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NY Attorney Letitia James praises federal judge’s ruling to pause entertainment industry merger

A FEDERAL JUDGE’S restraining order on Monday halts an $81 million Paramount/Warner Brothers Discovery merger.

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Jul 20 • 5:23 PM EDT • Entertainment • brooklyneagle.com
Arizona Snowbowl Invests in Forest Health & Mountain Enhancements for Winter 2026/27

Arizona Snowbowl is investing in forest health, snowmaking enhancements, and beginner terrain upgrades ahead of the 2026/27 season. Learn what's new and get your Season Pass.

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Jul 20 • 5:19 PM EDT • Health • snowbowl.ski
Paramount's WBD deal is on pause after judge orders merger delay

A judge issued a temporary restraining order stopping Paramount Skydance's acquisition of WBD after a lawsuit by California and 11 other states.

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Jul 20 • 1:13 PM EDT • Business • businessinsider.com
Yankees Birthday of the Day: Red Kleinow

Kleinow was among the earliest Highlanders backstops and witness to one of the game’s most famous pitches.

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Jul 20 • 11:30 AM EDT • Sports • sports.yahoo.com
Univ. of New Haven receives $10M gift to launch business college in Saudi Arabia

The University of New Haven has received a $10 million gift from an alumnus to help launch a new business college at its branch campus in Riyadh, Saudi Arabia, the […]

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Jul 20 • 11:25 AM EDT • Business • hartfordbusiness.com
AEW CEO Tony Khan: The Paramount deal for Warner Bros. Discovery would be great for my wrestling business

Why Tony Khan says this mega media merger would be a "huge opportunity" for AEW.

finance.yahoo.com logo
Jul 20 • 9:27 AM EDT • Business • finance.yahoo.com
The most iconic food that every state is known for

From Maine's famous lobster rolls to Tennessee's Nashville hot chicken, every state is known for an iconic dish.

businessinsider.com logo
Jul 20 • 9:23 AM EDT • Business • businessinsider.com
Rescued bald eagle may be internet-famous Jackie

Friends of Big Bear Valley is working with rescue organizations to monitor the situation.

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Jul 20 • 8:27 AM EDT • Science • popsci.com
Some dinosaurs could rise like giants until they grew too big

Two elephant-sized South American sauropods were unusually well built for standing on their hind legs. Digital tests showed that their robust femurs handled the enormous forces better than those of larger species, especially while the dinosaurs were young. The upright pose may have helped them reach treetops, frighten predators, or impress potential mates.

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Jul 20 • 8:00 AM EDT • Science • sciencedaily.com
MAGA media merger will gut entertainment

Larry and David Ellison's political ambitions will suck the joy out of TV and movies

salon.com logo
Jul 20 • 6:45 AM EDT • Entertainment • salon.com
Paramount/Warner Bros. merger will make media more MAGA

Larry and David Ellison's political ambitions will suck the joy out of TV and movies

yahoo.com logo
Jul 20 • 6:45 AM EDT • Entertainment • yahoo.com
The Race For Lieutenant Governor: A Coveted Political Stepping Stone

While the job itself doesn’t amount to much, it helped elevate four politicians who later became governors, and two others who eventually became U.S. senators.

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Jul 20 • 6:01 AM EDT • Politics • civilbeat.org
Jerry Zezima: In the swim

If Sports Illustrated ever does a male version of its famous swimsuit issue, I could be on the cover for two very good reasons: 1) I just got a stylish

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Jul 20 • 4:15 AM EDT • Entertainment • thederrick.com
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Keeping On the Move

Karen Lord set her eyes on the horizon from day one as the founder of her eponymous Pilates studio. Having started out in New York’s Meatpacking District

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Jul 20 • 3:01 AM EDT • Business • labusinessjournal.com
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BUSINESS MONDAY: Spotlight on Berkshire Mountain Distillers in Sheffield

After nearly two decades, the local business is expanding its scope with Two Lanterns Brewing Co., as well as more seating and culinary offerings.

