deal

Standoff with Iran prompts a nuclear deal with Saudi Arabia

The Trump administration has agreed to work with Saudi Arabia to develop a civilian nuclear program, a watershed moment following a years-long effort to curb the proliferation of nuclear technology in the Middle East.

The announcement comes as President Trump has vowed to continue executing a war against Iran over its own nuclear ambitions. On Wednesday, the president warned he would target a bridge or power plant for every commercial vessel Iran fires upon in the Strait of Hormuz, after earlier this week threatening to strike a new facility Tehran is reportedly building to conceal its continued nuclear work.

The Saudi deal stoked surprise and immediate concern across Washington, where lawmakers are expected to have a vote on the matter, as well as in Israel, itself a nuclear power that has long feared an atomic arms race could grip the region.

A Saudi nuclear program has long been tied to the standoff over Iran’s nuclear work, which successive U.S. administrations have said extends beyond civilian purposes. After Iran struck a nuclear deal with world powers in 2015, Saudi Arabia vowed to match whatever nuclear capabilities Tehran was allowed to keep.

In the decade since, U.S. officials had tried to keep Saudi Arabia from developing its own program, fearing it would fuel nuclear competition across the Middle East. But it became a consistent and central point of negotiation between the two allies.

Both the Trump and Biden administrations ultimately offered to support a limited, monitored program as part of a broader deal to normalize relations between Saudi Arabia and Israel, hoping that a diplomatic breakthrough would mitigate the risks of an arms race.

But the agreement secured this week left skeptics in Washington and the region unclear what the United States had secured in return.

The deal comes after Trump told reporters this week that the goal of resuming war with Iran was to prevent them from ever obtaining nuclear weapons, a challenge that has vexed the international community since the outset of the century.

U.S. presidents have long sought to prevent Middle Eastern countries from acquiring technologies that could be used to build weapons of mass destruction. The 2003 invasion of Iraq over false claims about Saddam Hussein’s weapons programs prompted Libya’s Muammar Qaddafi to abandon his nuclear work. Over the next two decades, the United States and Israel also targeted Syria’s nuclear and chemical weapons programs under Bashar al-Assad.

But Iran’s slow march to nuclear weapons capability, enriching uranium near to weapons-grade with no clear civilian or scientific ends, has prompted other countries in the region to question whether they, too, might need similar capabilities to counterbalance a historic foe. Israel, which views the Islamic Republic and its nuclear program as existential threats, is widely believed to possess its own nuclear weapons.

Hours after the nuclear deal was reported by the Wall Street Journal, the White House was silent on the details and Trump administration officials were left scrambling when asked by lawmakers and reporters for answers.

While traveling in Manila, Secretary of State Marco Rubio told reporters he was aware of the news reports, but deferred to the White House to provide more public information.

When pressed about the risks of such a deal, Rubio said he would not “opine directly on the agreement,” but said the United States “is not going to reach any agreement with any country in the world that leads to the risk of proliferation.”

The White House confirmed the deal Wednesday afternoon.

Back in Washington, U.S. Ambassador to the United Nations Mike Waltz told members of the House Foreign Affairs Committee that he has not yet seen the agreement with Saudi Arabia.

The deal, which would last 30 years and involve American firms developing the program, is expected to be submitted for review to Congress. Lawmakers will consider the deal as they grow increasingly uneasy about the Trump administration’s handling of an expanding Iran war, which Trump and Israel launched, arguing for the need to wipe out Tehran’s capabilities to build nuclear weapons.

As the war enters its fifth month, Trump has continued to defend the military efforts and has dismissed the idea that war is unpopular among Americans as they feel the economic effects.

“Americans aren’t against the war,” Trump told reporters on Wednesday. “Americans don’t want high gasoline prices but they’re not against the war.”

Trump’s remarks were made as he traveled to Dover Air Force Base in Delaware to attend a dignified transfer of U.S. service members killed in the war. Asked what he would say to the families who lost their loved ones, Trump said he’d tell them they’re loved.

“All I’m going to say is, we love you. We love your child, and that’s what they are to them. They’re their children. There’s no games, no nothing,” Trump said. “That’s their child, and all you can do is throw out your heart.”

Earlier in the day, Trump said the United States will destroy a bridge or power plant in Iran each time it shoots at a ship in the Strait of Hormuz, a crucial waterway for the global energy supply.

Trump’s threat to target bridges and power plants would mark yet another escalation that could affect civilians in the region.

Hasan Ghashghavi, a member of the Iranian Parliament’s National Security and Foreign Policy Committee, denied Trump’s claim on Tuesday that Iran was requesting negotiations, saying in a statement on X that it was “in no way consistent with the facts.”

“It seems that Trump, in order to extricate himself from the quagmire he’s trapped in, should seek better paths,” he wrote. “Repetitive lies no longer even bring about short-term market relief.”

Times staff writer Nabih Bulos in Beirut contributed to this report.

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Paramount wins European regulators’ blessing to buy Warner Bros.

Paramount Skydance has notched a needed win as it continues to pursue its $111-billion deal to buy Warner Bros. Discovery.

On Wednesday, the European Commission gave its consent, allowing tech scion David Ellison’s industry-reshaping merger to move forward in the countries that make up the European Union.

Europe joins 64 other regulatory entities that have either approved the deal or chosen not to challenge it, Paramount said in a statement.

“These clearances recognize that the combination of Paramount and WBD will enhance consumer choice and enable a creative-first company to invest in more projects and bring stories to audiences worldwide,” Paramount said. “It will create a scaled media and entertainment company capable of competing with the tech companies that have come to dominate the industry.”

European regulators added just one condition: Paramount must end a partnership with Universal Pictures to share distribution of movies in Europe. Beyond that, regulators concluded that even with the proposed Paramount-Warner consolidation there were enough producers to avoid competitive harms.

“The Commission found that, at film production level, enough film studios remain as competitors,” the European Commission said in a statement. “These include other major US studios like Disney, NBC Universal … and Sony, along with smaller US studios such as Amazon MGM, A24 and Lionsgate, as well as European studios.”

But the merger would result in a “high concentration” of film distribution, the commission said, so Paramount would have 13 months to end its joint venture, United International Pictures, which distributes Paramount and Universal films to cinema owners in Europe.

Paramount must not “directly or indirectly … enter into any agreement or understanding with Universal to jointly co-distribute films” in the European countries for 10 years, the commission said.

Despite early concerns about potential dominance in the children’s television market, Paramount will not be required to divest Cartoon Network, a Warner asset, because of its ownership of Nickelodeon.

“The Commission found that streaming platforms offering children’s content will continue to act as a competitive constraint on the merged entity’s TV channels,” the agency said.

The European Commission joins regulators in Australia, Brazil, Canada, China, Saudi Arabia, Serbia and South Africa that have found the deal would not crush competition in their respective markets. Britain’s Competition and Markets Authority is still investigating the merger’s impacts.

Paramount secured the approval of the U.S. Justice Department last month. The company was hoping to close its blockbuster acquisition of Warner Bros., which owns HBO, CNN and the Burbank studios behind such popular characters as Batman, Superman, Harry Potter, Scooby-Doo, by the end of September to avoid a larger payout to Warner Bros. Discovery shareholders.

The European Commission’s approval came two days after Ellison’s firm was dealt a substantial setback.

A federal judge in Oakland on Monday issued a temporary restraining order preventing Paramount from finalizing the acquisition for at least 14 days as that antitrust case heats up. The decision came after 12 state attorneys general, led by California Atty. Gen. Rob Bonta, filed a lawsuit last week alleging the merger would violate U.S. antitrust rules.

