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If you planned on watching fashion's biggest award show on television, bad news. The first-ever telecast for the CFDA Fashion Awards is off.
The CFDA announced back in March that it would broadcast the 2016 CFDA Fashion Awards show live on TV from New York's Hammerstein Ballroom on June 6th. The Weinstein Company had planned to produce and distribute the rights to air the show, but now this plan has changed. The CFDA released this statement from president and chief executive officer Steven Kolb to Racked:
As previously announced, the 2016 CFDA Fashion Awards will be held at The Hammerstein Ballroom for the first time after seven years at Alice Tully Hall. The new venue comes with a dynamic new format featuring performances, live fashion and the return to a seated dinner. With all these changes, we have decided to not move forward with a television broadcast opportunity this year.
The Met Gala's red carpet made it to E! for the first time this year, but looks like we'll have to wait for the CFDA's primetime debut on TV. Thank goodness for Twitter.
Update: A source told WWD that costs associated with the broadcast were spiraling, with the price tag into the millions. "I think when Diane [von Furstenberg, CFDA chairman] finally saw what the breakdown of what the cost was going to be, she probably decided to cut and run. She is a smart woman and Steven is a smart guy," the source told WWD.