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    Peter Berg’s “Patriots Day” To Close AFI Fest

    By SHOOTUpdated:No Comments2532 Views
    Director Peter Berg
    LOS ANGELES --

    The American Film Institute (AFI) announced that AFI Fest 2016 will close with the Special Closing Night Gala Presentation of CBS Films and Lionsgate’s Patriots Day. Directed by Peter Berg and starring Academy Award® nominee Mark Wahlberg, the Closing Night Gala will take place on November 17 at the TCL Chinese Theatre.

    “Patriots Day is a moving tribute to the strength of the human spirit, the heroes of Boston and our nation’s capacity to unify in the wake of the unimaginable,” said Jacqueline Lyanga, director, AFI FEST. “Peter Berg brings together a riveting ensemble cast whose emotional performances beautifully humanize and personalize the people whose lives have been forever changed. We are honored to screen this film as the Special Closing Night Gala Presentation of AFI Fest.”

    An account of the Boston Marathon bombing, Patriots Day is the powerful story of a community’s courage in the face of terror. In the aftermath of an unspeakable attack, Police Sergeant Tommy Saunders (Wahlberg) joins courageous survivors, first responders and investigators in a race against the clock to hunt down the bombers before they strike again. Weaving together the stories of Special Agent Richard DesLauriers (Kevin Bacon), Police Commissioner Ed Davis (John Goodman), Sergeant Jeffrey Pugliese (Academy Award® winner J.K. Simmons) and nurse Carol Saunders (Michelle Monaghan), this visceral and unflinching chronicle captures the suspense of one of the most sophisticated manhunts in law enforcement history and celebrates the strength of the people of Boston.

    Tags:AFI FestPatriots DayPeter Berg



    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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