District Judge Araceli Martínez-Olguín scheduled an Aug. 3 hearing to determine whether a longer-term pause is warranted. The states are expected to seek a preliminary injunction, which would tie up Paramount’s merger for months.

Paramount, in its statement, noted the European Commission’s conclusions “directly refute key assumptions that underpin the state AGs’ complaint seeking to block the transaction,” including whether big-budget or blockbuster films should be considered a market.

Wednesday’s approval “marks another significant milestone in bringing Paramount and Warner Bros. Discovery together,” Makan Delrahim, Paramount’s chief legal officer said in the statement. “We appreciate the Commission’s constructive engagement and thorough analysis throughout its review.”

Deal critic Alvaro Bedoya, a former Federal Trade Commission member who is now a senior adviser at the American Economic Liberties Project, offered a conflicting view.

“This is not remotely over. The United States is not Europe,” Bedoya said in a statement.

The Writers Guild of America joined the legal fray last week by filing its own antitrust complaint against Paramount, alleging the proposed union of two of Hollywood’s biggest studios would lead to fewer jobs and lower pay for writers. The WGA is also seeking an injunction.

The 37-page lawsuit filed by the state attorneys general alleges that Paramount’s proposed takeover — the largest Hollywood deal in decades — would violate the U.S. Clayton Antitrust Act, a century-old law to prevent mergers that weaken competition and raise costs for consumers.

In her order granting the states’ request for a temporary restraining order, Martínez-Olguín wrote: “The Transaction would also be difficult, if not impossible, to unwind if permitted to proceed given the anticipated consolidation of operations, sharing of business-sensitive information, and potential termination or reassignment of employees.”

Paramount faces a potential $7 billion payment to Warner Bros. should the company fail to close the transaction by next summer.

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Chelsea signs Morgan Rogers from Aston Villa in record British deal | Football News

The 23-year-old Rogers, established as one of the Premier League’s top attacking talents, has signed a contract with the London team until 2033.

The England World Cup forward Morgan Rogers has completed his British transfer record move from Aston Villa to Premier League rivals Chelsea.

No fee was officially disclosed, but media reports on Tuesday said it is worth 117 million pounds ($156.5m), which surpasses England teammate Elliot Anderson’s 116 million pounds ($155m) switch from Nottingham Forest to Manchester City earlier this month.

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The all-time record Premier League transfer is still Sweden striker Alexander Isak’s 125 million pounds ($167m) move from Newcastle to Liverpool last year.

The 23-year-old Rogers, established as one of the Premier League’s top attacking talents, has signed a contract with the London team until 2033.

“I’m so excited,” he told the club’s website. “For me, Chelsea are the biggest club in London and a club I’ve always admired since I was a kid.

“I’m really excited about the project with the new manager, the players we’ve got and where the club is heading. That’s why I’m here, and I can’t wait to get started.”

Rogers is the third major off-season signing by new Chelsea manager Xabi Alonso, following wing backs Marco Palestra and Geovany Quenda.

Rogers was part of the England team that finished third, beating France, at the World Cup last week. They had lost to Argentina 2-1 in their semifinal.

He scored 21 goals in 85 Premier League appearances for Villa, and last season helped guide the club to a top-four finish and to the Europa League title.

Rogers joined Villa from Middlesbrough in February 2024 for a reported fee of 8 million pounds (about $10.5m).

He made his England debut in November 2024 and has now won 22 caps for his country.

Chelsea’s previous record signing was Ecuador midfielder Moises Caicedo, who joined from Brighton & Hove Albion for 115 million pounds (about $150m) in 2023.

Chelsea, who finished 10th in the Premier League last season, begin their ‌league campaign away to Fulham on August 24.

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Disney and Kraft Heinz ink multiyear partnership

More Kraft Heinz products will be available in Walt Disney Co.’s U.S.-based theme parks and on cruise ships after the two companies recently inked a multiyear partnership.

Ten Kraft Heinz brands will be part of the deal, including Heinz, Philadelphia cream cheese and Kraft Mac & Cheese, the companies said in a statement Tuesday.

Both Disney and Heinz declined to comment on the financial terms of the deal, but a Heinz spokesperson said it is Disney’s “highest level of partnership” and designed to be an ongoing effort.

The partnership, which begins this summer, will result in new menu items, experiences and product offerings at Anaheim’s Disneyland Resort, Orlando’s Walt Disney World and on Disney cruise ships sailing out of ports in North America.

In the short term, new Heinz condiment stations and custom-designed equipment will be installed throughout the parks, the companies said.

Beyond the use of Kraft Heinz brands at Disney parks and on cruise ships, the partnership also allows for “integrated marketing campaigns” and digital content across Disney’s media platforms.

“Together we will build creative experiences for our consumers across our destinations, platforms, and fan touchpoints,” Becca Vodnoy, Walt Disney Co. senior vice president of corporate alliances, said in the statement.

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Paramount-Warner Bros. deal on hold after court ruling

Hollywood’s biggest deal in decades is on hold.

On Monday, a federal judge temporarily blocked Paramount Skydance’s efforts to complete its purchase of Warner Bros. Discovery, ruling that the proposed $111-billion merger “raises serious questions” about whether the combination violates U.S. antitrust law.

District Judge Araceli Martínez-Olguín, based in Oakland, granted a request for a temporary restraining order from a coalition of 12 state attorneys general, led by California Atty. Gen. Rob Bonta, to freeze the deal while the court delves more closely into its impact on markets.

The order pauses the deal for 14 days. Martínez-Olguín’s ruling sets up a showdown for Aug. 3, when she considers a motion for a preliminary injunction — which, if granted, could tie up the deal for months in advance of a trial.

“This is a critical first win in our case to ensure this megamerger never sees the light of day,” Bonta said in a statement. “History tells the tale of what happens when a few people have great power over markets that are central to Americans’ lives: fewer opportunities for more people, worse products and services for all people.”

Two century-old film studios — with rights to Harry Potter, Batman, Scooby-Doo, “Top Gun,” “Ted Lasso” and “Game of Thrones” — would be combined, and HBO, CNN and HGTV would come under new ownership.

“The judge basically said, ‘Look, let’s not race to the finish line here,’” Eric Talley, a Columbia Law School professor, said in an interview. “At the end of the day, maybe this thing gets signed off on, but I think the AGs are going to be given a fair chance to bring their claims forward.”

The ruling dealt a blow to tech scion David Ellison’s efforts to quickly finalize his massive merger, which has the support of President Trump. Ellison wants to complete the deal by September to avoid a higher payout to Warner Bros. Discovery shareholders.

Paramount, in a statement, said the restraining order simply preserves the status quo, which Paramount had already pledged to do in court papers last week that offered to hold off on finalizing the transaction.

“We are confident the evidence will demonstrate that the State AGs’ antitrust arguments are without merit as their alleged markets and claims of anticompetitive effects are without any basis in modern market realities,” Paramount said in the statement.

Larry Ellison, co-founder of software giant Oracle, is bankrolling his son’s ambitions to acquire a second major entertainment company in less than a year. The Ellison family acquired the smaller Paramount in August.

The Democratic state attorneys general, including from New York, New Mexico, Nevada, Oregon and Washington, filed their lawsuit a week ago.

The 37-page lawsuit alleges that Paramount’s proposed takeover — the largest Hollywood deal in decades — would violate the U.S. Clayton Antitrust Act, a century-old law to prevent mergers that weaken competition and raise costs for consumers.

The lawsuit represents the stiffest challenge to a deal that had been swiftly clearing its various regulatory hurdles. Nearly two dozen regulators from around the globe, including Australia, Austria and Saudi Arabia, have already signed off.

