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    Susan Sarandon to receive upstate NY film festival award

    By SHOOTUpdated:No Comments2081 Views
    In a Friday, April 21, 2017 file photo, Susan Sarandon arrives at the "Feud: Bette and Joan" FYC screening at The Ebell of Los Angeles. Organizers of the Woodstock Film Festival say Sarandon will receive the Maverick Award on Oct. 14 at the the annual film festival in New York's Hudson Valley. (Photo by Willy Sanjuan/Invision/AP, File)
    WOODSTOCK, NY (AP) --

    Susan Sarandon will receive the Maverick Award at an annual film festival in New York's Hudson Valley.

    Organizers of the Woodstock Film Festival say the star of such films as "Thelma and Louise" and "Bull Durham" will receive the award during the Oct. 11-15 event. She also will screen "Bombshell: The Hedy Lamarr Story" for which she was executive producer.

    Sarandon will receive the award Oct. 14 during a ceremony at Backstage Studio Productions in Kingston, one of the host communities of the festival.

    Previous recipients include Steve Buscemi and the late movie director Jonathan Demme.

    Sarandon won an Academy Award in 1996 for best actress for her role in "Dead Man Walking."

    Besides Kingston, the festival is hosted by nearby Woodstock, Rhinebeck, Rosendale, and Saugerties (SAW'-ger-teez).

    Tags:Susan SarandonWoodstock Film Festival



    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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