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    Sridevi, “Jurassic World” actor Khan win Indian film awards

    By SHOOTUpdated:No Comments2841 Views
    Bollywood actor Ranbir Kapoor poses on the green carpet at 19th edition of International Indian Film Academy (IIFA) awards in Bangkok, Thailand, Sunday, June 24, 2018. (AP Photo/Sakchai Lalit)
    BANGKOK (AP) --

    The late Sridevi was among Indian cinema performers honored at Bollywood's biggest annual event, the International Indian Film Academy Awards that concluded Sunday in Bangkok.

    Sridevi received the best actress award for her final role, in the 2017 film "Mom," in which she played a woman seeking vengeance after her stepdaughter is raped.

    Bollywood's leading lady of the 1980s and '90s, Sridevi was described as the first female superstar in India's male-dominated film industry. She accidentally drowned in February while in Dubai for a wedding.

    The leading film coming into the event, "Tumhari Sulu," took home the best picture prize. The story of a housewife who becomes a radio jockey had seven nominations.

    Director Saket Chaudhary and actor Irrfan Khan won top awards for "Hindi Medium," a tale of parents seeking a good education for their daughter. Khan, best known internationally for his role as the park executive Masrani in "Jurassic World," has been undergoing treatment for neuroendocrine cancer.

    The IIFA awards event, held each year in cities around the world, celebrates the Hindi-language film industry with awards and performances.

    Performers on Sunday included Rekha, who returned to the stage for the first time in 20 years. The 64-year-old star is known as Bollywood's timeless beauty and has acted in more than 180 films.

    Tags:International Indian Film Academy 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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