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    Pop channel bringing Daytime Emmys ceremony back to TV

    By SHOOTUpdated:No Comments1171 Views
    In this June 22, 2014 file photo, Sheryl Underwood, left, and Sharon Osbourne present the award for outstanding lead actor in a drama series at the 41st annual Daytime Emmy Awards in Beverly Hills, Calif. (Photo by Chris Pizzello/Invision/AP, File)
    LOS ANGELES (AP) --

    The Daytime Emmys ceremony is returning to television with a new home on the Pop channel.

    The National TV academy and Pop, formerly the TV Guide Network, made the announcement Monday. The ceremony will air live from a Warner Bros. studio soundstage.

    After losing its longtime spot on the broadcast networks in 2012, the Daytime Emmys aired on cable news channel HLN for two years.

    Last year, it settled for streaming the proceedings online — a change in fortune that reflected the dwindling daytime audience.

    In a statement, Pop channel President Brad Schwartz said adding such live events is among the ways the rebranded channel will grow.

    The 42nd annual Daytime Emmys, produced by Michael Levitt, will air live on Sunday, April 26. A host was not announced.

    Tags:Daytime Emmys



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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