planning to acquire Time Warner."

Jim Ganopoulos is his absolute confidant, so Murdoch Jr. is not shy about mentioning some confidential matters.

Jim hadn't expected this to happen.

If what Murdoch Jr. said is true, then it is a big deal.

only...

Jim subconsciously asked the question that concerned him the most: "Why is it Time Warner Group instead of Washimine Entertainment?"

Time Warner Group is not just a film company called Warner Bros.; it is a huge media group that is not inferior to News Corporation.

In every aspect, Washimine Entertainment is definitely much easier to target than Time Warner.

"This was a decision made by my father," Murdoch Jr. replied, "and Washimine is not that easy to deal with."

From the perspective of a listed company, the equity of Washimine Group is really very concentrated, and the equity structure is simple and crude.

For more than a hundred years ago, the Washimine family has always firmly held a large number of shares in the company to ensure their family's dominant position in the company.

Even during the period of Washimine Pu, a portion of the funds were dispersed due to the rapid development of the gaming business.

But after Washimine Shion accepted it, she took them all back, and then gave a part of it to her man to pull him onto her chariot.

As a result, the combined shares held by Washimine Shion and Kiryu Nanaya exceed one-third.

If it is any other listed company, outsiders can also buy up retail shares and take advantage of it step by step.

But Washimine is too special, so special that as long as Shion and Nanaya, those two dogs and bitches, agree, they can ignore other shareholders and make any decision they want.

After all, the advantage of one-third of the shares is too huge.

Not to mention, because in the past two years, Washimine has made too much money under the leadership of Shion and Nanaya.

Many people on Washimine's board of directors are loyal lackeys of Washimine Shion and Kiryu Nanaya.

Although Western media have always believed that Washimine's way of inheriting shares by blood relatives is a feudal remnant.

But Murdoch himself really envies the feeling of holding power.

Of course, apart from the fact that Washimine was not in a position to take action, another more important reason was that the decision to acquire Time Warner was made by Rupert Murdoch himself.

Murdoch Jr. knew very well that without his father's support, he would be nothing.

If you want to inherit News Corporation, it is imperative to follow your father's footsteps at this time.

Otherwise, he wouldn't even be able to hold on to his position as president of Fox.

It has to be said that the reason why "Dad wanted to do this" was very strong, and even Jim Ganopoulos couldn't say anything.

He could only bow his head and promise: "I will ask Fox to fully cooperate."

But Jim was not so confident about Rupert Murdoch's plan.

Given the size of Time Warner and News Corp, if a merger really takes place, it will definitely not just be a matter between the two companies.

No one in North America would like to see such a monopoly.

Of course, if it really succeeds, then Murdoch will truly be the number one in the entertainment industry in the Western world.

[Can it really be done? ]

Jim still expressed a hint of doubt in his heart.

··

"Of course not."

Nanaya explained to Shion: "No one will allow him to succeed except Murdoch himself."

News Corporation has been wanting to acquire Warner for a long time. Nanaya remembered that such rumors had been heard several times in his previous life.

But none of them succeeded.

The reason is simple. Every time News Corporation is about to succeed, various things will interrupt the acquisition.

The most famous one was in 2011.

At that time, News Corporation's phone-hacking scandal broke out, causing the entire company to suffer a major blow to its reputation.

After that, News Corporation encountered various difficulties in its development and finally had to sell Fox to Disney.

The reason why News Corporation's acquisition of Time Warner was thwarted is simple: there are too many enemies in this matter.

Apart from Time Warner itself, other European and American media groups are also unwilling to see the birth of a super media company.

This is completely different from Disney's acquisition of Fox.

You should know that Disney only acquired Fox's film company, and other industries including Fox TV are still in the hands of News Corporation.

While it's true that Disney has become too powerful for the movie industry, that's just the movie industry.

Even so, Disney's acquisition of Fox was not smooth, and it took several years to complete the entire acquisition.

And News Corp. and Time Warner merge?

I'm afraid even the US government would not be willing to do this.

More Chapters