"…Murdoch has been called for the wind and rain in the media circles of four continents and created a media empire. He has a monopoly position in the UK. When power is highly concentrated in one person, it will inevitably lead to his abuse of power within the organization, which is also one of the root causes of the accident in the Murdoch empire.

Since the eavesdropping scandal broke out in August to the close of the 18th, the cumulative market value of News Corp.'s stocks listed in Australia and stocks listed in the United States evaporated by US$14 billion. In addition, Murdoch's media territory in the UK is likely to face a mandatory split under the new management rules, and Murdoch's 39% stake in Sky Broadcasting in the UK may also be forced to sell."

A red wall exterior villa in New York has elegant and luxurious interiors with "curved stairs" inside. NBC TV is playing news on the TV in the "glittering" all-white living room, which is very rare for the Murdoch family who owns Fox TV.

Rupert Murdoch, with a slightly haggard face and a solemn expression, looked at herself in the cloak mirror, listened to the reports from the TV behind her back, raised her chin slightly, and let Wendi Murdoch, who looked worried and a little angry, help him tidy up the tie on his neck.

A thousand-mile dike collapses in an ant hole. The continued fermentation of a British tabloid eavesdropping scandal forced Murdoch, who was in his 80s, to face the biggest crisis in his magical business career, and also to face unprecedented impacts in the British political arena.

In less than three weeks, his global media empire was seriously damaged by an initially inconspicuous ‘buy news’ scandal.

Especially the credit downgrading of News Corporation four days ago, S&P's credit was undoubtedly aggravated by the news Corporation in this storm, and the losses were extremely heavy. Thinking of the handsome young face, Murdoch's face became even more gloomy, and his eyes flashed fiercely, but after just a flash of time, he sighed slightly.

Looking back, in 1968, he bought most of the shares of the News of the World for 34 million pounds. Eight years later, he bought the Sun and made it the daily edition of the News of the World. In February 1981, he once again acquired the Times and the Sunday Times with a shocking result...

Until today in the UK, News Corporation has a very staggering development power, with 40% of newspapers controlled by it, and the total daily circulation of 6 newspapers reached 25 million copies.

After conquering Australia and Great Britain, he turned to the United States. He 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 Company in the United States was in trouble and he did not hesitate to form the Fox TV Company.

In 2007, not long ago, his News Group acquired Dow Jones Group and the Wall Street Journal for a total of $5.16 billion per share.

It can be said that at this time he had reached the peak of his career, and media from all over the world were called him a "media geek" and "Napoleon of the media industry".

News Corp influenced almost every election in the UK, and the Conservatives and Labor parties competed to please him.

In the past 20 years, in British politics, no politician who has the hope of becoming prime minister dares to offend him. From former British Prime Minister Major, Blair, Brown to Cameron who is preparing to run for prime minister, he has to maintain a good relationship with him.

However, perhaps, it was precisely because of the benefits from politics that I really suffered from politics this time. The reason why this eavesdropping scandal "out of control" was, on the one hand, the instigation of Andy, that bastard, and because the eavesdropping incident did touch the moral bottom line of the public. On the other hand, the monopoly of News Corp has indeed hindered the interests of the political, business and media circles of Britain and the United States over the years. All parties have all used the eavesdropping scandal to attack it in order to overthrow its media empire.

News Group's stock price plummeted, its market value shrank sharply, and it was rumored that it owned Sky TV's equity may also be forced to sell. People are discussing whether the Murdoch Empire collapsed.

But some of them seemed to have really forgotten and underestimated the energy of his nearly 80-year-old man.

No entrepreneur has smooth sailing, and making mistakes and failures are the best comments on the road to success in the end!

No matter how outstanding a person's wisdom and ability are, no matter how high his position and power, he or she will eventually encounter a sudden disaster. The unprecedented nature of this disaster forces him to seek out himself, get answers from his inner insights and thinking, and make independent judgments. The source of the crisis may be the mistakes made by the leader himself, or environmental factors beyond the control of human resources, or both.

Murdoch looked down at his face with concern, slapped the attacker at the British hearing. With another lightning speed and trick, he turned the plate containing shaving liquid foam onto the attacker's face and rushed forward to protect his wife. When he recalled this, he was also relieved. In the darkness, he received rare glory and applause from his wife Wendy's outstanding performance.

The words that even praised Wendy were like a tide. The praise of Wendy suddenly overwhelmed and even drowned out the News Group scandal, causing the plummeting stock price to rebound slightly.

This also gave the old man a feeling of having a wife so much as he wanted.

"Don't worry, everything will be fine. This little storm cannot defeat me. You must know that every great leader will usher in a dark period somewhere in his life." Murdoch gently took his wife into his arms, patted her on the back, and comforted her, although he was very clear that countless enemies were trying to use this eavesdropping scandal to defeat her. The once friendly politicians are now fleeing around like frightened hares in order to protect themselves.

But don't forget that he is Murdoch, the media industry, who has no private group that has had such a wide political influence as Murdoch's News Corp.

To be honest, if it were an ordinary person, he would have been weak in the face of such pressure. And Murdoch was not panicked. Although he had been tired on the surface to deal with the accusations and public opinion brought by Britain and the United States, in private, he first convinced William Rhodes of Citibank, the largest creditor of News Corp., to believe that he could reorganize News Corp. at all costs. Then a long negotiation process began and eventually led News Corp out of the difficulties.

After a long negotiation, he tried to persuade all banks to stay and continue to provide loans. Some banks began to believe that supporting him might bring better prospects. You should know that this was simply impossible in the past. Murdoch rarely negotiated directly with the bank, and usually left the errand to his chief financial officer (cfo). But this time, Murdoch went to the front line in person.

In order to get the initiative back, he has ordered people to buy back more than 3 billion pounds of shares, claiming to "please" investors. News Group is still very rich in funds, with about 12 billion US dollars in cash, originally planned 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 the News Corp from collapsing.

"Dear, after you meet him, you should talk calmly. In any case, you should stop him from continuing to short the News Corp. At present, he is the biggest variable." Wendy Murdoch still persuaded with a hint of worry. She was very worried that her husband would start arguing again after meeting Andy Smith, the initiator of the incident that almost defeated the News Corp.

To be honest, no one had ever thought that it would eventually lead to this situation because of a small matter. She also knew that even if the matter was finally settled, the relationship between the two families had already become hostile. From then on, disputes and secret wars would never stop!

"..." Murdoch frowned, his eyes sharp, and finally sighed softly. Of course, he didn't want to bow to the bastard Andy Smith, but unfortunately the situation was better than others. Faced with the little bastard who was making waves in the financial market and constantly rushing to the News Group's stock market, he could only admit defeat.

The true king will not care about temporary gains and losses. The revenge between the two sides has been settled. The future is long, so let’s take a look!

"Don't worry, after all, the cause of this incident is because of its New York Post. Alas, no one expected that it would reach this point today. As long as it was not too much, I would admit defeat this time!"
Chapter completed!