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Morocco Football Boss Enters Politics With Premier Bid Possible

Morocco’s football czar joined one of the kingdom’s biggest political parties, edging closer to a possible bid for the role of prime minister in September’s elections.

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Jul 25 • 4:34 PM EDT • Politics • bloomberg.com
The biggest food and drink mistakes travelers make on flights, experts warn

Experts reveal the common nutrition mistakes travelers make that worsen bloating, dehydration and fatigue — and the electrolyte-rich foods to pack instead.

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Jul 25 • 1:01 PM EDT • Health • foxnews.com
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Arsenal eyeing shock deal for Real Madrid star Vinicius Jr

Vinicius is one of the biggest stars in world football but Jose Mourinho’s return to manage Real Madrid has put his future up in the air

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Jul 25 • 12:18 PM EDT • Sports • sports.yahoo.com
Six Years Ago, I Indulged My Husband’s Biggest Fantasy. Now It’s Eating Me Alive.

Once ... just once ... I'd like to try anything else.

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Jul 25 • 12:00 PM EDT • Technology • slate.com
Donald Trump Is Very, Very Angry About His Biggest Failure. There’s Almost Nothing He Can Do About It.

It's destined to become the signature disaster of his second term.

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Jul 25 • 5:45 AM EDT • Politics • slate.com
Andy Burnham and the rise of ‘aura farming’ in politics

Is “aura farming” the new political superpower? There are some days in TV news when you find yourself standing in the middle of a farm, surrounded by baby goats, trying to explain internet slang. Subscribe This was one of those days. There I was, in wellies, trying to unpack aura farming - a Gen Z term for carefully cultivating your image online so that you look effortlessly cool, authentic and charismatic. The trick, apparently, is that it can’t look like you’re trying too hard. Which, I’ll admit, felt slightly ironic as we filmed an entire report on a farm purely because the word farming is in the title. ‘Shaped by algorithms’ Whether you like it or not, politics increasingly feels like it’s being shaped by algorithms as much as manifestos. Take Andy Burnham. Since arriving at Number 10, he’s been impossible to miss online. One minute he’s out for a casual jog with Mo Farah. Next he’s announcing policy alongside TikTok high priestess Bus Aunty. His social media paints a very deliberate picture: less polished Westminster operator, more bloke from the North who just happens to be running the country. It’s not accidental. Burnham’s “King of the North”, New Order-loving persona has become part of a carefully constructed political brand. Authenticity is now something politicians work incredibly hard to make look effortless. But Burnham isn’t inventing this playbook. Like so many of us doomscrolling on an evening, he’s been influenced online. The digital strategy of New York Mayor Zohran Mamdani, pictured above right, has become a case study in viral political communication, and some of the people behind that campaign have recently been advising the Labour Party in Britain. Their message is simple: if you want to reach younger voters, you need to show up where they already spend their time. Embracing content creators And increasingly, that doesn’t mean traditional news interviews (awkward). It means speaking to content creators like Max from The Career Ladder, whose channels reach around 20 million followers worldwide. His interview with Burnham, pictured below, was posted almost immediately after he became Prime Minister. What struck me wasn’t just the audience size, but something Max told me afterwards: many people in the comments said they’d discovered Britain had a new Prime Minister through his interview. Think about that for a moment. Not through rolling news. Not through newspapers. Through a creator they were already following while scrolling. Share That’s a profound shift in how political information reaches people, one that’s been gathering momentum for some time. It also explains why politicians are embracing content creators and spending millions on digital marketing. Of course, this isn’t unique to one party. ‘Personality before policy’ In many ways, the right were quicker off the mark in building their aura online. Donald Trump built much of his political identity on social media. Nigel Farage remains one of Britain’s strongest political performers on TikTok. Politicians across the spectrum now understand that personality often reaches people before policy does. During a six-week UK general election campaign alone, overall digital ad spending routinely tops £11m. Share Channel 4 News Former Number 10 social media adviser Andrew Wong put it well when he told me that “vibes” can help someone get noticed, but they only work if they’re rooted in a genuine personality. Force it, and audiences spot it instantly. The bigger question is whether internet charisma can backfire on you - especially when you’re Prime Minister. Because behind Burnham’s carefully curated videos is a veteran politician with decades of Westminster experience. The spontaneity is produced. While the authenticity may be genuine, it’s managed. That’s not necessarily a criticism. It’s simply the reality of modern political communication. Aura farming alone is not enough to harvest change. But in the age of algorithms, winning attention may be the first battle. Subscribe Share Channel 4 News Leave a comment

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Jul 25 • 4:01 AM EDT • Politics • channel4news.substack.com
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Liverpool eyeing move for £77m Mohamed Salah successor

Mohamed Salah exiting Liverpool is probably going to be the biggest story to emerge from Anfield this summer. The Egyptian King was at least expected to see out his two-year extension with the Reds bu...

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Jul 25 • 2:40 AM EDT • Sports • sports.yahoo.com
Lynchburg florist closes storefront but keeps business blooming with a new mobile model

After years of helping customers celebrate life's biggest moments, a longtime Lynchburg florist is preparing for a new chapter.

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Jul 24 • 9:47 PM EDT • Business • wset.com
Massive Shakeup On Cubs Prospect List: Biggest Risers and Fallers
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Jul 24 • 5:05 PM EDT • Sports • sports.yahoo.com
Yankees Mailbag: Biggest threats and playoff rosters

Is the AL East the gauntlet for this year’s postseason?

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Jul 24 • 4:00 PM EDT • Sports • sports.yahoo.com
Patrick Graham's New Steelers Approach Could Fix Defense's Biggest Weakness

As training camp approaches, one of the biggest storylines surrounding the Pittsburgh Steelers' sweeping offseason changes is the defense. One area in which the Steelers consistently excelled was forcing turnovers. One insider believes new defensive coordinator Patrick Graham will change the Steelers' defensive approach for the better.

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Jul 24 • 2:00 PM EDT • Sports • sports.yahoo.com
Byron Donalds gets his biggest contribution yet: $10M from Ken Griffin

Donalds has also received $7.5 million from Pennsylvania billionaire Jeff Yass, bringing his total war chest to $92 million.

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Jul 24 • 1:21 PM EDT • Politics • miamiherald.com
Ukraine hits Russia's largest online marketplace, hurting small businesses and bringing the war home

The Ukrainian attacks on the sprawling Russian warehouses produced stark images, with massive pillars of black smoke rising above fires that raged at facilities of Wildberries, the country’s biggest online retailer and its equivalent of Amazon.

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Jul 24 • 11:33 AM EDT • Business • pbs.org
German Fest is back; three days of authentic food and entertainment

German Fest is back this weekend with three days of authentic food, entertainment, and a vibrant community atmosphere. Brian Kramp is on the grounds seeing why it’s grown to be one of the biggest German festivals in the U.S. over the past 45 years.

