When a sitcom reaches a certain level of longevity, it can be easy for writers to take their audience for granted. Storylines get lightly reworked, if not recycled wholesale. Cheap ratings are scored by having a significant character get married (call it the "Rhoda boost"). And there's no better way to guarantee the maximum amount of eyeballs than to have a major celebrity play themselves within the world of our favorite characters.
This typically works. Who can forget the time Bobby Brady faked a serious illness to earn a bedside visit from Joe Namath on "The Brady Bunch," or the time that pint-sized prankster Arnold Jackson pulled the same trick to get Muhammad Ali up to the Drummond's penthouse on "Diff'rent Strokes?" These are memorable episodes to be sure, but there's nothing more to them than the cameo.
It's far more satisfying when you can drop the celeb into...
This typically works. Who can forget the time Bobby Brady faked a serious illness to earn a bedside visit from Joe Namath on "The Brady Bunch," or the time that pint-sized prankster Arnold Jackson pulled the same trick to get Muhammad Ali up to the Drummond's penthouse on "Diff'rent Strokes?" These are memorable episodes to be sure, but there's nothing more to them than the cameo.
It's far more satisfying when you can drop the celeb into...
- 2/17/2024
- by Jeremy Smith
- Slash Film
Chicago – When the envelope was opened, containing the name of the Best Supporting Actress Oscar at the 95th Academy Awards earlier this month, it was veteran actor Jamie Lee Curtis who won the honor. She brought down the house with her memorable “we just won an Oscar” speech.
She tearfully finished with “ … and my mother [Janet Leigh] and my father [Tony Curtis], who were both nominated in different categories, I just won an Oscar.”
Photographer Joe Arce of HollywoodChicago.com has captured both Jamie Lee Curtis and Tony Curtis in his lens, with the Exclusive Portrait of Jamie Lee from 2004 published for the first time. Tony Curtis was photographed during his last trip to Chicago in 2009. He passed away in 2010.
Jamie Lee Curtis in Chicago, circa 2004
Photo credit: Joe Arce of Starstruck Foto for HollywoodChicago.com
Jamie Lee Curtis is the daughter of Hollywood “It” couple Janet Leigh and Tony Curtis,...
She tearfully finished with “ … and my mother [Janet Leigh] and my father [Tony Curtis], who were both nominated in different categories, I just won an Oscar.”
Photographer Joe Arce of HollywoodChicago.com has captured both Jamie Lee Curtis and Tony Curtis in his lens, with the Exclusive Portrait of Jamie Lee from 2004 published for the first time. Tony Curtis was photographed during his last trip to Chicago in 2009. He passed away in 2010.
Jamie Lee Curtis in Chicago, circa 2004
Photo credit: Joe Arce of Starstruck Foto for HollywoodChicago.com
Jamie Lee Curtis is the daughter of Hollywood “It” couple Janet Leigh and Tony Curtis,...
- 3/27/2023
- by adam@hollywoodchicago.com (Adam Fendelman)
- HollywoodChicago.com
Click here to read the full article.
Larry Storch, the manic comic actor who starred as the bumbling sidekick Corporal Randolph Agarn on the 1960s ABC sitcom F Troop, has died. He was 99.
Storch, who got his start as a stand-up comic, did impressions and voiced the all-knowing Phineas J. Whoopee on the classic cartoon Tennessee Tuxedo and His Tales, died early Friday morning of natural causes in his apartment on the Upper West Side of New York, his personal manager, Matt Beckoff, told The Hollywood Reporter.
“If I told you how nice he was, you wouldn’t believe it,” Beckoff said.
Storch was great friends with Tony Curtis — a fellow New Yorker whom he met when they served aboard a submarine tender in the U.S. Navy — and they appeared together in The Prince Who Was a Thief (1951), Who Was That Lady? (1960), 40 Pounds of Trouble (1962), Captain Newman, M.D. (1963), Sex...
Larry Storch, the manic comic actor who starred as the bumbling sidekick Corporal Randolph Agarn on the 1960s ABC sitcom F Troop, has died. He was 99.
Storch, who got his start as a stand-up comic, did impressions and voiced the all-knowing Phineas J. Whoopee on the classic cartoon Tennessee Tuxedo and His Tales, died early Friday morning of natural causes in his apartment on the Upper West Side of New York, his personal manager, Matt Beckoff, told The Hollywood Reporter.
“If I told you how nice he was, you wouldn’t believe it,” Beckoff said.
