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.
Ryan Seacrest, CAA and AEG are folding their hopes of a new network into a plan to relaunch and rebrand Mark Cuban’s HDNet as a new, pop-culture oriented network called AXS TV.
“I never thought we’d get to three years, much less five,” Rather said recently, flashing pride about work most of his old CBS audience has probably never seen. He delivers a solo 60 Minutes​-style report backed by a full-time staff of 22 people and another 10 freelancers who work regularly. He presents serious stories that often unfold at a more leisurely pace than most broadcast reports.
