Culture

CAA and TPG Launch $250 Million Holding Company for Creator-Led Businesses

CAA and TPG's Integrated Media Company are backing Compound Creative Holdings with $250 million to acquire and operate businesses built by YouTubers and other online creators, led by managing partner Tucker Brown.

Culture

Justice Department Clears $110 Billion Paramount-Warner Bros. Merger

The Justice Department's Antitrust Division cleared the $110 billion Paramount-Warner Bros. Discovery merger after an eight-month review, finding no harm to competition — though state attorneys general are still preparing to sue to block it.

Culture

Jason Blum to Earn $17 Million From 'Obsession' Box-Office Bonuses

Jason Blum's Blumhouse Atomic is set to earn $17 million in box-office bonuses on Obsession — a $750,000 indie horror film that Focus Features bought for $15 million and that has now grossed over $229 million worldwide.

Intelligence Brief

The Intelligence Brief: AI's IPO Supercycle, the Knicks' First Title Since 1973, and Diller's $18B MGM Bid — June 13, 2026

Capital chased scarcity this week: Anthropic's $965B IPO filing and SpaceX's record $75B listing collided with a federal order disabling Claude Fable 5, Barry Diller's $18B move to take MGM Resorts private, and the Knicks' first NBA title since 1973.

Sports

Brazil Opens World Cup vs. Morocco at MetLife as Knicks Pursue Title in Game 5

Brazil opens its 2026 World Cup against Morocco at MetLife at 6 p.m. ET on June 13, hours before the Knicks visit the Spurs in Game 5 leading 3-1 and chasing their first NBA title since 1973.

Culture

Barry Diller's People Inc. Offers to Buy Rest of MGM Resorts at $18 Billion Valuation

People Inc., the Barry Diller media company formerly known as IAC, offered $48.30 a share to buy the 73.9% of MGM Resorts it does not already own, valuing the casino and online-betting operator at more than $18 billion.

Culture

NYC and Mayor Zohran Mamdani Unveil $50 World Cup Jerseys Handmade in Brooklyn

New York City and Mayor Zohran Mamdani unveiled $50 NYC-inspired World Cup jerseys, handmade in Brooklyn by Mazzi Sports and sold at cost — 1,500 in three colorways, against FIFA's $375 official host-city kit.

Culture

HBO Releases Trailer for Larry David and Barack Obama's 'Life, Larry, and the Pursuit of Unhappiness'

HBO dropped the trailer for 'Life, Larry, and the Pursuit of Unhappiness,' a seven-episode sketch-comedy series from Larry David and Jeff Schaffer, produced by Barack and Michelle Obama's Higher Ground, premiering June 26 on HBO Max.

Music

New Music: Blxst, Rhye, Joey B, and Everything Else Worth Hearing This Week

Two albums, an EP, a Wale mix, and a run of African singles worth knowing about. The names you know are Blxst and Rhye. The most interesting listen is one you might not: Joey B's Sexy Highlife.

Daily Roundup

The Daily Roundup: Knicks Take 3-1 Finals Lead, Nike Air Diamond Turf 2 'Royals', Olivia Rodrigo's Third Album, and Anthropic's $965B IPO Filing — June 12, 2026

The Knicks move within one win of their first title in 53 years with a 3-1 Finals lead, Nike's Air Diamond Turf 2 'Royals' returns at $170, Olivia Rodrigo drops her third album, and Anthropic files to go public at a $965B valuation.

Culture

Bodega Marks Its 20th Anniversary With an Archives Exhibition

Bodega — the Boston streetwear boutique hidden behind a working convenience-store façade since 2006 — marks its 20th anniversary with an Archives exhibition spanning two decades of collaborations, memorabilia, and community.

Culture

Lower East Side Store ESSX Opens an East Hampton Summer Pop-Up

ESSX, the Lower East Side concept store, opened a summer pop-up at 53 The Circle in East Hampton through October 2026 — bringing Maison Margiela, Acne Studios, Our Legacy, and Willy Chavarria to the Hamptons.