Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
NEW YORK (Reuters Breakingviews) - The Force could be with a Walt Disney deal for Twenty-First Century Fox. The Magic Kingdom is getting close to buying parts of Rupert Murdoch’s $60 billion empire, according to news reports. Disney would add to its clout with global outlets and cable content. The Murdoch family, meanwhile, may fancy shares in a bigger group. A deal could help with succession problems at both companies, too.
NEW YORK (Reuters Breakingviews) - Facebook is launching a messaging app for kids under 12. It’s a bid to attract a new generation of users by a company struggling to lure youngsters from Snapchat. Yet it’s also a political gamble for the $500 billion social-networking site.
NEW YORK (Reuters Breakingviews) - Despite some media pundits’ suspicions to the contrary, David and Charles Koch may be cooking up nothing more than a decent investment in publisher Meredith. Through Koch Industries’ private-equity arm, the Republican-leaning activist U.S. billionaires are sinking $650 million into Meredith to help it buy Time Inc for $2.8 billion including debt. The Kochs get preferred shares, but no votes or board seats. Like Carlos Slim’s loan to the New York Times, the potential returns look more financial than political.
NEW YORK (Reuters Breakingviews) - Time beat the clock. After rejecting at least two earlier entreaties, the publisher of Fortune, Sports Illustrated and other magazines agreed to be acquired by rival Meredith for $1.8 billion, which includes a hefty 46 percent premium. It’s a lucky break because a go-it-alone strategy looked doomed. Bountiful cost savings, however, will go to the buyer and its new billionaire backers.
NEW YORK (Reuters Breakingviews) - President Donald Trump’s administration is scrambling media signals. The Department of Justice on Monday sued to block AT&T’s merger with Time Warner over concerns the two will use content to stiff rivals. But another agency intends to scrap rules that force internet providers to treat web traffic equally.
NEW YORK/WASHINGTON (Reuters Breakingviews) - Randall Stephenson is going to war. The AT&T chief executive is fighting the U.S. Department of Justice after it sued to block his $85 billion merger with Time Warner. Faced with similar opposition six years ago, Stephenson gave up a $39 billion tilt for T-Mobile US. Anything less than all-out victory this time would be fatal.
NEW YORK (Reuters Breakingviews) - The telecom firm’s acquisition of Time Warner, owner of CNN, may hit regulatory hurdles in D.C. President Trump’s caustic tweets against the news network look self-interested, but watchdogs could yet legitimately rethink norms of competition. Plus: GE searches for a way forward.
NEW YORK (Reuters Breakingviews) - The chipmaker’s hostile tilt at Qualcomm is a rare aggressive move in the sector. Qualcomm has its own issues, awaiting approval for its NXP deal and fighting Apple in court. It all suggests the tech sector is too frothy. Plus: Is Hong Kong losing its moxie as a financial center?
NEW YORK (Reuters Breakingviews) - Netflix is pushing over-the-top thinking. Walt Disney may be mulling a bid for Rupert Murdoch’s film studio and cable networks. A deal would reduce Twenty-First Century Fox to news and sports assets while helping the Magic Kingdom bulk up to fight the video-streaming network.
NEW YORK (Reuters Breakingviews) - Crown Prince Mohammed bin Salman has a $500 bln plan to attract new business to the oil-dependent kingdom: build a utopian society on the Red Sea free of many of Saudi’s legal and cultural constraints. Plus: why tech and finance execs won’t be joining President Trump in Asia.