The U.S. Justice Department last month approved the merger, saying the combination would probably bolster competition — not harm it. That decision wasn’t a surprise because Trump has been rooting for a CNN shakeup. The president told the network’s Jake Tapper earlier this month: “We’re trying to have CNN go on a normal path.”

“This merger is lawful, pro-competitive, and will benefit consumers, creators, workers, and the entertainment industry,” Paramount said. “We will continue to vigorously defend the transaction and will look forward to the hearings on the substance of the State AGs’ action.”

Paramount shares slid 2% to $8.57 on Monday. Warner shares tumbled nearly 4% to $25.86 — the stock’s lowest mark this year.

Martínez-Olguín’s order came after a hearing in Oakland on Friday that represented an opening salvo between the two sides in the fight over a merger that would dramatically reshape the entertainment industry.

“In many ways this case is a poster child for a much larger set of questions — some of which are specific to the entertainment industry but many are more specific to our regulatory state in general,” Talley said.

Because of the case’s expedited status, the judge said she looked closely at only one of the three markets where the plaintiff states allege the merger could bring anticompetitive harms — wide-release Hollywood films.

“Plaintiffs present compelling evidence that the combined firm resulting from the transaction will possess substantial market share in the wide-release theatrical distribution market,” Martínez-Olguín wrote in her 10-page order.

If allowed to merge, Paramount-Warner Bros. would control about 27% of the market of films that are initially released into more than 3,000 theaters.

“On this combined firm market share alone, the Court is persuaded that it can presume the proposed merger is likely to violate antitrust laws,” the judge wrote.

The ruling doesn’t signal that the states will win but, Talley said: “This is an important mark in the road that suggests that, in the eyes of the judge, at least one of their allegations has the seeds of a valid case.”

Paramount and Warner Bros. Discovery are “temporarily enjoined and restrained from closing or consummating the transaction or taking any steps, directly or indirectly, to integrate or consolidate their operations pursuant to the transaction,” the judge wrote.

The order extends to all officers, attorneys, and “other persons who are in active concert or participation with Defendants,” Martínez-Olguín wrote.

The merger is far from dead, Emarketer senior analyst Ross Benes said in a statement after the ruling.

“The order is likely to be a speed bump,” Benes wrote. “Thanks to the company’s symbiotic relationship with Trump, most challenges ahead that could stop the deal will be steamrolled.”

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Lakers sign Matisse Thybulle to a one-year deal as roster takes shape

The Lakers have signed forward Matisse Thybulle to a one-year, $3.3-million contract, people familiar with the deal but not authorized to speak publicly told The Times Monday.

Thybulle, who spent last season playing for the Portland Trail Blazers, made the NBA’s all-defensive team twice over his seven-year career. He is a defensive wing player that the Lakers sought to surround Luka Doncic and Austin Reaves.

Thybulle averaged 5.8 points per game last season and shot 43.3% from the field, 39.8% from three-point range, in 30 games.

The Lakers now have a 16-man roster. They’ll have to either trade or waive a player to be at the league maximum number of 15.

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Aston Villa sign Joao Gomes in £38m deal from Wolves

Aston Villa have completed the £38m signing of midfielder Joao Gomes from Wolves.

The Brazil international joins for an initial £34m with £4m in add-ons.

Villa completed a club record deal worth more than £50m for Freiburg midfielder Johan Manzambi on Friday, beating Newcastle to the Switzerland international.

Atletico Madrid had also been keen on Gomes, but the 25-year-old left Wolves’ training camp in Portugal on Thursday to have a medical and finalise his move to Villa Park.

Villa midfielder Amadou Onana is out until next year after suffering a serious knee injury with Belgium at the World Cup.

Villa have also sold Youri Tielemans to Manchester United for £35m, while fellow midfielder Morgan Rogers is set to leave after a £117m deal was agreed with Chelsea.

Gomes made 41 appearances for Wolves last season and was named Player of the Year as they finished bottom of the Premier League.

He played 130 times for the club, scoring seven goals, after joining from Flamengo in 2023.

Wolves technical director Matt Jackson said: “Joao deserves everything he gets from the game. He’s a model professional, a lovely young man and a great family man.

“He’s the type of professional coaches love and players love, so he will go on to be the outstanding player that we know he is.

“We’re obviously sorry to see him go, but we have to take responsible decisions for the football club, and then we build to be stronger collectively.

“It’s a very natural part of football – the best run football clubs who don’t have unlimited resources have to work this way.

“The model is something that we have to adopt, and our fans have always been hugely understanding of that.”

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Why e-commerce pitches are creeping into TV news

If you feel like your favorite morning news or talk show is frequently trying to sell you something, you’re right.

Shopping segments within the program content of NBC’s “Today,” ABC’s “Good Morning America” and “CBS Mornings” have grown in recent years. Using QR codes on the screen, viewers are taken directly to dedicated e-commerce sites where they can put in their orders, with the program getting 20% or more of the revenue generated.

The segments typically feature a contributor or expert presenting household items, fashion or personal care products, alongside the host viewers know and trust. While hosts typically don’t do the actual pitching, their presence provides a seal of approval that helps drive a purchase.

The segments are also a staple of talk shows and syndicated programs such as “The View,” “The Jennifer Hudson Show,” “Entertainment Tonight” and “Inside Edition” and have spread to local TV stations. Ownership groups have signed deals with companies that match them up with brands looking for exposure that goes far beyond what they get with a 30-second commercial.

“This is the savior for media, if they really focus on it,” said Brian Meehan, co-founder of Knocking, a Connecticut-based company that specializes in embedding e-commerce into TV and digital content.

That may seem bit hyperbolic, but there is little doubt that TV outlets are looking for help as they navigate the upended media industry.

Streaming has pulled viewers away from traditional television, driving down ad revenues. Since 2022, ad spending on broadcast and cable TV has dropped 23%, to $51 billion in 2025. Consumers bypassing or canceling their cable subscriptions are cutting into the fees stations receive from pay TV providers.

As a result, both networks and TV stations have had to make significant cuts in their news operations to maintain profit margins. The daytime syndication business has declined dramatically as well, with NBCUniversal exiting the market and canceling “Access Hollywood” and “The Kelly Clarkson Show.”

Networks and stations don’t reveal how much they earn from the shopping segments, which typically run four minutes, but insiders say it’s well into the eight-figure range.

Bill Hague, executive vice president for the media research firm Magid, said more TV stations are turning to the segments to help fill the additional hours of local news they are programming instead of syndicated talk shows.

“Why invest in syndication when you can have the same audience and more revenue tied to it?” Hague said, adding that the company’s research shows consumers don’t believe the practice diminishes the quality of a newscast.

Jeff Rossen, a former consumer reporter for NBC News, recently pitched online shopping deals for Tegna’s TV local stations. The products he demonstrated sold briskly, likely helped by the credibility and trust he has accrued as a journalist.

That authority matters to viewers. NBC says its research shows that 94% of “Today” viewers trust the product recommendations made on the program.

Morning shows, with their mix of hard news, entertainment segments and lighter fare, have always had more latitude in what they present. But the current dire circumstances of the TV business explain why there is little pushback.

“If helping me buy a better blender also helps pay for an investigative reporter, I’m fine with it,” said Andrew Heyward, a former CBS News president who has consulted for TV station groups.

Heyward said consumers have gotten accustomed to editorial content being a gateway to online shopping. The New York Times gets a cut of sales linked to its Wirecutter product review site.
Book reviews in the Los Angeles Times are linked to Bookshop.org, and the newspaper gets a commission for any sales.

Amazon and other web platforms have made e-commerce account for 21.8% of all U.S. retail purchases, according to the Department of Commerce.

