MPAA Wanted To Cause Google Stock To Lose Value Through Coordinated Attack Alongside Mississippi AG Involving Media
The Motion Picture Association of America represents the six major Hollywood studios. Among those is 21st Century which is owned by NewsCorp, which in turn owns the Wall Street Street, Fox News, and NBC Universal among others. Jim Hood, the Mississippi Attorney General was instructed by the MPAA to aid in a coordinated attack on Google through the media and legal avenues while being all too aware that this would impact Google's stock price.
The MPAA wanted to use a non-profit firm "dedicated to IP Issues" to issue a Press Release attacking Google.
The MPAA was also seeking to use its leverage over 21st Century and it's connection to NewsCorp to push a media agenda designed to damage Google on the Today Show and in the Wall Street Journal.
"After the Today Show segment, you want to have a large investor of Google (George can help us determine that one) come forward and say that Google needs to change its behavior/demand reform. Next, you want NewsCorp to develop and place editorial in the WSJ emphasizing that Google's stock will lose value in the face of sustained attack by AGs and noting some of the possible cause of action we developed."
There will be more to come as the Court determines what else may need to be released in the on-going dispute Google has with the relationship between the MPAA and the Mississippi AG.
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