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Date: Sat, 15 Feb 2025 14:07:45 +0000
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From: Jon Kelly <jon@puck.news>
To: enzo@showfile.com
Message-Id: <20250215140745.d74118d9a01e4680@cio66752.puck.news>

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Feb 15, 2025

The Backstory ( https://puck.news/newsletters/the-backstory/?utm_campaign=
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PREVIEW VERSION
PREVIEW VERSION

Start
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=E2=80=8A

Jon Kelly
Jon Kelly

Good morning,

=C2=A0

Thanks for reading The Backstory, your weekly review of the best new work a=
t Puck.

=C2=A0

It was an incredible week: Matt Belloni chatted up Netflix content czar Bel=
a Bajaria; Kim Masters explained how Trump resuscitated Brett Ratner=E2=80=
=99s career; Eriq Gardner discovered Disney=E2=80=99s newest
Trump-era legal headache; Dylan Byers captured the heightened turmoil insid=
e CBS; Lauren Sherman gathered the fallout from the Sabato De Sarno exorcis=
m; Rachel Strugatz examined Glossier=E2=80=99s exit options; Sarah Shapiro =
traced Kendrick Lamar=E2=80=99s retail second-order effect; John Ourand got=
 the scuttle on ESPN=E2=80=99s latest renegotiation; Marion Maneker
investigated the art advisory industrial complex; and Bill Cohan dissected =
Goldman=E2=80=99s double-bonus fetish. Meanwhile, Leigh Ann Caldwell uneart=
hed the latest news on Mike Johnson=E2=80=99s legislative dawdling; Peter H=
amby spoke to Rick Caruso about his political future; and John Heilemann pu=
lled out the ol=E2=80=99 constitutional crisis meter.

Check out these stories, and others, via the links below. And stick around =
for the backstory on how it
all came together.

START A FREE 14-DAY TRIAL ( https://puck.news/join/?utm_campaign=3DThe+Back=
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source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

FASHION
FASHION

Lauren Sherman
gets into ( https://puck.news/sabatos-gucci-payout-mystery-and-the-super-bo=
wls-best-dressed/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&ut=
m_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_acti=
on&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Gucci=E2=80=
=99s Sabato postmortem and chronicles ( https://puck.news/why-youre-suddenl=
y-seeing-oscar-de-la-renta-everywhere/?utm_campaign=3DThe+Backstory+-+LEADS=
+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&ut=
m_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d=
48d28 ) Oscar de la Renta=E2=80=99s low-profile media strategy.

and=E2=80=A6

Rachel Strugatz delves ( https://puck.news/glossiers-new-exit-strategy/?utm=
_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backs=
tory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.io&utm_term=3Df6c60615e3d301d48d28 ) into Glossier=E2=80=99s new, fragr=
ance-inflected exit options.

meanwhile=E2=80=A6

Sarah Shapiro identifies ( https://puck.news/is-the-gap-renaissance-just-a-=
marketing-mirage/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&ut=
m_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_acti=
on&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the Gap=E2=80=
=99s make-or-break retail
moment.

=E2=80=8A

ART MARKET
ART MARKET

Marion Maneker
scrutinizes ( https://puck.news/why-is-there-no-mega-agency-of-art-advisors=
/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+=
Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3D=
customer.io&utm_term=3Df6c60615e3d301d48d28 ) the advisor trade and parses =
( https://puck.news/caspar-david-friedrich-at-the-met-a-show-for-the-trump-=
era/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DT=
he+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) a politically loaded retro=
spective.

and=E2=80=A6

Julie Davich
conveys ( https://puck.news/newsletter_content/remnick-on-a-i-ari-unchained=
-lorne-mania-3/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_=
content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action=
&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the buying oppo=
rtunities in Gstaad.

=E2=80=8A

HOLLYWOOD
HOLLYWOOD

Matt Belloni
chats with ( https://puck.news/emilia-perez-scandal-a-bummer-per-netflix-cc=
o/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe=
+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Bela Bajaria, Netflix=E2=
=80=99s chief content officer, about the Emilia P=C3=A9rez Oscar scandal.

and=E2=80=A6

Kim Masters
unveils ( https://puck.news/how-brett-ratner-wound-up-helming-amazons-40-mi=
llion-melania-trump-documentary/?utm_campaign=3DThe+Backstory+-+LEADS+%282%=
2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medi=
um=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 =
) the bizarre origin of Amazon=E2=80=99s Melania doc.

meanwhile=E2=80=A6

Eriq Gardner unearths ( https://puck.news/two-hollywood-vaccine-mandate-cas=
es-could-soon-face-a-jury/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2=
F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
a loaded Disney culture war suit.

=E2=80=8A

WALL STREET
WALL STREET

Bill Cohan
prophesies ( https://puck.news/trumps-carried-interest-insurrection/?utm_ca=
mpaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstor=
y+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer=
=2Eio&utm_term=3Df6c60615e3d301d48d28 )=20=
about the carried interest threat and=
 offers ( https://puck.news/the-latest-wall-street-trend-double-bonuses/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Back=
story+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcust=
omer.io&utm_term=3Df6c60615e3d301d48d28 ) some Goldman kremlinology.

=E2=80=8A

MEDIA
MEDIA

Dylan Byers
captures ( https://puck.news/cbs-news-very-bad-year-is-not-getting-better/?=
utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Ba=
ckstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcu=
stomer.io&utm_term=3Df6c60615e3d301d48d28 ) the latest pillow screams at CB=
S and some brewing ( https://puck.news/how-can-legacy-media-futureproof-its=
elf-against-ai/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_=
content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action=
&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) A.I. legal beef=
s.

and=E2=80=A6

John Ourand
has the latest details ( https://puck.news/espn-eyes-out-clause-in-mlb-deal=
/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+=
Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3D=
customer.io&utm_term=3Df6c60615e3d301d48d28 ) on the ESPN-MLB renegotiation=
=E2=80=A6 and Bristol=E2=80=99s NFL media deal heat ( https://puck.news/cou=
ld-espn-take-redzone-off-the-nfls-hands/?utm_campaign=3DThe+Backstory+-+LEA=
DS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&=
utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d30=
1d48d28 ).

