My Age of Investment

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The next day, early in the morning.

The little dog hastily knocked open the door of Xia Jingxing's temporary office, and once he entered, he said excitedly: "Boss, Murdoch, the old tortoise, finally made a move!

News Corp. suddenly held a press conference in Los Angeles early this morning. The scene was packed with darkness. It is estimated that hundreds of media were invited to witness the event.

At the meeting, News Corp. took out the so-called "evidence" - a hard drive containing many videos that we have released all over the world.

The spokesperson of News Corp. listed all kinds of crimes against Youtube and Facebook, saying that we flouted the laws of the United States, disrespected intellectual property rights, destroyed the industry ecology, and caused huge economic losses to News Corp...”

The little dog danced and gestured, as if he was at the scene, vividly depicting the scene.

Xia Jingxing's face was calm, he was not surprised by this news at all, because he had already made corresponding preparations and was waiting for this day to come.

Moreover, he also predicted that Murdoch would make some moves in the next few days, because Redstone and others leaked many of Murdoch's blending plans to him in order to sell better than him.

Now, the five giants can get real benefits more easily, and they don't plan to engage in lawsuits and blackmail with Murdoch.

Murdoch is not a fool, and most likely he has noticed it, knowing that the five teammates with their own ulterior motives can't be counted on at all.

At this point, even though News Corp. is the only one responsible for the trouble, they are determined not to be anticlimactic.

Moreover, if you lose the lawsuit, you will not lose a piece of skin, but if you win the lawsuit, there are many benefits, so there is no reason not to persevere.

"A hard drive?"

Xia Jingxing noticed an interesting thing, which shows that Murdoch has not been idle in collecting evidence these days besides collating everywhere.

This is at least better than Powell who took out a tube of detergent reagent a few years ago.

"Yes, it's the hard drive. It should be that Murdoch specially asked someone to download and save all the videos on Youtube related to the copyright of News Corporation before we took them down."

Xia Jingxing nodded, this matter cannot be denied, even if Murdoch does not send someone to download the video, there are other ways to prove that there have been related videos on the Youtube platform that the copyright belongs to News Corporation.

After all, with more than 200 million users on Youtube, it is impossible to block the mouths of everyone.

"Okay, I see. Is there a live video of the press conference?"

Xiaogou looked down at his watch, "The press conference is coming to an end soon, wait a moment, as soon as it's over, an on-site staff will send us the full video.

Today’s media in the past, in addition to the more than 100 TV stations and newspapers under the News Corporation, there are also some media invited from outside, and two of them are old friends with us. "

"Okay, please let me know. When the video is uploaded, let's have a meeting together."

Xia Jingxing paused, and then said, "Oh, remember to call the people from Zhongda Law Firm."

Founded in 1893, Jones Day has 44 offices around the world and specializes in litigation, transactions, regulatory and tax matters, antitrust and competition law, banking, finance, commercial, cybersecurity, and global corporate disputes , ranked among the top ten commercial law firms in the United States.

Although the six giants of Hollywood have been divided and disintegrated, and the possible pressure from all aspects has been minimized, Xia Jingxing still does not take it lightly.

Of course, Mr. Gates will pay for all this.

After the puppy left, more than half an hour later, the administrator called Xia Jingxing's office and informed him to go to the meeting room for a meeting.

When Xia Jing walked into the meeting room, the executives and shareholders of Facebook and Youtube had already gathered.

The huge display screen hanging in the meeting room is starting to play the complete video of the press conference held by News Corporation today.

He nodded to everyone, and sat down in an empty seat close to the screen.

“Youtube’s business model has been guilty of original sin since its inception, uploading the results accumulated by other film and television companies for decades to the Internet at will. Relying on advertising to make a lot of money, according to reliable sources, YouTube’s revenue has exceeded 100 million U.S. dollars in the past twelve months..."

"Of course we communicated with Youtube! At first we sent a letter to them, intending to negotiate this matter amicably. But the management of Youtube has always been perfunctory, neither reached a copyright cooperation agreement with us, nor removed the relevant infringing videos, or It was taken off the shelf, and it came back up in a few days.”

"For this start-up, Mr. Murdoch has always been tolerant and kind, but his friendliness has become the confidence for the perpetrators to trample on the law time and time again. In the end, we decided to take up legal weapons and maintain own legitimate rights and interests."

"In this long-term infringement incident, Facebook also played an accomplice to YouTube. They took advantage of the convenience of social networks to make the spread of pirated content more widespread."

...

On the screen, the spokesperson of News Corporation showed various evidences to the media, and then took out a table, which detailed the various losses of News Corporation.

There are all kinds of things, so I almost wrote down the rent, water and electricity bills.

In the end, a spokesman for News Corporation stated that it has formally sued Facebook and YouTube in federal court, claiming $1 billion in economic losses from each of the two websites.

"Fack..."

After reading it, Facebook CTO Evans directly burst out a long list of foul language.

"Two billion dollars. Our two companies have never made so much money since their establishment. Even the revenue figures are far from this amount..."

A leading middle-aged lawyer of Jones Day smiled and waved his hands, "Please don't get excited, we have seen too many cases like this, the amount of the claim is not important, what matters is the outcome of the lawsuit.

We have thoroughly analyzed the case and the odds are good.

The existence of the "Digital Millennium Copyright Act" is extremely beneficial to the excuse of Facebook and YouTube.

Of course, there are also places that are not good enough, and the speed of removing videos is not so timely.

This is also a point that News Corporation is clinging to, and they believe that YouTube has developed a system to identify pirated content, and they are clearly capable of blocking illegal content, but they deliberately turn a blind eye.

In the defense session, this should become a point for them to attack us. "

The lawyer is very professional. In front of Facebook, Youtube executives and shareholders, he comprehensively analyzed the entire case, including the evidence relied on by the opponent, and the points that his own party relied on that were vulnerable to attack, and made all statements.

Xia Jingxing nodded. From the perspective of normal procedures, this case is not particularly complicated. There are many points that can be torn apart. Facebook and YouTube are not completely helpless.

The lawyer reminded: "In addition, let me emphasize one more point. News Corporation is a media empire. We need to beware of them launching public opinion attacks and interfering with judicial decisions. It is unconstitutional for the court to issue a gag order to the media. Freedom of speech is more important than anything else."

Xia Jingxing pursed his lips, freedom of speech is a fool, Chuan Bao must have something to say about this.

"There are many cases where public opinion influences judicial decisions, such as the Rodney King incident more than ten years ago."

Xia Jingxing knew about this case, it was very famous, it was similar to the case of Floyd, it was a story of white policemen and gangsters, and it caused a big riot, the gangsters came out to buy for zero yuan one after another, smashed and set fire, many people were killed and injured Thousands of people, the flames dyed the entire Los Angeles red.

And the instigator is the media that cut the beginning and the end of the "police beating people" video. In order to pursue the eyeball economy and market value, they will do everything possible.

"Of course, Darren, your affairs may not be able to scratch the G-spot of public sentiment, but you still have to be careful recently, and don't give your opponent a chance to make a big fuss."

The lawyer's reminder is very reasonable. News Corporation, which is capable of eavesdropping on high-ranking officials and dignitaries, and the royal family, is not too much to describe as daring.

If he were Murdoch, how would he wield the stick of public opinion?

Xia Jingxing fell into deep thought.

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