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Jul 24 • 11:20 AM EDT • Entertainment • fox6now.com
How Africa’s richest man plans to turn a $20 billion business into a $100 billion industrial empire

Africa’s richest man Aliko Dangote plans to grow Dangote Group into a $100 billion industrial empire by 2030 through refinery expansion, cement growth, fertiliser investments and what could become Africa’s biggest IPO

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Jul 24 • 11:00 AM EDT • Business • africa.businessinsider.com
July 25 Proves That Some of Entertainment’s Biggest Personalities Share More Than Just Fame
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Jul 24 • 6:29 AM EDT • Entertainment • yahoo.com
Why Hollywood's biggest stars keep saying yes to Christopher Nolan

"The Odyssey" director Christopher Nolan is famous for reuniting with the same actors. Here's what keeps stars like Cillian Murphy, Michael Caine, and Anne Hathaway coming back.

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Jul 24 • 1:25 AM EDT • Business • businessinsider.com
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Bucs' Biggest Training Camp Storyline Revealed

Beyond contract disputes, Tampa Bay's season hinges on Baker Mayfield’s health. After a brutal, injury-plagued year, can the quarterback find his ceiling and secure his future with the franchise?

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Jul 24 • 12:08 AM EDT • Sports • sports.yahoo.com
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Bucs' Biggest Training Camp Storyline Revealed

Beyond contract disputes, Tampa Bay's season hinges on Baker Mayfield’s health. After a brutal, injury-plagued year, can the quarterback find his ceiling and secure his future with the franchise?

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Jul 24 • 12:08 AM EDT • Sports • sports.yahoo.com
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Philadelphia Eagles Get Linked to Intriguing Browns Trade Target

Going into the 2026 NFL season, the Philadelphia Eagles‘ biggest question marks will be on the offensive side of the ball. After dominating in the Super Bowl two seasons ago, the defensive side of the clear was by far the strongest for Philadelphia in the following season and it wasn’t particularly close. But with that […] The post Philadelphia Eagles Get Linked to Intriguing Browns Trade Target appeared first on HEAVY.

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Jul 23 • 7:04 PM EDT • Sports • sports.yahoo.com
Maine’s Bet on the Progressive Platform

Maine Democrats have coalesced around Troy Jackson, a progressive former state senator who lost a gubernatorial election earlier this summer, to replace Graham Platner on the Senate ticket. Also: A new slate of Black officials is poised to lead some of Maryland's biggest counties.

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Jul 23 • 2:17 PM EDT • Politics • governing.com
The Morning Show heads off into the night.

Apple announced that one of its biggest early hits will be coming back for a fifth and final season in 2027. The Morning Show premiered alongside Apple TV as one of its prestige plays, with a notably star-studded cast. The news comes the same day Apple announced a new dating series. [Image: https://platform.theverge.com/wp-content/uploads/sites/2/2026/07/072226_The_Morning_Show_Fifth_Final_Season_Announcement_Big_Image_02.jpg?quality=90&strip=all]

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Jul 23 • 12:27 PM EDT • Entertainment • theverge.com
Atlanta Braves Prospect Named Biggest Trade Piece Before Deadline

The Atlanta Braves' biggest trade chip is one of the organization's top prospects.

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Jul 23 • 11:00 AM EDT • Sports • sports.yahoo.com
When It Comes to Fusion, Materials Matter

Fusion at high temperatures powers the sun and, if harnessed, could provide a potential source of energy here on Earth. But controlling fusion reactions has other benefits. The process also generates subatomic particles called neutrons that are used in a range of applications spanning medicine, research, and national security. Now, scientists at the University of California, Davis (UC Davis), and the Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) have found that the materials surrounding a fusion reaction can dramatically increase how often it occurs, particularly at low energies where fusion is rare. The study was published July 18 in Nature Communications. Their approach sets up a way to study and engineer nuclear reactions within solid materials, opening a new field of “materials-driven fusion.” Instead of designing materials just to survive the harsh conditions of fusion, researchers might be able to design materials that boost the reaction in specific conditions, similar to the way catalysts speed up chemical processes. “It gives you a new knob to turn that you didn’t have before,” said Arun Persaud, head of the Fusion Science & Ion Beam Technology group in Berkeley Lab’s Accelerator Technology & Applied Physics (ATAP) Division. “If we understand this effect better, it opens the door to engineering new materials that would affect the fusion rate under certain conditions. Someday future progress might enable more compact and efficient neutron generators, which have all kinds of applications, like cargo screening, planetary science, and medical therapy and imaging.” In the experiment, researchers used two different methods to pack deuterium, a heavy form of hydrogen atoms that is often used in fusion, into thin foils of palladium and titanium. They then fired a beam of deuterium ions at the foils at different energies and measured how often fusion happened. Then they compared the rates from the different materials and methods with the “bare” fusion reaction (not in a material). The team found that fusion rates depended on how the deuterium was loaded into the metal foils. The biggest effect was at the lowest energies, below 2.5 kiloelectronvolts (keV), where theory predicts fusion rates drop off sharply. Instead, researchers found a surprising plateau: Some samples showed elevated fusion rates roughly a quintillion times higher than bare fusion reactions. (A quintillion is a 1 followed by 18 zeroes.) Researchers are not exactly sure why that’s happening, though they have some ideas and ways to test them. The electrons and defects within the material might partially shield repulsive electrostatic forces between deuterium nuclei, making it easier for them to get close together and fuse. Tuning the electronic structure, defects, and composition of materials could help make nuclear reactions happen more readily. “It comes down to better understanding the mechanism so that we can try to enhance it,” said corresponding author Jeremy Munday, a professor at UC Davis. “We’ve seen that we can increase fusion rates, but what is the limit? Can we bring it to lower temperatures or energies? There’s obviously a lot of interest and excitement about fusion, so if there’s something we can learn about the physics at these lower energy scales, maybe there’s something we can translate to other areas of nuclear science.” The team plans to explore a wider range of materials and continue probing the unexpected fusion plateau at lower energies. Their work establishes a reproducible experimental platform to study how solid materials influence nuclear reactions, creating a new area of research that links fusion science with materials science and chemistry. “The work shows conclusively that the material environment where fusion occurs at low temperatures is an active participant rather than a passive container,” said Cameron Geddes, director of ATAP. “That adds a new dimension to fusion research.” This work was funded by the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E). ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.

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Jul 23 • 11:00 AM EDT • Science • newscenter.lbl.gov
Despite Old School Approach, Steelers are far From 'Unserious'

One of the biggest criticisms of the Pittsburgh Steelers over the years has been their old-school way of doing business. What is clear, however, is that the Steelers are committed to winning, even if others disagree with their approach. Vic Tafur of The Athletic discussed the Steelers in his review of every NFL team's betting line.

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Jul 23 • 9:00 AM EDT • Sports • sports.yahoo.com
How Fanatics Fest became the place for sports' biggest stars to be seen (and heard)

The four-day convention is now home to dozens of athlete podcasts. And the competition to be there will only grow.

