Sun Valley Fashion, Diamond in the Rough, Biden’s Presser Pressure

Happy Friday and welcome back to The Daily Courant, your afternoon digest of Puck’s latest reporting.

First up today, Lauren Sherman chronicles Condé Nast’s latest moves, entanglements, and disentanglements in China and the Middle East—from GQ and Vogue’s licensing headches to the Condé-Nerova split—as C.E.O. Roger Lynch attempts to fully integrate foreign properties into the mothership.

Plus, below the fold: Matthew Belloni reveals David Ellison’s inner monologue during the Paramount deal review process. Tara Palmeri drops a mic into the Biden campaign bunker. John Ourand uncovers Dimond Sports’ pre-bankruptcy hearing recalculation. On Somebody’s Gotta Win, Tara and Abby Livingston huddle up to grade the Biden presser. On Fashion People, Dylan Byers rings up Lauren from the wilds of Sun Valley to discuss the sartorial trends among the Allen & Co. elite. And on The Powers That Be, Bill Cohan joins Peter Hamby to consider the freshest revelations surrounding the impending Paramount-Skydance merger.

LAUREN SHERMAN

Discerning Condé Nast’s latest moves, entanglements, and disentanglements in the Middle East and China.

MATTHEW BELLONI

Skydance’s leader told me he’ll be involved in the decisions at Paramount Global during the deal-review process “within all the regulatory bounds we have,” and that he’ll maintain “the appropriate seat at the tables.” But what does that actually mean in practice?

TARA PALMERI

News and notes from inside the campaign bunker. Plus, the latest on Trump’s V.P. calculus.

JOHN OURAND

News and notes on the Diamond Sports crying rooms.