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DirecTV to acquire Dish Network, Sling TV for $1

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DirecTV to acquire Dish Network, Sling TV for

Satellite TV provider DirecTV has agreed to buy longtime competitor Dish Network, throwing a lifeline to the troubled Colorado-based broadcaster that helped pioneer the industry.

The proposed consolidation, announced early Monday, highlights the challenges facing traditional television. DirecTV agreed to assume Dish’s net debt and pay just $1 for Dish’s satellite TV business and streaming service Sling TV — a startling admission about the fading prospects of the once prominent satellite television provider and its Englewood, Colo.-based parent, EchoStar Communications.

The deal is expected to unfold in two separate transactions. Private equity firm TPG plans to acquire AT&T’s majority stake in DirecTV, giving TPG full ownership of the El Segundo-based company.

Separately, DirecTV agreed to assume $9.9 billion of Dish’s debt at the close of the EchoStar transaction. The proposed takeover, structured as a debt exchange, would allow DirecTV to boost its subscriber count with Dish’s more than 8 million homes. DirecTV currently has about 10 million subscribers for its namesake service and U-Verse.

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“We think this is the right deal for consumers,” DirecTV Chief Executive Bill Morrow said in an interview. “We think [satellite TV] has a greater life and a greater value than most people realize.”

The deal includes arrangements for EchoStar to quickly receive a $2.5-billion loan so it can restructure debt. The cash infusion is designed to help EchoStar and its billionaire chairman Charlie Ergen meet a looming debt payment and continue efforts to build a wireless phone service, branded as Boost Mobile.

Ergen, the 71-year-old maverick who co-launched EchoStar in 1980 when he and his wife sold satellite dishes door to door, would exit the television business. That would mark a significant milestone as Ergen helped Dish leap to life in 1996 — two years after DirecTV launched its nationwide service.

The Dish-DirecTV consolidation is expected to face regulatory scrutiny.

In 2002, the Federal Communications Commission thwarted the companies’ first stab at a union. The FCC ruled a marriage of DirecTV, then owned by Hughes Electronics Corp., and EchoStar’s Dish Network, would choke competition by shrinking the field of satellite TV providers from two companies to just one. At the time, satellite TV was a leading option for residents of rural communities that lacked cable.

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The business has changed dramatically since then. Tech giants Netflix, Amazon Prime Video and Google’s YouTube TV have gobbled up a huge part of the television distribution business, and both Dish and DirecTV have been bleeding customers. The two firms have lost more than 60% of their customer base since 2016.

“There’s more competition than ever. It’s not just cable TV and satellite TV anymore,” Morrow said. “We are the ones in the minority; we’re the ones that are dropping like flies.”

The regulatory review is expected to take about a year, the companies said.

“It’s hard to imagine that regulators would block a deal,” telecommunications industry analyst Craig Moffett wrote in a recent email. “Better to have one than none.”

Ergen’s company has been staggering under a heavy debt load. Negotiations with lenders to restructure its payments broke down this summer, EchoStar said in a recent filing.

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The company faces a $1.98-billion payment in mid-November, which prompted some analysts to predict that a bankruptcy was imminent.

EchoStar had just $521 million available in late June. In the second quarter, the company sustained steep declines in revenue and traditional TV customers. The Sling TV business, however, showed improvement.

EchoStar shares have gained ground in recent weeks amid rumors of a deal with DirecTV. Shares closed Friday at $28.04, up 9%.

“This agreement is in the best interests of EchoStar’s customers, shareholders, bondholders, employees, and partners,” Hamid Akhavan, EchoStar chief executive, said in a statement announcing the deal. “We expect Dish and DirecTV bondholders to benefit from two companies with stronger financial profiles and more sustainable capital structures.”

TPG, which currently owns 30% of DirecTV, will cover the bulk of the $2.5-billion loan to EchoStar. TPG’s Angelo Gordon division will handle the financing.

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AT&T is expected to exit its ownership stake of DirecTV in the second half of next year, bringing to a close its disastrous foray in the entertainment business.

AT&T bought DirecTV in 2015 for about $67 billion, including debt, and then presided over an unraveling of the business.

