This image released by Warner Bros. Pictures shows Keir Dullea in a scene from the 1968 film, "2001: A Space Odyssey." (Warner Bros. via AP)
LOS ANGELES (AP) --
An unrestored 70mm print of Stanley Kubrick's masterpiece "2001: A Space Odyssey" is coming to select U.S. theaters in May in celebration of the film's 50th anniversary.
Warner Bros. Pictures says Wednesday that the cut will premiere at the Cannes Film Festival on May 12 before launching in select U.S. theaters on May 18. Filmmaker Christopher Nolan will introduce the film at the Cannes premiere, where members of Kubrick's family will also be in attendance. Kubrick died in 1999.
The studio says that the unrestored film, created from the original camera negative, will allow audiences to experience it as they did upon the film's release in 1968.
Warner Bros. will also later in the year release the film for home viewing in 4K resolution.
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