=E2=80=8A

WASHINGTON
WASHINGTON

Leigh Ann Caldwell
diagnoses ( https://puck.news/the-house-gop-may-once-again-need-dem-help-to=
-pass-a-budget/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_=
content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action=
&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Mike Johnson=E2=
=80=99s one-bill-versus-two-bill-itis and Trump=E2=80=99s very own Chip Roy=
 problem.

and=E2=80=A6

John Heilemann
asks ( https://puck.news/laurence-tribe-on-trumps-looming-constitutional-cr=
ises/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3D=
The+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_sourc=
e=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Laurence Tribe to assess =
our constitutional precarity.

meanwhile=E2=80=A6

Peter Hamby presages ( https://puck.news/rick-caruso-political-ambitions-ex=
pand-beyond-los-angeles/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F2=
5%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Dema=
il_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the
Kamala-Caruso showdown in California.

=E2=80=8A

PODCASTS
PODCASTS

=F0=9F=8E=A7 Dylan questions David Remnick,
the legendary editor of The New Yorker, about his A.I. anxieties on The Gri=
ll Room ( https://puck.news/podcast_episode/david-remnick-on-the-new-yorker=
s-centennial/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_co=
ntent=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&u=
tm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).=C2=A0

and=E2=80=A6

Ourand asks NBA scoop machine Shams Charania how he landed the Luka-A.D. ex=
clusive on
The Varsity ( https://puck.news/podcast_episode/shams-art-of-the-scoop/?utm=
_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backs=
tory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.io&utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Heilemann talks to Shams=E2=80=99s predecessor, Adrian Wojnarowski, on Impo=
litic ( https://puck.news/podcast_episode/adrian-wojnarowski-lukas-lebron-l=
ove-boosting-the-bonnies-life-beyond-woj-bombs/?utm_campaign=3DThe+Backstor=
y+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2=
F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c606=
15e3d301d48d28 ).

and=E2=80=A6

Lauren welcomes the designer Todd Snyder on Fashion People ( https://puck.n=
ews/podcast_episode/the-man-who-dresses-35-9-percent-of-america/?utm_campai=
gn=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+=
LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&=
utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Listen to the first of Matt=E2=80=99s two-part interview with Bela on
The Town ( https://puck.news/podcast_episode/netflix-vs-everyone-with-conte=
nt-chief-bela-bajaria-part-1/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F1=
5%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=
=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).=
=C2=A0=C2=A0

and=E2=80=A6

Tara Palmeri discusses Pennsylvania=E2=80=99s red turn with Rep. Brendan Bo=
yle on
Somebody=E2=80=99s Gotta Win ( https://puck.news/podcast_episode/rep-brenda=
n-boyle-on-the-doge-heads-and-how-the-democrats-lost-p-a/?utm_campaign=3DTh=
e+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%=
282%2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_ter=
m=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Kim explains how the Trumps rescued Brett Ratner from the penalty box on
The Powers That Be ( https://puck.news/podcast_episode/the-mar-lago-story-b=
ehind-amazons-40m-melania-deal/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2=
F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_mediu=
m=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )=
=2E

As a reminder, you can update your profile at any time to get more stories =
like these directly in your
inbox. Click here ( https://puck.news/newsletters/?utm_campaign=3DThe+Backs=
tory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F1=
5%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c=
60615e3d301d48d28 ) to customize your email settings.

=E2=80=8A

All the
President=E2=80=99s Yes-Men
---------------------

It=E2=80=99s hard to ignore the sensation that we=E2=80=99re living through=
 strange days, with cultural
micro-convulsions occurring at nearly breakneck speed. To wit: It seemed li=
ke only a few weeks ago that Congress prioritized its stewardship of our na=
tional purse, USAID stood as an heirloom of Kennedy-era internationalism, a=
nd the body of water along Florida=E2=80=99s western coast was inarguably k=
nown as the Gulf of Mexico.=C2=A0

=C2=A0

Similarly, it wasn=E2=80=99t so long ago that Elon Musk
seemed like a lonely zillionaire=E2=80=94largely a threat only to himself a=
nd the denizens of X, the platform not so long ago known as Twitter. Back i=
n the quaint days of a couple months ago, Bobby Kennedy Jr. was a Covid-era=
 quack and drive-by presidential candidate most notable for his recent digi=
tal tryst with Olivia Nuzzi. For his part, Pete Hegseth was a pretty boy TV=
 host with a Luke Perry streak, and
Karen Bass seemed like a shoe-in to win reelection as Los Angeles mayor. Ti=
me flies. When was the last time you read about Kamala Harris or Tim Walz? =
The erstwhile ticket members now seem like minor figures from a distant civ=
ilization.

