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    Spielberg’s “Bridge of Spies” to debut at NY Film Festival

    By SHOOTUpdated:No Comments1085 Views
    This image released by DreamWorks II Distribution Co., LLC and Twentieth Century Fox Film Corporation. shows Tom Hanks, right, and Mark Rylance in a scene from "Bridge of Spies." (Jaap Buitendijk/DreamWorks II Distribution Co., LLC and Twentieth Century Fox Film Corporation via AP)
    NEW YORK (AP) --

    Steven Spielberg's Cold War thriller with Tom Hanks, "Bridge of Spies," will premiere at the 53rd New York Film Festival.

    The Film Society of Lincoln Center announced its slate for this year's festival on Wednesday. "Bridge of Spies" adds to a lineup that already features the premieres of several anticipated fall movies: Robert Zemeckis' "The Walk," Danny Boyle's "Steve Jobs" and Don Cheadle's "Miles Ahead."

    The 17-day festival, which kicks off Sept. 25, will also include the debut of Laura Israel's documentary of photographer Robert Frank, "Don't Blink: Robert Frank."

    The rest of the selection features films making earlier festival stops, including Michael Moore's "Where to Invade Next," Todd Haynes' '50s lesbian drama "Carol," Rebecca Miller's romantic comedy "Maggie's Plan" and Michel Gondry's comedy "Microbe & Gasoline."

    Tags:Bridge of SpiesNew York Film FestivalSteven Spielberg



    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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