In 2021, AT&T spun off DirecTV and U-Verse into a stand-alone company, and brought in TPG as managing partner.

The Dallas phone giant separately also sold Warner Bros. Discovery in 2022 for $43 billion — half the amount AT&T paid in 2018 to become a player in Hollywood. The company since has been focused on its wireless business.

The Dish Network and Sling TV businesses are carrying about $11.5 billion in debt.

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“We don’t think the value is there to carry that [much debt],” Morrow said. “There’s virtually no equity in the company.”

While DirecTV agreed to absorb nearly $10 billion of Dish debt, that component is conditional on bondholders accepting less than Dish’s current obligations. The goal, according to Morrow, is to reduce Dish’s debt by $1.6 billion, making it a more manageable load.

The deal is also subject to regulatory approval.

“It’s hard to argue that a merger shouldn’t happen; it clearly should,” Moffett said. “Consolidation during a period of secular decline is always to be expected.”

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Movie Reviews

Movie Review: Does Melania Dream of AI-Generated Sheep?

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Movie Review: Does Melania Dream of AI-Generated Sheep?

Photo: Craig Hudson/Variety/Getty Images

The primary question in all matters concerning Melania Trump is “What is she thinking?” The First Lady is an endless font of utterly puzzling behavior. So it’s fitting that at the premiere of her film Melania on Thursday night she stood before the audience and declared, basically, “Ceci n’est pas une documentary.

“Some have called this a documentary. It is not,” she said. “My film is a very deliberate act of authorship, inviting you to witness events and emotions through a window of rich imagery. It is a creative experience that offers perspectives, insights, and moments that only few have seen.”

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How could the Amazon-produced, Brett Ratner–directed film project, which was described from day one as a documentary possibly be anything else?

Surprisingly, after viewing the film, I find Melania’s statement makes sense. Not literally, but in that this collection of random words feels like something ChatGPT might produce if it were asked to describe a behind-the-scenes documentary about the First Lady and the attempt to summarize human emotions and artistic endeavor broke its little AI brain.

The first scene of Melania is jaw-dropping. As the stilettoed, impeccably styled once-and-future First Lady makes her way into a motorcade, we hear the Rolling Stones’ “Gimme Shelter.” It’s three weeks before Trump’s return to power, and Mick Jagger is warning of the impending apocalypse. The line “Rape, murder, it’s just a shot away!” blares as we zoom in on Melania. Could it be that Brett Ratner — Brett Ratner, of all people! — duped Melania into making art that actually has something to say about the return of the Trump regime, like Christopher Anderson’s brilliant and grotesque photo shoot for Vanity Fair?

Alas, no. As the film continues, it quickly becomes clear that this needle drop isn’t meant to be subversive. It’s more of a reflection of Donald Trump’s habit of willfully ignoring the meaning of the show tunes and classic rock bangers. Next we’re hit with Michael Jackson’s “Billie Jean” (way later in the film we learn it’s one of Melania’s favorite songs, but it’s a bizarre soundtrack for her entering Trump Tower). Then the music transitions to “Melania’s Waltz,” a dreamy, looping orchestral theme that was composed for the movie.

We never really leave this hazy, hallucinatory state. Footage of the Secret Service whisking Melania from Mar-a-Lago transitions into scenes of her giving inane directions on the tailoring of her inauguration suit, then blandly expressing her approval for the invitation, schedule, and tableware. It seems all of these design decisions were actually made off-camera, weeks before filming began. We move from a conference room overlooking Central Park to a gilded Mar-a-Lago dining room to the marble hallways of Trump Tower and back again. We’re totally sealed off from fresh air and outside reality. “Melania’s Waltz” plays again and again. It feels like we’re inside a gaudy gold jewelry box, watching a perfect MAGA-tized ballerina spin around and around. We’re trapped — but if Melania ever feels that way there’s no sign of it in this film. There’s not a second where it seems that Melania wants out of this life or has even given her strange circumstances a second of deep thought.

