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Monday, July 10, 2006 10:39 a.m. EDT

Dan Rather Joins Mark Cuban's HDNet

Dan Rather may be down, but he’s not out.

Three weeks after being let go by CBS, the former anchor has agreed to launch a new television program on HDNet, the high-definition channel owned by billionaire and Dallas Mavericks basketball team owner Mark Cuban.

"We are excited about it,” said Cuban, who described "Dan Rather Presents” as "an opportunity to do news in what I like to call ‘fearless mode,’ what Dan calls ‘with guts.’ Go out there and find the stories we think will have impact.”

Rather, 74, is expected to confirm that he’ll join HDNet this week, according to the Washington Post, and the channel plans to launch the program in October.

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  HDNet is available on the DirecTV and Dish satellite networks and reaches about 3 million homes – a small fraction of the audience Rather had on CBS.

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