Reuters Unmatched Coverage
NASCAR, Comcast gate-crashing Disney-Fox deal, Samsung’s costly misstep, May Day clashes
May 11, 2018
Over the last few weeks, Reuters has delivered unmatched coverage of key stories from around the globe, ranging from an exclusive report on the majority owners of NASCAR exploring a sale, to on-the-ground video coverage of clashes in Paris on May Day. Here is a sampling of Reuters coverage that you can’t afford to miss.
NASCAR’s majority owners exploring sale
Reuters exclusively reported the majority owners of NASCAR, the company which operates the namesake U.S. car-racing series and other motorsport events, are exploring options that include the sale of a majority stake. The move comes as NASCAR grapples with an aging fan base, stricter safety rules and a competitive media landscape that have weighed on its popularity and made it less attractive to advertisers and sponsors.
Comcast preparing all-cash bid to gate-crash Disney-Fox deal
Shares of Twenty-First Century Fox rose as much as 4 percent, while shares of Comcast fell as much as 6 percent, after Reuters exclusively reported that the U.S. cable operator is asking investment banks to increase a bridge financing facility by as much as $60 billion so it can make an all-cash offer for the media assets that Fox has agreed to sell to Walt Disney for $52 billion. Disney Chief Executive Bob Iger clinched an all-stock deal with Fox Executive Chairman Rupert Murdoch in December to acquire Fox’s film, television and international businesses, giving the world’s largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix and Amazon.com.
How Samsung fell behind Sony and LG in the premium TV market
An exclusive Reuters report revealed how Samsung made a costly misstep in the premium television market by dropping production of organic light-emitting diode (OLED) screens in favour of QLED TV’s, which use quantum dots. Samsung is now the only major TV manufacturer not to produce OLED screens. A look at online reviews of both OLED and QLED TVs in the past couple of years indicate that OLED TVs made by South Korea’s LG Electronics and Japan’s Sony gained fans because of the quality of the picture.
May Day clashes in Paris
Reuters provided strong coverage from Paris as masked and hooded protesters hijacked a May Day rally in the French capital organized by Labour unions against President Emmanuel Macron’s economic reforms. Reuters live coverage of cars set on fire and police firing tear gas was picked by French channels and international networks. Edited coverage of the Paris street clashes was widely used by media.
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