In this Jan. 29, 2015 file photo, Nick Carter arrives at the "Backstreet Boys: Show 'Em What You're Made Of" premiere at the Arclight Cinemas - Cinerama Dome, in Los Angeles. (Photo by Rob Latour/Invision/AP, File)
LOS ANGELES (AP) --
A zombie TV movie is bringing together members of two boy bands.
Backstreet Boys Nick Carter, A.J. McLean and Howie Dorough will star in the Syfy channel's "Dead 7," along with Joey Fatone of 'N Sync fame.
Movie production company The Asylum said the post-apocalyptic drama follows ragtag gunslingers trying to free a town of a zombie plague.
Carter is also producing and co-writing the film, and his wife, Lauren Kitt Carter, will join him as part of the cast.
"Dead 7" is scheduled to air in 2016, the Syfy channel said Tuesday.
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
