Welcome back to The Daily Courant, your afternoon medley of Puck’s best new reporting.

First up today, Kim Masters chats with entertainment insiders about the latest twists in the Justin Baldoni–Blake Lively legal/P.R. saga, after leaked texts and emails revealed Lively’s husband, Ryan Reynolds, went scorched-earth on his wife’s behalf, raging at Sony executives and attempting to get Ari Emanuel to intervene. Did the behind-the-scenes rampage do more harm than good? And, perhaps more intriguingly, what does it reveal about the ways an A-list star can (and can’t) throw their weight around in Hollywood these days?

Plus, below the fold: John Ourand and Dylan Byers report on the mass layoffs coming to The Washington Post, which might completely decimate the sports desk. Lauren Sherman sends a dispatch from Paris chronicling Jonathan Anderson’s Couture debut, Véronique Nichanian’s Hermès swan song, and much more. And Abby Livingston offers an inside look at Virginia Gov. Abigail Spanberger’s polarizing early days in office.

Meanwhile, on the pods: Matt Belloni is joined by Cinetic C.E.O. John Sloss on The Town to discuss the evolution of the Sundance Film Festival. On The Grill Room, Dylan asks Food52 C.E.O. Erika Ayers Badan how the onetime $300 million company is navigating bankruptcy. On Fashion People, Lauren and How Long Gone’s Chris Black unpack the men’s shows in Milan and Paris. And on The Powers That Be, Peter Hamby and Julia Ioffe consider the tragic killing of Alex Pretti and why Trump’s deportation push is now facing blowback from his own party.

HOLLYWOOD

The Deadpool actor takes a star turn in the latest batch of emails made public by the legal/P.R. war between his wife and Justin Baldoni—providing an incredibly rare view into the ways an A-list star (who’s also a very ticked-off husband) can and cannot wield his power.

SPORTS

The Washington Post cuts, which could affect as many as 300 employees, according to sources, are the culmination of a two-year effort by C.E.O. Will Lewis to fundamentally transform the paper and reverse hundreds of millions in annual losses. In that effort, Lewis has decided to focus the Post’s editorial investment on a few core coverage areas—national security, politics, etcetera—and not sports.

FASHION

An opening dispatch from Paris couture week: Jonathan Anderson’s Couture debut, Véronique Nichanian’s final Hermès show, Celine’s advantage in the New-New Luxury race, and more.

FASHION

News and notes on the brands cautiously returning to Saks Global as it restructures, and the mounting financial and legal troubles at Marchesa.

WASHINGTON

Critics complain that Abigail Spanberger’s first moves as governor of Virginia contradict her centrist campaign message. Her supporters contend she’s merely fighting fire with fire. Now, as the commonwealth heads toward redistricting, the question is: How far will she go?

HOLLYWOOD

Live from the last Sundance Film Festival in Park City, Matt is joined by John Sloss, founder and C.E.O. of Cinetic Media, to discuss how the Sundance experience has changed over the past 40 years, how the market has changed in just the past three years, who the hungriest buyers are, young filmmakers’ opinions on streaming versus theatrical, and how Harvey Weinstein changed the awards film genre.

MEDIA

Former Barstool Sports C.E.O. and current Food52 chief executive Erika Ayers Badan joins Dylan to reflect on navigating bankruptcy at Food52, a onetime $300 million company that ultimately collapsed under roughly $25 million in debt. She breaks down what went wrong, the dangers of undisciplined growth, and why diversified revenue streams matter now more than ever. She also discusses what kind of buyers might be circling, what industry peers can learn from Food52’s downturn, her take on the state of media writ large—and much more.

FASHION

How Long Gone’s Chris Black is back to discuss the men’s shows in Milan and Paris—Ralph Lauren, Celine, and more—plus Jonathan Anderson’s first Couture show for Dior, why everyone they know is taking peptides and smoking cigarettes, Kanye’s Wall Street Journal ad, Juergen Teller overkill, and plenty more.

WASHINGTON

Julia Ioffe joins Peter to discuss the tragic killing of Alex Pretti in Minneapolis, the growing shift in American public opinion against ICE, and why even Republicans are beginning to push back on Trump’s deportation war. She also breaks down Trump’s Greenland gambit—what he stood to gain, and what it means after he claimed victory in Davos by touting a new U.S. deal granting access to the Arctic territory.

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