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Jul 23 • 8:16 AM EDT • Sports • sports.yahoo.com
Josh Shapiro may be the biggest fundraising juggernaut Pennsylvania politics has ever produced

As the governor seeks reelection with an eye on a presidential run, he’s raising more money than any Pennsylvania chief executive since at least 2010.

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Jul 23 • 6:01 AM EDT • Politics • inquirer.com
Lewis Hamilton Celebrates Ferrari’s Biggest Weakness Being Fixed

Ferrari driver Lewis Hamilton has brought a ton of change to the Italian powerhouse, both in approach and personnel, and they seem to be paying off.

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Jul 23 • 5:00 AM EDT • Sports • sports.yahoo.com
China fires up powerful particle accelerator to unlock secrets of atoms

Facility in country’s south will help scientists answer some of the biggest questions in nuclear physics, according to its chief designer.

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Jul 22 • 9:00 PM EDT • Science • scmp.com
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The 3 biggest takeaways from Google's second-quarter earnings

Google's latest blockbuster quarter highlights how much AI is driving growth, but also how expensive it is getting to keep up.

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Jul 22 • 8:08 PM EDT • Business • businessinsider.com
Trauma-informed coaching program aims to keep more Chicago kids in sports

Chicago's WNBA All-Star festivities are highlighting some of the biggest names in women's basketball, but they are also drawing attention to the coaches shaping the next generation of athletes.

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Jul 22 • 7:18 PM EDT • Sports • abc7chicago.com
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Russia's businesses under strain from Ukraine's attacks on Wildberries

Ukrainian drones have hit several retail warehouses belonging to Russia's biggest online retailer Wildberries in a matter of days.

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Jul 22 • 7:06 PM EDT • Business • yahoo.com
Wildberries: Russia's businesses under strain from Ukraine's attacks on retail warehouses

Ukrainian drones have hit several retail warehouses belonging to Russia's biggest online retailer Wildberries in a matter of days.

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Jul 22 • 7:06 PM EDT • Business • bbc.com
If You Aren't Going To BlizzCon 2026, You Can Still Spend Money Like You Are

Cosmetic bundles for Blizzard's biggest games are live now.

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Jul 22 • 2:08 PM EDT • Technology • gamespot.com
New ESPN ranking underscores 49ers' 2 biggest roster problems

The 49ers' aging roster and poor draft history means they don't have a lot of young talent.

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Jul 22 • 2:00 PM EDT • Sports • sports.yahoo.com
A-List celebrities show up for 40/40 Club at Fanatics Fest

Some of the biggest names in sports, music, and fashion, converged in New York City for Fanatics Fest over this past weekend. While many took part in all of

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Jul 22 • 11:00 AM EDT • Entertainment • amny.com
Samsung Galaxy Unpacked 2026: The 6 biggest announcements

A redesigned wide Z Fold 8 and a new ‘Ultra’ Fold.

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Jul 22 • 9:00 AM EDT • Technology • theverge.com
2026 MLB trade deadline bold predictions: Tigers send Tarik Skubal to NL contender; Yankees, Cubs get busy

Mike Axisa uses his crystal ball to predict the biggest moves (and non-moves) before the Aug. 3 deadline

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Jul 22 • 8:45 AM EDT • Sports • cbssports.com
Spain and Morocco are competing to host the 2030 World Cup final. Who will win?

The countries are two of the co-hosts for the tournament and both are pressing their case to stage the biggest game in world sport

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Jul 22 • 7:00 AM EDT • Sports • nytimes.com
A crucial governor’s primary just became Democrats’ biggest debacle

How the Wisconsin governor’s race became a tire fire for Democrats.

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Jul 22 • 6:45 AM EDT • Politics • vox.com
The biggest barrier to teen mental health isn’t treatment.

Treatment is critically important, but experience has taught us that another challenge often comes first: ensuring young people are identified, supported and connected to care before a situation becomes a crisis.

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Jul 22 • 6:01 AM EDT • Health • ncnewsline.com
Scientists attach cameras to whale sharks, capturing how the world’s biggest fish hunts like never before

For decades, marine scientists have watched whale sharks (Rhincodon typus), the world’s biggest fish, from boats and while snorkelling. They could only catch glimpses of the world’s largest fish gliding through tropical waters.

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Jul 22 • 5:08 AM EDT • Science • timesofindia.indiatimes.com
Americans far more likely to view politics as greatest threat to safety, study finds

New survey reveals one in 10 Americans identify politics as biggest risk they face in life – 10 times the global average

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Jul 22 • 5:00 AM EDT • Politics • theguardian.com
Why political fury is boiling over on the streets on India’s capital

For days the streets and parks in the center of India’s capital have seethed with the biggest demonstrations it has seen in years as young protesters demand change to a national exam system they say cheats millions of them out of a fair chance.

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Jul 22 • 2:26 AM EDT • Politics • cnn.com
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Moms Podcast Takeover: Sun, swim & science with Dr. Liza Lockwood

Summer myths are everywhere—but some can be dangerous. This week on the Mom Pod, Dr. Liza Lockwood joins the moms to separate fact from fiction on sunscreen, water safety, and hydration. From the biggest summer parenting myths to simple science-backed tips that could keep your family safer, this is one conversation you'll want before your next trip to the beach, pool, or playground.

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Jul 22 • 12:00 AM EDT • Science • acsh.org
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The Five Biggest "What Ifs" of the Josh Allen Era

From pivotal trades to career-defining leaps, examine the sliding-door moments that transformed a struggling franchise into a powerhouse and nearly altered the course of Buffalo football history.

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Jul 21 • 10:08 PM EDT • Sports • sports.yahoo.com
Same old Cowboys offseason with one giant exception

What do you think is the biggest individual difference about this Cowboys offseason?

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Jul 21 • 4:00 PM EDT • Sports • sports.yahoo.com
Sports Illustrated brings together sports, fashion and entertainment at Beyond the Pitch New York

The night before the FIFA World Cup final, Sports Illustrated brought together some of the biggest names in sports, entertainment, music and fashion for its

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Jul 21 • 3:50 PM EDT • Entertainment • amny.com
Apple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur Sales

Apple Inc. is preparing to introduce Apple Upgrade, a leasing program that will mark one of the biggest-ever changes to how the company sells devices.

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Jul 21 • 11:10 AM EDT • Technology • bloomberg.com
Bucs' Biggest Remaining Roster Issue Named Before Training Camp

Despite a revamped defense and high-powered backfield, Tampa Bay’s postseason hopes could hinge on a neglected tight end room currently lacking depth behind starter Cade Otton.

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Jul 21 • 1:13 AM EDT • Sports • sports.yahoo.com
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Biggest Questions Facing Wisconsin Football Before Fall Camp

What are the most pressing topics entering camp as Luke Fickell looks to turn it around in year four?