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Jul 20 • 12:09 AM EDT • Business • theberkshireedge.com
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BUSINESS BRIEFS July 20, 2026: Business news in the Berkshires and beyond

Business news from The Clark, Great Barrington Public Theater, MountainOne Bank, Timberlyn Heights, and more

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Jul 20 • 12:01 AM EDT • Business • theberkshireedge.com
The Most Successful Movie Of The Year Is Dominating Peacock

The Odyssey, Spider-Man, The Avengers, no one can dethrone this film from the top of the mountain and now it's on Peacock.

yahoo.com logo
Jul 19 • 8:04 PM EDT • Entertainment • yahoo.com
Scientists used children’s ‘silly sprinklers’ to solve a physics problem Richard Feynman could not; the reverse version spins 50 times slower

If you’ve ever watched a “silly sprinkler” in action (those bright, looping contraptions that twist and spray water in wild patterns) you’ve probably just seen them as summer fun. But a group of mathematicians have turned these backyard toys into tools for solving a famous physics puzzle that stumped even Nobel Prize–winning physicist Richard Feynman.

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Jul 19 • 1:27 PM EDT • Science • timesofindia.indiatimes.com
Cliff Bleszinski Blames Ego And Alcohol For Boss Key’s Failure

Following a seizure this year, the former rock star of game development opens up about his infamous exit from the industry, taking responsibility for the studio’s inability to create a hit

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Jul 19 • 12:14 PM EDT • Technology • kotaku.com
Why Mega Mergers Like Paramount-Warner Bros Are Big Business for Big Law

A decision by the EU on the Paramount-WMD megadeal is expected this week. Mandates like Paramount’s bid for Warner Bros. are challenging and the reason that Brussels has the highest saturation rate of Global 200 firms present of any European city.

law.com logo
Jul 19 • 11:30 AM EDT • Business • law.com
The New York Times’s magazone on “How to be cultured” completely neglects science

I used to pride myself on being “cultured”—knowing not only science but a decent amount about literature, art, the other humanities, and so on (about classical music, however, I’m…

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Jul 19 • 11:20 AM EDT • Science • whyevolutionistrue.com
Mavericks match Knicks' offer sheet to restricted free agent C Moussa Cisse for 2-year, $4.7 million deal
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Jul 19 • 11:08 AM EDT • Sports • sports.yahoo.com
Competing for the crown: Rivers Casino wants to be the ‘entertainment capital of Hampton Roads’

More than just gambling, Rivers Casino in Portsmouth has restaurants and live touring acts, and aims to be the No. 1 option for entertainment in Hampton Roads.

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Jul 19 • 9:39 AM EDT • Entertainment • pilotonline.com
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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
Looking back at the World Cup: Fans drank Boston dry, got permanent tattoos, sold out famous BBQ joints, and drove up small business revenue

From permanent tattoos and drinking Boston dry, to a bar doing nearly 300% of weekly business in one night, the World Cup is helping small businesses.

fortune.com logo
Jul 19 • 8:30 AM EDT • Business • fortune.com
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'The Mighty Jungle.' Shakespeare at Mount Union has live '60s music

Shakespeare at the Castle will be fun and irreverent. Featuring live music from the '60s, the Mount Union shows will put a twist on \

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Jul 19 • 5:58 AM EDT • Entertainment • cantonrep.com
What everyone is saying about smaller teams in the age of AI

Jeff Bezos famously lived by a two-pizza rule. Thanks to AI, the days of such larger teams may be over.

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Jul 19 • 5:55 AM EDT • Business • businessinsider.com
Dana White Reacts to Dricus du Plessis Beating Kamaru Usman

UFC president Dana White shared his reaction after Dricus du Plessis defeated Kamaru Usman in the main event of UFC Oklahoma City. Du Plessis was the more effective striker through the 25 minutes that the UFC OKC main event lasted, as he took home a unanimous decision win with 50-45, 49-46, and 49-46 scorecards. It […] The post Dana White Reacts to Dricus du Plessis Beating Kamaru Usman appeared first on HEAVY.

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Jul 19 • 3:21 AM EDT • Sports • sports.yahoo.com
Mavs Block Knicks, Match Offer To Keep Promising Young Center

Dallas secured frontcourt depth by matching a $4.7 million offer sheet for Moussa Cissé, preventing the New York Knicks from poaching the defensive specialist after his standout rookie season.

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Jul 19 • 2:57 AM EDT • Sports • sports.yahoo.com
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Mavs match Knicks' two-year, $4.7M offer to Moussa Cisse

The Dallas Mavericks have matched the New York Knicks' two-year, $4.7 million offer sheet on restricted free agent Moussa Cisse, Yann Balikouzou and Kevin Bradbury of LIFT Sports Management tell ESPN.

