Murdoch is not Japanese. He is a very shrewd businessman, otherwise he would not have built a news empire. Therefore, it is obviously unrealistic to expect him to behave like a wealthy Japanese. The Japanese are so arrogant in this era that they buy everywhere because they are rich and willful now, but Murdoch is different. Even Li Mingbao has never dealt with this person before, but just looking at some information, I also understand that he is a very calculating businessman, and it is difficult to expect him to buy and buy. ¡°But such a person wants to buy the now overvalued Twentieth Century Fox Company. Li Mingbao really doesn¡¯t understand this behavior. But if you don¡¯t understand, you don¡¯t understand. The facts are like this, and Li Mingbao has no place to reason. And until now, Li Mingbao can't tell his guess, because John still doesn't know what group he wants to acquire Twentieth Century Fox. Therefore, in order to facilitate subsequent conversations, Li Mingbao had to start from this topic. "The price that can make your heart beat, John, seems quite extraordinary. Especially for the current Twentieth Century Fox Company, the price is quite high. What kind of group has so much capital? Do you mind telling me?" Li Mingbao He asked pretending to be curious. "It is indeed a group with great capital. Although it was not well-known in the United States before this, this group has considerable power in other regions. News Corporation, have you ever heard of it? "John asked Li Mingbao. "News Corporation? Isn't it the company of that big guy Murdoch? If it were really them, it wouldn't be difficult to buy your 20th Century Fox company. They really have the financial resources to pay for you. The price of satisfaction." Li Mingbao said pretending to be surprised when he heard John's words. "So you also know about News Corporation? I thought you didn't know. After all, this group is not an American group, and it doesn't have much power in the East. I thought I wanted to explain it to you. Since you know This group will save me a lot of effort. It is indeed this group that is negotiating with our company this time. Their strength is definitely among the top 500 in the world. It is not difficult for them to acquire our company. "John also said with some surprise. "I can be considered an insider after all. Although I have little involvement in the news industry, News Corporation is one of the large news groups in the world that I know about, or it is the most famous group. After all, the British "The Times" was only acquired by them two years ago, and Hong Kong, where I live, has relatively close ties with the United Kingdom. In this case, it is not surprising that I know this group. "Li Mingbao is very natural. said. Hearing Li Mingbao¡¯s explanation, John also believed it. After all, Hong Kong is still a British colony, and the British Times has a very high status in the hearts of the British. Such a newspaper was acquired by News Corporation two years ago. Hong Kong knows about News Corporation After all, it's nothing unusual. "This group has a very good appetite, and their boss Rupert Murdoch is also a genius. It is hard to believe that the power they started from was just an Australian tabloid, and they can spend decades to build such a tabloid. At the current scale, Murdoch's ability is considered a very outstanding figure even in the United States. No, it should be said to be a legendary figure. Of course, Mr. Li, your experience is also legendary. If you are a white man, I am afraid that more people in the United States will like you now, and the treatment you receive will definitely not be worse than that of Murdoch. In just four years, you have gone from being penniless to being worth nearly a billion dollars. , your experience is also legendary. Compared with your achievements, I can only envy you." John said with emotion. "Mr. John, you are really flattering me. In fact, a big reason for my current achievements is that I am very lucky, have a good development opportunity, and there are many coincidences. It took a long time for me to have the wealth I have now. About We don¡¯t need to say more about this topic, but if it were Murdoch, I find it hard to believe that he would acquire the current Twentieth Century Fox Company. After all, he is a very shrewd businessman, and the current Twentieth Century Fox Company, To be honest, the strength is definitely not as high as the valuation. In my opinion, such a deal is quite uneconomical. It is hard for me to believe that a shrewd businessman like Murdoch would choose to acquire 20th Century Fox instead. Other giants in Hollywood." When Li Mingbao said this, he was actually not giving John face. After all, saying that Twentieth Century Fox was not a good choice in person was an embarrassing thing for the boss of this company. But Westerners are not as secretive on this issue as Easterners. Unless it is related to their actual interests, otherwise they are very relaxed about these issues.Open. "Indeed, normally speaking, Twentieth Century Fox is actually not the best acquisition choice. After all, the current stock price