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    Daytime Emmys back on TV, but with socially distanced show

    By SHOOTUpdated:No Comments1239 Views
    This May 5, 2019 file photo shows host Mario Lopez on stage at the 46th annual Daytime Emmy Awards in Pasadena, Calif. The Daytime Emmy Awards are skipping a theater ceremony because of the coronavirus but the honors will be presented on a TV broadcast on June 26. Nominations for the 47th annual Daytime Emmys will be announced Thursday on CBS’ “The Talk,” with categories including best drama series, talk show and game show. The TV academy that organizes the daytime awards had announced it wouldn’t hold the traditional theater ceremony out of pandemic safety concerns. (Photo by Chris Pizzello/Invision/AP, File)
    LOS ANGELES (AP) --

    The Daytime Emmy Awards are skipping a theater ceremony because of the coronavirus but the honors will be presented on a TV broadcast.

    CBS' decision to air the awards on June 26 is a bright spot for the daytime honors, which had been consigned to an online presentation in recent years as viewer interest dwindled.

    Nominations for the 47th annual Daytime Emmys are to be announced Thursday on CBS' "The Talk," with categories including best drama series, talk show and game show.

    The New York-based National Academy of Television Arts & Sciences, which organizes the daytime awards, had previously announced it wouldn't hold the traditional theater ceremony out of pandemic safety concerns.

    Awards will be presented on the CBS broadcast in leading categories, with winners and "other special guests appearing from home in light of the COVID-19 pandemic," the network and academy said in a joint announcement.

    Winners in other categories will be announced on Twitter during the two-hour telecast, with more awards to be presented in a July ceremony, the academy said.

    CBS is "thrilled to welcome back the Daytime Emmy Awards," said Jack Sussman, the network's executive vice president in charge of specials and live events. The network is the home of daytime shows including soap operas "The Young and the Restless" and "The Bold and the Beautiful."

    Tags:CBSDaytime EmmysNational Academy of Television Arts & Sciences



    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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