Direct selling on traditional media goes back decades. In 1978, a Clearwater, Fla., radio station accepted 112 electric can openers from an advertiser who could not afford to pay for commercial time. Station owner Bud Paxson had a newscaster auction the inventory over the air and it sold out quickly, leading to a regular show called “Suncoast Bargaineers.”

In 1982, Paxson moved the concept to a local Tampa cable outlet, called it Home Shopping Channel and, after a few years, took it national as Home Shopping Network. HSN soon had celebrities pitching their own product lines, a technique that is now occasionally used by the morning shows.

Candi Carter, whose Cistus Media handles e-commerce for Tegna, said viewers have long been accustomed to seeing products touted inside of programming content, going back to the days of Oprah Winfrey’s “favorite things” segments.

“Brands do it for visibility,” Carter added. “They don’t have to pay a product integration fee and they get revenue from the sales.”

The broadcast networks experimented with direct selling to viewers over the years. NBC even put its name on ShopNBC, a cable channel it co-owned in the 1990s. But the concept was not mastered until NBC’s “Today” introduced “Steals and Deals” in 2010 as an occasional segment that grew over time.

The program now has 30 contributors who present wares in about 350 shopping segments each year. They are available across digital, social, newsletters and mobile platforms after they air on “Today.”

ABC’s “Good Morning America” started its own version in 2011, brazenly calling it “Deals and Steals.” The network now has daily segments on both “GMA” and the afternoon hours “GMA 3” and “The View.” Network contributor Tory Johnson has handled “Deals and Steals” since its launch and has long been one of the most familiar faces on “GMA.” Other contributors, such as former fashion magazine editor Laurie Bergamotto, have been added over the years.

Meehan recalls the biggest hurdle to launching the segments at ABC was the language explaining the arrangement to viewers — making it clear that the network stands to benefit.

“It came down to the attorneys just saying, ‘ABC may receive promotional or financial consideration,’” he said. “It took a long time to go through that process.”

CBS News, historically cautious about any endeavors that could tarnish its legacy as a journalism organization, was the last of the traditional networks to get into e-commerce in 2022 after COVID-19 lockdowns depressed ad revenues. The division was also under pressure to improve its financial performance as Shari Redstone, then-chair of parent Paramount, was intent on improving the company’s balance sheet ahead of a sale.

“Shop CBS” segments, as they’re called, are presented multiple times a week on “CBS Mornings” and “CBS Saturday Morning” and have become key revenue drivers for the struggling news division. Any resistance from producers or on-air talent recedes once they learn how much money e-commerce takes in, according to one veteran at the division not authorized to discuss the matter publicly.

While ABC and NBC broker their e-commerce deals in-house and through some of their contributors, CBS turned to Knocking to develop its segments. The company makes deals with product suppliers looking for in-program exposure, supplies the on-air talent that does the pitching with the network’s hosts and builds the websites that handle the transactions.

While on-air network journalists appear in the segments, they are not asked to do the selling. When CBS News signed on with Knocking, the division insisted the talent and producers involved be able to test the products before putting them on air. When they can react with enthusiasm, it’s a big help.

“When ‘CBS Mornings’ co-host Nate Burleson puts on a massager and he’s like, ‘Ooh, wow, this feels like real human hands,’ — none of that is scripted,” said Meehan.

Still, programs are putting their credibility on the line by selling the products. There is little margin for error or customer dissatisfaction, as disgruntled viewers will tune out.

Meehan said Knocking does its best to mitigate that possibility by accepting returns up to six months after purchase.

“A bad experience will hurt both the product or service being featured, and the broadcaster,” Heyward said. “All the parties have a vested interest in honesty, and in a good user experience.”

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Paramount offers to briefly delay Warner Bros. merger as court battle heats up

Paramount Skydance’s top antitrust attorney told a judge Friday that David Ellison’s company would voluntarily delay its proposed $111-billion takeover of Warner Bros. Discovery at least until mid-August amid a legal challenge brought by 12 state attorneys general.

The states, led by California Atty. Gen. Rob Bonta, have asked a judge to issue a temporary restraining order that would prevent Paramount from finalizing its deal as the court battle ramps up. Paramount made the pledge in hopes of avoiding such a ruling that would tie its hands — and give the states an early win in the litigation.

Federal District Judge Araceli Martínez-Olguín said she would decide by Wednesday whether to issue a restraining order.

David Ellison (center) and Lindsay Graham.(Photo by Anna Moneymaker/Getty Images)

Tech scion David Ellison has been a regular in Washington D.C. this year as he races to consolidate Warner Bros. Discovery — less than a year after his family bought Paramount.

(Anna Moneymaker / Getty Images)

Friday’s hearing in Oakland opened the first chapter in the fight over the blockbuster deal that both sides agree would dramatically reshape Hollywood. Two century-old film studios — with rights to Harry Potter, Batman, “Top Gun,” “The Big Bang Theory” and “Game of Thrones” — would be combined, and HBO and CNN would come under new ownership.

Antitrust attorney James H. Weingarten, of the Washington law firm Milbank, represents California and the other states. He told the judge it would be impossible to untangle the two companies if they are allowed to combine.

“If this merger is allowed to close … the harms begin,” Weingarten said. “The job losses, the synergies — that’s the fancy word for ‘we’re going to save money and there might be job cuts.’ All of that process starts rolling.”

Bonta filed the suit Monday, alleging the proposed merger — the largest in Hollywood in decades — would violate the U.S. Clayton Antitrust Act, a 112-year-old law to prevent mergers that weaken competition and raise costs for consumers.

The lawsuit alleges antitrust violations in three markets where the two companies currently compete: wide-release films, potential blockbuster movies and cable television, where the combined entity would own more than 50 cable channels.

Paramount shares fell 4.3% to $8.75 on Friday. Warner stock slipped 1.5% to $26.87 — below Paramount’s offer of $31 a share.

More than two dozen lawyers attended Friday’s hearing, including from Colorado, Oregon, Washington and New York who came to support California, which is leading the case.

Paramount, represented by antitrust lawyer Jeffrey L. Kessler, argued a temporary restraining order was not necessary. The two sides should instead focus on the next big step — whether the judge issues a preliminary injunction, he said. Such a ruling could delay the deal for months.

Kessler said Paramount should be allowed a hearing to defend against a preliminary injunction by the end of August. The company wants to wrap up the litigation by late September to avoid a higher payout to Warner Bros. Discovery shareholders.

In a show of confidence earlier this year, Paramount offered Warner Bros. Discovery shareholders a “ticking fee” of 25 cents for every quarter after Sept. 30 — until the deal was done. Such payments would cost Paramount more than $7 million a day, which Kessler called a “massive injury.”

California Attorney General Rob Bonta in July 2022.  (Genaro Molina / Los Angeles Times)

California Atty Gen. Rob Bonta is leading a coalition of 12 state attorneys general to try to halt Hollywood’s biggest merger in decades.

(Genaro Molina/Los Angeles Times)

Paramount would also have to pay Warner a $7-billion breakup fee should the deal fall apart.

Kessler argued the states had not made a sufficient case that competition would be harmed. “We don’t think they’ve come close to jumping through that hurdle,” Kessler said.

Earlier this year, Kessler represented the state attorney generals in their winning case against Live Nation Entertainment. A jury found that Live Nation, which owns Ticketmaster, operated as a monopoly. This time, Kessler is representing corporate interests.

Prominent Los Angeles litigator Daniel Petrocelli is representing Warner Bros. Discovery.

Paramount hired attorney Jeffrey Kessler to lead its antitrust defense.

Paramount hired attorney Jeffrey Kessler to lead its antitrust defense.

