Daily MIC: States Consider Suing, Paramount Considers Moving; “Moana” Live Action Remake Disappoints at Box Office; Meta Axes Controversial AI Feature on Instagram

Research evidence excerpt

Daily MIC: States Consider Suing, Paramount Considers Moving; “Moana” Live Action Remake Disappoints at Box Office; Meta Axes Controversial AI Feature on Instagram

Media, Internet & Communications Daily July 13, 2026

TMT Research Guggenheim

GSTMTResearch@guggenheimpartners.com Daily MIC: States Consider Suing, Paramount

Michael Morris, CFA Considers Moving; “Moana” Live Action Remake michael.morris@guggenheimpartners.com

804 253 8025 Disappoints at Box Office; Meta Axes Controversial AI

Curry Baker Feature on Instagram curry.baker@guggenheimpartners.com

804 253 8029

Charles Wilber RELEVANT, TIMELY OPINION, ANALYSIS AND NEWS FLOW FOR TMT

charles.wilber@guggenheimpartners.com INVESTING

804 335 3977

Latest Research: Taylor Manley

taylor.manley@guggenheimpartners.com SPHR: Baker lifts price target to $188 and updates model as he remains bullish on 804 253 1336 company outlook for additional Sphere announcements, globally known IP, continued

Grayson Glenn ramp of venue utilization, and additional advertising, sponsorship announcements

grayson.glenn@guggenheimpartners.com

804 253 8053 Key News Flow: PSKY, WBD, DIS, META, GOOG/L, SNAP, SSP, TPG, NFLX, VSNT

Upcoming Events:

Ticker Price Rating July 16: May Mobility (Virtual) - Guggenheim Analyst Taylor Manley will be hosting a

SPHR 148.20 Buy virtual group meeting with May Mobility CEO (Dr. Edwin Olson) and CFO (Mr. Thomas

Fennimore) to discuss the company’s proprietary technology, partnership approach, and

Autonomous Vehicle (AV) landscape more generally.

Please contact your Guggenheim Sales Representative for additional details.

LATEST RESEARCH - SNAPSHOT

SPHR: Baker - Updating Model; New Sphere and Content Announcements Are

Key Catalysts Moving Forward (link) - We have updated our model primarily adjusting