YNAP Rumblings, Preschlack Your Luck, Columbia ’24

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

First up today, Lauren Sherman digs into a pair of fashion world plot lines consuming industry insiders: the ongoing Frasers-Matches M&A tragedy and the murky fate of the cherished online luxury retailer Net-a-Porter.

Plus, below the fold: Tara Palmeri reveals Ivanka’s political reawakening. Matt Belloni scoops a fresh twist in the Apollo-Skydance footrace for Paramount. John Ourand chronicles Amazon’s latest bid to save Diamond Sports. Scott Mendelson handicaps Hollywood’s summer box office. And on The Powers That Be, Julia Ioffe joins Peter Hamby to candidly discuss the $61 billion Ukraine aid package before delving into the origins of the Columbia mess.

LAUREN SHERMAN

News and notes on a micro-industry in need of reinvention, a savior, and so much more.

A MESSAGE FROM OUR SPONSOR

Across the US, bp supports more than 300,000 jobs to keep our energy flowing. Like building EV charging hubs in Washington state and producing natural gas with fewer operational emissions in Texas.

bp added more than $130 billion to the US economy over the past two years, developing more lower carbon energy and keeping oil & gas flowing. And, not or. See how doing both drives our investment in America.

TARA PALMERI

Out of the spotlight but itching to return, the former first daughter has begun quietly surveying allies about how, and when, she might help the Trump campaign—and possibly find herself back in the White House.

MATTHEW BELLONI

Barring a last-minute reversal, the special committee of the troubled media company is planning to explore Apollo’s finally revealed bid as Skydance mulls walking away.

JOHN OURAND

A Hail Mary from Amazon may save Dave Preschlack’s Diamond Sports from oblivion—and soften the blow of the Comcast “cliff path.”