of Twentieth Century Fox has inflated greatly due to the North American box office. The actual strength of the company is up to If it is less than this level, there is a lot of chance, and there are many bubbles. Anyone who understands will know that the current stock price of Twentieth Century Fox is actually a bit erratic. It is okay to speculate, but acquisition is not a good idea. " John told the actual situation of his company with a smile. "But Mr. Murdoch really wants to acquire 20th Century Fox. This is an indisputable fact. Doing it at the highest stage will definitely be beneficial to you, John. But I I just don't understand why Murdoch would do this, it's not in line with his interests." Li Mingbao raised this question. "If it were another person, I wouldn't like to tell him some of the things here, but for you, Mr. Li, I don't mind telling you some more unique news, because there may be more between us. cooperation, before the acquisition is completed, "John said with a smile still on his face. "I would like to hear the details." Li Mingbao asked with curiosity. "Regarding this issue, it is difficult for ordinary people to understand. Even at the beginning, it was difficult for me to understand the reason why Mr. Murdoch did this. However, during the subsequent negotiations, I understood Mr. Murdoch's approach. . To put it bluntly, he actually doesn¡¯t care about the loss in premium, or even the loss in premium. He has already considered it. For News Corporation, the advantages outweigh the disadvantages in terms of the premium, so he went to 20 with us. Cooperating with Century Fox, Mr. Murdoch is a very shrewd businessman. Likewise, his profession also allows him to have a deep understanding of the nature of journalism. He was able to turn a tabloid into a big business in just a few decades. The growth to its current scale is actually inseparable from one important reason, and that is hype. Can the value of The Times newspaper really reach 12 million pounds? After all, I can¡¯t see the influence of this newspaper. , it cannot be said that it is very global, that is, it only has a great influence in the British Commonwealth. The real industrial scale is actually just that, but he spent such a high price to buy The Times. After all, the purpose is actually very simple, that is, before their group acquired "The Times", the name News Corporation was not very famous, even though they had basically completed the monopoly of the Australian newspaper industry, and The progress in other countries is also quite good, even in the UK, they have considerable influence, but even so, they are not the first-class newspaper company in the global newspaper field. After acquiring The Times, their power in the newspaper industry suddenly reached a first-class level and achieved a qualitative leap. So even though The Times paid a high price, in fact they were. It's a profit, because after having this newspaper, their background has become completely rich. When it comes to acquiring our company, 20th Century Fox, News Corporation also has such hype. The actual price of our company is indeed higher than the quoted price. It's a bit lower, but our company's exposure rate in the past year or two is unmatched by other giant companies. As long as you look at the North American box office charts, the first thing you see is always our company, 20th Century Fox. For a News Group, a group that specializes in creating topics, our company¡¯s advantage over other companies is even more obvious. As long as our myth is not broken by other companies, they can always get such publicity dividends. By taking the opportunity to acquire our company, they also made their own voice heard in the United States, that is, News Corporation has come to the United States. For a newspaper group that has conquered Europe, if it can give the United States the market again. Once conquered, they will be able to completely become a global news group and overwhelm other newspaper groups, giving them more confidence. Under such circumstances, even if it is our offer from Twentieth Century Fox. If the value is higher than the actual value, those who work in the news will find it a good deal. For them, the topic is the key to survival, and other things are secondary. So Mr. Li, you now understand why both I and Murdoch are so happy about this acquisition, right? "John explained the details clearly to Li Mingbao in one breath, and also made Li Mingbao understand that News Group's interests are actually different from those in his own eyes. "If this is the case, then I finally understand. Why would Mr. Murdoch, such a shrewd person, choose Twentieth Century Fox to start his business? The interests that we don¡¯t care about are the most important to him.By acquiring 20th Century Fox, they will have many inherent advantages when entering the US market. Especially in terms of topicality, among the giant companies in Hollywood, only 20th Century Fox has the most topics. At this point, even if the premium is lost, they can make it back in other ways, forming a win-win situation. "Li Mingbao admires the skills of these old foxes.