Dan Rather moves to Mark Cuban's HDNet

Snip from Reuters report:

A formal announcement of the show, to be called "Dan Rather Reports," was planned for Tuesday in Pasadena, Calif., where cable network executives gathered this week to showcase their latest offerings to TV critics, an HDNet representative said. She said the program would debut in October but declined to give further details before a presentation expected to be attended by Rather and billionaire media investor Mark Cuban, who owns HDNet and professional basketball's Dallas Mavericks.

Rather, 74, previously acknowledged that he was considering an HDNet offer, and Cuban told trade publication The Hollywood Reporter last month that he thought the former news anchor was "being held back by the corporate structure of CBS."

"They prefer pretty faces, earnings per share and fluff to news with a payoff," he was quoted as saying. "Dan is hungry to do something unique and exciting. So we are talking about how he can do that with HDNet."

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