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    Tate Modern makes time for 24-hour movie “The Clock”

    By SHOOTUpdated:No Comments1776 Views
    People watch a section of the 24 hour video installation by Christian Marclay, which is entitled ' The Clock' at the Tate Modern in London, Tuesday, Sept. 11, 2018. (AP Photo/Alastair Grant)
    LONDON (AP) --

    Christian Marclay's "The Clock" is both the ultimate feature film and an artwork you can set your watch by.

    The Swiss-American artist has edited together thousands of movie clips containing clocks, watches or references to the time — one or more for every minute of the day — into a 24-hour video.

    It's a mesmerizing patchwork, full of sex, drama, action, excitement and hundreds of characters, that moves forward in time as it dances back and forth across film history.

    First displayed in 2010, the piece goes on show this week at London's Tate Modern , which plans several all-night openings so that it can be shown in its entirety.

    Marclay knows most visitors won't see the whole thing, and admitted Tuesday that he's never sat through the full 24 hours.

    Tags:Christian MarclayThe Clock



    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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