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    Embattled producer Scott Rudin resigns from Broadway League

    By SHOOTUpdated:No Comments1548 Views
    Scott Rudin arrives at the Golden Globe Awards in Beverly Hills, Calif. on Jan. 16, 2011. (AP Photo/Matt Sayles, File)
    NEW YORK (AP) --

    Film and theater producer Scott Rudin is resigning from the powerful Broadway League as he faces allegations of decades of abusive and violent behavior. 

    "I know apologizing is not, by any means, enough," Rudin, whose credits include "To Kill a Mockingbird," "The Book of Mormon" and a revival of "West Side Story," wrote this week in an email to The New York Times. "In stepping back, I intend to work on my issues and do so fully aware that many will feel that this is too little and too late."

    The Broadway League is the trade association for theater owners and producers.

    His decisions follow a cover story in The Hollywood Reporter earlier this month containing accounts, which he has not denied, of throwing objects at employees and engaging in ongoing verbal abuse. 

    Rudin, 62, has previously said he would be "stepping back" from his stage productions.

    Most of Rudin's collaborators have been quiet following the article, but several prominent labor unions earlier responded. The Actors' Equity Association, which represents more than 51,000 professional actors and stage managers in live theater, called on Rudin to release former employees from nondisclosure agreements signed during employment with him.

    Hundreds of theater workers marched down Broadway on Thursday, rallying to demand more inclusion in the industry and calling for Rudin to be removed from the Broadway League.

    "Hey, hey, ho ho. Scott Rudin has got to go!" the crowd chanted.

    Tags:bullyingScott Rudin



    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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