=C2=A0

The shock and awe of the second Trump era has been arresting in more ways t=
han one, with endless observers
hypothesizing about when a new chapter will begin=E2=80=94one perhaps catal=
yzed by Democratic resistance or some behind-the-scenes fracturing within t=
he G.O.P. But I wondered whether a more insidious threat had already emerge=
d: Earlier this month, I=E2=80=99d learned that the administration was kick=
ing the tires on closing the carried interest loophole, the mother=E2=80=99=
s milk of the ~$6 trillion private equity industry.=C2=A0=C2=A0

A MESSAGE FROM OUR SPONSOR

Sugarcane ( https://ad.doubleclick.net/ddm/trackclk/N494401.4235921PUCK/B33=
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ckstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%=
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Sugarcane ( https://ad.doubleclick.net/ddm/trackclk/N494401.4235921PUCK/B33=
177369.414768478;dc_trk_aid=3D607285662;dc_trk_cid=3D229379374;dc_lat=3D;dc=
_rdid=3D;tag_for_child_directed_treatment=3D;tfua=3D;gdpr=3D$%7BGDPR%7D;gdp=
r_consent=3D$%7BGDPR_CONSENT_755%7D;ltd=3D;dc_tdv=3D1?utm_campaign=3DThe+Ba=
ckstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%=
2F15%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3D=
f6c60615e3d301d48d28 )

SUGARCANE follows a groundbreaking investigation that exposes a shocking co=
ver up of cultural genocide perpetrated by the church and
government, while also illuminating the enduring love, courage and beauty o=
f an Indigenous community. Described by The New York Times as "a must-see f=
ilm...stunning.=E2=80=9D=C2=A0 For your consideration in Best Documentary F=
eature, SUGARCANE is now streaming on Disney Plus and Hulu. To uncover a gl=
impse of the truth, watch the trailer ( https://www.youtube.com/watch?v=3DC=
isI_WFPDOk&utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_conte=
nt=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demail_action&utm_=
source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

Carry, after all, represents a deal partner=E2=80=99s position in a company=
=2E And for ages, the
loophole has allowed P.E. executives to have their liquidity taxed as capit=
al gains (23.8 percent) rather than income, which is probably around 41 per=
cent for this crowd. Having spent a couple years in the higher calling of P=
=2EE., I appreciate how this incentiviz=
ation structure works: The lower tax c=
onsequences encourage general partners to put money at risk, to invest or b=
uy into companies, when they could divert it elsewhere. Regardless, the car=
ried interest loophole remains as unpopular
politically as it is sacred on 57th Street. So when I heard that Trump was =
considering closing it, I asked my partner Bill Cohan to call his friends a=
nd sources at the top of the industry and take their temperature. Did Trump=
=E2=80=99s donors and pals view this as a fatwa?

=C2=A0

After rolling calls with eminences across the industry, Bill delivered his =
latest masterpiece:
Trump=E2=80=99s Carried Interest Insurrection ( https://puck.news/trumps-ca=
rried-interest-insurrection/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15=
%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=
=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ),=
 which artfully conveyed the complexity of the situation. Indeed, the vibes=
 were mixed, but a number of investors actually championed Trump=E2=80=99s =
decision=E2=80=94these dealmakers were betting that Trump was trying to pla=
cate his base, but would never actually push to sew up the loophole. Reveal=
ingly, the whole scenario reminded Bill
of a conversation he=E2=80=99d had with Apollo C.E.O. Marc Rowan a couple y=
ears earlier. =E2=80=9CWhy do you think the carried interest tax comes up e=
very time there=E2=80=99s an election?=E2=80=9D Rowan asked Bill, rhetorica=
lly, at the time. =E2=80=9CBecause the Dems know it=E2=80=99s good for the =
unions and the Republicans know it=E2=80=99s good for squeezing money out o=
f private equity. And the last thing they want to do is actually solve the =
issue because, God forbid, they wouldn=E2=80=99t be able to fundraise off o=
f it. Why solve
anything? Why not just have emotional issues that you can perpetuate?=E2=80=
=9D Perhaps not everything in the culture is changing as we speak.

=C2=A0

But if you have time to read only one piece this weekend, I=E2=80=99d turn =
your attention to Peter Hamby=E2=80=99s excellent story on Rick Caruso=E2=
=80=99s post-fires political awakening in Los Angeles. The developer, who l=
ost the =E2=80=9922 mayoral race to Bass,
is apparently deciding whether he wants a rematch=E2=80=94or to try his han=
d at the governor=E2=80=99s mansion, which would put him squarely in the cr=
osshairs of Harris, who is ostensibly eyeing that seat. In Caruso, Kamala, =
and the Battle for L.A. ( https://puck.news/rick-caruso-political-ambitions=
-expand-beyond-los-angeles/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%=
2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3D=
email_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ), Pe=
ter gracefully articulates the endless and intractable nuances of the polit=
ical situation. Caruso, of course, has
been portrayed as a Trumpian figure, but he also projects a kind of can-do =
aplomb that=E2=80=99s currently appealing in the Democratic diaspora of L.A=
=2E (As a lifelong New Yorker, I=E2=
=80=99m reminded of Giuliani=E2=80=99s app=
eal to citydwellers after the Koch=E2=80=93Dinkins era. That story, of cour=
se, took a weird twist.)

=C2=A0

Caruso also seems to define himself as a post-partisan
bullshit assassin=E2=80=94the kind of guy made for a new era when old polit=
ical fault lines seem outdated. You may not agree with his politics, but I =
have to admit I found his worldview at least a little refreshing=E2=80=94a =
positive development, as it were, amid a cavalcade of disturbing regression=
s. =E2=80=9CI think we=E2=80=99ve got to get out of the business of, if you=
 have an R behind your name or a D behind your name, you=E2=80=99re either =
right or you=E2=80=99re wrong, or you=E2=80=99re not allowed to talk to eac=
h other,=E2=80=9D Caruso told Peter.
=E2=80=9CIt=E2=80=99s just such a foolish way to try to manage this country=
=2E Donald Trump is the president of th=
e United States, period. End of story.=
 And we need his help and we need federal dollars. And I was grateful that =
he was actually pushing the elected officials, Get this done. Now we need m=
ore of that. So of course I would work with Trump. I would have worked with=
 Joe Biden. That doesn=E2=80=99t matter, and it shouldn=E2=80=99t matter to=
 anybody.=E2=80=9D

=C2=A0

Indeed, more than anything else, this realignment is the story of our time=
=E2=80=94and it=E2=80=99s one with endless applications across our economy.=
 It=E2=80=99s also precisely what you should expect to read about in Puck.