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Jul 20 • 8:00 PM EDT • Sports • sports.yahoo.com
UFC Freedom 250 Fails to Knock Out The Ratings

(Welcome to my weekly streaming ratings report, the single best guide to what’s popular in streaming TV and what isn’t. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. If you were forwarded this email, please subscribe to get these insights each week.) If UFC fans wanted one image to say, “Hey, Paramount+ is crushing it with their UFC rights deal,” I could provide that image. Here it is: (Reminder: this is my creation of the Nielsen Top 30, since Nielsen doesn’t combine the lists or include sports. I take all three lists and combine them. Some streaming TV shows probably have higher ratings than many of the films on this list.) Look at that! UFC Freedom 250 is number one! It topped the Nielsen “Top 30” list for shows and films that made the top ten the week of 15-June. So if you’re a UFC fan or supporter of Paramount+, that’s the good news for you this week. This program topped the ratings charts for one week. Everything else is bad news, or at least a huge caveat to that story, which I’ll explain today in the first part of this week’s Streaming Ratings Report—for the weeks of 8-June and 15-June—which is a double issue since I’ve been writing on a bunch of topics recently. UFC Freedom 250 is one of the biggest streaming events of the year, and super relevant to Paramount+’s strategy, so it merited its own article. Let’s dive in! (Reminder: The streaming ratings report focuses on the U.S. market and compiles data from Nielsen’s weekly top ten viewership ranks, Luminate’s Top Ten Data, JustWatch and Reelgood interest data, Samba TV household viewership, company datecdotes, Netflix hours viewed data, Google Trends, and IMDb to determine the most popular content. While most data points are current, Nielsen’s data covers the weeks of June 8th to June 21st 2026. You can find a link to my terminology here.) Subscribe Check Out My Interview on UFC 250 at MMA Draw After you read this article, if you want even more thoughts on UFC and Paramount-Skydance/Paramount+, I did a written interview with MMA Draw. They asked me to answer some questions about UFC Freedom 250, and I was happy to chat with them. Find it here: [ The MMA Draw Newsletter Did Paramount really overpay for the UFC? What the data tells us so far If you know the history of American television, you also know that combat sports is often a leading indicator of the future… Read more a day ago · 10 likes · 1 comment · Nate Wilcox and Zach Arnold ](https://www.themmadraw.com/p/did-paramount-really-overpay-for?utm_source=substack&utm_campaign=post_embed&utm_medium=web) I never thought I’d need a combat sports newsletter in my life, but the good folks at MMA Draw publish an excellent one on UFC, MMA, pro wrestling, boxing and more, analyzing both the sports themselves and the politics, economics and antitrust issues that impact them. Check the article and their newsletter out! Paramount+ Has Its Best Sporting Event of All Time…But Was It Worth It? Before we look at the UFC Freedom 250 data in particular, let’s talk about what we can’t say. Namely, let’s start with the lack of comparisons. First off, I’d love to put a chart out comparing this fight to past UFC fights on Paramount+…but we don’t have the data. This is the first time we’ve gotten Nielsen data about a Paramount+ UFC fight. As far as I can tell, Paramount provided data for the first fight, but it was a proprietary datecdote (saying it had “an average minute audience” of 5 million “views”) and then, for two fights, we got the linear viewership numbers when they aired on CBS, but no streaming data. Everything else was crickets. We also can’t compare this fight to other fights/combat sports on streaming, in particular the MMA and boxing, because Netflix also didn’t use Nielsen to track those events, opting for TVision and VideoAmp, respectively. (This isn’t Paramount’s fault, but does still suck.) We also can’t compare to UFC’s fights that used to be on ESPN+, since we don’t have any data for that, plus Disney+ didn’t have marquee fights. The comparisons would not be apples-to-apples. Can we compare to past Pay-Per-View fights? Absolutely not. The comparisons would absolutely NOT be apples-to-apples. That didn’t stop Paramount+, though, who bragged that their UFC events have reached drastically more people than past PPV fights. Duh. Sorry, but I gotta make this point again. A basic tenet of economics is that the cheaper something becomes, the more people consume or buy it. That’s Econ 101. (Sometimes pundits call things “Econ 101” that are actually like Econ 210 or even PhD-level economics, but no, this is really like first or second class basic economics.) Yet I still see one analytics firm consistently say that more people watch films on streaming than PVOD proves streaming which means that the streaming window is more valuable than the PVOD window. No, it’s not! Same thing here. Pay-Per-View events back in the day could be really, really, really expensive! So whole groups of people pitched in to buy them. That increased the perceived value of, say, the Mike Tyson fight. Or a UFC numbered event. So yes, the fact that Paramount+ makes numbered UFC fights essentially “free” if you’re already a Paramount+ member means consumption will go up. Obviously. Same for Netflix and their boxing matches. They’re talking about fights that used to cost consumers, in some cases, $50 in 1996…which is over $100 in today’s dollars. Over 1.6 million people paid that to watch the Tyson-Holyfield fight! Again, streaming is essentially “free”. Or $10 to $20, depending on what streamer we’re talking about and what tier you’re on. No wonder more people are “watching”. (Plus, Nielsen’s out-of-home viewing also helps these numbers.) UFC Freedom 250 Did Well…But I Have A Lot of Worries So what can we compare the fights to? Well, the good news is Nielsen put out that the fight averaged 7.0 million viewers for UFC Freedom 250, which is a solid number for a fight. We also know the length, at roughly 4 and a half hours. (I saw different run times, but this seems to be the consensus considering it started at 8 pm, had a delay and then finished after midnight on the East Coast. If you assume a shorter run time, then yes, the total hours viewed would go down.) That means I have the two numbers needed to add this to my Nielsen database. And then…I can compare this viewership to the NFL: And, uh, not great. But also within striking distance, mainly because the runtime for this event was so long. I’d also add that this event had viewership equal to a regular season NFL game on streaming, but if anything, it was more comparable to an NFL playoff or Super Bowl-esque event. And you can compare viewership to the top football games on broadcast, cable and streaming, and it’s not impressive at all: We can also compare it to other sports that week, including the NBA Finals and start of the World Cup: Again, not great. The NBA generated roughly four times as many average viewers each game for its NBA Finals. The World Cup has similarly big numbers. Also, that’s just a tiny fraction of the 25 most watched sporting events each week. The NBA, NHL and FIFA World Cup had many, many more games racking up hours. We could also compare this to other streaming programs to get an idea of “is this a good investment?” and here is how it ranks compared to other top Paramount+ programs: The worry here? Well, unlike scripted programming, which has rewatchability, older fights/sporting events have very little library value. Very, very few people are rewatching these fights, especially years from now. Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers. Then, in their quarterly earnings report, they only ended up with 700K subs. Not great! They claimed they dropped lower-value international subscribers, but that’s why I tend to discount subscriber additions when they’re leaked to the press.1 I expect we may see a bump again for UFC Freedom 250, but I’d caution using subscriber growth so soon after these events to judge the success, since new subs with high churn (see Peacock) aren’t great either. Also, analysts often want to attribute all subscriber growth to their favorite/pet show, and that just doesn’t make sense. The biggest caveat for UFC Freedom 250 and Paramount’s very first UFC marquee event is that these could be high watermarks for the sport. UFC Freedom 250 had an incredible amount of earned media coverage compared to most UFC fights. I mean, it had wall-to-wall national news coverage in the lead up to the event. (The first fight also had a lot of promotion from Paramount since it was first.) Other fights could reach this bar—say the Conor McGregor return to the Octagon—but they’ll be fewer and far between. Was This Deal Worth It? All to ask: is this Paramount deal worth it? In this case, I think the UFC Freedom 250 numbers are more distracting than helpful. This fight did well and compares well to other top sporting events. But we know that the first marquee event was at least a third smaller, if Paramount’s own data is to be believed. And it’s likely the other fights are much, much, much smaller. And then you get to the paycheck that Paramount-Skydance paid. FIFA’s World Cup cost about the same for Fox, but clearly generated multiples more total viewership. (Though it’s only every four years.) The NBA is much more expensive, but until the playoffs, they likely didn’t pay for itself. Even still, Disney, NBCUniversal and Amazon Prime Video likely overpaid. So, in that context, the NBA may be an overpay that makes the UFC look not so bad. But two overpays don’t make an underpay, to paraphrase the old cliché about wrongs and rights. And looking at UFC Freedom 250 as the likely ceiling of MMA on Paramount+, Paramount-Skydance likely paid too much. Share 1 I would love regular reports on subscriber additions by programs, but as is, it’s mostly leaked or rumored in haphazard ways.

