January 20th, 2012
12:40 PM ET
We're starting to wonder what Ryan Seacrest can't do.
The "Idol" host, E! personality and TV producer has announced that he's going to rebrand the cable channel HDNet along with the network's owner, Mark Cuban, the event promotion company A.E.G. and his talent agency, CAA.
The plan is to reshape HDNet, which was originally created in 2001 as the place to find high definition programming, into a network for "music, live entertainment and live events" called "AXS TV," Seacrest told the New York Times.
Pronounced "Access TV," Cuban explained, "We're 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."
AXS TV is expected to launch this summer.
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