Senior Staff Photographer/Editor, Toronto, Ontario
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Apr 12, 2015

What to do with Dad: A dilemma for France’s Le Pen

PARIS (Reuters) – The daughter accuses the father of political suicide; the father publicly suspects she would like him dead anyway; and the grand-daughter watches in the wings, ready to pick up the pieces.

The feud within the Le Pen dynasty that has ruled France’s National Front (FN) for four decades is teetering between high drama and a low farce that could emerge as the biggest threat yet to the far-right party’s quest for mainstream power.

Apr 12, 2015

Analysis – What to do with Dad: A dilemma for France’s Le Pen

PARIS (Reuters) – The daughter accuses the father of political suicide; the father publicly suspects she would like him dead anyway; and the grand-daughter watches in the wings, ready to pick up the pieces.

The feud within the Le Pen dynasty that has ruled France’s National Front (FN) for four decades is teetering between high drama and a low farce that could emerge as the biggest threat yet to the far-right party’s quest for mainstream power.

Apr 7, 2015

Vivendi in exclusive talks to buy Orange’s Dailymotion

PARIS (Reuters) – French media group Vivendi has entered exclusive talks to buy 80 percent of video-sharing website Dailymotion from telecom operator Orange for 217 million euros ($236 million), the companies said on Tuesday.

The offer won the backing of a “large majority” of Orange’s board, ahead of a rival bid from German broadcaster ProSiebenSat.1, Orange chief Stephane Richard told a parliamentary economic affairs committee.

Apr 6, 2015

Vivendi offers Eur 250 million for most of Dailymotion: source

PARIS (Reuters) – French media group Vivendi has made a 250 million euro ($275 million) indicative offer for most of Dailymotion, the video-sharing website owned by French telecoms group Orange, a source said on Monday.

The source said that Orange’s board would meet on Tuesday to discuss Vivendi’s proposal, confirming a report by French daily Le Monde published on Monday.

Apr 6, 2015

Vivendi offers Eur 250 mln for most of Dailymotion-source

PARIS, April 6 (Reuters) – French media group Vivendi
has made a 250 million euro ($275 million) indicative
offer for most of Dailymotion, the video-sharing website owned
by French telecoms group Orange, a source said on
Monday.

The source said that Orange’s board would meet on Tuesday to
discuss Vivendi’s proposal, confirming a report by French daily
Le Monde published on Monday.

Apr 3, 2015

Activist hedge fund says will not seek to replace Vivendi board

PARIS (Reuters) – U.S. hedge fund P. Schoenfeld Asset Management (PSAM) will stop short of seeking to replace the board of Vivendi at an April 17 shareholders’ meeting, despite opposing the French media group’s stance on shareholder returns.

“We are not planning to try to put any new directors on┬áthe agenda,” Peter Schoenfeld told Reuters in an interview. “We have no plans in that respect at all.”

Apr 2, 2015

German pilot did computer searches on suicide in days before crash

PARIS/DUESSELDORF, Germany (Reuters) – German prosecutors said on Thursday they believed the co-pilot who crashed a Germanwings plane in the French Alps last week had searched on a computer for ways to commit suicide shortly before the crash which killed 150 people.

In a statement, prosecutors in his home town of Duesseldorf they said the computer, found in his home, also showed searches on cockpit doors and safety precautions related to them.

Mar 24, 2015

Vivendi urges shareholders to snub activist U.S. investor

PARIS, March 24 (Reuters) – French media group Vivendi
urged shareholders on Tuesday to reject demands by a
U.S. activist hedge fund for a larger payout from the proceeds
of recent asset sales.

Responding to draft resolutions proposed by P. Schoenfeld
Asset Management (PSAM), Vivendi said its existing dividend plan
already “ensures shareholder loyalty”.

Mar 17, 2015

Orange to boost network investments to fuel recovery by 2018

PARIS (Reuters) – France’s Orange will plow 15 billion euros ($15.9 billion) into upgrading networks until 2018 to differentiate itself from rivals in a price war in its domestic market.

Orange, Europe’s fifth-largest telecom operator by market value, also said that it would take until 2018 for its sales and core operating profit to exceed 2014 levels.

Mar 12, 2015

France’s low-cost telco Iliad aims to raise operating profit by 10 pct

PARIS, March 12 (Reuters) – French telecoms group Iliad
pledged to raise operating profit by 10 percent this
year after it reached a 15 percent market share in mobile three
years after shaking up the market with low-cost, no-contract
plans.

Founded and majority-owned by billionaire Xavier Niel, Iliad
sparked a price war in mobile in 2012, forcing larger rivals
Orange, Numericable-SFR and Bouygues Telecom
to cut costs to cope.

    • About Hyungwon

      "As a photojournalist for more than a quarter of century, Hyungwon Kang has been a witness to history. Kang has worked for Reuters, The Associated Press, Los Angeles Times and TIME Magazine. During his tenure in journalism, Kang has served as a Photographer, Photo Editor, Front Page Photo Editor, Photo Assignment Editor, and as a Manager of Photo Department. Currently, Kang works as Senior Picture Editor at Reuters Pictures North America Desk. Duties include assigning and editing of news, sports and feature coverage of the U.S. and Canada as well as participating in news coverage as needed."
      Joined Reuters:
      2001
      Languages:
      English, Korean, Spanish, Mandarin Chinese
      Awards:
      Pulitzer, 1993
      Pulitzer, 1999
    • More from Hyungwon

      Publications:
      "From the Streets to the Olympics, (Korea, Democracy and the 24th Olympiad, 1987-88)
      Art Space publications, 1989"
    • Contact Hyungwon

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