ANSCHUTZ-BACKED PAPER CONTINUES TO SUPPORT EPA SCOTT PRUITT
The Washington Examiner, a newspaper owned by AEG-owner Phil Anschutz is continuing to rally behind embattled EPA director Scott Pruitt, months after the New York Times revealed that Pruitt traveled to Denver for a tax-payer funded meeting with Anschutz. The news comes via a tweet this morning from NY Times reporter Eric Lipton after the Examiner published a story called “The Swamp is Trying to Drown Eric Pruitt — Don’t Let it Happen.” Pruitt has been charged with a litany of ethics violations since taking office, including using a lobbyist connected to the University of Oklahoma to buy tickets to the Rose Bowl below market value.
DRAKE’S ‘SCORPION’ BREAKS ONE WEEK STREAMING RECORD
Drake’s Scorpion has already smashed the U.S. one-week streaming record for an album — in just three days. According to industry sources, the set — which was released June 29 via Young Money/Cash Money/Republic Records — has tallied over 435 million on-demand audio streams for its 25 songs in the U.S. through July 1. That sum vaults past the previous record, earned by Post Malone’s beerbongs & bentleys, which earned 431.3 million streams for its songs in the week ending May 3, according to Nielsen Music. Forecasters expect that Scorpion could collect over 700 million streams in the U.S. by the end of the tracking week on July 5.
MSG SHARES SOAR AFTER FLOATING SPINOFF PLANS FOR TEAMS
Madison Square Garden Co. is considering a spinoff of the New York Knicks and New York Rangers and the possible move has Wall Street salivating. The proposal sent the shares up as much as 13 percent to $300.88 on Thursday, an all-time high. The announcement also earned a ratings upgrade from Jefferies LLC analyst John Janedis, who is valuing the Knicks at $3.7 billion and the Rangers at $1.6 billion. The new sports entity would be publicly traded and serve as “a pure-play sports company driven by the strong financial performance of the storied Knicks and Rangers franchises,” Dolan said in a statement.