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Jul 19 • 12:15 AM EDT • Sports • espn.com
Billy Strings' sold-out show gives Portsmouth businesses a record-breaking boost
yahoo.com logo
Jul 18 • 11:11 PM EDT • Business • yahoo.com
Rays' Ian Seymour: Short outing vs. Boston

Rays' Ian Seymour: Short outing vs. Boston

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Jul 18 • 9:29 PM EDT • Sports • cbssports.com
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Port-A-Pet back in business after anonymous donor steps in following crash

Port-A-Pet back in business after anonymous donor steps in following crash

fox8live.com logo
Jul 18 • 7:32 PM EDT • Business • fox8live.com
Port-A-Pet back in business after anonymous donor steps in following crash

Port-A-Pet back in business after anonymous donor steps in following crash

kltv.com logo
Jul 18 • 7:32 PM EDT • Business • kltv.com
Port-A-Pet back in business after anonymous donor steps in following crash

Port-A-Pet back in business after anonymous donor steps in following crash

wkyt.com logo
Jul 18 • 7:32 PM EDT • Business • wkyt.com
Port-A-Pet back in business after anonymous donor steps in following crash

Port-A-Pet back in business after anonymous donor steps in following crash

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Jul 18 • 7:32 PM EDT • Business • wfsb.com
Port-A-Pet back in business after anonymous donor steps in following crash

Port-A-Pet back in business after anonymous donor steps in following crash

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Jul 18 • 7:32 PM EDT • Business • wsmv.com
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Port-A-Pet back in business after anonymous donor steps in following crash

An anonymous donor has provided a replacement vehicle to Trevon Petty, owner of Port-A-Pet, a local pet transportation company that lost its only vehicle in a crash on July 9.

wkyt.com logo
Jul 18 • 4:16 PM EDT • Business • wkyt.com
How the ‘famously’ phoneless Christopher Nolan gets in touch with actors

Matt Damon is revealing how the ‘famously’ phoneless Christopher Nolan reached out to him about starring in ‘The Odyssey.’

ew.com logo
Jul 18 • 3:23 PM EDT • Entertainment • ew.com
Jim Parsons says he wouldn’t star on ‘The Big Bang Theory’ again ‘for any amount of money’

Despite the fame and accolades, ‘The Big Bang Theory’ star Jim Parsons says that the show’s cultural peak was ‘stressful’ and ‘miserable,’ admitting that he wouldn’t do it again ‘for any amount of money.’

ew.com logo
Jul 18 • 2:12 PM EDT • Entertainment • ew.com
Hyde Park, Mount Lookout businesses hit hard by Friday flash flooding

Several businesses in the Hyde Park and Mt. Lookout area are dealing with the damage from the flash flooding Friday night.

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Jul 18 • 2:06 PM EDT • Business • fox19.com
Free Fall 2.0 Puts The Front Office At A Crossroads

Too bad the crossroads seem to overlook a cliff on all sides, but which way do you want to go? This reminds me of a trip to Europe years ago in which Siri instructed, calmly, “turn left”. Only we were driving on a mountain road and for as long as the eye could see a […]

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Jul 18 • 1:29 PM EDT • Sports • sports.yahoo.com
How a science experiment to grow native plants on Copper’s slopes is inspiring collaboration in the ski industry

Katherine Riesberg, a graduate of Middle Park High School in Grand County, has been skiing since the age of two. Riesberg said her love for outdoor recreation is a big part of what led her...

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Jul 18 • 1:00 PM EDT • Science • aspentimes.com
Multiple Hyde Park, Mount Lookout businesses closed amid flooding cleanup from heavy rain

Multiple businesses, especially in Hyde Park and Mount Lookout, are closed after massive flooding from heavy downpours Friday.

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Jul 18 • 12:37 PM EDT • Business • wcpo.com
How a science experiment to grow native plants on Copper’s slopes is inspiring collaboration in the ski industry

Katherine Riesberg, a graduate of Middle Park High School in Grand County, has been skiing since the age of two. Riesberg said her love for outdoor recreation is a big part of what led her...

