Fox Building, a meeting is underway.

Due to the box office failure of Terminator 4, the management of Twentieth Century Fox is facing difficulties, and the board of directors and some shareholders can only be described as anger.

Because the operation of Twentieth Century Fox in the past two years has deeply damaged their interests.

This is no longer something that can be suppressed by just a few explanations or moving out of the Murdoch family.

Seven consecutive large-scale film projects have failed, and shareholders and some directors have had great opinions, especially the person who currently actually controls Twentieth Century Fox.

"Mr. Murdoch, about Terminator 4, about Australia, about Dragon Ball and so on."

In the conference room, a white man with slightly gray hair questioned James Murdoch: "Do you need an explanation to the board?"

Without waiting for James Murdoch to answer, the representative from the shareholders' meeting immediately asked: "Since you took office, all the major film production projects of 20th Century Fox have failed. The performance of Fox Online, which has been built with a lot of money, has not improved at all, but the stock price has been falling again and again!"

These words fell into his ears, and James Murdoch was expressionless, including the movie project and Fox Online. Strictly speaking, they were all pots left by the previous one, but the ex had already asked Jim Prous and him to resign and leave. These pots could only fall on the current one.

James Murdoch breathed softly and said, "Everyone, please listen to me, the difficulties are only temporary..."

"Temporary?" another independent director asked, "Is it really temporary? Twentieth Century Fox's capital chain is tight and may break at any time. The stock price is sluggish and the market has lost confidence. How do you save it?"

James Murdoch quickly said: "We are making new plans and we can get out of the predicament soon. The board of directors and shareholders' meetings must have confidence in management and we will definitely get out of the predicament."

This kind of big and general vague rhetoric cannot satisfy the board members and shareholder representatives present.

Another independent director looked serious and said very solemnly: "Mr. James Murdoch, I have discussed it carefully with many members of the board of directors. Since you came to Los Angeles and personally took control of 20th Century Fox, 20th Century Fox has been on the decline, with stock prices falling, movies and drama projects losing frequently, new streaming business Fox Online makes people unable to see the future, and has deteriorated relations with major companies such as Warner Bros. and Relativity Entertainment in the industry, thus falling into the quagmire of disputes..."

Such remarks instantly made James Murdoch angry. Are these his problems?

Anger boiled in his chest and emotions in his heart, but James Murdoch was not an inexperienced young man after all. His years of experience in managing News Corp's UK business allowed him to maintain enough peace, at least on the surface.

The independent director's words continued: "There are clear statistics. Since you took office, the total market value of 20 Century Fox has evaporated by more than 20%, and it has continued to decline. Mr. James Murdoch, I have enough reason to question that you... are not suitable to take charge of 20 Century Fox."

The white man with slightly gray hair responded, "I agree with you."

The shareholder representative looked at James Murdoch and said, "On behalf of twenty-five shareholders, I propose to hold this year's shareholder meeting in advance."

James Murdoch's face gradually became gloomy and said, "I have received your opinions. I will be here for the time being today, and the meeting will be over!"

After saying that, he got up and left, and walked out of the conference room without looking back.

Instead of taking care of the directors and shareholders in the conference room, James Murdoch was thinking about going back to New York recently and explaining to his father the real situation facing Twentieth Century Fox.

This is not his responsibility, it is more of a historical legacy!

Well, he admits that because of his success in the UK, he did underestimate the entertainment industry in Hollywood and the United States, thinking that success is not difficult with his own abilities and the strong foundation of Twentieth Century Fox.

The result was very unsatisfactory.

James Murdoch returned to the office and sat in the backrest chair. After thinking for a while, his brows frowned.

Some things made him feel confused.

Although he had never had in-depth contact with the entertainment industry in Hollywood and the United States before, since he participated in the business of 20th Century Fox, he has adopted a relatively stable strategy, and he has not made great efforts at 20th Century Fox because he took office.

According to normal principles, Twentieth Century Fox should achieve a smooth transition.

Moreover, he, the future heir of the Murdoch family, personally took control of Twentieth Century Fox, and brought greater support from News Corporation, and Twentieth Century Fox deserves better development.

Even though 20th Century Fox has participated in the acquisition of Time Warner by its headquarters, some of its resources are under Time Warner's shares, but it is far from being damaged.