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The dialogue has a slightly off quality, too, like Eyes Wide Shut if Kubrick directed hours of Melania B-roll. All of the First Lady’s interactions with other people feel rehearsed or reenacted. She also provides weirdly detached, substance-free narration throughout the film. In one scene, her father is being interviewed, but we don’t hear what he has to say about his late wife; Melania’s bland voice-over drowns him out. Knowing that the First Lady is a huge AI-enthusiast (the audiobook of her memoir is entirely AI-generated), I started wondering if she’d also had some nonhuman help in drafting her narration. She describes Mar-a-Lago as “more than a home. It is warm. Sunshine. Family. Friends.” At one point, we overhear Donald Trump praising their son, Barron. Melania responds robotically, “Yeah, I love him. Incredible mind.”

For one hour and 44 minutes, it feels like we might be on the verge of seeing some actual interesting content. In the back of a limo, someone off-camera (maybe Ratner) coaxes the First Lady into sort-of singing along to “Billie Jean.” Kamala Harris rolls her eyes while waiting to enter Trump’s swearing-in. Melania and Donald start to discuss whether it’s smart to walk down the street during the inauguration, considering he just survived a near assassination. Melania remarks, “Barron will not get out of the car. I respect that,” but then they agree to have the rest of the conversation off-camera. It’s like Melania, who executive-produced the project and had final cut, purposely stripped the film of any real emotions, so it’s all perfectly styled shots, no humanity allowed.

The only reprieve is when Donald Tump appears. Trust me, I never thought I’d be yearning to see more DJT. But the fact that he’s the only Trump onscreen with natural star quality is glaringly obvious, even though he’s unusually low-key throughout the film. All Donald really does is praise Melania as an amazing First Lady, make some quips to staffers, and rant about his stunning electoral victory on the other end of the phone. Yet whenever Trump’s not onscreen, all you’re thinking is Where’s Trump?

Admittedly, I am not really the intended audience here. While many journalists booked tickets in blue-leaning cities and had the theater practically to themselves, I experienced Melania in the belly of the beast (okay, slightly Trump-leaning Suffolk County, Long Island). Literally every seat in the 100-person theater was filled at 1 p.m. on a Friday. Unsurprisingly, the audience was very old, almost exclusively white, and heavily female. They clapped when Trump Force One appeared onscreen, chuckled anytime Donald said anything even mildly amusing, and whooped during the inauguration scene. Though they were silent when the president wasn’t onscreen, I only heard positive reviews as I exited the theater (one person even remarked, “Wow, that was great!”).

But, of course, people paying $17 to see Melania on premiere day are just a small sliver of the eventual audience. As I fought to keep my thoughts from drifting off as Melania fussed over the trim on her Carmen Sandiego hat, I couldn’t help but think of the millions of people who will sit down to watch this film in their own homes whenever it streams on Amazon Prime. Perhaps they’ll be hoping for some insight into the Trump administration, a peek into what it’s like to be Melania, or even just a chuckle. But this movie contains none of those things. It won’t be long before they drift off, lulled to sleep by Melania’s soulless narration.

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Appreciation: Catherine O’Hara was an onscreen benediction

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Appreciation: Catherine O’Hara was an onscreen benediction

It is painful to have to write about Catherine O’Hara, so alive and lively a presence, in the past tense. O’Hara has lived inside my head — is it too corny to say my heart? — from “SCTV” to “Schitt’s Creek” to “The Studio,” on whose second season she was scheduled to start work, when she died, Friday at 71.

Any appearance constituted a recommendation for — a benediction upon — whatever she was appearing in; you felt she would only say yes to things that used her well, that sounded fun or interesting, and that her casting reflected well on the project and people who cast her. I think of her not as a careerist, but a Canadian. Of joining “Schitt’s Creek,” she said when I interviewed her in 2015, “it took me a few moments to commit, [but] I already trusted [co-creator, co-star] Eugene [Levy] as a writer and an actor, and as a good man who I could stand to spend time with.”

This is how it began for her, in Toronto, where her brother Marcus was dating Gilda Radner, who was in “Godspell” with Levy and Martin Short. “And it was really watching Gilda when I realized, ‘cause I’d always liked acting in school, that it was actually a local possibility. And then she got into Second City theater, and I was a waitress there — it’s like I stalked her — and then she did the show for a while and then took on a job for the National Lampoon. So I got to understudy or take her place — I got to join the cast, and Eugene was in it. It was really just the luck of having a professional actor suddenly in my life.”

