Welcome back to The Daily Courant, your afternoon compendium of Puck’s latest reporting.

First up today, Dylan Byers rifles through his overflowing inbox to address pressing reader questions concerning several insider media dramas: How might Fox transform in the post-Rupert era? Is there any chance CNN can reclaim its past glory? What will become of TNT, TBS, etcetera after WBD spins off its growth assets? And how do you actually pronounce Versant?

Plus, below the fold: Leigh Ann Caldwell foreshadows how the Big Beautiful Bill could shape the political battlefield in next year’s midterms. Marion Maneker profiles a new art advisory supergroup designed to bypass the auction houses. Julie Davich surveys the standout lots at this week’s Old Masters sales in London. And Sarah Shapiro examines Clare Vivier’s methodical, neighborhood-centric approach to retail expansion.

Meanwhile, on the pods: John Ourand invites tennis sage Jon Wertheim on The Varsity to explore the sport’s cultural resurgence and the rising interest from Saudi investors. On Impolitic, John Heilemann huddles up with Sen. Angus King and Rep. Jason Crow to assess the fallout from the Trump administration’s Iran strikes. And on The Powers That Be, Julia Alexander and Jon Kelly handicap the American Vogue succession race—and assess Netflix’s new partnership with French broadcaster TF1.

MEDIA

A special inaugural summer mailbag, featuring your most pressing questions about the future of cable news, TNT, Mark Thompson, Erin Burnett, and Anderson Cooper. Plus the non-return of Jeff Zucker and a Versant pronunciation guide.

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WASHINGTON

As Trump’s self-imposed July Fourth deadline approaches and the horse-trading continues, Republicans are starting to worry about the political ramifications of slashing Medicaid and running up the national debt as they rush to get the Big Beautiful Bill across the finish line—regardless of whether they support everything that’s in it.

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ART

As more and more art changes hands privately, a group of top advisors are forming a collective to help manage the global demands of larger collections. And they’re all keeping their day jobs.

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ART

London is gearing up for a week of spectacular Old Masters and unusual antique sales, as the market digests a new anti-trafficking rule—provenance matters now more than ever—and strives for new heights.

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FASHION

Clare Vivier, the founder of Clare V., explains her commitment to Silverlake before it was cool, and her thoughtful, neighborhood-centric, very personal retail expansion. The inevitable question: Can the brand scale?

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SPORTS

Sports Illustrated’s Jon Wertheim—America’s preeminent tennis sage—joins the pod to explore the sport’s cultural resurgence, driven in large part by breakout stars like Coco Gauff, Carlos Alcaraz, and Jannick Sinner. Jon makes a strong case for unifying the men’s and women’s tours, weighs in on tennis’s global business dilemma, touches on growing interest from Saudi investors—and much, much more.

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WASHINGTON

John welcomes independent Senator Angus King of Maine and Democratic Congressman Jason Crow of Colorado to discuss the strategic and political fallout from America’s bombing of Iran. In back-to-back conversations, King and Crow contend that the U.S. air strikes have led to more questions than answers; raise red flags concerning the Trump administration’s politicization of intelligence; and critique the privileged sharing of classified material on matters of war and peace with Congress.

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MEDIA

Jon Kelly joins guest host Julia Alexander to unpack Anna Wintour’s long-anticipated but still seismic decision to scale back her day-to-day role at American Vogue. The duo handicap the succession race and dissect Condé’s broader pivot to leaner, more profitable operations. Then they dig into Netflix’s new partnership with French broadcaster TF1—and what it signals for the world’s top streamer, and modern media companies in general.

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