=E2=80=8A

Have a great weekend,

Jon

P.S.: In case you were wondering=E2=80=94as my partner Abby Livingston repo=
rted ( https://puck.news/newsletter_content/kamala-vs-caruso-trump-vs-mitch=
-minnesota-not-so-nice/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F15%2F25=
%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_medium=3Demai=
l_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) this we=
ek=E2=80=94Walz is also eyeing his next job: the soon-to-be-vacant Senate s=
eat in Minnesota.=C2=A0

Start your free trial today ( https://puck.news/join/?utm_campaign=3DThe+Ba=
ckstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%=
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f6c60615e3d301d48d28 )

Puck

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615e3d301d48d28 )

Need help? Review our=C2=A0FAQ page ( https://puck.news/faq/?utm_campaign=
=3DThe+Backstory+-+LEADS+%282%2F15%2F25%29&utm_content=3DThe+Backstory+-+LE=
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=E2=80=8A

Puck is published by Heat Media LLC.=C2=A0107=C2=A0Greenwich=C2=A0St, New Y=
ork, NY 10006
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ht: 0px; overflow: hidden; mso-hide:all;">Thanks for reading The Backstory,=
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: Matt Belloni chatted up Netflix content czar Bela Bajaria; Kim Masters ex=
plained how Trump resuscitated Brett Ratner=E2=80=99s career; Eriq Gardner =
discovered Disney=E2=80=99s newest Trump-era legal headache; Dylan Byers ca=
ptured the heightened turmoil inside CBS; Lauren Sherman gathered the fallo=
ut from the Sabato De Sarno exorcism.</div>
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ackstory, your weekly review of the best new work at Puck.</p><p style=3D"m=
argin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">It was an incr=
edible week: <strong>Matt Belloni </strong>chatted up Netflix content czar =
<strong>Bela Bajaria</strong>; <strong>Kim Masters </strong>explained how <=
strong>Trump </strong>resuscitated <strong>Brett Ratner</strong>=E2=80=99s =
career; <strong>Eriq Gardner </strong>discovered Disney=E2=80=99s newest
<strong>Trump</strong>-era legal headache; <strong>Dylan Byers </strong>cap=
tured the heightened turmoil inside CBS; <strong>Lauren Sherman </strong>ga=
thered the fallout from the <strong>Sabato De Sarno </strong>exorcism; <str=
ong>Rachel Strugatz </strong>examined Glossier=E2=80=99s exit options; <str=
ong>Sarah Shapiro </strong>traced <strong>Kendrick Lamar</strong>=E2=80=99s=
 retail second-order effect; <strong>John Ourand </strong>got the scuttle o=
n ESPN=E2=80=99s latest renegotiation; <strong>Marion Maneker
</strong>investigated the art advisory industrial complex; and <strong>Bill=
 Cohan </strong>dissected Goldman=E2=80=99s double-bonus fetish. Meanwhile,=
 <strong>Leigh Ann Caldwell </strong>unearthed the latest news on <strong>M=
ike Johnson</strong>=E2=80=99s legislative dawdling; <strong>Peter Hamby </=
strong>spoke to <strong>Rick Caruso </strong>about his political future; an=
d <strong>John Heilemann </strong>pulled out the ol=E2=80=99 constitutional=
 crisis meter.</p></div>
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letter-spacing:0px;line-height:120%;text-align:left;mso-line-height-alt:20.=
4px;"><p style=3D"margin:0;">SUGARCANE follows a groundbreaking investigati=
on that exposes a shocking cover up of cultural genocide perpetrated by the=
 church and
government, while also illuminating the enduring love, courage and beauty o=
f an Indigenous community. Described by The New York Times as &#34;a must-s=
ee film...stunning.=E2=80=9D=C2=A0 For your consideration in Best Documenta=
ry Feature, SUGARCANE is now streaming on Disney Plus and Hulu. To uncover =
a glimpse of the truth, <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9p=
ZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR=
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lnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29ud=
GVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVk=
aXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGV=
ybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMj=
giLCJsaW5rX2lkIjoyMDgzNDY1fQ/0b23343ada3b0058107cbc2d8750e0d901ef8229acff5f=
3cda5e5d890ba35031" style=3D"text-decoration:underline;color:#d40000;">watc=
h the trailer</a>.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;text-a=
lign:left;line-height:0;"><tbody><tr><td style=3D"vertical-align:middle;col=
or:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-size:=
20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"FASHION" src=3D"https://userimg-assets.c=
ustomeriomail.com/images/client-env-107382/1729520868807_tbs-icon-fashion_0=
1JAQQM7F4X1VMN1QPH2NRBDZ8.png" height=3D"auto" width=3D"48" align=3D"center=
" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">FASHION
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;word-break:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;=
padding-top:16px;"><div style=3D"color:#000000;direction:ltr;font-family:&#=
39;Inter&#39;,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing=
:0px;line-height:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=
=3D"margin:0;margin-bottom:16px;"><strong>Lauren Sherman
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvc2FiYXRvcy1ndWNjaS1wYXlvdXQtbXlzdGVyeS1hbmQtdGhlLXN1cGVyLWJvd2xzLWJlc=
3QtZHJlc3NlZC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUl=
MkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTU=
lMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdX=
N0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiO=
iJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwODY0MTJ9/a422f1b0146fcdb9e98=
783cb75d1c59494955bde0d4a75ccb80fe68396d37666" style=3D"text-decoration:und=
erline;color:#d40000;">gets into</a> Gucci=E2=80=99s <strong>Sabato </stron=
g>postmortem and <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImR=
nVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly=
9wdWNrLm5ld3Mvd2h5LXlvdXJlLXN1ZGRlbmx5LXNlZWluZy1vc2Nhci1kZS1sYS1yZW50YS1ld=
mVyeXdoZXJlLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUy=
RjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSU=
yRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3=
RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6I=
mY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA4MjMwNH0/bf32ca452f401f949651=
5cf1e99f0eccbf7deca4eb5a3f1cd1e25e51a7c7c201" style=3D"text-decoration:unde=
rline;color:#d40000;">chronicles</a> Oscar de la Renta=E2=80=99s low-profil=
e media strategy.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=
=80=A6</em></p><p style=3D"margin:0;margin-bottom:
16px;"><strong>Rachel Strugatz </strong><a href=3D"https://email.puck.news/=
e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0=
iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZ2xvc3NpZXJzLW5ldy1leGl0LXN0cmF0ZWd5Lz=
91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwM=
DI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUw=
MDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHU=
wMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZT=
NkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA4MTcxNn0/2303f0fd1c8130ea47e3bd50597ad60ac=
7555fa2ae2531073a10a9c129e83899" style=3D"text-decoration:underline;color:#=
d40000;">delves</a> into Glossier=E2=80=99s new, fragrance-inflected exit o=
ptions.</p><p style=3D"margin:0;margin-bottom:16px;"><em>meanwhile=E2=80=A6=
</em></p><p style=3D"margin:0;"><strong>Sarah Shapiro </strong><a href=3D"h=
ttps://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vr=
b3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaXMtdGhlLWdhcC1=
yZW5haXNzYW5jZS1qdXN0LWEtbWFya2V0aW5nLW1pcmFnZS8_dXRtX2NhbXBhaWduPVRoZStCYW=
Nrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCY=
WNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxf=
YWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE=
1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaW=
QiOjIwNzk5MjF9/7b38a0e3c6a7840a02a01a26295c5c92e6177fc4e48b1983efd1f47db337=
1bf3" style=3D"text-decoration:underline;color:#d40000;">identifies</a> the=
 Gap=E2=80=99s make-or-break retail
moment.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"ART MARKET" src=3D"https://userimg-asset=
s.customeriomail.com/images/client-env-107382/1729520868285_tbs-icon-art_01=
JAQQM732KCZHXS8XJBMTGS8Y.png" height=3D"auto" width=3D"48" align=3D"center"=
 style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">ART MARKET
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Marion Maneker</strong>
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2h=
5LWlzLXRoZXJlLW5vLW1lZ2EtYWdlbmN5LW9mLWFydC1hZHZpc29ycy8_dXRtX2NhbXBhaWduPV=
RoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50P=
VRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09=
ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY=
2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
xpbmtfaWQiOjIwODUxNjB9/970bb244a79d38f2b4adab86b6973725ca8bcfcb5904b69d8903=
4434d441541d" style=3D"text-decoration:underline;color:#d40000;">scrutinize=
s</a> the advisor trade and <a href=3D"https://email.puck.news/e/c/eyJlbWFp=
bF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjo=
iaHR0cHM6Ly9wdWNrLm5ld3MvY2FzcGFyLWRhdmlkLWZyaWVkcmljaC1hdC10aGUtbWV0LWEtc2=
hvdy1mb3ItdGhlLXRydW1wLWVyYS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEU=
yslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFE=
UyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXR=
tX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Ii=
wiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwNzk1Mjh9/1b29=
b1d44daefbdd528ab8d672fb7b42a58e7127cac732fb337b8efed9e6ccb1" style=3D"text=
-decoration:underline;color:#d40000;">parses</a> a politically loaded retro=
spective.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em=
></p><p style=3D"margin:0;"><strong>Julie Davich
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvbmV3c2xldHRlcl9jb250ZW50L3JlbW5pY2stb24tYS1pLWFyaS11bmNoYWluZWQtbG9yb=
mUtbWFuaWEtMy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTUl=
MkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGMTU=
lMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdX=
N0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiO=
iJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwODY0MTN9/fb03015e96ed6bd187b=
1815e03961a38d3313e3e45d7b4a00167248f1207b5c0" style=3D"text-decoration:und=
erline;color:#d40000;">conveys</a> the buying opportunities in Gstaad.</p><=
/div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"HOLLYWOOD" src=3D"https://userimg-assets=
=2Ecustomeriomail.com/images/client-env=
-107382/1729520869111_tbs-icon-hollywo=
od_01JAQQM7RNJPAHAYAT4JVP2FGA.png" height=3D"auto" width=3D"48" align=3D"ce=
nter" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">HOLLYWOOD
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Matt Belloni
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvZW1pbGlhLXBlcmV6LXNjYW5kYWwtYS1idW1tZXItcGVyLW5ldGZsaXgtY2NvLz91dG1fY=
2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRt=
X2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXR=
tX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dX=
RtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZ=
DQ4ZDI4IiwibGlua19pZCI6MjA4MzA0OX0/9e68f329f2b3fc8d27d38c34d6d866b44e7f7e25=
fd8a998565500fc3e578bcf5" style=3D"text-decoration:underline;color:#d40000;=
">chats with</a> <strong>Bela Bajaria</strong>, Netflix=E2=80=99s chief con=
tent officer, about the <em>Emilia P=C3=A9rez</em> Oscar scandal.</p><p sty=
le=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"ma=
rgin:0;margin-bottom:16px;"><strong>Kim Masters
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvaG93LWJyZXR0LXJhdG5lci13b3VuZC11cC1oZWxtaW5nLWFtYXpvbnMtNDAtbWlsbGlvb=
i1tZWxhbmlhLXRydW1wLWRvY3VtZW50YXJ5Lz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSst=
K0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSs=
tK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdT=
AwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkN=
DhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA3ODA0=
NX0/78307d8023a4ac745e5dbbafe43004ade117c4a4bea9ded3b0f15344537688d9" style=
=3D"text-decoration:underline;color:#d40000;">unveils</a> the bizarre origi=
n of Amazon=E2=80=99s <strong>Melania </strong>doc.</p><p style=3D"margin:0=
;margin-bottom:16px;"><em>meanwhile=E2=80=A6</em></p><p style=3D"margin:0;"=
><strong>Eriq Gardner </strong><a href=3D"https://email.puck.news/e/c/eyJlb=
WFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVm=
IjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHdvLWhvbGx5d29vZC12YWNjaW5lLW1hbmRhdGUtY2FzZXM=
tY291bGQtc29vbi1mYWNlLWEtanVyeS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRU=
FEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMR=
UFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2=
dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI=
4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwODA3NjJ9/4=
cff7c1a17fa7a6a75ee45499198a27be82ba49ff32f0498e9531488e415866f" style=3D"t=
ext-decoration:underline;color:#d40000;">unearths</a>
a loaded Disney culture war suit.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"WALL STREET" src=3D"https://userimg-asse=
ts.customeriomail.com/images/client-env-107382/1729520870551_tbs-icon-wall-=
street_01JAQQM95KYVHSVTE1SADVAXTS.png" height=3D"auto" width=3D"48" align=
=3D"center" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">WALL STREET
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
"><strong>Bill Cohan
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvdHJ1bXBzLWNhcnJpZWQtaW50ZXJlc3QtaW5zdXJyZWN0aW9uLz91dG1fY2FtcGFpZ249V=
GhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9=
VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1=
lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09Zj=
ZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiwib=
Glua19pZCI6MjA3NjkwOH0/2c72e850ee0c4aa79bdf8b25e8bf7efc041a61f4de6009c4bbc6=
9035f0d69215" style=3D"text-decoration:underline;color:#d40000;">prophesies=
</a> about the carried interest threat and <a href=3D"https://email.puck.ne=
ws/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZ=
RT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWxhdGVzdC13YWxsLXN0cmVldC10cmV=
uZC1kb3VibGUtYm9udXNlcy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMj=
gyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslM=
jgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3Nv=
dXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW5=
0ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwODE1ODl9/ec6117c9b=
2626546f88bfc8acdcd833d7e8face1bf1933f3f012c938830067c1" style=3D"text-deco=
ration:underline;color:#d40000;">offers</a> some Goldman kremlinology.</p><=
/div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"MEDIA" src=3D"https://userimg-assets.cus=
tomeriomail.com/images/client-env-107382/1729520869437_tbs-icon-media_01JAQ=
QM82TC2CJD5T3P72A68MN.png" height=3D"auto" width=3D"48" align=3D"center" st=
yle=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">MEDIA
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Dylan Byers
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvY2JzLW5ld3MtdmVyeS1iYWQteWVhci1pcy1ub3QtZ2V0dGluZy1iZXR0ZXIvP3V0bV9jY=
W1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1f=
Y29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1=
fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG=
1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkN=
DhkMjgiLCJsaW5rX2lkIjoyMDgxODI2fQ/e4a79e998041f17d0db1dc7213fdae4e858e1c0e8=
bbb14742e663365455d8a7a" style=3D"text-decoration:underline;color:#d40000;"=
>captures</a> the latest pillow screams at CBS and some <a href=3D"https://=
email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlB=
SbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG93LWNhbi1sZWdhY3ktbW=
VkaWEtZnV0dXJlcHJvb2YtaXRzZWxmLWFnYWluc3QtYWkvP3V0bV9jYW1wYWlnbj1UaGUrQmFja=
3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFj=
a3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2F=
jdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNW=
UzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkI=
joyMDg1NTU5fQ/ce76efb792c37de2b2e64ee9f8c6ab509472169fa417d8f310c651f945cdb=
9b8" style=3D"text-decoration:underline;color:#d40000;">brewing</a> A.I. le=
gal beefs.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</e=
m></p><p style=3D"margin:0;"><strong>John Ourand
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvZXNwbi1leWVzLW91dC1jbGF1c2UtaW4tbWxiLWRlYWwvP3V0bV9jYW1wYWlnbj1UaGUrQ=
mFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUr=
QmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWl=
sX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX=
2lkIjoyMDgyODg0fQ/984e5ae82febd3d3092ce4df8aca0f199746e0432fe599414b70e1206=
3e0f5b2" style=3D"text-decoration:underline;color:#d40000;">has the latest =
details</a> on the ESPN-MLB renegotiation=E2=80=A6 and Bristol=E2=80=99s NF=
L <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY=
291bGQtZXNwbi10YWtlLXJlZHpvbmUtb2ZmLXRoZS1uZmxzLWhhbmRzLz91dG1fY2FtcGFpZ249=
VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ=
9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT=
1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09Z=
jZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiwi=
bGlua19pZCI6MjA3NzkyNH0/278b6cd78dcf372215851369dffb557af4e17b64d4570394031=
35cd4ec7aef80" style=3D"text-decoration:underline;color:#d40000;">media dea=
l heat</a>.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"WASHINGTON" src=3D"https://userimg-asset=
s.customeriomail.com/images/client-env-107382/1729520870794_tbs-icon-washin=
gton_01JAQQM9D691XMPJRQ226EDXSM.png" height=3D"auto" width=3D"48" align=3D"=
center" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">WASHINGTON
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Leigh Ann Caldwell
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvdGhlLWhvdXNlLWdvcC1tYXktb25jZS1hZ2Fpbi1uZWVkLWRlbS1oZWxwLXRvLXBhc3MtY=
S1idWRnZXQvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJG=
MjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJ=
GMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG=
9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZ=
jZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDgxNzQ0fQ/5eda6e97e825c8b93b7b8=
3cef4bd2d0ff9a84f101a19d75710deed99adb97038" style=3D"text-decoration:under=
line;color:#d40000;">diagnoses</a> <strong>Mike Johnson</strong>=E2=80=99s =
one-bill-versus-two-bill-itis and <strong>Trump</strong>=E2=80=99s very own=
 <strong>Chip Roy </strong>problem.</p><p style=3D"margin:0;margin-bottom:1=
6px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bottom:16px;"><s=
