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    Hulu sets “11/22/63” series based on Stephen King novel

    By SHOOTUpdated:No Comments829 Views
    In this Dec. 7, 2012 file photo, novelist Stephen King speaks to creative writing students at the University of Massachusetts-Lowell in Lowell, Mass. (AP Photo/Elise Amendola, file)
    LOS ANGELES (AP) --

    Stephen King's time-travel novel about the Kennedy assassination is being adapted as a small-screen miniseries.

    Streaming service Hulu said Monday that the nine-hour series, titled "11/22/63" after King's book, includes the author and J.J. Abrams as executive producers.

    King said in a statement that if any of his works cried out for "long-form, event TV programming," then "11/22/63" is it.

    In King's 2011 novel, a high school teacher goes back in time to try to prevent the Nov. 22, 1963, killing of President John F. Kennedy by Lee Harvey Oswald.

    The release date for "11/22/63" and casting weren't announced by Hulu or producer Warner Bros. Television. The series will be seen in the United States on Hulu and distributed internationally by Warner.

    Tags:Stephen King



    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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