Cable company saves Trump's beauty pageant

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Donald Trump's Miss USA beauty pageant has been saved from TV oblivion after Reelz, a cable news channel, announced Thursday morning that it would air the event.

The future of the pageant was unclear after both NBCUniversal and Univision ended their partnership with Trump, co-owner of the event, within a few days of each other. Both companies bailed out after Trump's comments about Mexican immigrants that he delivered during his presidential campaign kick-off speech.

The real-estate magnate's description of Mexican immigrants as "drug dealers" and "rapists" sparked outrage across the nation and led to the severing of multiple business deals and partnerships, including those alliances that supported the pageant. Following Trump's comments, the co-hosts of the pageants, as well as the majority of the judges, also cut ties with the event.

"We're a little company that happens to have been caught between two behemoths," pageant president Paula Shugart told Entertainment Weekly on Wednesday.