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8:40 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.
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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  —  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.
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
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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
Bloomberg:
Source: Netflix raised $1B from a US high-grade bond sale, its first since a debut deal two years ago  —  Netflix's Growth Story Hits a Speed Bump Netflix Inc. raised $1 billion from a US high-grade bond sale on Monday, its first since a debut deal two years ago, as slowing sales growth fuels investor scrutiny of the company's future.
Bloomberg:
Snap reaches a deal to settle the second case set for trial over social media harm to minors, following TikTok and YouTube, leaving Meta as the only defendant  —  Snap Inc. said it has reached a tentative agreement to settle the second case set for trial over claims that the world's largest …
more at Techmeme »
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.
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
 
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 More News: 
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
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
 Earlier Picks: 
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
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
 

 
From Techmeme:

Financial Times:
Sources: China is weighing tightening AI and chip tech export controls and is consulting leading domestic AI companies, in a bid to slow advanced tech exports

OpenAI:
OpenAI paused internal access to an unreleased model that disproved the Erdos unit distance conjecture after it repeatedly found ways to act outside its sandbox

Kate Conger / New York Times:
How Google's AI Search is endangering the open web; Cloudflare says that between June 2025 and April 2026 human traffic to many businesses' websites fell ~40%
 
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