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4:20 PM ET, July 20, 2026

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 Top News: 
Gene Maddaus / Variety:
A judge orders a temporary halt to the Paramount-WBD merger, as a 12-state coalition, led by California, argues it would violate federal antitrust law  —  Judge Araceli Martinez-Olguin issued the order after hearing argument from both sides on Friday morning.
RELATED:
Winston Cho / The Hollywood Reporter:NEW!
In the temporary restraining order, a US judge says Paramount's anticipated 27% market share in theatrical distribution is likely to violate antitrust laws  —  A court issued a temporary restraining order freezing the deal for a short period.  Next, it will consider whether to issue …
Michael M. Grynbaum / New York Times:
Unsealed docs: the DOJ sought phone records of NYT reporters and their relatives in an extraordinary attempt to unmask sources of NYT's Air Force One coverage  —  The government is aggressively seeking the confidential sources of Times reporters who wrote about the president's new Air Force One.
RELATED:
Jon Passantino / Status:
Sources: a US judge granted NYT temporary reprieve from Trump admin subpoenas targeting three reporters, ahead of a July 23 hearing over confidential sources
Brooks Barnes / New York Times:
Christopher Nolan's The Odyssey nets $124.5M at the domestic box office and $264.1M worldwide on its opening weekend; Universal spent ~$250M to make the film  —  Christopher Nolan's nearly three-hour epic was No. 1 over the weekend, with about $124.5 million in ticket sales in the United States and Canada.
RELATED:
Nick Robins-Early / The Guardian:
Spanish-language Telemundo captured 49% of the World Cup audience in the US through the first 48 matches, including viewers whose primary language is English
Wall Street Journal:
A look at Israel's influence campaign in the US, including a $45M+ contract with Brad Parscale, chief strategy officer of conservative media network Salem Media  —  The Israeli government is trying to shore up its U.S. reputation with help from influencers, Trump insiders and millions of AI-driven texts
Brian Steinberg / Variety:
Fox Corp.'s Red Seat Ventures becomes the latest entity to partner with Amazon to integrate its programmatic ad inventory into Amazon's demand-side platform  —  Amazon will give advertisers the chance to buy up programmatic advertising inventory from Red Seat via its demand-side platform …
Reuters:
Sources: Trump Media pitched a monthly fee of as much as $100K for the Truth API, with fast access to Trump's posts, for banks, algorithmic traders, and others  —  Donald Trump's social media company has discussed charging Wall Street traders and investment firms as much as $100,000 a month …
Ned Holmes / Radio Times:
Netflix and Goalhanger agree to a new two-year deal to broadcast The Rest Is Football podcast through the next two Premier League seasons and the Euros in 2028  —  It's good news for fans of Gary Lineker, Alan Shearer, and Micah Richards...  The Rest Is Football will be back on Netflix …
Sarah Perez / TechCrunch:
YouTube clarifies its policies around AI slop and upsetting videos, including breaking down such content into three non-monetizable categories  —  A recent change sees YouTube further cracking down on AI slop by clarifying its policies around how content on its platform can be monetized.
Discussion: Business of TV and Music Ally
Lucas Manfredi / The Wrap:
AMC's stock jumps 14%+ after reporting Q2 revenue up 14% YoY to $1.6B, driven by a box office rebound and its highest quarterly revenue in its 106-year history  —  The movie theater chain's second-quarter revenue grew 14% to $1.59 billion, though it posted a widened net loss of $11.4 million
 
 Latest News Finder: 
New
Winston Cho / The Hollywood Reporter:
In the temporary restraining order, a US judge says Paramount's anticipated 27% market share in theatrical distribution is likely to violate antitrust laws   Find
55 minutes ago
Brian Steinberg / Variety:
Fox Corp.'s Red Seat Ventures becomes the latest entity to partner with Amazon to integrate its programmatic ad inventory into Amazon's demand-side platform   Find
3 hours ago
Gene Maddaus / Variety:
A judge orders a temporary halt to the Paramount-WBD merger, as a 12-state coalition, led by California, argues it would violate federal antitrust law   Find
4 hours ago
Michael M. Grynbaum / New York Times:
Unsealed docs: the DOJ sought phone records of NYT reporters and their relatives in an extraordinary attempt to unmask sources of NYT's Air Force One coverage   Find
4½ hours ago
Sarah Perez / TechCrunch:
YouTube clarifies its policies around AI slop and upsetting videos, including breaking down such content into three non-monetizable categories   Find
6 hours ago
Lucas Manfredi / The Wrap:
AMC's stock jumps 14%+ after reporting Q2 revenue up 14% YoY to $1.6B, driven by a box office rebound and its highest quarterly revenue in its 106-year history   Find
 
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 More News: 
The Athletic:
A profile of ESPN analyst Matt Miller, who is accused of stiffing winners of his charity fantasy football leagues and was nearly killed in a car crash in June
Peter Kafka / Business Insider:
Q&A with Fox podcast executive Chris Balfe on podcasts being synonymous with video and how clipping is shifting ad dollars from creators to short-form platforms
Alex Weprin / The Hollywood Reporter:
Filing: Netflix paid $587M in cash for Ben Affleck's AI company, InterPositive, in March
 Earlier Picks: 
Michael Schneider / Variety:
The TV Academy trims the number of Emmy awards in its primetime telecast on September 14, moving five categories to earlier ceremonies on September 5 and 6
Chance Miller / 9to5Mac:
Apple raises the price of Apple Music, with the individual plan up by $1 to $11.99 per month, and some Apple One bundles, citing rising licensing costs
Patrick Hipes / Deadline:
Sinclair-owned TV stations affiliated with ABC and NBC aired Trump's speech about elections, using Sinclair's feed; Sinclair owns or operates 177 stations
 

 
From Techmeme:

Maria Curi / Axios:
Sources: parts of the Trump administration are reigniting efforts to implement de facto bans on foreign open-source models, as Chinese AI models gain momentum

Matthew Sparkes / New Scientist:
Levent Alpöge, a mathematician who works at Anthropic, says he was able to disprove the 87-year-old Jacobian conjecture with the help of Fable 5

Katie Tarasov / CNBC:
AMD plans to ship Helios, its first rack-scale AI system to rival Nvidia, later in 2026 to Microsoft, Meta, OpenAI, and others; Helios costs an estimated $5M+
 
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