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Jul 18 • 11:00 AM EDT • Science • postindependent.com
Cristopher Sanchez: MVP

There were actually a decent amount of candidates

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Jul 18 • 11:00 AM EDT • Sports • sports.yahoo.com
Philippine Science Department Expands Academic Partnerships to Push EV Adoption

Support CleanTechnica's work through a Substack subscription, on Patreon, or on Stripe. Help us produce all of the high-quality, original content we publish week after week despite the challenges of content-scraping AI, antisocial media, inflation, and other hurdles. The Department of Science and Technology (DOST) is mounting a coordinated push ... [continued]

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Jul 18 • 10:50 AM EDT • Science • cleantechnica.com
Spidery Drone Goes Near-invisible By Spinning Really, Really Fast

Researchers demonstrate that something interesting happens when a small drone with a spindly airframe spins at a high speed: it very nearly turns invisible. The spidery device is shown mounted in i…

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Jul 18 • 7:00 AM EDT • Technology • hackaday.com
This is how Tennessee is courting Paramount and other companies to leave California

Tennessee is hoping to persuade Paramount to exit California and join the growing number of businesses choosing the Volunteer State over California

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Jul 18 • 6:00 AM EDT • Business • latimes.com
Warren Buffett's message to investors: Be careful

Warren Buffett called out widespread gambling on stocks and the huge amounts being spent on AI. He also discussed his Alphabet wager.

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Jul 18 • 5:14 AM EDT • Business • businessinsider.com
First look at Priyanka Chopra Jonas in ‘RRR’ director SS Rajamouli’s ‘Varanasi’ (exclusive)

See an exclusive first look at Priyanka Chopra Jonas’ character, Mandakini, in the new film from ‘RRR’ director SS Rajamouli.

ew.com logo
Jul 17 • 9:00 PM EDT • Entertainment • ew.com
Costco adds hot fan favorite to food court menu as shoppers debate taste and value

Costco is expanding its famously affordable food court menu with a new $6.99 chicken strip meal and the addition has already divided shoppers over its flavor, breading and value.

foxbusiness.com logo
Jul 17 • 6:28 PM EDT • Business • foxbusiness.com
How a science experiment to grow native plants on Copper’s slopes is inspiring collaboration in the ski industry

Katherine Riesberg, a graduate of Middle Park High School in Grand County, has been skiing since the age of two. Riesberg said her love for outdoor recreation is a big part of what led her...

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Jul 17 • 5:33 PM EDT • Science • steamboatpilot.com
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New wp2shell WordPress Core Flaw Lets Unauthenticated Attackers Run Code

WordPress 6.9.5 and 7.0.2 patch wp2shell, a pre-auth core RCE that lets anonymous attackers run code on default installs, even with no plugins.

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Jul 17 • 5:20 PM EDT • Technology • thehackernews.com
WV Department of Health confirms 139 cyclosporiasis cases; 15 hospitalizations

As West Virginia sits at the national epicenter of cyclosporiasis cases, the State Department of Health (WVDH) has provided updated numbers on how the parasite has spread across the Mountain State.

wboy.com logo
Jul 17 • 4:17 PM EDT • Health • wboy.com
As AI spending surges, return-on-investment questions mount

The rapid expansion of artificial intelligence is creating major opportunities while also exposing companies to significant financial risks, The New York Times reports. Larry Ellison and his son are using Oracle-generated wealth to expand into media, with control of Paramount and a potential takeover bid for Warner Bros. Discovery. Meanwhile, Oracle is facing financial pressure […]

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Jul 17 • 3:28 PM EDT • Business • businessreport.com
Young millionaire reveals the wealth-building lessons he learned from billionaires

The young entrepreneur behind 'School of Hard Knocks' shares his strategy for turning a content creator business into multiple revenue streams.

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Jul 17 • 2:40 PM EDT • Business • foxbusiness.com
MWC Media Days: Day 2 Recap

Mountain West Media Days concluded yesterday and the event gave us the chance to familiarize ourselves with the new faces in the conference. It also gives us the opportunity to set our expectations for this fall, despite the league not releasing a preseason poll. Yesterday, Jeremy gave us an excellent rundown of the opening day […]

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Jul 17 • 10:00 AM EDT • Sports • sports.yahoo.com
Mountaintop View 7-17-26: College Sports Act, Boise State Football, Mountain West Bowls, Media Days, Colorado State Football, Gonzaga Basketball

A loaded news day as we head into the weekend

sports.yahoo.com logo
Jul 17 • 9:00 AM EDT • Sports • sports.yahoo.com
Scientists Finally Learned How a Tiny Mouse Survives Near the Andes Death Zone at 7,000 Meters

World's highest-living mouse survives in thin air by solving a problem that no other mammal can—not even you, human

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Jul 17 • 8:21 AM EDT • Science • zmescience.com
Chemistry From Another World Found in The Famous Hillsborough Meteorite

This could be a clue to how life was born.

