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The Daily Courant

Sen. Banks Talks Tariffs, Mubi’s $1B Moment, A Chanel Heir’s Big Bet

Happy Friday and welcome back to The Daily Courant, your afternoon compendium of Puck’s sharpest reporting. First up today, Matt Belloni games out the long-tail value of Sinners, Warner Bros.’ vampire blockbuster, when the rights revert back to director Ryan Coogler in 25 years. The arrangement has caused a fair amount of hand-wringing in Hollywood C-suites, but as Matt explains, it’s not entirely unprecedented… and the math is way more complicated than it looks. Plus, below the fold: Leigh Ann Caldwell shares her D.C. Power Breakfast chat with Indiana Senator Jim Banks, at the Waldorf, about how the G.O.P. can avoid the pitfalls of Trump’s first term. Matt scoops the indie film distributor Mubi’s potential $1 billion valuation. And exclusively for Inner Circle members, Lauren Sherman reveals the surprising new money in the Paris-based activewear brand Satisfy. Meanwhile, on the pods: Dylan Byers welcomes former WSJ editor-in-chief Gerard Baker on The Grill Room to explore the paper’s critical stance toward Trump’s economic and foreign policies. On Impolitic, John Heilemann is joined by The Atlantic’s Ashley Parker and Michael Scherer to assess how Trump’s mindset has shifted between terms. On Fashion People, Lauren connects with preeminent fashion investor Andrew Rosen to discuss the tangled state of American retail. And on The Powers That Be, Peter Hamby and Eriq Gardner chew over Trump’s growing obsession with sports regulation.
HOLLYWOOD
Matthew Belloni Matthew Belloni

What ‘Sinners’ Will Be Worth in 25 Years

Estimating a film’s value in 2050, which is when ownership of the Warner Bros. historical vampire movie reverts to director Ryan Coogler, is both calculable and completely unknowable. And as the 28 Days zombie franchise shows, the unusual arrangement is not without precedent. Read Now
WASHINGTON
Leigh Ann Caldwell Leigh Ann Caldwell
The Banks Job

The Banks Job

Just before President Donald Trump announced a new trade agreement with the U.K., Leigh Ann sat down with Indiana freshman Senator Jim Banks for a candid chat about tariffs, midterms, and not repeating the G.O.P.’s 2017 mistakes. Read Now
HOLLYWOOD
Matthew Belloni Matthew Belloni
‘The Substance’ Studio Eyes $1 Billion Valuation

‘The Substance’ Studio Eyes $1 Billion Valuation

The art house streaming service and film distributor Mubi is raising $100 million from a consortium led by Sequoia Capital. The financing round will value the company at more than $1 billion—not bad for a niche streamer launched with the mission of connecting cinephiles to classic and auteur-driven films. Read Now
FASHION
Lauren Sherman Lauren Sherman
A Chanel Heir’s Mini Nike Play
Inner Circle Exclusive

A Chanel Heir’s Mini Nike Play

David Wertheimer, a 38-year-old heir to the Chanel fortune and founder of 1686 Partners, is the surprising new money in Paris-based activewear brand Satisfy. Read Now
MEDIA
Dylan Byers Dylan Byers
The Grill Room with Dylan
Byers

Gerry Baker’s Open Journal

Gerard Baker, former editor-in-chief of The Wall Street Journal, joins Dylan to explore the Journal’s critical approach to Trump’s economic and foreign policies—and its unique position as a conservative-leaning publication actually willing to challenge him. Gerard also reflects on the Journal’s influence in this political moment, its editorial stance within the Murdoch media empire, and the strength of the American brand in today’s volatile geopolitical landscape. Listen Now
WASHINGTON
John Heilemann John Heilemann
Impolitic with John Heilemann

Ashley Parker & Michael Scherer: It’s Good to Be the King

John is joined by Atlantic staff writers Ashley Parker and Michael Scherer to discuss their new cover story on the remarkable political resurrection that returned Donald Trump to the White House and imbued him with a patina of invincibility—and the recent signs that this veneer is starting to crack. Listen Now
FASHION
Lauren Sherman Lauren Sherman
Fashion People with Lauren Sherman

Better Call Andrew

Andrew Rosen, the founder of Theory and an investor in what feels like every American brand that’s amounted to anything over the past 30 years, joins Lauren to chat about American fashion and retail, from the good to the bad. They also discuss Andrew’s latest project, TWP, as well as his investment philosophy, how the industry has changed since he got started in the 1970s, the future of department stores, and plenty more. Listen Now
SPORTS
Peter Hamby Peter Hamby
Eriq Gardner Eriq Gardner
The Powers that Be Daily, Starring Peter Hamby

Make Sports Great Again?

Eriq Gardner joins Peter to examine Trump’s increasingly ominous fixation on sports—from launching a federal task force for the 2028 World Cup to a commission aimed at fixing college athletics and a bid to host the NFL Draft in Washington. Eriq also unpacks Ted Cruz’s recent meeting with Roger Goodell over the NFL’s antitrust exemption and its continued push away from broadcast television and into streaming. Listen Now
Puck
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