This Oct. 28, 2012, file photo shows Chris Harrison at the Hamilton "Behind the Camera" Awards at the House of Blues West Hollywood, Calif. (Photo by Richard Shotwell/Invision/AP, File)
NEW YORK (AP) --
'Bachelor in Paradise' host Chris Harrison says he's sorry for "any inconvenience and disappointment" to the cast, crew and fans of "Bachelor in Paradise," which has been put on a production hold amid misconduct allegations at the filming site in Mexico.
Harrison tells ABC News in a statement that the decision by producer Warner Bros. to halt production on the ABC reality show was made with the "safety and care of the cast and crew of our show" in mind. Warner Bros. spokesman Paul McGuire says the company is investigating the accusations and will take "appropriate responsive action." Neither Harrison, nor McGuire offered any detail on the accusations.
The spinoff of "The Bachelor" was shooting its fourth season. It was set to premiere next month.
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
