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

First up today, Matt Belloni scrutinizes whether Netflix really would keep releasing Warner Bros. films in theaters if Ted Sarandos were to get his hands on the company. Of course, Sarandos has always prioritized streaming, and has dismissed the moviegoing experience as being “outmoded for most people”—even though the box office pulled in $30 billion last year. Is Netflix merely trying to grease the wheels, or could the company actually embrace theatrical? Matt weighs in…

Plus, below the fold: John Ourand chronicles NBC’s quixotic handling of next year’s Big Ten Championship game. Ian Krietzberg evaluates solutions for meeting the Herculean energy demands of A.I. data centers, while Leigh Ann Caldwell and House Energy and Commerce Chairman Brett Guthrie consider how electric bills could become an explosive issue in the midterms. And for Inner Circle members, Lauren Sherman runs the numbers on Authentic Brands Group’s potential acquisition of heritage Italian brand Missoni.

Meanwhile, on the pods: Dylan Byers reunites with culinary artist Alison Roman on The Grill Room to discuss her new book and evolution as an independent creator. On Fashion People, Lauren and The Ringer’s Amanda Dobbins debate Meghan Markle’s Harper’s Bazaar cover. And on The Powers That Be, Peter Hamby and Lauren review Vanity Fair’s reinvented Hollywood Issue.

As bids for Warner Bros. Discovery come due and exhibitors prep an antitrust challenge, Ted Sarandos has pledged to play Warners movies in theaters. Is this just a shameless wet kiss to the town and regulators, or another sign of his company’s ability to pivot?

Meta is investing $600 billion in American infrastructure and jobs, creating opportunities in communities across the country.

Phil, a Lead Building Engineer in Los Lunas, New Mexico, has seen the impact that Meta’s investment can bring.

"Supporting my family used to mean leaving my hometown and missing out on special moments,” he says. “Now, it doesn't.”

Explore Phil’s story.

It’s been a rocky season for the Big Ten. Now comes word that media partner NBC is taking a long, hard look at its options for next year’s conference championship game.

As A.I. hyperscalers and startups around the country scramble to build data center capacity, the energy demands have become increasingly untenable for overburdened utility companies.

The A.I. gold rush has touched off a mad scramble to produce enough energy—oil, natural gas, coal, solar, wind, geothermal, you name it—to power the thousands of data centers popping up across the country. House Energy and Commerce Chairman Brett Guthrie confronts whether a divided Washington can ever reach a consensus on energy growth before China wins the whole ballgame.

The family-owned Italian brand may have more unmet potential than any heritage fashion house. And ABG, which is attempting to acquire the company, has the capital to unleash the opportunity. But at what cost?

Meta's AI infrastructure is bringing jobs to local communities.

For Phil—and many Los Lunas, New Mexico locals—supporting his family used to mean “leaving town, and missing moments I couldn’t get back." Not anymore.

Meta is investing $600 billion in American infrastructure and jobs, creating opportunities in communities nationwide.

Explore Phil’s story.

Alison Roman, the internet’s favorite culinary truth-teller, rejoins Dylan to dish on her ongoing evolution as an independent creator in the chaotic attention economy. She discusses her new book, the existential importance of keeping it authentic, and why she broke up with Substack. She also previews her next acts—and, of course, what she’s cooking for Thanksgiving.

Today, Lauren is joined by P.R. guy Adam Shapiro to discuss the proliferation of Western luxury in India, where he recently set up an office for his public relations firm, L52. Up top, Lauren is joined by The Ringer’s Amanda Dobbins to discuss the two big magazine cover releases of the past week: Vanity Fair’s all-guy Hollywood Issue and Harper’s Bazaar’s Meghan Markle get.

Lauren Sherman joins Peter to share her thoughts on the latest star-studded, all-male Vanity Fair Hollywood Issue cover, and why Lauren is surprisingly into it. “It’s a million times better than anything they’ve done in years, potentially decades,” she insists. They also dive into the rumor mill around Missoni’s possible sale to Authentic Brands Group—and whether the iconic Italian house is about to get lost in the American mall shuffle.

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