Register

    Netflix launches comedy channel on SiriusXM

    By SHOOTUpdated:No Comments2005 Views
    In this March 30, 2019 file photo, Chris Rock presents the award for outstanding comedy series at the 50th annual NAACP Image Awards at the Dolby Theatre in Los Angeles. (Photo by Chris Pizzello/Invision/AP, File)
    NEW YORK (AP) --

    Netflix is launching its first audio venture that will feature the video streaming service's comedy programming on SiriusXM.

    The companies on Wednesday announced "Netflix Is A Joke Radio" will feature highlights from such comedians as Chris Rock, Dave Chappelle, Ricky Gervais, Sarah Silverman, Jerry Seinfeld and Wanda Sykes. The channel also will feature segments from future stand-up specials and clips from Netflix's comedy talk shows.

    The channel plans to introduce a daily show featuring celebrity guests and comedians.

    Netflix chief content officer Ted Sarandos says the service is excited to celebrate the art of comedy.

    SiriusXM president Scott Greenstein says the service is eager to offer subscribers access to Netflix's "star-studded library, new specials and original live shows."

    The programming will launch on SiriusXM Channel 93 on Monday.

    Tags:NetflixNetflix Is A Joke RadioSiriusXM



    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

    MySHOOT Profiles


    Add A Comment