Rupert Murdoch regains his ambition to set off

Three years after its "trough" in life, Rupert Murdoch, chairman of News Corp., has begun to regain its ambitions.

Within a few years of the acquittal of Rebekah Brooks, the former top executive behind the wiretapping scandal, Murdoch's media empire was not caught up in a crisis of life and death as expected, , And has a proud market value.

Although the eavesdropping scandal broke out in July 2011 dividing the media empire into the New Press Group and 21st Century Fox, the combined market capitalization of both companies outpaced the $ 48 billion eve of the eavesdropping storm 85 billion U.S. dollars.

Among them, the 21st Century Fox also made substantial profits due to the recovery of the television industry, and analysts also said News Corp.'s newspaper industry in the UK and Australia recorded a steady growth. Therefore, investors welcome the split of this company.

However, for the Murdoch Empire, tapping the scandal is still a big bother, and it will continue to affect the future of News Corp.

Generous acquisition

News Corp has long been known for its continued large acquisitions, such as the acquisition of Dow Jones and Myspace, but these acquisitions proved not as smooth as expected.

Jonathan Knee and Bruce Greenwald In Their Best-Selling The Cursed Giant: Why the Media Tycoon Comes to a Dead End? (The Curse of the Mogul) writes that News Corp's efforts to replicate successful experiences across markets often prove to be wrong because of poor preparation and poor thinking.

Before the eavesdropping scandal broke out, Murdoch's media empire also intends to acquire BSkyB, but did not succeed. "But it is still too early to assume that News Corp missed a valuable opportunity to expand the market," said Claudio Aspesi, an analyst at Bernstein.

21st Century Fox is currently planning to sell its stake in Sky Deutschland and Sky Italia to British Sky Broadcasting.

The acquisition of online news portal Storyful and romance publisher Harlequin is relatively modest. Doug Arthur, an analyst at market analyst Evercore Partners, said News Corp. is not wise to make a takeover that would fundamentally transform its corporate structure.

News Corp. split back into two companies, returned to its investors billions of assets, which makes Murdoch changed his habit before, began to buy back shares in the group.

Revive the British newspaper

During the eavesdropping storm, Murdoch did not attach importance to its British newspapers, including The Sun and the Times. However, the situation has changed as issues become more exposed.

Murdoch renamed his British newspaper News UK and appointed former British Sky Video chief Mike Darcey as the new chief executive. In addition, the British Press Building will be moving from the Wapping headquarters in eastern London to a new building near the Shard this summer.

News UK is facing the biggest problem is how to reverse the "Times" and the "Sun" continuous loss situation. It is reported that since 2001, the two newspapers have accumulated losses of over 500 million pounds.

Among them, the "Sun" was exposed from 2001 to July 2013, a loss of 75 million pounds, in addition to high legal expenses, mainly due to its failure to replace the already closed "News of the World," and get a substantial amount of advertising and distribution the amount.

In this regard, "News UK" self-help measures and Murdoch's pay-television idea coincide, it intends to sports rights to broadcast the right to market the door. The Sun's 100,000 digital subscribers watch the Premier League on mobile devices, while the Times' 350,000 subscribers are free to use Spotify's music services.

Inheritance dispute and bribery suspicion

As early as three years after the eavesdropping scandal broke out, revolving around empire inheritance, many senior executives and their older children around Murdoch were eyeing.

Murdoch's daughter, Elisabeth, is ready to board the board, and his son James has been managing the group's European operations. The other son, Lachlan, still ranks in Imperial inheritance after losing his fight with the group's New York executives.

After the eavesdropping scandal broke out, everything will be reshuffled.

Joel Klein, a U.S. attorney, is on the board, and Murdoch's loyal supporters Les Hinton and Tom Mockridge are lifted out of the game .

Elizabeth is also far from power disputes with his father.

James returned to the U.S. headquarters following the tremendous pressure on investors in the British newspaper business and was appointed Acting Chief Operating Officer of The New York News Group. Lacaren also returned to the group's US headquarters, becoming New News Corporation and vice chairman of 21st Century Fox.

After the storm eavesdropping, Murdoch is the biggest problem facing News Corp may be involved in the charges because of the behavior of former World News.

Although many journalists have acknowledged tapping crimes and no further bribery has been detected at the moment, News Corp's bribery suspects still challenge Murdoch's media empire to the U.S. Foreign Corrupt Practices Act .

Saunders, the presiding judge in the case of Rebecca Brooks, said News Corp. declined to cooperate with the London Police Agency, realizing it may face suspicion of being accused. This can create unnecessary trouble for the police to gather evidence.

Lysington, former chief executive of News Corp.'s News International, was investigated by the police in 2012. It is said that the police intend to interrogate Murdoch himself, this news group declined to comment.