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Jul 17 • 6:00 AM EDT • Science • sciencealert.com
Alabama state health officer receives 7% raise

The raise, a 5% performance-based raise and a 2% cost-of-living adjustment, amounts to an increase of about $16,800, for a total salary of $352,800.

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Jul 17 • 5:57 AM EDT • Health • alabamareflector.com
Mourners remember George E. Johnson as builder of Black business

At his visitation service Thursday, mourners said the Johnson Products Company founder "created a demand for the city and the country to recognize that Black people are consumers." His funeral is scheduled for Friday.

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Jul 16 • 9:28 PM EDT • Business • chicago.suntimes.com
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Google workers rally for job security at Mountain View HQ

Google workers, led by Alphabet Workers Union, held a protest calling for layoff protections and urging CEO Sundar Pichai to address job security.

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Jul 16 • 8:35 PM EDT • Business • businessinsider.com
New Alzheimer's drug repairs DNA damage and reduces brain inflammation

A drug originally developed for spinal cord injury may offer a fresh approach to treating Alzheimer’s disease. In mouse studies, KCL-286 repaired dangerous DNA damage, reduced inflammation, and targeted multiple disease-related pathways instead of focusing on just amyloid or tau. Since it has already cleared an initial human safety trial, researchers believe it could move more quickly into Alzheimer’s clinical testing.

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Jul 16 • 8:00 PM EDT • Science • sciencedaily.com
Op-Ed: The Forgotten Key to Wildlife Management: Values

Science alone won’t get the politics out of wildlife management. We shouldn’t want it to.

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Jul 16 • 5:43 PM EDT • Science • mountainjournal.org
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The ‘high-T military’ proposal misreads the basic science of testosterone

For starters, there is no single “right” amount of testosterone.

ms.now logo
Jul 16 • 5:16 PM EDT • Science • ms.now
Medtronic recalls surgical devices due to risk of blood contamination

Trace amounts of blood were identified within the sealed packaging of these devices. No patients were exposed to the foreign material, and no adverse events were reported, but Medtronic is recalling the devices as a precaution.

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Jul 16 • 4:43 PM EDT • Business • cardiovascularbusiness.com
A&E Arts & Entertainment Agenda, July 17-23

Marea’s Mahj Squad and Marea Aspen Mahjong Social Saturdays, July 18 Marea at The Snow Lodge will host Mahj Squad alongside Marea Aspen Mahjong Social Saturdays from 3 to 5 p.m., followed by a social...

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Jul 16 • 1:03 PM EDT • Entertainment • aspentimes.com
Trump immediately fires the new court-appointed top prosecutor in Seattle

President Donald Trump fired the new top U.S. prosecutor in Seattle on Wednesday less than an hour after the attorney was unanimously appointed by the federal judges in the district, highlighting tensions between the courts and the president over the powerful positions.

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Jul 16 • 12:43 PM EDT • Politics • pbs.org
As fires burn, Boundary Waters businesses confront lost peak season

After days spent evacuating campers from the Boundary Waters as wildfires spread, outfitters and tourism businesses are beginning to consider the financial fallout. With the wilderness closed during the height of the summer season, many are facing mounting cancellations and an uncertain future.

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Jul 16 • 8:57 AM EDT • Business • mprnews.org
San Util Design gears up for move to Washington, announces business model changes

This article ran in the June issue of Bicycle Retailer & Industry NewsWINTER PARK, Colo. — San Util Design, a company that handcrafts bags and gear for backcountry travel, bikepacking, and mountain biking, is moving operations from Colorado to Bellingham, Washington. The move, which was planned for the end of June, coincides with changes to San Util’s business model.

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Jul 16 • 8:00 AM EDT • Business • bicycleretailer.com
Winter Sports Club responds to Nordic combined’s removal from Olympics

In a gut-punch to the Steamboat Springs Nordic combined community, the sport has been removed from the Alpes 2030 Winter Olympic games in France. Nordic combined has long been a bread-and-butter sport for the Steamboat...