As an “SCTV” early adopter, O’Hara was first attractive to me because she was funny, but she was also beautiful — a beauty she could subvert by a subtle or broad rearrangement of her features. Though fundamentally a comic actress, her characters could feel pained or tragic beneath the surface — even Lola Heatherton, one of her signature “SCTV” characters, an over-exuberant spangled entertainer (“I love you! I want to bear your children!” was a catch phrase) is built on desperation. Among many, many other parts, she played a teenaged Brooke Shields singing Devo’s “Whip It!,” Katharine Hepburn, a depressed Ingmar Bergman character, and, most memorably, chirpy teenage quiz show contestant Margaret Meehan, buzzing in with answers before the questions are asked, and growing tearfully undone as the host (Levy) becomes increasingly angry.

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Elsewhere, she played a forgetful suburban mom in “Home Alone,” the work for which she’s arguably best known, given its ongoing mainstream popularity; an ice cream truck driver messing with Griffin Dunne in Martin Scorsese’s “After Hours”; and a tasteless art snob and indifferent mother in “Beetlejuice,” where she met her future husband, production designer Bo Welch. She shone in three Christopher Guest movies, paired with Fred Willard in “Waiting for Guffman” as community stars; opposite Levy in “Best in Show,” as a dog handler with a lot of ex-boyfriends; with Levy again in “A Mighty Wind,” as a reuniting ‘60s folk duo; and in “For Your Consideration” as an aging actress dreaming of an Oscar. In the great Netflix miniseries “A Series of Unfortunate Events” (also designed by Welch), she played an evil optometrist, the sometime girlfriend of Neil Patrick Harris’ Count Olaf, dark, cold, sexy. Last year, she picked up a supporting actress Emmy nomination as a dethroned but not knocked down executive in “The Studio”; she’s fierce and funny. And, though she was fundamentally a comic actress, she could play straight, as in the second season of “The Last of Us,” penetrating opposite Pedro Pascal as his therapist, and the widow of a man he killed.

Lived in across six, ever-richer seasons of “Schitt’s Creek,” Moira Rose is certainly her crowning achievement, a completely original, Emmy-winning creation whose quirks and complexities were embraced by a wide audience; going forth, she’ll be a reference to describe other characters — a “Moira Rose type” — with no explanation needed. With her original, breathy way of speaking, stressing odd syllables and stretching random vowels to the breaking point, her mad fashions and family of wigs, Moira is a sketch character with depth. Of all the Roses, she’s the one most resistant to adapting to their motel world, to coming down off the mountain, but she is as needy as she is condescending, and underlying her fantastic, tightly structured carapace is a fear that’s terribly moving when it shows through the cracks.

A man looks over at a woman holding a large restaurant menu.

Eugene Levy and Catherine O’Hara in scene from “Schitt’s Creek.” The actors worked together frequently over the years.

(PopTV)

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“I like to think she’s really threatened by this small-town life — because she’s been there, you know?” O’Hara said back when the series began. “That just makes it more threatening in my mind. And I like to think of her as more vulnerable than just snobby or superior. I think it’s way more insecure.”

Her tentative acceptance of her circumstance, as well as the show’s overarching arc, finds expression in the series finale, where, all white and gold, in flowing robes with long blonde locks cascading from beneath a bishop’s hat, she tearfully conducts the marriage of her son, David (co-creator Dan Levy). Speaking of a sort of wind of fate, she says, “All we can wish for our families, for those we love, is that that wind will eventually place us on solid ground. And I believe it’s done just that for my family in this little town, in the middle of nowhere.” You might cry, too.

I had the luck to speak with O’Hara several times over the run of the series. The last was in Canada, a day or two before the last day of filming. We sat on the apron of the Rosebud Motel, looking across the muddy parking lot to where fans were gathered on the road above.

“They’re there as much for each other as for us. It’s almost that we don’t have to be there, but we brought them together somehow.” That’s what actors and the stories they tell, give us — the joy, and sometimes the pain: A world of strangers, united in this awful moment, out of love for Catherine O’Hara.