(Noah Berger / Associated Press)

The case was assigned to Martínez-Olguín Wednesday after Paramount requested an earlier judge be removed because he formerly worked as a labor attorney.

Martínez-Olguín said she inherited the case because she was already overseeing another lawsuit dealing with the merger — not because Paramount had agitated for a change.

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Vance Says Some Israeli Officials Tried to Influence US on Iran Deal

U.S. Vice President JD Vance has accused some members of the Israeli government of attempting to influence American public opinion to undermine Washington’s agreement with Iran, highlighting growing public differences between the two allies over Middle East policy.

Speaking on a podcast with Joe Rogan released on Wednesday, Vance defended the U.S.-brokered deal that ended last month’s conflict with Iran, despite criticism from Israeli officials and some U.S. lawmakers who argue the agreement leaves Tehran’s missile and nuclear capabilities largely intact.

Vance accuses Israeli officials of influence campaign

Vance said he was certain that some figures within the Israeli government sought to steer U.S. policy toward continuing military operations against Iran.

“I know beyond a shadow of a doubt that there have been people within the Israeli government who are trying to actually shift us away from that policy because they want to continue the military campaign,” Vance said.

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He added that although he maintains good relationships with some Israeli officials, others were trying to shape American public opinion.

“There are some people within their system that we know beyond a shadow of a doubt are manipulating and trying to change American public opinion to keep the war going on indefinitely,” he said.

Defends Iran ceasefire agreement

Vance argued that the agreement reached last month was the right decision, despite criticism that it failed to place sufficient limits on Iran’s ballistic missile programme or provide a clear roadmap for dismantling its nuclear facilities.

The deal has also been criticised in Israel for restricting its military campaign against Iran-backed Hezbollah in Lebanon.

The vice president said attempts by foreign governments to influence U.S. policy are common and not unique to Israel.

“It doesn’t bother me that Israel tries to do this. It frankly doesn’t even bother me that Russia or some of these other countries do it,” Vance said.

“What does bother me is when those operations, those influence campaigns, actually affect American political judgment.”

Growing public differences with Israel

The remarks add to increasingly visible disagreements between the Trump administration and Israeli leaders over how to handle Iran.

In June, Vance sharply criticised Israeli opponents of the Iran agreement, arguing that President Donald Trump remained Israel’s strongest ally despite objections from some members of the Israeli government.

Israeli officials have argued that the agreement does not adequately address Iran’s nuclear ambitions or ballistic missile programme, concerns they say are widely shared across Israel’s political and security establishment.

Would US have entered the conflict?

Asked whether the United States would have become involved in the recent conflict with Iran without Israeli influence, Vance replied, “Yes, yes I do.”

He added that President Trump independently believes Iran should never obtain a nuclear weapon.

“I think the president, separate from any influence from Israel, believes very strongly, and again I agree with this, that Iran should not have a nuclear weapon,” Vance said.

The Israeli Prime Minister’s Office did not immediately respond to requests for comment.

Why it matters

Vance’s comments expose unusually public tensions between senior U.S. and Israeli officials over the future of Middle East policy. They also underscore ongoing debate within Washington over the extent of foreign influence on U.S. decision-making and the long-term strategy toward Iran.

What to watch

The remarks are likely to draw scrutiny from both Israeli officials and members of the U.S. Congress as the Trump administration seeks to preserve the Iran agreement while managing its close security partnership with Israel. Further disagreements over Iran and regional military operations could test the traditionally strong U.S.-Israel alliance in the months ahead.

With information from Reuters.

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Hiltzik: The new antitrust enforcers

Only a few days ago, Paramount Skydance’s planned $111-billion takeover of Warner Bros. Discovery appeared to be on the glide path to completion.

The deal, which would be the largest merger in Hollywood history, had won approval from several foreign governments and, on June 12, Justice Department antitrust regulators.

The Justice Department’s assent looked to be a major step toward fulfilling the ambitions of David Ellison, the son of multibillionaire tech tycoon Larry Ellison, to bring together Paramount and Warners, which owns CNN and CBS among other properties, under one roof.

‘I will not let Warner Bros. and Paramount merge without a fight.’

— Rob Bonta, California attorney general

The Justice Department’s action ignited suspicions that the Ellisons had profited from their support of President Trump. But it has turned out not to be the last word on the deal. The very next day, California and 11 other states filed a motion to block the merger, stepping in where the Justice Department chose not to tread.

“I will not let Warner Bros. and Paramount merge without a fight,” California Atty. Gen. Rob Bonta said in announcing the states’ action. A hearing on the motion is scheduled for Friday in San Francisco federal court.

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There’s more to this development than an effort to block Ellison’s attempt to repave the entertainment landscape for his own benefit, even though, as my colleague Meg James reports, the states’ motion “poses a major headache” for Ellison. It’s also a pointer toward a major restructuring of antitrust enforcement in the United States.

Customarily, state regulators have piggybacked on antitrust cases brought and managed by the federal government. The feds generally have greater resources than most individual states to conduct the investigations that can lead to antitrust lawsuits. States often have relied on the government to craft consistent and coherent theories of antitrust law to undergird their lawsuits.

But the Trump administration’s apparent pullback from aggressive legal pursuit of allegedly anti-competitive mergers has left a vacuum that states have moved to fill. That’s what’s driving their motion to block the Paramount-Warner Bros. deal.

Dating back to the first Trump term, California and other states have enacted new laws resembling federal statutes requiring merger proponents to provide detailed information about planned deals.

States also have filed their own lawsuits to challenge anticompetitive conduct by pharmacy benefit managers and algorithmic pricing that has driven up housing rents via alleged collusion.

States may have an advantage over the federal government in that their regulators can move faster on complex cases than the feds. That’s what happened in the fight against the proposed 2023 merger of supermarket companies Kroger and Albertsons, something that was widely feared to presage higher prices at the shelf.

Although the Federal Trade Commission moved to block the merger, so too did Oregon, Washington and nine other states in court. The companies called off the merger after a state court in Washington and a federal court in Oregon, ruling on that state’s lawsuit, simultaneously enjoined the merger on Dec. 10, 2024. One day later, Albertsons dropped the proposal.

Some supporters of effective antitrust enforcement suggest that the states’ involvement in these cases could be an effective counterweight to the mercurial approach taken toward enforcement under Trump, which seems to be driven by personal pique, as Paul Glastris, editor of the Washington Monthly, has written.

In 2017, Trump’s Justice Department sued to block AT&T’s acquisition of Time Warner, driven by Trump’s irritation over the coverage he received from CNN, which was owned by Time Warner. (I described the lawsuit as Trump’s doing the right thing for the wrong reason.) The merger eventually went through.

The best example of the states’ willingness to supplant the feds as antitrust enforcers in chief is the antitrust case against Live Nation Entertainment. The federal government and 30 states originally filed the case in 2024 in federal court in Manhattan. The lawsuit sought to break up Live Nation, which has controlled scores of top concert venues, in part by forcing it to divest Ticketmaster, the leading entertainment ticketing firm.

A few days after the trial began this spring, the Justice Department reached a settlement with Live Nation. The settlement led to accusations that the White House interfered in the Justice Department’s work on the case, including that Trump himself personally pushed for a settlement and that the deal was reached without the participation or even the knowledge of the Justice Department lawyers handling the case or of the state attorneys general who were participating. The White House referred my request for comment on these accusations to the Justice Department, which didn’t respond.

The states, asserting that the settlement wouldn’t cure Live Nation’s alleged violations of antitrust law, took over the lawsuit — and won. In mid-April, a federal jury found that Live Nation had maintained a monopoly over the live events business, exposing the company to the states’ claims of as much as $700 million in damages and a possible order that it sell Ticketmaster. The company says it will appeal.

