Film Independent has announced the winners of its three Emerging Filmmaker Awards at its annual Spirit Awards nominee brunch held on Friday (1/6) at Hotel Casa del Mar. Spirit Awards Honorary Chair Lily Gladstone (Killers of the Flower Moon, The Unknown Country) and Colman Domingo (Rustin, The Color Purple) served as hosts for the event and handed out the honors. Winners for the remaining categories will be revealed at the 2024 Film Independent Spirit Awards on Sunday, February 25.
“Understanding the enormous challenges independent artists are facing, it’s essential that they are provided the resources to move forward with their artistic visions,” said Josh Welsh, president of Film Independent. “The Emerging Filmmaker Awards provide vital support to these talented artists, enabling them to continue to develop new work and thrive as singular artists.”
The Someone to Watch Award presented by Stella Artois was given to Monica Sorelle, director of Mountains. The award recognizes a talented first-time narrative filmmaker of singular vision who has not yet received appropriate recognition. The award, which is in its 30th year, includes a $25,000 unrestricted grant. The finalists for the award included Joanna Arnow for The Feeling That the Time for Doing Something Has Passed and Laura Moss for Birth/Rebirth.
The Truer Than Fiction Award was presented to Set Hernandez, director of unseen. The award is presented to a first-time director of non-fiction features who has not received significant recognition. The award is in its 29th year and includes a $25,000 unrestricted grant. Jesse Short Bull and Laura Tomaselli for Lakota Nation vs The United States and Sierra Urich for Joonam were finalists for the award.
Finally, the Producers Award went to Monique Walton. The award honors emerging producers who, despite highly limited resources, demonstrate the creativity, tenacity, and vision required to produce quality, independent films. The annual award, in its 27th year, includes a $25,000 unrestricted grant funded by Bulleit Frontier Whiskey. Finalists were Rachael Fung and Graham Swon.
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
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