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Jul 20 • 6:48 PM EDT • Entertainment • entertainment.substack.com
Clint Reilly, longtime San Francisco power broker, dies at 79

Clint Reilly advised some of California’s biggest political names, ran for San Francisco mayor and fought to preserve newspaper competition before purchasing the Examiner himself.

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Jul 20 • 1:19 PM EDT • Politics • sfchronicle.com
AMC Entertainment Shares Surge On Upbeat Q2 Report, Windfall From ‘The Odyssey’

The world’s biggest theater chain saw its shares surge as it posted the highest quarterly revenue in its history for the three months ended in June.

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Jul 20 • 11:26 AM EDT • Entertainment • deadline.com
The latest and biggest Galaxy Watch Ultra 2 image leak comes two days before launch

Samsung has a scheduled event set for July 22, which is where the company is expected to announce the Galaxy...

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Jul 20 • 11:22 AM EDT • Technology • 9to5google.com
An ambassador for WSU’s signature apple

Kate Evans navigated the male-dominated world of plant breeding to become the face of WSU's biggest, and tastiest, commercialization project.

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Jul 20 • 9:00 AM EDT • Science • news.wsu.edu
Science can serve dark as well as light

I’m not sure how many of you are watching “Star City,” Apple TV’s spin-off of its “For All Mankind” program (2019-present), but it’s one of the better sci-fi series I’ve seen in a while, with an impressively dark political message. (Some light spoilers below.) For the uninitiated, “For All Mankind” presented a slightly tweaked history of the U.S. space program in which it was the USSR that landed on the Moon first in 1969, and shortly thereafter put a woman cosmonaut on the lunar surface. This sparks an ongoing space race that, in the original series, yields a lot of benefits for humanity. President Nixon’s insistence on a female astronaut corps to compete with the Soviets boosts the feminist movement of the 1970s and the ERA passes. New fuels generated for the space program create clean and cheap energy around Earth. There are also some darker changes — the USSR is thriving well into the 2000s, there are terrorist counter-technology movements around the globe, laborers on Mars work in nightmarish conditions and organize strikes and riots, etc. the @smotus report is a reader-supported publication. To support this work, please become a paid subscriber. Subscribe That show offers glimpses into the subtle ways this Earth is different. Teddy Kennedy never went to Chappaquidick because he was racing back to Washington to deal with the space program crisis; he gets elected President in 1972. John Lennon survives his early 1980s shooting but Pope John Paul II does not. The Apple Newton succeeded. Pretty much the whole of season 4 is a setup for an Al Gore joke. Again, mostly, the vision that “For All Mankind” presents is a positive one, with technology advancing many human interests. “Star City” goes in a very different direction. This spin-off show is about the same set of events but from the Soviet perspective. As we meet them, the team of scientists and cosmonauts responsible for the lunar landing are still basking in their hero status, but their program is embedded deep in the Soviet security state of the late 1960s. Everyone’s apartment is bugged. Whole teams of clerical staff spend their days transcribing recordings of people’s lives. People in the program, including respected cosmonauts, are regularly arrested. An incredibly menacing Colonel Lyudmilla Raskova (Anna Maxwell Martin) forces confessions and tortures and kills, expressing little more than annoyance in the process. Meanwhile, the space program’s highly respected Chief Designer (Rhys Ifans) has a vision for the program that he knows the government will not approve. He insists that they need to think past the Moon to focus on colonizing the solar system, starting with Venus. (This is a rough parallel to the Americans’ pivot to Mars in the original show.) He essentially builds a secret space program within the space program, calculating that the government will embrace the mission after it has succeeded. (As an aside, I’m not sure why the Venus obsession, as a successful mission can’t produce the biggest public relations payoff: a cosmonaut standing on the surface holding the Soviet flag. Anyone standing on Venus would be immediately crushed by the 92-bar atmosphere and then cremated in the 900°F temperatures. But in a country with no free press perhaps the visual payoff was less valued.) But the overall vision is that the technological advances have only amplified the most fearsome aspects of the Soviet system. The state is paranoid (but not incorrect) about American spies and does monstrous things to protect its secrets. People are terrified to trust each other. Classic banality-of-evil figures order people to harm those they care about; those people comply rather than get shot. Others are forced into criminal behavior to protect loved ones. We’re reminded all the time these days of what happens when a government despises science. It manifests in the defunding of schools, the elevation of fossil fuels as the rest of the world pivots to solar, outbreaks of measles and diarrhea, etc. But “Star City” offers a vision of a bad government that likes science. It’s not encouraging. It’s not yet clear if there will be a season two of this show. But I strongly recommend season one. It’s both thoughtful and gripping. Share

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Jul 20 • 8:04 AM EDT • Science • smotus.substack.com
What 110,000 Rejected Papers Reveal About Science's Biggest Journals

A 110,303-paper study finds prestige, and team size sway acceptance at top science journals more than gender.

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Jul 20 • 8:03 AM EDT • Science • studyfinds.com
AMC Entertainment Attracts More Than 4.3 Million Moviegoers Worldwide as THE ODYSSEY Delivers the Biggest Opening Weekend for an R-rated Film Across AMC’s U.S. Circuit Since 2024

AMC Entertainment Holdings, Inc. (NYSE: AMC), the largest theatrical exhibitor in the United States and the world, today announced that more than 4.3 million...