The history of antitrust enforcement in the U.S. generally resembles the complaisant stance taken under Trump. Since the enactment of America’s first antitrust statute, the 1890 Sherman Act, industry has generally benefited from lax enforcement, in part because antitrust theory has been ever-changing. During the New Deal, President Franklin Roosevelt suspended antitrust enforcement so his National Recovery Administration could pursue its mandate to suppress industrial competition, which was thought to drive up prices and thereby foster the Great Depression.

The Supreme Court overturned the National Recovery Administration in 1935, though it had already lost credibility. Roosevelt responded in 1938 by appointing Thurman Arnold, a critic of existing antitrust theory, as the Justice Department’s antitrust chief. In his writings, Arnold implied that antitrust law as then interpreted was a fraud aimed at acclimating consumers to ever-larger business combinations through the pretense that “unfair” or “immoral” deals would be barred.

Arnold’s appointment marked what may have been the most productive period in antitrust enforcement. By the time he departed for a federal judgeship in 1943, he had brought more than 50% of all the cases brought under the Sherman Act in its half-century of existence. He broke the auto industry’s stranglehold on consumer auto lending, and started a case that concluded with the Hollywood studios’ forced divestment of their theater chains.

Since then, there have been a few notable antitrust successes, including the 1982 breakup of AT&T. That resulted from a Justice Department antitrust lawsuit launched in 1974. But the consolidation of major industries into fewer and fewer participants, especially in entertainment, has continued with very few roadblocks.

Occasionally, an aggressive enforcer comes into office. That happened under Lina Khan, whom President Biden appointed as chair of the Federal Trade Commission. (The FTC shares antitrust oversight with the Justice Department.)

Khan’s published academic work had taken aim at what she called the lax antitrust treatment of companies such as Amazon. Her argument was that antitrust enforcers’ focus on whether a monopolizing company brought consumers lower prices overlooked the longer-term consequences of giving companies the unfettered right to build market share at the expense of competitors and the free market.

Amazon “has evaded government scrutiny in part through fervently devoting its business strategy and rhetoric to reducing prices for consumers,” Khan wrote in a key article. Once it reached a critical mass, she argued, nothing would stop Amazon from extracting monopoly rents from consumers.

Khan’s aggressive stance on antitrust law earned her the enmity of targets such as Amazon and Facebook, which tried to force her to recuse herself from FTC cases against them. She refused, but due to corporate distaste for her policies, Trump replaced her as FTC chairman on his inauguration day last year.

The Paramount-Warner Bros. deal could be a key test of states’ authority and willingness to take over antitrust enforcement from the federal government. That’s because they’ll be fighting not only resistance from the merger partners, but the government’s conclusion that the deal poses no threat to consumers.

On the other hand, their case at least will be free of the suspicion that the government’s approval owed more to Trump’s friendship with the Ellison family than to sober, painstaking analysis of how reducing the number of big entertainment companies from five to four would be good for the rest of us.

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Iran says peace deal voided, fighting ‘existential war’ after US attacks | US-Israel war on Iran News

Iran’s top negotiator, Mohammed Bagher Ghalibaf, has declared that the country’s armed forces have “complete freedom of action” against the “enemy’s aggression”, after a day of attacks by the United States killed seven Iranian troops.

The attacks on Wednesday were the latest in days of escalating hostilities between Washington and Tehran that appear to have doomed an interim peace deal they agreed to on June 17.

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The US announced several rounds of air strikes on Iran overnight on Tuesday and again on Wednesday, saying its forces hit military targets in Iranian coastal areas near the Strait of Hormuz and on the Greater Tunb island.

Iran’s army said one attack struck a barracks in Bampour in the country’s southeast, killing seven personnel from the 388th Brigade and injuring several others. It pledged to deliver “a decisive response… at the appropriate time”.

Iranian media also reported that an overnight US attack hit a wheat storage facility in the  western Khuzestan province, which the US military denied.

The US announced its latest wave of strikes on Wednesday had begun at 10:30pm Iranian time (19:00 GMT), as Iranian media reported explosions in or near Bandar Abbas, Chabahar and Ahvaz.

Earlier, the US military also said it had redirected two commercial vessels as part of a renewed blockade on Iranian ports, which it began enforcing the night before.

Return to negotiations ‘extremely difficult’

Tehran said the repeated waves of US attacks had voided the memorandum of understanding with Washington that had underpinned the fragile ceasefire. Ghalibaf said Iran was “in an essential and existential war with America” and had no reason to continue adhering to the terms of the peace agreement.

Ministry of Foreign Affairs spokesman Esmaeil Baghaei said Iran had abandoned its commitments under the memorandum because the US had reneged on its side of the deal.

“Our commitments remain in effect only as long as the other side fulfils its pledges,” Baghaei said.

He said Tehran had no plans to engage in further talks with Washington and was focused solely on defending the country.

Reporting from Tehran, Al Jazeera’s Resul Serdar said the latest escalation made a return to negotiations “extremely difficult”.

“There’s now a low-intensity war, new sanctions are back on Iran, and there’s a US blockade again,” Serdar said.

However, he said, “if the Americans commit to the articles of the memorandum of understanding, then the Iranians say they’re open to engaging diplomatically”.

Iran renews attacks on Gulf neighbours

On Wednesday morning, Iran’s Islamic Revolutionary Guard Corps said it targeted the US Fifth Fleet in Bahrain as part of a “crushing response”. It said it also targeted a major US military logistics hub in Mina Abdullah, Kuwait.

Kuwait’s Ministry of Defence said later on Wednesday that it had downed at least four cruise missiles and 21 drones from Iran throughout the day.

Jordan’s military said it had downed three missiles from Iran.

Gulf Cooperation Council Secretary-General Jasem AlBudaiwi condemned the latest “treacherous” Iranian attacks on Bahrain, Kuwait and Jordan, saying they “reveal Iran’s determination to drag the region into further chaos and instability”.

Zeidon Alkinani, founding director of the Arab Perspectives Institute, said that Iran’s continuing attacks on its neighbours had tested the patience of Gulf states, who oppose the US-Israel war on Iran and have staunchly advocated for diplomacy.

“The patience within the Gulf and the view of Iran may fall apart very soon,” Alkinani told Al Jazeera.

Trump says Iran ‘better behave’

US President Donald Trump warned on Tuesday that US attacks against Iran would intensify if the country’s leaders did not return to negotiations, even threatening to “knock out” Iran’s power plants and bridges.

But Trump declined to give Iran a firm deadline when asked on Wednesday, saying: “I don’t ⁠like giving deadlines, but ⁠they pretty ⁠much know; they ⁠know the story… they better ‌behave.”

Ghalibaf said Iran was still balancing diplomacy with military action in pursuit of its national interest.

While Iran has “never welcomed war… we must always be prepared for battle and stand firm to protect our national security and interests”, Ghalibaf said.

“We must also use the tools of diplomacy and negotiation to achieve and solidify our national interests.”

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FCC will vote on lifting TV ownership cap next month

TV station ownership groups may finally get their wish to own more outlets.

Federal Communications Commission Chairman Brendan Carr announced Wednesday that the agency will vote next month to end the rule that allows companies to own no more than two TV stations in a single market. The cap also limits the national coverage of any station owner to 39% limit of the U.S.

Carr said the agency will consider a “case by case” review on station merger and acquisition deals that would result in exceeding the current limits. The commission, which has two Republicans and one Democrat, will vote on Aug. 6.