However, the dilemma faced by Twentieth Century Fox far exceeded his highest estimate before taking over Twentieth Century Fox.

If you don't do it, you will really get out of Twentieth Century Fox and throw away the old father's favor.

James Murdoch felt that he should come up with an explanation to give his father an explanation and then a good way to help Twentieth Century Fox overcome this difficulty.

As long as there is support from News Corp and his father, the difficulties are only temporary...

A sudden knock on the door suddenly sounded, and the people outside seemed very anxious.

James Murdoch frowned and said, "Come in."

The assistant pushed open the door and walked in, holding a fax piece in his hand, with surprise and surprise in his expression, and sweat beads could be seen on his forehead.

"What's wrong?" asked James Murdoch, "What's the panic!"

The assistant quickly said: "The latest news from the UK side is that several media accused many of our media of using eavesdropping methods in today's report..."

James Murdoch couldn't help but stand up and interrupted: "What?"

Those guys on Fleet Street have always liked to spread rumors. If it were other news, James Murdoch would just laugh it off, but eavesdropping is different because in the years he was in charge of the British business, he had defaulted on the way to get news.

The assistant clearly did not finish his words: "The British royal family just issued a statement, and William confirmed that the phone was eavesdropped and has officially reported the case to Scotland Yard."

James Murdoch took the fax handed over by his assistant, looked at it twice, and sat back on the chair: "How could this happen? How could the news leak?"

The assistant doesn't know how to answer the words of his boss.

James Murdoch is not an ordinary person after all. He was very crazy and suppressed the panic that appeared in his heart. He forced himself to calm down, and there was still a possibility of saving things.

Just a few small media outlets, Fleet Street has always been equated with spreading rumors and making trouble. With News Corp's media business in the UK, it is not a big problem to label them as false accusations.

As for the royal family and William, this is a bit troublesome, but it is not impossible to solve it. After all, it is famous but has no authority.

However, this is the most famous royal family in the world after all, and its own influence cannot be underestimated.

In this case, it is impossible to resolve the rumors, and it is even more impossible to pass away the British royal family and William.

Only a few scapegoats were thrown out.

This kind of thing needs to be done as soon as possible and cannot be delayed for too long. The deeper the person is digging, the greater the chance of digging out more heavy materials.

James Murdoch made a quick decision: "Let the Sun find two surrounding paparazzi and give them enough money to admit that eavesdropping is a spontaneous act, and they will bear the responsibility. Then, let several media involved apologize and make appropriate private compensation, and resolve it as soon as possible."

The assistant said, "Okay, I'll contact you now."

Switching the blame, especially throwing the blame on the little people, is undoubtedly the best way.

As long as you pay enough money, it will not be difficult to find someone who takes the blame. Maybe there are still many people who will rush to take the blame.

The assistant was about to leave when his cell phone suddenly rang. It was the work phone number, so he quickly took it out and took it for a look.

"Come on," said James Murdoch.

After answering the phone, I just said a few words, and the assistant's face changed drastically, as if he had encountered a major change.

James Murdoch was exhausted today and looked at his assistant's slightly stiff expression. Has something happened?

The assistant hung up the phone and said to James Murdoch: "Boss, just...I..."

He took a deep breath and calmed himself down and said: "The latest news, Relativity Entertainment held a press conference this morning, claiming to hundreds of media that Relativity Entertainment and Ronan Anderson, as well as Ronan Anderson's girlfriend Jessica Felton's phone was eavesdropped, and some evidence was presented on the spot. They have officially reported the case to the police and the FBI, and based on that part of the evidence, the target is vaguely directed to Twentieth Century Fox and…"

The assistant glanced at James Murdoch: "Personal to you."

The fax in his hand fell to the ground. James Murdoch was stunned for a moment and said, "Didn't I ask you to withdraw the person?"

"Last time, the last acquisition of Time Warner failed." The assistant reminded carefully: "You asked me to send someone out again so that I can collect information and then seek relativity entertainment."

James Murdoch instantly realized the seriousness of the problem. It was much more serious than eavesdropping on a British prince's phone call. He couldn't help but stand up and walk around anxiously.

"What should I do?" he murmured: "What should I do?"

The assistant was silent. Even if the boss didn't know what to do. He was a little assistant, how could he know what to do?
Chapter completed!