At least 40 people have been let go from AXS TV following Mark Cuban’s sale of his majority stake in the cable network and the channel HDNet Movies to Steve Harvey and Anthem Sports & Entertainment on Monday, three individuals close to the situation say. The company’s Dallas staff is almost completely terminated, while the Denver and Los Angeles offices are also hit hard.
Mark Cuban has sold a majority stake in HDNet, parent of U.S. TV networks AXS TV and HDNet Movies, to Canadian-based Anthem Sports & Entertainment and entertainer Steve Harvey.
He served as chief engineer of HDNet (now known as AXS TV) since its inception 14 years ago.
LOS ANGELES (AP) — The British edition of “The X Factor” is coming to U.S. television. Music entertainment cable channel AXS TV said Wednesday it will begin airing the singing contest’s 11th season on Labor Day weekend. “X Factor” creator Simon Cowell is on the judging panel, which includes ex-Spice Girl Mel B and pop […]