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Jul 20 • 7:00 AM EDT • Entertainment • businesswire.com
AMC Entertainment Attracts More Than 4.3 Million Moviegoers Worldwide as THE ODYSSEY Delivers the Biggest Opening Weekend for an R-rated Film Across AMC’s U.S. Circuit Since 2024

LEAWOOD, Kan., July 20, 2026--AMC Entertainment Holdings, Inc. (NYSE: AMC), the largest theatrical exhibitor in the United States and the world, today announced that more than 4.3 million moviegoers attended AMC Theatres in the United States and ODEON Cinemas internationally from Thursday through Sunday, led by the opening of Christopher Nolan’s THE ODYSSEY.

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Jul 20 • 7:00 AM EDT • Entertainment • finance.yahoo.com
Argentina 2026 FIFA World Cup™ Final Mini-Movie 🇪🇸🇦🇷🎥

Spain and Argentina met on football’s biggest stage with the FIFA World Cup™ trophy on the line. Relive the emotion, intensity and unforgettable moments from the 2026 FIFA World Cup™ Final in the official FOX Sports Mini-Movie.

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Jul 20 • 6:21 AM EDT • Sports • foxsports.com
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AMC Entertainment Attracts More Than 4.3 Million Moviegoers Worldwide as THE ODYSSEY Delivers the Biggest Opening Weekend for an R-rated Film Across AMC’s U.S. Circuit Since 2024

Six U.S. AMC locations operated around the clock throughout the weekend, running THE ODYSSEY showtimes for more than 85 consecutive hours to…...

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Jul 20 • 3:00 AM EDT • Entertainment • investor.amctheatres.com
Grappling Bulletin: FloGrappling & ONE Championship Enter Strategic Partnership

-FloGrappling and ONE Championship have entered into a strategic partnership that aims to more actively ensure the best in the world will be active and available at the biggest events in the world, including ONE, WNO, and Flo-partnered events like ADCC & IBJJF majors. -Helena Crevar scored a big win at ONE: The Inner Circle 22, defeating Paige Ivetter Clymer by decision. Crevar and Clymer will be both in the same bracket at the ADCC World Championships, with the potential for a rematch.

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Jul 20 • 1:48 AM EDT • Sports • sports.yahoo.com
Heat stroke, exhaustion biggest RAGBRAI concerns for county public health

The National Weather Service is predicting that Marshall County’s temperature and heat index – 92 degrees with a heat index of 101 – will persist and possibly increase on Monday. The high temperatures felt across the state will greet RAGBRAI riders as they start the journey on Sunday in Onawa. Once they reach Marshalltown on […]

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Jul 19 • 8:00 PM EDT • Health • timesrepublican.com
Bangor businesses hope World Cup excitement scores big with local fans

As the world’s biggest soccer tournament comes to a close with its championship match, Bangor businesses are hoping the global excitement translates into packed dining rooms and a busy Sunday afternoo...

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Jul 19 • 5:53 PM EDT • Business • yahoo.com
Madonna-Justin Bieber Tension Erupts Behind World Cup Halftime Show

The first-ever World Cup final halftime show was designed to unite some of music’s biggest stars, but Madonna and Justin The Madonna-Justin Bieber Tension Erupts Behind World Cup Halftime Show first a...

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Jul 19 • 5:20 PM EDT • Entertainment • yahoo.com
Prediction markets Swell to 27% of sports bets during World Cup

Kalshi, the biggest player, has repeatedly broken its own trading records during the World Cup.

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Jul 19 • 4:55 PM EDT • Sports • fortune.com
Rookie Draft Pick May Fix ‘Biggest Roster Issue’ for Cowboys

The Dallas Cowboys could have a fix for their "biggest remaining roster issue" in rookie cornerback and 4th-round pick Devin Moore. The post Rookie Draft Pick May Fix ‘Biggest Roster Issue’ for Cowboys appeared first on HEAVY.

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Jul 19 • 2:57 PM EDT • Sports • sports.yahoo.com
Bucs Called Out Over $30 Million ‘Biggest Roster Issue”

NFL.com's Matt Okada singled out tight end as the "Biggest Remaining Roster Issue" for the Tampa Bay Buccaneers headed into the season. The post Bucs Called Out Over $30 Million ‘Biggest Roster Issue” appeared first on HEAVY.

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Jul 19 • 2:13 PM EDT • Sports • sports.yahoo.com
World Cup final entertainment kicks off

The 2026 World Cup comes to an end this morning with a match between Spain and Argentina – and a musical line-up featuring some of the biggest names in entertainment.

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Jul 19 • 1:52 PM EDT • Entertainment • news.com.au
NFL analyst names Falcons' biggest remaining roster issue

NFL.com names Falcons' biggest remaining roster issue ahead of training camp

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Jul 19 • 1:31 PM EDT • Sports • sports.yahoo.com
AIPAC has spent a record amount on Michigan's Senate primary, the biggest test of its influence yet

U.S. Rep. Haley Stevens is benefiting from tens of millions in pro-Israel spending in her race to be the Democratic nominee for Senate in Michigan.

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Jul 19 • 9:28 AM EDT • Politics • news4jax.com
AIPAC Has Spent a Record Amount on Michigan's Senate Primary, the Biggest Test of Its Influence Yet

SOUTH HAVEN, Mich. (AP) — Senate candidate Haley Stevens talks often about manufacturing, taking on President Donald Trump and why she’s the Democrat best positioned to win Michigan. The congresswoman has far less to say about the pro-Israel group that has spent millions trying to get her elected.

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Jul 19 • 9:28 AM EDT • Politics • usnews.com
More Bad News for Aaron Judge, Yankees

The New York Yankees are missing their biggest star right now and that won't change any time soon.

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Jul 19 • 8:26 AM EDT • Sports • sports.yahoo.com
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Relive 'America's World Cup' with our commemorative book

The United States staged the biggest, boldest and best World Cup in 2026, and USA TODAY Sports has crafted a hardcover keepsake book to commemorate it

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Jul 19 • 8:17 AM EDT • Sports • sports.yahoo.com
Michigan will have a new football and basketball coach at the same time…again

As was the case in 2024, Michigan will have two new coaches in its biggest sports:

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Jul 19 • 7:00 AM EDT • Sports • sports.yahoo.com
The biggest winners of the American economy fear they’re sinking fast

Waves of layoffs and growing pressure to automate jobs are creating existential panic in the tech industry. Economists say other white-collar workers are next.

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Jul 19 • 5:00 AM EDT • Technology • washingtonpost.com
World Cup final entertainment roundup

The 2026 World Cup comes to an end this morning with a match between Spain and Argentina – and a musical line-up featuring some of the biggest names in entertainment.

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Jul 18 • 7:42 PM EDT • Entertainment • news.com.au
5 Classic PS1 Games That Are Unplayable Today

Surprisingly, these five classic games for PS1 are not only no longer playable, but include some of the platform's biggest and most acclaimed titles.

