Dem Tea Party Fears, London’s $615M Art Boom, A Hollywood Health
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Welcome back to The Daily Courant, your afternoon guide to Puck’s best new reporting. Here’s what you need to
know… and stick around for the latest industry chatter surrounding the NBC divorce.
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- In the Room: The Comcast–NBCUniversal breakup is raising a familiar, possibly existential question for NBC News: Who really wants to own a TV news operation in an era of declining profits and rising political risks? Dylan Byers assesses the chatter surrounding a private equity intervention.
[Inner Circle Exclusive]
- The Best & The Brightest: In Colorado on Tuesday, 17-year Sen. Michael Bennet lost his Democratic primary for governor by 10 points, while D.S.A.-backed Melat
Kiros toppled 15-term Rep. Diana DeGette in Denver. Peter Hamby gut-checks the “socialist takeover” narrative—and what the outcomes actually signal about the appetites of the Democratic base. [Read More]
- Line
Sheet: What’s next for Fenty after a possible split with LVMH? Should L’Oréal take a stake in Armani? Which companies are on Estée Lauder’s M&A shortlist? Rachel Strugatz answers your burning beauty-industry reader questions heading into the second half of the year. [Read More]
- Wall Power: Thanks to Sotheby’s $412 million sale of the Joe Lewis collection, the house pulled in 92 percent of the total auction revenue generated in last week’s surprisingly frothy London sales. Marion Maneker crunches the numbers behind the U.K. boomlet.
[Inner Circle Exclusive]
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- The Town: Matt Belloni and Steve Buck, the chief strategy officer at EntTelligence, break down the subtle, surprising trends behind a resurgent Hollywood box office. [Listen Here]
- The Powers That Be: Peter rings up Julia Ioffe to discuss J.D. Vance’s remarkably pointed criticism of Israel as the U.S. struggles to close its ceasefire deal with Iran. [Listen Here or
Watch Here]
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And now, a little more on the anxiety inside NBC News…
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At a Kennedy Center afterparty on Sunday night, Netflix C.E.O. Ted Sarandos was asked
whether the streamer would ever get into TV news. According to a guest who was present, he “firmly slammed the door” on the possibility, citing “the problems it can cause with global governments who are unhappy with the coverage.” The very next morning, Comcast C.E.O. Brian Roberts announced plans to split up Comcast and NBCU—unleashing a torrent of industry chatter that Netflix might make a play for the soon-to-be-spun-off media assets. Among 30 Rock insiders, however, the news
raised a pressing question: What would happen to NBC News?
After all, as Dylan reports, Universal’s film and television studio, the sports rights, and the theme parks all have obvious strategic value to a range of potential acquirers. But while NBC News throws off relatively modest profits, it’s also weighted down by an expensive newsgathering operation and political risks that few seem eager to assume. Perhaps, some media executives told Dylan, NBC’s TV and streaming assets will
eventually fall to private equity, which would break it up and sell the pieces. For NBC News talent who stayed on the NBCU side of the Versant split, the writing on the wall is getting harder and harder to ignore…
Click here to read Dylan’s full story.
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| Peter Hamby
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Michael Bennet, Diana DeGette, and the Democratic old guard all learned the same painful lesson on Tuesday: Voters want fighters, and
they’re ready to punish any incumbent exhibiting a whiff of complacency.
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| Rachel Strugatz
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As we near the halfway point of 2026, Rachel Strugatz answers readers’ burning questions about Rihanna’s next move, the Armani ownership
sweepstakes, Estée Lauder’s M&A appetite, and more.
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| Marion Maneker
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Sotheby’s parlayed its blockbuster Joe Lewis collection into an unlikely June success—a London auction that defied expectations and
further amplified the heat on a slowly rising market.
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| Matthew Belloni
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Matt is joined by Steve Buck, chief strategy officer at EntTelligence, to discuss how many people are actually going to the movies and
clarify the difference between admission versus box office. Steve reveals whether rising box office grosses are matched by actual attendance, whether ticket price increases and premium large-format screens are actually juicing box office totals, the demos and genres that are overindexing, and some surprising political affiliations of moviegoers.
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| Peter Hamby
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| Julia Ioffe
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Julia Ioffe joins Peter with fresh reporting on J.D. Vance’s increasingly pointed criticism of Israel as the U.S. works through its
ceasefire deal with Iran, explaining how Vance is playing to a nationalist populist base that’s grown deeply skeptical of American involvement in Middle Eastern conflicts.
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