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Brett Ratner’s ‘Melania’ movie has an emotional disconnect – Review

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Brett Ratner’s ‘Melania’ movie has an emotional disconnect – Review


New documentary offers a flattering view of Melania Trump without shedding any light on who the first lady is.

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  • “Melania,” an unprecedented new documentary about first lady Melania Trump, is in theaters now.
  • Director Brett Ratner returns from Hollywood exile to helm the film.
  • The movie covers the 20 days leading up to President Donald Trump’s 2025 inauguration.

When is a documentary not a documentary? When the subject is Melania Trump.

That’s not quite a riddle, but the first lady is quite the enigma in “Melania” (★½ out of four; rated PG; in theaters now and streaming later this year on Prime Video), director Brett Ratner’s less-than-revelatory look at the life of the former fashion model and wife of President Donald Trump. The film, which follows the 20 days leading up to the 2025 presidential inauguration, is part reality show and part White House historical video, as Melania Trump narrates a behind-the-scenes glance at her personal and private lives.

“Melania” doesn’t quite work as a documentary, though that doesn’t matter: People who don’t like the Trumps won’t go near the theater, and those who love the Trumps probably will. Just don’t expect much insight either way: While it does offer an extremely flattering view of all things Melania, outside of a few candid glimpses, you’re not really going to learn a lot about who she really is.

The film begins with the first lady in her element: in heels and on the move. With the Rolling Stones playing in the background, Trump jets from Mar-a-Lago in Florida to Trump Tower in Manhattan, ready to navigate the “complexities of my life” leading up to her return to Washington.

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She meets with her longtime stylist about her inauguration coat and an interior designer about redecorating the White House. Over the next three weeks, she also attends the funeral of President Jimmy Carter; meets with French first lady Brigitte Macron and Queen Rania of Jordan about her “Be Best” campaign; and finally partakes in inaugural parties and balls on what her husband calls the “big day.”

“Melania” marks Ratner’s first feature film since 2014, following a period of Hollywood exile after sexual harassment allegations. No criminal charges were filed and Ratner denied the allegations.

Throughout the movie, Ratner peppers in bits and pieces of Melania Trump’s personality: In one scene, she sings along to her favorite Michael Jackson song, “Billie Jean,” and is also caught doing the “Y.M.C.A.” dance after an inaugural ball. The camera even captures a few interesting moments that aren’t really the focus along the way, like a worried tailor skeptical of a change Trump wants in her inauguration outfit and then-Vice President Kamala Harris looking at her watch backstage with seeming annoyance during the swearing-in ceremony.

But overall those moments showing real personality – especially in regard to the title subject – are few and far between. There’s a long sequence where Trump memorializes her mother Amalija Knavs, as the first anniversary of her death coincides with Carter’s funeral. However, instead of old pictures being shown of Melania and her mom, or a close-up interview with the first lady, the first lady speaks over footage of herself visiting St. Patrick’s Cathedral. In that moment, and others, she talks about being emotional but doesn’t immerse the audience in what she’s feeling. In one case, Melania is seen watching cable news footage of California’s deadly 2025 wildfires and the camera zooms in for tears that never come.

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Because she doesn’t address the camera, “Melania” suffers from a brutal disconnect. Trump speaks about son Barron, but he doesn’t speak about his mom. (Barron, by the way, is low-key the most compelling person in the entire movie because you’re dying to know what this teenager thinks about these events he’s going through.) She talks about a reverence for the military, but Ratner doesn’t show her conversations with soldiers. It’s a strange filmmaking choice for a documentary, though maybe one that’s by design: Melania Trump produced the movie through her new Muse Films company and this is definitely her show.

Everything surrounding “Melania” is political but the movie itself isn’t, for the most part. The president pops up sporadically: His first appearance is as a bobblehead in Melania Trump’s pilot’s cockpit, with “Terminator”-style sunglasses and machine gun. He grumbles about why the national college football championship is the same day as the inauguration (“I think they did that on purpose”), but he’s mainly there to say how great and influential his wife is.

The film ends with the first lady having her official black-and-white photograph taken, and this cinematic portrait, which could have shown insight into a rather unknown public figure, isn’t much more colorful.

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