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Jul 18 • 6:00 PM EDT • Technology • svg.com
This Is The Alabama’s Biggest Question Entering 2026

Alabama enters the 2026 season with expectations as high as ever, but unlike many recent Crimson Tide teams, there is one glaring question that could determine whether Kalen DeBoer’s third season ends with a College Football Playoff run or another disappointing finish. Can Alabama finally establish a consistent running game? The numbers from last season…

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Jul 18 • 5:57 PM EDT • Sports • sports.yahoo.com
Fitbit's Whoop Challenger Quietly Added a Game-Changing Upgrade

The Fitbit Air launched with great hardware and work-in-progress software. Now, a new partnership with a cult-favorite health startup may shore up the new tracker's biggest weakness.

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Jul 18 • 2:19 PM EDT • Technology • gearpatrol.com
Walking is one of the best exercises for heart health — why trainers say strength training matters too

Heart health is closely tied to everyday energy and resilience. A trainer explains what actually makes the biggest difference — and where most people get it wrong.

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Jul 18 • 11:27 AM EDT • Health • creators.yahoo.com
‘300-Pound Men From the Football Business Crying’ – CEO Reveals Emotional Meltdown Inside Taylor Swift, Travis Kelce’s Wedding

Taylor Swift and Travis Kelce’s wedding celebration has remained one of the biggest talking points across the NFL. Now, American Century Investments President and CEO Jonathan Thomas has revealed that...

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Jul 18 • 11:05 AM EDT • Business • yahoo.com
Poll: Who Ya Got in the World Cup Final?

Editor's note: Welcome to Athlon Sports' poll of the day, where we ask readers to weigh in on the biggest topic of the day. Thanks for voting, and be sure to sound off in the comment section. The world is watching!

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Jul 18 • 8:00 AM EDT • Sports • sports.yahoo.com
Earth’s biggest volcanic event transformed an entire oceanic plate

Seismic waves have revealed that the oceanic plate beneath the Ontong Java Plateau was dramatically transformed by the colossal volcanic activity that created it more than 100 million years ago. Researchers found a complex structure of horizontal layers cut through by vast swarms of vertical magma channels, along with unusually slow seismic waves suggesting that deep-rising magma chemically altered the plate itself.

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Jul 18 • 8:00 AM EDT • Science • sciencedaily.com
The Biggest Science Fiction Books of 2026

Browse 22 of the most exciting new science fiction books out in 2026 so far and add them to your own custom collections.

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Jul 18 • 7:00 AM EDT • Science • bookriot.com
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Trump administration races to rebuild tariff wall knocked down by Supreme Court

The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump’s tariffs in February. The question now is: Can the president’s trade team make good on its promise to replace the lost revenue?

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Jul 17 • 5:23 PM EDT • Politics • pbs.org
Israeli Strike in Gaza Kills Seven People, Health Officials Say

The Israeli military said the attack targeted members of the second-biggest militant group in Gaza. It also said it was “aware of the claims that several uninvolved individuals” had been harmed.

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Jul 17 • 3:23 PM EDT • Health • nytimes.com
EA Ads Lead Outlines Future of In-Game Ads Across EA's Biggest Franchises

The Game Business interviewed Alexander Dao, Head of EA Ads, and gave use insight into how in-game ads may work, and why they work.

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Jul 17 • 1:55 PM EDT • Technology • simscommunity.info
Did this scientist solve humanity’s biggest mystery? The surprising theory explained - Futura-Sciences

From behind the Iron Curtain Gánti was born in Vác, Hungary, on September 10, 1933. He grew up during World War II and the subsequent Soviet occupation. Though he trained as a chemical engineer and worked in industrial biochemistry, his lifelong obsession was a fundamental question: what actually defines something...

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Jul 17 • 1:00 PM EDT • Science • futura-sciences.com
Cody Bellinger says Call of Duty brings athletes together as sports and gaming collide at Fanatics Fest

NEW YORK — Cody Bellinger has played for baseball's biggest brands over his career.

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Jul 17 • 10:57 AM EDT • Sports • sports.yahoo.com
Biggest differences with Cowboys from this year to last

What would you say is the biggest difference in the Cowboys this year compared to last?

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Jul 17 • 10:30 AM EDT • Sports • sports.yahoo.com
Oklahoma State Didn't Land Drew Mestemaker With Money Alone

Drew Mestemaker could've chased the biggest NIL offer or a college football blue blood. Instead, he followed Eric Morris to Oklahoma State. One quote from Morris—"Don't get caught up in all the hype... and don't break my heart"—shows why relationships still matter in today's transfer portal.

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Jul 17 • 10:00 AM EDT • Sports • sports.yahoo.com
All hail the World Cup town of East Rutherford, a deserving center of the universe

The small borough in northern New Jersey is about to host the biggest sporting event in the world.

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Jul 17 • 5:00 AM EDT • Sports • nytimes.com
Apple Readies OLED iPad Mini, With Low-End and Air Updates Coming in 2027

Apple Inc. is preparing to introduce its biggest overhaul to the iPad mini in half a decade, giving new life to a product that’s popular with travelers and technology enthusiasts.

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Jul 16 • 9:22 AM EDT • Technology • bloomberg.com
‘Social media bans are likely to make things worse’: psychologist Candice Odgers on kids, tech and mental health

She has studied adolescent mental health for 25 years and fears the debate obscures some of the biggest issues facing teenagers – from the impact of Covid to the health of their adult caregivers

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Jul 16 • 12:00 AM EDT • Health • theguardian.com
The States Try to Topple WarnerMount…Thus Begins the Local Antitrust Era

