Paramount Global has secured a five-year extension with the creators of South Park, agreeing to a deal worth over $1.25 billion, one of the largest in television history. American Eagle Outfitters saw its shares rise after launching a denim campaign featuring actress Sydney Sweeney, aiming to connect with younger shoppers. The upcoming superhero film Fantastic Four: First Steps is set to focus on the family dynamic of its central characters, according to actor Ebon Moss-Bachrach. United States regulators have approved an $8.4 billion merger between Paramount Global and Skydance Media, consolidating major entertainment properties under David Ellison's leadership.

In other news, a Marvel-themed popcorn bucket set a world record in Los Angeles, and tributes poured in for Ozzy Osbourne in his hometown of Birmingham following his death. Russia criticized Italy for canceling a concert by conductor Valery Gergiev, citing discrimination. Hulk Hogan, a key figure in professional wrestling, has died at 71, while Grammy-winning jazz musician Chuck Mangione has passed away at 84. Despite fewer celebrity panels, fans enthusiastically attended San Diego Comic-Con. Meanwhile, Hungary has banned Irish rap group Kneecap from performing at a festival, citing accusations of hate speech and controversial political statements.