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

First up today, Matt Belloni measures the blast radius from the Jimmy Kimmel saga, assessing the winners, losers, and survivors of the biggest political-media feud in recent Hollywood history. Can Bob Iger breathe a sigh of relief after Kimmel’s pitch-perfect monologue? Will Brendan Carr emerge chastened or emboldened? And is Trump’s war on the media… actually working?

Plus, below the fold: Julia Ioffe unearths the State Department anxieties over Trump’s mass deportation agenda. Matt reveals how David Ellison is laying the groundwork for a WBD acquisition. Ian Krietzberg hears the bull case for Sam Altman’s cash-incinerating OpenAI. John Ourand previews the jockeying for the NFL’s next media rights bonanza. And for Inner Circle members, Lauren Sherman explores what the Times’s investigation of billionaire investor Amy Griffin could mean for her V.C. empire.

Meanwhile, on the pods: Dylan Byers and Julia Alexander huddle up on The Grill Room to assess how Trumpworld might target independent creators. On Fashion People, Lauren chats with industry insiders about the resale boom. And on The Powers That Be, Peter Hamby rings up Bill Cohan to discuss whether Intel’s Trump bump is real or dramatically overhyped.

Assessing the winners, losers, and survivors of the biggest political-media feud in recent Hollywood history.

As Trump bends more of the federal government to focus on expelling migrants, the bleeding-heart foreign service officers of the State Department are finding themselves pulled into a project they never signed up for: deport, deport, deport.

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Paramount’s new boss would still release about 15 Warner Bros. movies per year if he acquires its parent company as a key Trump advisor joins to help grease a potentially loud transaction.

Sam Altman’s company, which is valued at half a trillion dollars, will earn around $13 billion in revenue this year and likely burn through $100 billion by the end of the decade. Here’s why that makes sense, at least according to Global X’s Tejas Dessai.

The league and its broadcast partners are weighing early renegotiations of their billion-dollar media deals, with a possible 18th game and new streaming packages on the table.

The socialite-turned-venture capitalist is facing a reputational stress test after the Times dissected the allegations at the heart of her memoir. Will she be cast out of the in-crowd right when the industry increasingly needs more risk-averse investors?

Julia Alexander and Dylan Byers dive into the week’s media maelstrom, courtesy of the Disney-Kimmel-F.C.C.-Trump kerfuffle. They explore the paradox of an administration trying to strong-arm broadcast TV—which is on its way out—and speculate on how Trump & Co. might attempt to flex on independent creators on YouTube, TikTok, and other platforms. They also weigh the stakes for Disney and Bob Iger’s enduring legacy.

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Rovo is powered by Atlassian and included in Jira, Confluence, or Jira Service Management Enterprise or Premium Cloud subscriptions.

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In a special live taping at WSA, Lauren is joined by The RealReal’s Kristen Naiman, Marisa Meltzer, Erika Veurink, and Puck’s very own Sarah Shapiro for a spirited chat on fashion’s resale boom. The group weighs in on the enduring power of vintage, the role of resale in maintaining brand value, how the secondhand market is reshaping both closets and balance sheets, and much more.

Bill Cohan joins Peter to puzzle over why billionaire C.E.O.s keep genuflecting to Donald Trump, even though he’s in his final term with abysmally low approval ratings. Then they dig into Intel’s stock surge after Trump funneled government money its way, and consider whether the stock pop is real or dramatically overhyped.

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