Storch was great friends with Tony Curtis — a fellow New Yorker whom he met when they served aboard a submarine tender in the U.S. Navy — and they appeared together in The Prince Who Was a Thief (1951), Who Was That Lady? (1960), 40 Pounds of Trouble (1962), Captain Newman, M.D. (1963), Sex...
- 7/8/2022
- by Mike Barnes
- The Hollywood Reporter - Movie News
The National Committee on American Foreign Policy 2017 Dinner Gala was held on Monday, October 30th 2017 at the Metropolitan Club in New York City.
2017 National Committee on American Foreign Policy honorees David M. Rubenstein and Joe Biden
The annual event was hosted by Charlie Rose, Co-Anchor of “CBS This Morning,” Correspondent for “60 Minutes” & Anchor of “Charlie Rose.”
The Ncafp honored:
· Joseph R. Biden, Jr. – 47th Vice President of the United States. Recipient of the Morgenthau Award.
· David M. Rubenstein – Co-Founder and Co-Chief Executive Officer, The Carlyle Group. Recipient of the Global Business Leadership Award.
VIP attendees included: Charlie Rose, Co-Anchor of CBS This Morning, Correspondent for 60 Minutes & Anchor of Charlie Rose, Host/Emcee of the Gala; Joseph R. Biden, Jr., 47th Vice President of the United States. 2017 Honoree; David M. Rubenstein, Co-founder and Co-Chief Executive Officer, The Carlyle Group, 2017 Honoree; Paul A. Volcker, Former Chairman of the Board of Governors of the Federal Reserve System,...
2017 National Committee on American Foreign Policy honorees David M. Rubenstein and Joe Biden
The annual event was hosted by Charlie Rose, Co-Anchor of “CBS This Morning,” Correspondent for “60 Minutes” & Anchor of “Charlie Rose.”
The Ncafp honored:
· Joseph R. Biden, Jr. – 47th Vice President of the United States. Recipient of the Morgenthau Award.
· David M. Rubenstein – Co-Founder and Co-Chief Executive Officer, The Carlyle Group. Recipient of the Global Business Leadership Award.
VIP attendees included: Charlie Rose, Co-Anchor of CBS This Morning, Correspondent for 60 Minutes & Anchor of Charlie Rose, Host/Emcee of the Gala; Joseph R. Biden, Jr., 47th Vice President of the United States. 2017 Honoree; David M. Rubenstein, Co-founder and Co-Chief Executive Officer, The Carlyle Group, 2017 Honoree; Paul A. Volcker, Former Chairman of the Board of Governors of the Federal Reserve System,...
- 11/2/2017
- Look to the Stars
Filed under: Cinematical
Last week, Hollywood lost one of its last Golden Age stars, Tony Curtis, at the age of 85. Like many non-wasp actors of his time, the Bronx-born actor changed his name, from Bernard Schwartz to the Anglo-sounding Tony Curtis. Curtis' career, which spanned an astounding six decades and 130 film and television credits, peaked long before most readers of this article were born, but the Oscar-nominated actor still managed to leave a brief, if no less compelling, series of performances, both in light, comic roles ( 'Operation Petticoat,' 'Some Like It Hot') and hard-hitting dramatic films ('Sweet Smell of Success,' 'The Boston Strangler').
Like other GIs returning home from World War II, Curtis took advantage of the government's generous GI program, and studied acting before heading off to Hollywood. His first role, a walk-on in 'Criss-Cross,' a crime-noir starring Burt Lancaster,...
Last week, Hollywood lost one of its last Golden Age stars, Tony Curtis, at the age of 85. Like many non-wasp actors of his time, the Bronx-born actor changed his name, from Bernard Schwartz to the Anglo-sounding Tony Curtis. Curtis' career, which spanned an astounding six decades and 130 film and television credits, peaked long before most readers of this article were born, but the Oscar-nominated actor still managed to leave a brief, if no less compelling, series of performances, both in light, comic roles ( 'Operation Petticoat,' 'Some Like It Hot') and hard-hitting dramatic films ('Sweet Smell of Success,' 'The Boston Strangler').
Like other GIs returning home from World War II, Curtis took advantage of the government's generous GI program, and studied acting before heading off to Hollywood. His first role, a walk-on in 'Criss-Cross,' a crime-noir starring Burt Lancaster,...
