TRACK MEDIA CONSOLIDATION

“President Trump says the US has begun a blockade of Iranian ports. He's trying to get Tehran to open the Strait of Hormuz and accept a deal to end the war. We can't let a country blackmail or extort the world, because that's what they're doing. They're really blackmailing the world. We're not going to let that happen.”

“The Lebanese Red Cross says its paramedic Hassan Badawi suffered a direct strike by an Israeli drone while carrying out his humanitarian duty during an emergency response mission in Bint Jibail near the Israeli border. The area has been under invasion by Israel, which calls it a Hezbollah stronghold.”

“US. District Court Judge Darren Gales wrote that Trump had failed to allege sufficiently that the journal had acted with what's called actual malice, either knowledge of story is or failure to seek the truth. Gales found the journal had made numerous efforts to verify its reporting and included Trump's denial.”

“More than a thousand movie stars, writers, and directors declared their unequivocal opposition to the proposed Paramount merger with Warner Brothers Discovery In an open letter. A large swath of the industry came out against the $111 billion deal that would consolidate the two legacy studios, arguing it would reduce jobs in an already downsized Hollywood.”

“The NAR is revising its housing forecast down for the year. That's because the war with Iran has raised the cost of borrowing, and that sent mortgage rates up. The association went from rejecting a double-digit increase in existing home sales to just 4%. New home sales are projected to be flat.”