(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, it looks like it’s time for another strategy column. Can I finally avoid writing about M&A? No, it seems I cannot. Admittedly, I’m a week early with this column, since I usually put it out every other week. But this news couldn’t wait. This will make three “Most Important Stories” in a row with a merger or acquisition as its centerpiece. First, Roku-Fox (an acquisition), then Comcast-NBCUniversal (a divestment!), and now the State AGs and the WGA’s lawsuits against Paramount’s pursuit of Warner Bros. Discovery (antitrust). M&A is usually the “most important” topic any given week, simply because a giant company merging or breaking up (or preventing those outcomes) can have the biggest impact on the streaming board. If you think about these companies as players in a game, changing the number of players is one of the biggest changes you can make. I shouldn’t really complain, either, since this lawsuit is very good news for customers and suppliers (econ speak for talent, workers and indie studios in Hollywood). So let me answer some questions about this potential trial, along with (shudder) making some heavily caveated predictions. I’ll also look at whether Hollywood must consolidate, whether or not the states can win, trouble at X-Box, Netflix’s YouTube binge, and more. Plus, I have five images that visualize this merger and the harm, including three brand new data looks you’ve never seen before. Subscribe Most Important Story of the Week - Can The States and the WGA Stop Hollywood’s Consolidation (Crisis)? If every other newsletter and news outlet is writing about the same story, I try to avoid writing about it as well, but I can’t ignore a story this consequential. The story of the last year was the fate of Warner Bros. Discovery, and this development potentially extends that saga into 2027. As I tried to figure out my angle, I realized, like my last column, I’m again faced with a series of questions. These questions, though, are much more forward-looking. Will the states win? Will the WGA win? If so, what happens to Warner Bros. Discovery? Either way, will this chill the market for future mergers? So you know what that means: predictions. About the future, no less, the hardest thing to predict.1 Just remember: nothing here comes with a guarantee. And the more confident someone is in their predictions, the less you should trust them. This situation is incredibly fluid, nuanced, uncertain and tenuous. So let’s try to explain what may happen. Question: Why File this Lawsuit? I’ll admit, a few months back, I was fairly pessimistic about the fate of this lawsuit. Rumors had started bubbling up that the state Attorneys General (in particular California) wanted to settle with either some minor divestments (usually CNN) or behavioral remedies. And that tracked for me: the states usually settle lawsuits, like the recent John Deere right-to-repair suit. Yet, they plan to fight this. (As they did the LiveNation-Ticketmaster monopolization trial and the Nexstar-Tegna merger.) Honestly, that also makes a ton of sense. Frankly, this move is just good politics for these State AGs. Most are still running for higher and higher office in blue states—some folks have emphasized that only Democratic AGs joined this suit, but given the Ellison/Trump ties, and fears of retribution, that tracks—and a high profile case like this will help them move up the electoral ladder, especially since Paramount and its leadership (the Ellisons, father and heir) have sided with the other side of the political aisle. That makes them unsympathetic to Democratic voters and Hollywood workers in particular. Why did this lawsuit happen? In addition to the very real concerns about industry consolidation, this is why. That said, I don’t think we would have seen this lawsuit for Netflix and Warner Bros., simply because they’re more sympathetic and aligned with Democrats. But those consolidation concerns are real. The “town”—meaning Hollywood and such—really is seeing the damage of mergers on this industry. That’s why the WGA also filed its own lawsuit in defense of workers as well. (Wildcard: What about Europe? Will they try to stop the deal, too? There have been some rumors out of the UK they may try to fight the deal, and UK enforcers just stopped a Getty Images-Shutterstock tie up, so there is precedence. This argument could go either way, though. On one hand, the EU doesn’t need to step in, cause they states are handling it. On the other hand, this could make the EU’s case easier. Just imagine if both sides coordinated. I’ll simply say, “We’ll see!”) Question: Will The State AGs or the WGA Win? Can the state AGs play David to Paramount-Skydance’s Goliath here? That’s really the whole thing, isn’t it? If you know this result, you could make a lot of money. When things are uncertain, it’s tempting to shrug and say, “Eh” meaning it’s a 50/50 proposition. I wouldn’t, though. When in doubt, you should expect that the merging parties succeed. AT&T did successfully buy Warner Bros., after all, and Disney bought Fox without any challenges. Many judges are extremely sympathetic to mergers, and I’d bet the state AGs get a judge who will allow the merger. (Even Obama-appointed judges often allow mergers.) As I understand it, we’ll see two main attacks. First, theatrical films. The AGs are arguing that, when it comes to share of box office and the number of both “wide releases” and blockbuster (or “tentpole”) films, the merging parties will have over 27% market share. Now, the Supreme Court once ruled from on high that any merger that exceeds 30% is presumptively illegal, but that’s guidance, not an ironclad bar. Still, the states will have to argue that this is close to having too much power, and with that power, this will likely further worsen the theater/studio splits in particular. Indeed, as Matthew Stoller pointed out, “just five studios are responsible for 95% of all blockbusters; if this merger goes through, then Paramount and Disney will control 60% of that.” So yes, movie studios will be very concentrated after this merger. Want me to visualize some of that? Well, here’s the share of films that grossed over $200 million at the domestic box office since 2022. (Note: this isn’t all films released in over 3,000 screens, but it is a good look at market power.) First, here are the 43 films by studio: Notice all the blue (Disney), orange (Universal), and purple (Warner Bros)? Yeah, those studios are powerful, and this combines Paramount with one of them. Here’s the look by studio and share of the films that grossed over $200 million: Now, if you look at that and also think, “Huh, should we break up Disney?” I’m with you. I’ve seen some folks poo-poo this idea that this is a real category, but it is! For an upcoming article, I’ve been pulling data on the share of top 100 films at the box office as a share of total box office, and it’s massive. Here’s the chart: (This analysis looks at The-Number’s top 100 films and total domestic box office each year.) To be clear, tentpoles make up 80.7% of the box office each year, so I do think it’s a genuine market. (To be clear, films grossing over $50 million make up 80% of the domestic box office, and films grossing over $100 million make up 64.1%.) I mean, the top 100 films at the box office make up 95% of each year’s grosses. Worse, the combined studios will likely cut output to flex that market power. Everyone can just look at what happened to Disney and Fox to see the precedent. (With fewer films, the remaining theaters have to give more for those few films that remain.) Here’s an image I’ve used a lot, the share of wide-release films from Disney and Fox over time: The AGs will also argue that this consolidation will also impact the cable industry. In this case, the consolidation is actually worse, but that environment is…complicated. Paramount will argue that the cable industry is shrinking. That said, predictions that cable will “go to zero” also don’t look very well supported by the data, as the declines are shrinking, meaning “cable” or “vMVPDs” will likely stabilize at some point. Can the state Attorneys General win on those two main arguments? I honestly don’t know. Again, I’d bet no, since history in general supports that, but it depends on the judge/jury and how they interpret the arguments. Notably, Paramount won’t face accusations about monopoly power in other areas, like streaming, news, sports rights, or vertical integration. I tend to disagree with leaving out sports rights, but I also see the appeal for a simpler case. The states also aren’t really pushing novel theories about labor harm either, which should help. (By the way, Sean McNulty at The Ankler wrote a great run through of potential options, and Capitol Forum also wrote a great paper on theatrical consolidation. Both these pieces predated the lawsuit. Matthew Stoller is also out with his analysis of the pros and cons of the case too.) In some ways, the WGA’s case is even stronger. Quoting Sean McNulty’s summary: “The WGA is citing WARNAMOUNT as crossing a 30% market share in multiple sectors, a number that the Supreme Court has precedent for deeming “presumptively anticompetitive” in a market. According to the WGA numbers, WARNAMOUNT would have represented: - 35% of film writing jobs between 2021 and 2024 - 36% of TV writing projects between 2022 and 2025 - 38% of overall deals between 2021 and 2024” Notably, antitrust enforcers did win recently in the Penguin-Simon & Schuster merger by focusing on labor impact, so don’t count this thinking out. (Wildcard: Will the states try to get a jury trial? Most likely no, they’ll let a judge handle it. If I’m them, though, I’d try to put this in front of a jury. Juries tend to understand monopoly power in a more realistic way than judges faced with legions of economists.) Question: What if They Win? What if They Lose?

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Jul 15 • 4:48 PM EDT • Entertainment • entertainment.substack.com
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Fertitta clears key regulatory hurdle—but biggest Caesars tests remain

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China's Sinopec establishes four business units in major overhaul, officials say

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Jul 15 • 5:59 AM EDT • Business • reuters.com