In this Jan. 17, 2010 file photo, Robert De Niro, left, and Martin Scorsese, winner of the Cecil B. Demille Lifetime Achievement award backstage at the 67th Annual Golden Globe Awards in Beverly Hills, Calif. (AP Photo/Mark J. Terrill, File)
NEW YORK (AP) --
The cast of Martin Scorsese's "GoodFellas" will reunite for the film's 25th anniversary at the Tribeca Film Festival.
The festival announced Wednesday that a re-mastered version of the gangster film classic will close the 14th annual Tribeca Film Festival on April 25. Following the screening at New York's Beacon Theatre, Jon Stewart will host a conversation with Scorsese and the cast, including Robert De Niro, Joe Pesci, Lorraine Bracco, Ray Liotta and Paul Sorvino.
De Niro, who co-founded the Tribeca Film Festival, said in a statement: "I was most proud of this film 25 years ago and equally proud of it now."
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
