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 more on late-night TV’s post-Colbert audience sweepstakes.

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“The show’s bet on combining veterans with yachting rookies pays off”

Vulture

This season on Below Deck Down Under, Capt. Jason and his dream crew set sail in the Caribbean’s most exclusive and private hideaway, Canouan. Only accessible by charter plane, this untouched enclave is the ultra-luxurious destination for billionaires with pristine white-sand beaches and sparkling turquoise waters. This season the crew welcomes aboard some of the most demanding guests in “Below Deck” history, including in a franchise-first, a charter with the full cast from “The Real Housewives of Salt Lake City.”

For Your Emmy Consideration in all eligible categories including "Outstanding Unstructured Reality Program."

Episodes of BELOW DECK DOWN UNDER are available now on Bravo and Peacock. Or catch up on the series at BRAVOFYC.com

Meanwhile, on the pods…

And now, a little more on what’s happening with late night…

HOLLYWOOD

Something interesting is happening in late night. When CBS unceremoniously canceled Stephen Colbert’s top-rated show, many wondered where his audience would go next—or if they’d just disappear entirely. Now, it appears we have an answer. As Matt reports, they seem to be migrating to… fellow Trump target Jimmy Kimmel. The sample size is small and probably skewed by a run of NBA Finals lead-ins, but on June 1, when there was no sports cushion, Kimmel beat out Jimmy Fallon 2.2 million viewers to 1.3 million—the widest gap all year.

The shift supports Kimmel’s own argument that late night isn’t dying so much as dying slowly, and that it pays to be polarizing in the post-monoculture era. Colbert became the champ by leaning left; now, Kimmel is running the same game, leveraging his feud with Trump and F.C.C. chair Brendan Carr while generating enormous numbers on YouTube. If Jon Stewart eventually exits his second tenure at The Daily Show, Kimmel could hoover up even more viewers on the left, and ride out the genre’s sunset years at the front of the pack.

Click here to read Matt’s full story.

WASHINGTON

Barak Ravid has become one of D.C.’s most well-wired reporters during the Iran war, leveraging a direct line to the White House into endless scoops about the negotiations between Washington and Tehran. But what happens when your best source is an unreliable narrator?

SPORTS

As the NFL continues to draw congressional heat, it’s growing increasingly tired with Rupert Murdoch for instigating the fuss. With the league’s coveted antitrust exemption theoretically in the crosshairs, might Fox have bitten the hand that feeds it?

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Hosted by Ariana Madix, LOVE ISLAND USA is a real-time dating competition featuring a group of sexy singles living in a tropical villa who must try to win the $100K prize by coupling up.

LOVE ISLAND USA is streaming now on Peacock.

FASHION

Frédéric Arnault, beloved son and École Polytechnique graduate, is using his perch as C.E.O. of Loro Piana to implement a key strategic change that’s been years in the making, and could secure the brand’s position in the top three of LVMH’s fashion and leather goods division.

A.I.

Of all the altruistic promises of A.I., none has been as tantalizing to frontier labs as curing disease. The Allen Institute has now launched an ambitious tech-fueled initiative, with $400 million and dozens of high-powered partnerships, to attack the most tantalizing target of all: brain disease.

HOLLYWOOD

Matt is joined by film producer Mynette Louie, a co-head of creative producing and assistant professor at Columbia University, to explain how the money is distributed when an indie film is a big hit. They use Curry Barker’s Obsession as an example to discuss how the financial waterfall flows, who profits the most and the least, and the state of indie film distribution.

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