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    P&G partners in NatGeo series in which stars frame global poverty issues

    By SHOOTUpdated:No Comments1728 Views
    This combination photo shows Hugh Jackman (l) and Common who will be featured in the National Geographic six-part documentary series "Activate: The Global Citizen Movement," premiering Sept. 5. (AP Photo)
    BEVERLY HILLS, Calif. (AP) --

    Common, Priyanka Chopra Jonas and Hugh Jackman are enlisting in the Global Citizen movement.

    They're among the celebrities featured in a National Geographic docuseries highlighting efforts to fight global poverty.

    The series is being done with Global Citizen, a group whose aim is to eradicate extreme poverty and its root problems through advocacy and activism.

    Titled "Activate: The Global Citizen Movement," the program follows Common as he fights for criminal justice reform. Chopra Jonas campaigns to break down barriers to girls' education, and Jackman works on the group's New York City concert. Other featured celebs include Becky G, Uzo Aduba and Usher.

    Digital hubs on NatGeo.com and GlobalCitizen.org will offer more information on the issues highlighted in the docuseries, which includes Procter & Gamble as a partner.

    The six-part show debuts Sept. 5.

    Tags:Activate: The Global Citizen MovementNational GeographicProcter & Gamble



    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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