Welcome back to The Daily Courant, your afternoon potpourri of Puck’s freshest reporting.

First up today, Eriq Gardner digs into the mesmerizing legal saga surrounding Alcon Entertainment’s acquisition of Village Roadshow’s film library for $417.5 million. The trade headlines this week were upbeat, but left out a host of messier details: Warner Bros. objected to the sale, and there’s still a $100 million arbitration hanging over Village. Then there’s the battle over what
Alcon is actually buying. The films? Yes—about 100 of them, including co-financed titles like The Matrix and Ocean’s Eleven. But what about the right to make sequels? Spinoffs? Remakes? As Eriq reports, that’s where things get litigious…

Plus, below the fold: Abby Livingston chronicles Speaker Mike Johnson’s frenzied, eleventh-hour scramble to get the Big Beautiful Bill across the finish line. Marion Maneker examines the
humming cottage industry driving Japanese artist Tomokazu Matsuyama’s market. Sarah Shapiro peels back the curtain on the shadow world of fashion sourcers (and what their moneyed clients are eyeing this summer). And exclusively for Inner Circle members, Julia Alexander explores the logic behind Netflix’s surprising partnership with France’s TF1.

Meanwhile, on the pods: John Ourand is joined
by Premier Lacrosse League founder Paul Rabil on The Varsity to unpack the PLL’s new media rights deal with ESPN. And on The Powers That Be, Julia Ioffe and Eriq scrutinize the F.C.C.’s new Republican majority—and NPR’s intensifying legal showdown with the Trump administration.

HOLLYWOOD

News and notes from around the entertainment law universe: The looming battle over the F.C.C.’s ability to deregulate
media ownership; the latest twists in the NFL’s ongoing antitrust drama over Sunday Ticket; and the lingering derivative rights questions following Alcon Entertainment’s deal to acquire Village Roadshow’s film library for $417.5 million.

Read
Now

ART

Tomokazu Matsuyama, the Japanese transplant who is running a small cultural enterprise out of Greenpoint, Brooklyn, is
enjoying an ascendant market for his wry, textured, and homage-filled interpretation of the modern American experience.

Read Now

WASHINGTON

Republicans are bracing for an emergency landing of their Big Beautiful Bill, on or around the July Fourth holiday,
whether they want it or not. It may not be pretty, but “it will pass,” a source close to G.O.P. leadership assured me—“one way or another.”

Read Now

FASHION

The summer fashion feeding frenzy is on, forcing hardcore customers to cut deals with a shadow network of sourcers who
hunt down the season’s “sold-out-but-not-really” must-haves from Miu Miu, Chanel, The Row, Pucci, Alaïa, and more.

Read Now

SPORTS

Netflix’s ultimate goal is to transcend its dominant streamer status and simply become TV, itself. That grand plan is
now playing out with sports at its center, and a new partnership with France’s TF1.

Read Now

SPORTS

Paul Rabil, founder of the Premier Lacrosse League, joins John for a deep dive into the PLL’s new five-year media rights
deal with ESPN, which includes an equity stake from the network. Rabil charts the PLL’s growth trajectory, teases expansion plans, and explains why the 2028 Olympics could be a turning point for lacrosse as a global sport.

Listen Now

MEDIA

Eriq Gardner joins guest host Julia Ioffe to break down the ripple effects of Olivia Trusty’s confirmation to the
F.C.C., cementing a new Republican majority that could dramatically loosen media ownership rules—and pave the way for more consolidation of conservative local media. Then Eriq unpacks NPR’s intensifying legal battle with the Trump administration over its federal funding lifeline.

Listen Now

Need help? Review our FAQ page or contact us for assistance. For brand partnerships, email ads@puck.news.

You received this email because you signed up to receive emails from Puck, or as part of your Puck account associated with . To stop receiving this newsletter and/or manage all your email preferences, click here.

Puck is published by Heat Media LLC. 107 Greenwich St, New York, NY 10006