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    “Batman v Superman,” “Zoolander 2” lead Razzie nominations 

    By SHOOTUpdated:No Comments3334 Views
    This image released by Warner Bros. Pictures shows Ben Affleck, left, and Henry Cavill in a scene from, "Batman v Superman: Dawn of Justice." (Clay Enos/Warner Bros. Pictures via AP)
    NEW YORK (AP) --

    The much-derided superhero clash "Batman v Superman: Dawn of Justice" and the far-too-late comedy sequel "Zoolander 2" are the leading nominees for the 37th annual Razzie Awards.

    "Zoolander 2" drew nine nods and "Batman v Superman" landed eight in nominations announced Monday for the worst films and performances of 2016. Both are up for worst picture, along with "Gods of Egypt," ''Independence Day: Resurgence," ''Dirty Grandpa" and the political documentary "Hillary's America: The Secret History of the Democratic Party."

    Many nominees are typically acclaimed performers, including Robert De Niro ("Dirty Grandpa"), Naomi Watts ("Divergent Series: Allegiant" and "Shut-In"), Kristen Wiig ("Zoolander"), Johnny Depp ("Alice Through the Looking Glass"), Will Ferrell ("Zoolander 2"), Ben Affleck ("Batman v Superman") and Julia Roberts ("Mother's Day").

    "Winners" will be announced Feb. 25.

    Tags:Razzie Awards



    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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