“Previously, the cap operated as a blanket prohibition on any and all deals that would combine stations in [excess] of the 39% limit — regardless of whether it was a good deal or bad deal for the country,” Carr wrote on the right-wing website Breitbart. “Our new proposal would allow the FCC to approve deals that exceed the 39% cap, but only if doing so would promote the public interest.”

TV station owners and its lobbying group the National Assn. of Broadcasters have been clamoring for a change in the rule, citing the changes in technology that have occurred since the ownership limit. The 39% threshold was set in 2004 when streaming video was still a nascent business.

The station groups say the ability of tech companies such as Google and Netflix to reach every consumer in the U.S. puts them at a disadvantage. At the same time, streaming now accounts for more than 40% of all viewing, according to Nielsen, pulling consumers away from traditional TV. TV stations are also seeing their share of carriage fees from cable and satellite companies shrink due to cord-cutting.

The station groups also argue that declining viewership and revenue make it more challenging to support multiple local TV.news operations in a single market.

But proposed changes to the cap limits have been met with push back from consumer groups and state government officials. They have said station consolidation will result in journalist layoffs and fewer voices for the communities they serve.

Earlier this year, a group of attorneys general filed suit to block Nexstar Media Group’s proposed $6.2-billion acquisition of Tegna, arguing it violates a 112-year-old U.S. antitrust law by knocking out a major competitor. The deal would give Irving, Texas-based Nexstar control of 265 television stations across the country, up from 164. And, in dozens of markets, including San Diego and Sacramento, Nexstar would own multiple TV network affiliates.

U.S. District Court Chief Judge Troy L. Nunley issued a preliminary injunction in April that forbids Nexstar — which owns KTLA-TV Channel 5 in Los Angeles — and Tegna, from combining operations. Nexstar is appealing.

Carr’s proposal would largely put the FCC in charge of picking winners and losers on a case-by-case basis.

When faced with a merger proposal, Carr said the commission would consider such issues as commitment to local journalism and “viewpoint diversity.”

Carr has made his name by threatening to pull the over-the-air broadcast licenses of TV stations that irritate President Trump with their coverage and commentary.

In April, the FCC called for an early review of the licenses for Disney’s eight broadcast TV stations, a day after Trump demanded that ABC fire late-night host Jimmy Kimmel over a joke about First Lady Melania Trump.

Carr also questioned whether ABC’s daytime show “The View,” where negative Trump commentary is rampant, should qualify as a bona fide news program that is exempt from giving equal time to qualified candidates.

Carr’s Breitbart column also reiterated his view that large media companies such as Disney and NBCUniversal parent Comcast hold too much sway over their affiliates.

“New York and Hollywood interests have steamrolled those local TV stations and the broader media market in recent years in ways that run directly counter to the regulatory framework that Congress and the FCC put in place,” he wrote. “Their national programs naturally reflect the values of the New York and Hollywood executives that produce them. This power imbalance has contributed to a steady decline in locally produced news — and with it, a weakening of the public’s trust in the media.”

How owning more stations would give groups leverage in their dealings with networks is unclear. The networks control the rights to the NFL — the No. 1 TV ratings attraction for broadcast television by a mile. Stations pay the networks compensation for those games, which they use when negotiating the carriage fees they receive from cable and satellite companies.

Times staff writer Meg James contributed to this report.

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WGA sues Paramount, claiming Warner Bros. acquisition would take away jobs

The Writers Guild of America sued Paramount on Tuesday, alleging that the company’s planned $111-billion acquisition of Warner Bros. Discovery violates federal antitrust law.
The union said that with fewer competitors, the merged Paramount-Warner Bros. Discovery business would be able to lower costs by reducing writers’ wages and work.

“Writers will be paid less and have fewer employment opportunities,” the WGA said in its lawsuit.

The move comes a day after California Atty. Gen. Rob Bonta led a coalition of 12 Democratic state attorneys general who filed a federal lawsuit to block Paramount Skydance’s $111-billion merger with Warner Bros. Discovery.

Bonta has separately asked a judge in San Francisco for a temporary restraining order to hold up the deal while his case is pending in court.

“We feel we have a very strong case,” Bonta said Tuesday during a town hall meeting. “This proposed merger will raise prices. It will lower quality. It will reduce output. It will hurt the American people, and it’ll hurt the the economy and competition.”

The writers guild’s missive creates a second line of attack against tech scion David Ellison’s industry-reshaping deal.

Ellison’s proposed merger has been moving closer to the finish line after securing approvals from the U.S. Justice Department and numerous other foreign governments. President Trump, an ally of Ellison’s billionaire father Larry Ellison, favors the deal.

David Ellison wants to close the deal by September to avoid a higher payout to Warner Bros. Discovery shareholders.

A Paramount spokeswoman said the company is reviewing the lawsuit.

The proposed merger has sparked fears in Hollywood that it would bring thousands of job losses — similar to past consolidations, including Walt Disney Co.’s 2019 takeover of Fox entertainment properties.

“The Writers Guild of America will not stand idly by as Paramount attempts to violate our country’s antitrust laws and deepen the contraction entertainment workers already feel,” said Writers Guild of America East President Tom Fontana in a statement. “This proposed combined entity would be the largest employer of writers, with tremendous power to suppress our wages, eliminate opportunities for emerging writers, cut jobs across the industry, and produce less programming, affecting the range of storytelling. This merger is not inevitable and we are fighting to stop it.”

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USC and Nike agree to extend apparel deal for 10 years

The Swoosh is staying at USC for the foreseeable future.

USC and Nike agreed this week to a 10-year extension of their all-sports apparel deal through 2036, the school announced on Tuesday.

Their partnership was already among the longest-running apparel deals in college athletics. Now it’s ensured to carry into its fifth decade.

“USC and Nike have grown together for more than 30 years,” athletic director Jennifer Cohen said in a statement, “and we are thrilled to continue one of the great partnerships in college athletics.”

At the time that USC first signed exclusively with Nike, such corporate sponsorships were a relatively new revenue stream for the school. Now, in the revenue-sharing era, they’ve become a ubiquitous — and essential — part of operating an athletic department.

This new deal should look a bit different than the last few times that USC extended their apparel deal with Nike. For one, it includes an NIL component, with select top-tier Trojan athletes slated to score their own NIL deals with Nike.

As part of the extension, USC’s new Bloom Football Performance Center will become the first facility in the nation fully outfitted with Nike strength equipment. Nike also agreed to design “custom uniform collections” for the USC men’s and women’s basketball programs and to renovate the USC Bookstore.

The financial terms of the deal were not disclosed. Other Big Ten schools signed with Nike signed during a stretch between 2015 and 2016 that became an apparel arms race around college football. Ohio State signed a 15-year, $252-million deal with Nike in 2016, while Michigan inked an 11-year, $174-million deal with Nike and Jordan Brand.

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Man Utd sign Youri Tielemans from Aston Villa on five-year deal

Manchester United have completed the signing of Youri Tielemans from Aston Villa on a five-year deal.

United have met a release clause of £35m for the 29-year-old midfielder, who has just helped Belgium reach the World Cup quarter-finals.

Tielemans has spent the past three seasons with Villa, having initially moved to the Premier League to join Leicester City in 2019.

“It’s hard to describe just how proud I am to join Manchester United,” he said. “Signing for such a special club feels incredible.

“It is the culmination of years of dedication since I first fell in love with football.”

Tielemans will wear the number 18 shirt vacated by fellow midfielder Casemiro, who left Old Trafford when his contract expired at the end of the season.

A former team-mate of United’s current first-team coach Jonny Evans, Tielemans is noted for scoring Leicester’s winner against Chelsea in the 2021 FA Cup final and for Aston Villa in their Europa League final triumph over Freiburg in May.

