Original Article on The New York Times

6:25 p.m. | Updated Ryan Seacrest, his talent agency CAA and the events promoter A.E.G. have been talking for three years about making a cable channel for concerts, live events and other entertainment.Now they have found the channel space for it at HDNet, the pioneering but poorly distributed channel owned by the billionaire sports and media mogul Mark Cuban. This summer, HDNet will become AXS TV, a joint venture of Mr. Cuban, Mr. Seacrests media holding company, CAA and A.E.G.Were going to be able to take what I had hoped to do with HDNet which was to be live, live, live and accelerate that considerably, Mr. Cuban said in a telephone interview before the deal was announced Wednesday afternoon.Similarly, Mr. Seacrest who has been the hos...(read more)