trong>John Heilemann
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvbGF1cmVuY2UtdHJpYmUtb24tdHJ1bXBzLWxvb21pbmctY29uc3RpdHV0aW9uYWwtY3Jpc=
2VzLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5=
XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI=
5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLm=
lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwN=
jE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA4MTE2NH0/a28fc8c957858355410157e9e46a=
245f48f3c48b5d8793d77a01c4cc7f864a5b" style=3D"text-decoration:underline;co=
lor:#d40000;">asks</a> <strong>Laurence Tribe </strong>to assess our consti=
tutional precarity.</p><p style=3D"margin:0;margin-bottom:16px;"><em>meanwh=
ile</em>=E2=80=A6</p><p style=3D"margin:0;"><strong>Peter Hamby </strong><a=
 href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT0=
5LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvcmlja=
y1jYXJ1c28tcG9saXRpY2FsLWFtYml0aW9ucy1leHBhbmQtYmV5b25kLWxvcy1hbmdlbGVzLz91=
dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI=
2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMD=
I2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwM=
DI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNk=
MzAxZDQ4ZDI4IiwibGlua19pZCI6MjA4MjgyMH0/10a94de45b07f744818aef50f41002e8c80=
f162dd0c232ce2774b16e727d530a" style=3D"text-decoration:underline;color:#d4=
0000;">presages</a> the
<strong>Kamala</strong>-<strong>Caruso </strong>showdown in California.</p>=
</div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-bottom:16px;padding-left:24px;padding-right:24px;padding-=
top:32px;vertical-align:top;border-top:0px;border-right:0px;
border-bottom:0px;border-left:0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"PODCASTS" src=3D"https://userimg-assets.=
customeriomail.com/images/client-env-107382/1729520869698_tbs-icon-podcasts=
_01JAQQM8AY9NH956YXMPQWX3NY.png" height=3D"auto" width=3D"48" align=3D"cent=
er" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">PODCASTS
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>=F0=9F=8E=A7 </strong>Dylan questions <strong>=
David Remnick</strong>,
the legendary editor of <em>The New Yorker</em>, about his A.I. anxieties o=
n <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvc=
G9kY2FzdF9lcGlzb2RlL2RhdmlkLXJlbW5pY2stb24tdGhlLW5ldy15b3JrZXJzLWNlbnRlbm5p=
YWwvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjl=
cdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMj=
lcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIua=
W9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2=
MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDc5NDA2fQ/8d479298f6bf03133172f0886879=
83f8de72cb08b08797e72cf5adcf9872b3f8" style=3D"text-decoration:underline;co=
lor:#d40000;"><em>The Grill Room</em></a>.=C2=A0</p><p style=3D"margin:0;ma=
rgin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bot=
tom:16px;">Ourand asks NBA scoop machine <strong>Shams Charania </strong>ho=
w he landed the <strong>Luka</strong>-<strong>A.D. </strong>exclusive on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL3NoYW1zLWFydC1vZi10aGUtc2Nvb3AvP3V0bV9jYW1wYWlnbj1UaGUrQm=
Fja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQ=
mFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWls=
X2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDY=
xNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2=
lkIjoyMDgxNDQ0fQ/16322a5fb7c354634600e2f7b4944b178a00ba0ede55fe22aa3da25f41=
17b161" style=3D"text-decoration:underline;color:#d40000;"><em>The Varsity<=
/em></a>.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em=
></p><p style=3D"margin:0;margin-bottom:16px;">Heilemann talks to Shams=E2=
=80=99s predecessor, <strong>Adrian Wojnarowski</strong>, on <a href=3D"htt=
ps://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3=
lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb=
2RlL2Fkcmlhbi13b2puYXJvd3NraS1sdWthcy1sZWJyb24tbG92ZS1ib29zdGluZy10aGUtYm9u=
bmllcy1saWZlLWJleW9uZC13b2otYm9tYnMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0=
rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky=
0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1M=
DAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0=
OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDgzNDY=
2fQ/7dda42ddac805fdf5f618fa33434ccd22d477b462132ba1b0069f3fadd3fa379" style=
=3D"text-decoration:underline;color:#d40000;"><em>Impolitic</em></a>.
</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p s=
tyle=3D"margin:0;margin-bottom:16px;">Lauren welcomes the designer <strong>=
Todd Snyder </strong>on <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9p=
ZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR=
0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3RoZS1tYW4td2hvLWRyZXNzZXMtMzUtOS=
1wZXJjZW50LW9mLWFtZXJpY2EvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJ=
TI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMr=
JTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9=
zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
ludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDgzNDY4fQ/7f2af9=
5892f0b6a492b8046e0e1236262591af3b7ae5d350178c2d85769b2377" style=3D"text-d=
ecoration:underline;color:#d40000;"><em>Fashion People</em></a>.</p><p styl=
e=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"mar=
gin:0;margin-bottom:16px;">Listen to the first of Matt=E2=80=99s two-part i=
nterview with Bela on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL25ldGZsaXgtdnMtZXZlcnlvbmUtd2l0aC1jb250ZW50LWNoaWVmLWJlbG=
EtYmFqYXJpYS1wYXJ0LTEvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4M=
iUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4=
MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3V=
yY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludG=
VybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDg2NDE0fQ/339c1a2ec2=
b3419a2f7ff94bce25ed842e760964338608ec0c5b8a6e4778ec9e" style=3D"text-decor=
ation:underline;color:#d40000;"><em>The Town</em></a>.=C2=A0=C2=A0</p><p st=
yle=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"m=
argin:0;margin-bottom:16px;"><strong>Tara Palmeri </strong>discusses Pennsy=
lvania=E2=80=99s red turn with Rep. <strong>Brendan Boyle </strong>on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL3JlcC1icmVuZGFuLWJveWxlLW9uLXRoZS1kb2dlLWhlYWRzLWFuZC1ob3=