He made his senior debut for Anderlecht aged 16 years and 82 days, and left for Monaco in 2017, just after his 20th birthday.

Despite still being in his 20s, Tielemans has already played 668 games for club and country, scoring 79 from 578 club appearances.

United’s director of football Jason Wilcox said: “Youri has consistently been one of the most outstanding midfielders in the Premier League throughout the past seven years.

“He has all of the technical qualities, as well as the ambition and mentality, to thrive at Manchester United.

“Youri’s consistency is exceptional, and he will add further composure, creativity and leadership to our squad.”

Last season, Tielemans suffered separate calf and ankle problems that restricted him to 35 appearances in all competitions for Villa, the lowest number in a campaign during his time in England.

He scored a memorable 89th-minute equaliser at the World Cup for Belgium against Senegal, and then converted an extra-time winner from the penalty spot for his 15th goal from 90 caps as they won 3-2.

But his tournament came to a premature end when he was injured in the warm-up before Belgium’s 2-1 quarter-final defeat by Spain.

Tielemans’ signing follows that of fellow midfielder Andrey Santos and goalkeeper Karl Darlow, while a move for Atalanta midfielder Ederson has been put on hold.

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Lakers sign Ziaire Williams to one-year, $3-million contract

The Lakers signed free-agent forward Ziaire Williams to a one-year, $3-million deal on Monday, people not authorized to speak on the matter publicly confirmed to The Times.

Williams, 24, was available after the Brooklyn Nets declined his team option of $6.25 million, making him an unrestricted free agent.

The 6-foot-9 Williams gives the Lakers an athletic wing player. He averaged a career-high 10.2 points last season in 56 games, 13 as a starter.

He shot 42.5% from the field and 34.3% from three-point range.

NBA scouts who requested anonymity to speak candidly on the matter said Williams is athletic but hasn’t figure out his game yet. He’s seen as an inconsistent three-point shooter.

Williams, who attended Sierra Canyon High with Bronny James and Stanford, gives the Lakers a maximum 15 roster players.

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Life after LeBron: Austin Reaves embracing new-look Lakers roster

From the time Austin Reaves joined the Lakers in 2021 as an undrafted prospect, his basketball life centered around playing with a savant in LeBron James.

That no longer will be the case.

Reaves re-signed with the Lakers on a four-year, $185-million deal, but James decided to move on as he prepares to play an unprecedented 24th season.

Reaves was stunned when he heard about James’ decision while playing golf in Lake Tahoe. Nearly two weeks later, Reaves says he still is trying to process the development.

“I kind of was thinking about it last night when I got here,” Reaves said Monday in his first news conference since re-signing. “Starting the season without him being on the team is going to be different for me. He’s kind of all I’ve ever known. Just him being around, joking around, acting like he’s 15. But that’s his decision and like I said in Tahoe, anytime I’ve talked about it, I got nothing but love and respect for him and yeah, let’s play some golf soon.”

The contract Reaves signed was the richest in NBA history for an undrafted player. At 28 and entering his sixth season, Reaves wanted to stay in L.A.

“I wanted to be a Laker the whole time. We had that period from when the season ended until the first [of July] to get something done and we figured it out before then,” he said. “My heart was in L.A. the whole time.”

Reaves will become one of the de facto leaders of the Lakers along with Luka Doncic. The two once again will be one of the most dynamic backcourts in the NBA.

“Obviously my relationship with the guys that were on the team last year,” Reaves said of why he wanted to stay. “And then Luka. I mean, he’s one of my best friends on this planet. Talk to him almost every single day. He sends me videos of his golf swing and asks me what he can do to get better and I tell him I’m not a coach.”

The Lakers have overhauled the roster: All the players who started alongside Reaves in the playoffs last spring are gone. With the signing of former Brooklyn Nets forward Ziaire Williams on Monday, the Lakers have nine new players, all of them arriving either via trades, free agency or the draft.

“They’re good,” Reaves said of the moves. “Obviously, I’ve been with the guys that are leaving for a couple years and with Bron for five years and I hate to see guys like that go. But the pieces that are coming in, I’m very excited about and I’m happy to get started today and see where it goes.”

Walker Kessler dunks during a game between the Utah Jazz and Cleveland Cavaliers on March 23.

Walker Kessler dunks during a game between the Utah Jazz and Cleveland Cavaliers on March 23.

(Rob Gray / Associated Press)

One of those new players is Walker Kessler, a 7-foot-2 center the Lakers felt fit best around Doncic and Reaves because he’s a lob threat, rim-protector and good defender and is developing his three-point shooting.

The Lakers got him from the Utah Jazz in a trade and then signed him to a four-year, $130-million contract. The Lakers sent out two unprotected first-round picks (2031, 2033) and two first-round pick swaps (2028, 2030).

Kessler, who played only five games last season after having surgery to repair a torn labrum in his left shoulder, is aware the Lakers paid a big price to get him.

“It definitely makes you feel a certain way when you know an organization believes in you,” Kessler said Monday in his introduction. “And I think what they’ve invested, they’re showing that belief in a monetary value, not just with money, but like you said, assets. And for me, I’m somebody that if I know that they have that belief in me, I’m gonna run through a brick wall for them. That’s just how I’ve been wired my whole life and it definitely makes it a lot easier to go out there and compete for a team.”

Power forward Sandro Mamukelashvili could become a fan favorite, in part because of the tattoo he has on his lower left leg — a No. 24 in honor of Kobe Bryant.

Mamukelashvili, who signed a four-year, $52-million deal, averaged 11.2 points last season with the Toronto Raptors and shot 52.3% from the field, including 38.9% from three-point range.

“I got a Mamba Mentality tattoo. I just love his mindset,” Mamukelashvili said. “Growing up, I used to always say, “Mah-moo Mentality!’ So, I know it’s a little far from each other. But we are getting closer.”

When guard Collin Sexton, another new Laker, was drafted by the Cleveland Cavaliers in 2018, James left and signed with the Lakers. When Sexton signed a two-year, $19-million deal with the Lakers this month, James left again.

Sexton could only laugh about missing out on playing with James.

“He’s just leaving every time I arrive,” Sexton said, laughing. “That’s what it is. No, but one of the other coaches made the same joke yesterday. It’s cool, I know. I’ve always wanted to team up with him for sure, but it’s definitely cool knowing him and just having normal conversations and stuff, so that’s cool.”

Sexton averaged 15.4 points and shot 48.5% last season with Chicago and Charlotte. He’s ready for whatever role coach JJ Redick and the Lakers want for him.

“They believe in me,” he said. “And I just feel like at the end of the day, whenever a coach believes in you and like he said, he’s going to be hard on me and yelling and screaming at me. So, I like that. I think that’s what gets the best from me.”

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Johan Manzambi transfer news: Aston Villa looking to complete a deal for Switzerland midfielder

This is a painful case of deja vu for Newcastle.

It was just a few weeks ago that the club lost out on another top target, Victor Munoz, who opted to join Liverpool.

Talent identification is clearly not the issue.

Newcastle have targeted Manzambi, Munoz, Hugo Ekitike, Joao Pedro, Benjamin Sesko and James Trafford in the last 12 months.

But losing out to Aston Villa for a top target would be another real setback in the transfer market for Newcastle.

If Newcastle miss out, the big question is can the club discreetly pivot to another promising target, as they did with Bazoumana Toure after Munoz went elsewhere?

On one hand, there is plenty of time left in the window to do just that and strengthen other areas of the side.

On the other, there is a lot of work to do and little margin for any further knockbacks.

The sight of those players not involved at the World Cup returning for pre-season training on Monday was a timely reminder of that.

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