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    Industry mourns passing of Jeanne Stack Fiannaca

    By SHOOTUpdated:No Comments4839 Views
    Jeanne Stack Fiannaca
    MALIBU, Calif. --

    Jeanne Stack Fiannaca, a producer of commercials and movies, has passed away at the age of 55 after a courageous five-month battle with an aggressive lung cancer. 

    Upon graduating from the University of Texas in Austin in 1983, with a Bachelor’s degree in Communications for Radio, TV and Film, Fiannaca moved to Hollywood to begin her career in spots and features.

    Born in San Francisco, she married Carmelo Fiannaca in 2002 and they made their home in Malibu. She passed away on May 19, survived by her husband (and their dog, Charlie); parents Mike and Nell Stack; siblings Debbie Stack Feigle, Kristi Moyer, Paul Moyer, and Earl Moyer; as well as nieces, nephews, aunts and uncles. Jeanne Stack Fiannaca also leaves behind many wonderful friends. Cremation has taken place.

    A Celebration of Life event was held at her home in Malibu honoring Jeanne on May 23. Family and friends laughed and cried together, shared stories, paying an amazing tribute to Fiannaca who truly lived life to its fullest. The following quote–attributed to Hunter Thompson–shared by her niece at the Celebration sums it up: “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'”  

    Fiannaca’s last request was for her family and friends to stop smoking. If desired, donations can be made in her memory to the American Cancer Society or MalibuMosaic.com. Stories and pictures can be shared with Carmelo Fiannaca at Facebook.com/mondocarmelo.

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    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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