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Jul 16 • 7:06 AM EDT • Sports • steamboatpilot.com
Pulsar Crams A Noctua Fan In Its Feinmann FO1 Gaming Mouse While Retaining Its Lightweight Design; Release Date Revealed

Pulsar's Feinmann F01 Noctua Edition launches on July 21, 2026, featuring a 5V PWM fan, 42,000 DPI, and weighing 73 grams for sweat-free gaming.

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Jul 16 • 6:45 AM EDT • Technology • wccftech.com
Our friend Marvin has curated a rigorous entertainment program

Music for the People has become synonymous with Humboldt Folklife Society (HFS). The word “folk” comes from Germanic roots and simply means “of the people.” That certainly defines HFS and its mission as a showcase of local musicians in a community driven display of traditional and roots music for all of us to enjoy.

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Jul 16 • 6:00 AM EDT • Entertainment • madriverunion.com
Waste, fraud, abuse… and the politics of power

One of the oldest tricks in politics is knowing when to use a number and when to use a percentage. If you want something to sound enormous, you use the raw number. If you want it to sound insignificant, you use the percentage. Politicians, statisticians and public relations strategists know this. Every citizen should understand […]

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Jul 16 • 5:59 AM EDT • Politics • tennesseelookout.com
Trump's Iran notice aims to reset war powers clock amid growing political risks

The Trump administration's notification to restart the war with Iran aims to reset a 60-day clock for military action, but questions are mounting about public support as midterms approach.

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Jul 16 • 4:43 AM EDT • Politics • npr.org
High-Signal Publisher
Buffalo Bills quarterback is considered 'greatest of his generation'

Three names are locked into the Bills QB Mount Rushmore: Jim Kelly, Josh Allen and Joe Ferguson. This Bills backup should be the fourth.

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Jul 16 • 3:00 AM EDT • Sports • sports.yahoo.com
Colorado’s primary proved in this political climate money doesn’t buy electoral happiness

To catch you up, campaign committees from this 2026 election cycle already collected and shoveled out a lot of cash: $102.64 million. That’s contributions in all forms — dollars, in kind, loans, etc. — from December 2024 to now. Total expenditures just for advertising amount to $32.94 million. More to come for the general election. […]

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Jul 16 • 3:00 AM EDT • Politics • coloradopolitics.com
Chico City Council moves forward with proposed entertainment zones ordinance

Seeking to revitalize local businesses, the Chico City Council voted unanimously to approve the first reading of a proposed ordinance establishing two entertain

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Jul 15 • 10:04 PM EDT • Entertainment • krcrtv.com
Uber Announces Acquisition Offer for Delivery Hero

Cash consideration of €41.50 per share offered to all Delivery Hero shareholders, representing an Equity Value of $14.8 billion, or $13.7 billion adjusted for Uber’s prior stake purchases The transaction is expected to be accretive to Non-GAAP EPS upon close; high-single-digit percentage accretion by year three Delivery Hero has separately agreed to sell part of its business covering 14 markets to SSW Partners Management Board and Supervisory Board of Delivery Hero unanimously welcome and support the Takeover Offer and intend to recommend Delivery Hero shareholders to tender into the offer, subject to their review of the Offer Document Prosus has irrevocably committed to tender their shares, which would bring Uber’s total economic interest to ~53% Uber Technologies, Inc. (NYSE: UBER) has entered into a business combination agreement with Delivery Hero, extending the world’s largest mobility and delivery platform to a total of 99 markets, with combined pro-forma Gross Bookings of $236

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Jul 15 • 8:00 PM EDT • Business • investor.uber.com
Trump administration 'screwed up' Epstein files communication, Vance says

During a lengthy podcast interview with Joe Rogan released Wednesday, Vice President JD Vance pointed largely to former Attorney General Pam Bondi, who infamously stated that an alleged “client list” of Epstein’s was “sitting on my desk right now.”

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Jul 15 • 5:21 PM EDT • Politics • pbs.org
Science-based testing powers better health at Plus10 - Cross Timbers Gazette | Southern Denton County | Flower Mound

Flower Mound resident Yves Lafortune has competed in his fair share of Ironman events, 100-mile runs, and national-level triathlons over the years. And if you ask him if he plans to do more, he wouldn’t hesitate to say yes. Clearly, the challenge isn’t finding the passion or commitment to keep going. As a lifelong athlete, […]

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Jul 15 • 4:51 PM EDT • Science • crosstimbersgazette.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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