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    Mark Wahlberg tops Forbes list of highest-paid actors

    By SHOOTUpdated:No Comments2015 Views
    In this Tuesday, June 20, 2017 file photo,Mark Wahlberg attends the U.S. premiere of "Transformers: The Last Knight" at the Civic Opera House on in Chicago. (Photo by Rob Grabowski/Invision/AP)
    NEW YORK (AP) --

    "Transformers: The Last Knight" star Mark Wahlberg has outmuscled Dwayne Johnson to become Hollywood's highest-paid actor in the past year with a transforming income of $68 million, according to Forbes magazine.

    The former rapper known as Marky Mark beat out "Baywatch" star Johnson, with $65 million, and Johnson's "The Fate of the Furious" co-star Vin Diesel, worth $54.5 million

    The rest of the top five, released Tuesday, includes Adam Sandler, flush with a Netflix deal, at No. 4 with $50.5 million and Jackie Chan with $49 million.

    The top 10 actors banked a cumulative $488.5 million — nearly three times the $172.5 million combined total of the 10 top-earning women.

    All the data is from between June 1, 2016, and June 1, 2017, before fees and taxes.

    Tags:Dwayne JohnsonForbesMark WahlbergVin Diesel



    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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