- 10/8/2010
- by Mel Valentin
- Moviefone
Filed under: Cinematical
Last week, Hollywood lost one of its last Golden Age stars, Tony Curtis, at the age of 85. Like many non-wasp actors of his time, the Bronx-born actor changed his name, from Bernard Schwartz to the Anglo-sounding Tony Curtis. Curtis' career, which spanned an astounding six decades and 130 film and television credits, peaked long before most readers of this article were born, but the Oscar-nominated actor still managed to leave a brief, if no less compelling, series of performances, both in light, comic roles ( 'Operation Petticoat,' 'Some Like It Hot') and hard-hitting dramatic films ('Sweet Smell of Success,' 'The Boston Strangler').
Like other GIs returning home from World War II, Curtis took advantage of the government's generous GI program, and studied acting before heading off to Hollywood. His first role, a walk-on in 'Criss-Cross,' a crime-noir starring Burt Lancaster,...
Last week, Hollywood lost one of its last Golden Age stars, Tony Curtis, at the age of 85. Like many non-wasp actors of his time, the Bronx-born actor changed his name, from Bernard Schwartz to the Anglo-sounding Tony Curtis. Curtis' career, which spanned an astounding six decades and 130 film and television credits, peaked long before most readers of this article were born, but the Oscar-nominated actor still managed to leave a brief, if no less compelling, series of performances, both in light, comic roles ( 'Operation Petticoat,' 'Some Like It Hot') and hard-hitting dramatic films ('Sweet Smell of Success,' 'The Boston Strangler').
Like other GIs returning home from World War II, Curtis took advantage of the government's generous GI program, and studied acting before heading off to Hollywood. His first role, a walk-on in 'Criss-Cross,' a crime-noir starring Burt Lancaster,...
- 10/8/2010
- by Mel Valentin
- Cinematical
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
Tony Curtis, the screen star of the 1950s and '60s who dressed in drag for the Billy Wilder comedy Some Like It Hot, died Wednesday night at his Las Vegas home. He was 85.According to the Los Angeles Times, Curtis appeared in more than 100 movies and received a best actor Oscar nomination for The Defiant Ones, in which he and Sidney Poitier starred as escaped convicts chained together.Curtis was born Bernard Schwartz in 1925 in New York City. He served in the Navy during World War II and later enrolled in acting classes. He won his first contract with Universal in 1949, after which time he changed his first and last names. Curtis's early life was a series of struggles — he said he was constantly taunted for being young, Jewish, and handsome. He grew up defending himself on whatever turf his parents lived on at the time: the East 80s in Manhattan,...
- 9/30/2010
- The Advocate
EchoStar Communications suffered a setback Thursday when its $1.85 billion cash offer for Loral Space & Communications was rejected as too low by Loral's board. EchoStar, which operates the Dish Network satellite TV service, wants to head off Loral's planned sale of six North American satellites to Intelsat Ltd. for $1.1 billion. Rather than buy just the satellites, EchoStar made an informal bid of $1.45 billion in August for all of Loral's assets, including a satellite manufacturing business. "EchoStar's bid undervalues Loral's business," Loral chairman Bernard Schwartz said, adding that the Intelsat offer remains the best course of action to enhance the value of Loral's assets. Loral would like to emerge from bankruptcy with its satellite manufacturing business, analysts said. "We still haven't decided whether to participate in the bankruptcy's bidding process," EchoStar spokesman Steve Caulk said Thursday. Analysts said EchoStar appears to be seriously interested in acquiring Loral even if the reasons are unclear.
- 10/9/2003
- The Hollywood Reporter - Movie News
EchoStar Communications suffered a setback Thursday when its $1.85 billion cash offer for Loral Space & Communications was rejected as too low by Loral's board. EchoStar, which operates the Dish Network satellite TV service, wants to head off Loral's planned sale of six North American satellites to Intelsat Ltd. for $1.1 billion. Rather than buy just the satellites, EchoStar made an informal bid of $1.45 billion in August for all of Loral's assets, including a satellite manufacturing business. "EchoStar's bid undervalues Loral's business," Loral chairman Bernard Schwartz said, adding that the Intelsat offer remains the best course of action to enhance the value of Loral's assets. Loral would like to emerge from bankruptcy with its satellite manufacturing business, analysts said. "We still haven't decided whether to participate in the bankruptcy's bidding process," EchoStar spokesman Steve Caulk said Thursday. Analysts said EchoStar appears to be seriously interested in acquiring Loral even if the reasons are unclear.
- 10/9/2003
- The Hollywood Reporter - Movie News
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