ctdGhlLWRlbW9jcmF0cy1sb3N0LXAtYS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMR=
UFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStM=
RUFEUyslMjgyJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI=
2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZD=
I4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwODE0NDN9/=
f59c7b5d6be82cffa87ef7351e6d49d730c56c0a5fa5337fa597ac8cc64b7b08" style=3D"=
text-decoration:underline;color:#d40000;"><em>Somebody=E2=80=99s Gotta Win<=
/em></a>.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em=
></p><p style=3D"margin:0;">Kim explains how the Trumps rescued <strong>Bre=
tt Ratner</strong> from the penalty box on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL3RoZS1tYXItbGFnby1zdG9yeS1iZWhpbmQtYW1hem9ucy00MG0tbWVsYW=
5pYS1kZWFsLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyR=
jI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUy=
RjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3R=
vbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6Im=
Y2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA4MzQ2OX0/d5cceaa356313bfde8b51=
fb825f9d84fc35cad6919145a810a11fc05eefa48d9" style=3D"text-decoration:under=
line;color:#d40000;"><em>The Powers That Be</em></a>.</p></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
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;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;"><em>As a remin=
der, you can update your profile at any time to get more stories like these=
 directly in your
inbox. <strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnV=
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dWNrLm5ld3MvbmV3c2xldHRlcnMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFM=
rJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRF=
MrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
V9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIs=
ImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxNTZ9/209672e634=
392ef25ee96cbb8bc120ce47d6330866022c85ce8568a170ed22e0" target=3D"_blank" r=
el=3D"noopener" style=3D"text-decoration:underline;color:#d40000;">Click he=
re</a></strong> to customize your email settings.</em></p></div>
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<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:32px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"30%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbod=
y><tr><td style=3D"font-size:1px;line-height:1px;border-top:2px solid #d400=
00;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:32px;padding-left:24px;padding-right:24p=
x;text-align:center;width:100%;"><h3 style=3D"margin:0;color:#000000;direct=
ion:ltr;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-size:=
24px;font-weight:400;letter-spacing:normal;line-height:120%;text-align:cent=
er;margin-top:0;margin-bottom:0;mso-line-height-alt:28.799999999999997px;">=
All the
President=E2=80=99s Yes-Men</h3>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;margin-bottom:0p=
x;">It=E2=80=99s hard to ignore the sensation that we=E2=80=99re living thr=
ough strange days, with cultural
micro-convulsions occurring at nearly breakneck speed. To wit: It seemed li=
ke only a few weeks ago that Congress prioritized its stewardship of our na=
tional purse, USAID stood as an heirloom of <strong>Kennedy</strong>-era in=
ternationalism, and the body of water along Florida=E2=80=99s western coast=
 was inarguably known as the Gulf of Mexico.=C2=A0</p><p style=3D"margin:0;=
margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;margin-bottom:0px;">Simi=
larly, it wasn=E2=80=99t so long ago that <strong>Elon Musk
</strong>seemed like a lonely zillionaire=E2=80=94largely a threat only to =
himself and the denizens of X, the platform not <em>so </em>long ago known =
as Twitter. Back in the quaint days of a couple <em>months </em>ago, <stron=
g>Bobby Kennedy Jr. </strong>was a Covid-era quack and drive-by presidentia=
l candidate most notable for his recent digital tryst with <strong>Olivia N=
uzzi</strong>. For his part, <strong>Pete Hegseth </strong>was a pretty boy=
 TV host with a <strong>Luke Perry </strong>streak, and
<strong>Karen Bass </strong>seemed like a shoe-in to win reelection as Los =
Angeles mayor. Time <em>flies</em>. When was the last time you read about <=
strong>Kamala Harris </strong>or <strong>Tim Walz</strong>? The erstwhile t=
icket members now seem like minor figures from a distant civilization.</p><=
p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">Th=
e shock and awe of the second <strong>Trump </strong>era has been arresting=
 in more ways than one, with endless observers
hypothesizing about when a new chapter will begin=E2=80=94one perhaps catal=
yzed by Democratic resistance or some behind-the-scenes fracturing within t=
he G.O.P. But I wondered whether a more insidious threat had already emerge=
d: Earlier this month, I=E2=80=99d learned that the administration was kick=
ing the tires on closing the carried interest loophole, the mother=E2=80=99=
s milk of the ~$6 <em>trillion</em> private equity industry.=C2=A0=C2=A0</p=
></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;border-bottom:1px solid #d40000;border-top:1px solid #d40000;padd=
ing-bottom:32px;padding-left:24px;padding-right:24px;padding-top:32px;
vertical-align:top;border-right:0px;border-left:0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:120%;text-al=
ign:left;mso-line-height-alt:20.4px;"><p style=3D"margin:0;">A MESSAGE FROM=
 OUR SPONSOR</p></div>
</td></tr></tbody></table>
<table class=3D"j oq n5" width=3D"100%" border=3D"0" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table=
-rspace:0pt;"><tbody><tr><td style=3D"padding-bottom:16px;width:100%;"><div=
 class=3D"r" align=3D"center" style=3D"line-height:10px"><div style=3D"max-=
width:552px;"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9hZ=
C5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL040OTQ0MDEuNDIzNTkyMVBVQ0svQjMzMTc3=
MzY5LjQxNDc2OTE4NjtkY190cmtfYWlkPTYwNzI4NTY2MjtkY190cmtfY2lkPTIyOTM3OTM3NDt=
kY19sYXQ9O2RjX3JkaWQ9O3RhZ19mb3JfY2hpbGRfZGlyZWN0ZWRfdHJlYXRtZW50PTt0ZnVhPT=
tnZHByPSQlN0JHRFBSJTdEO2dkcHJfY29uc2VudD0kJTdCR0RQUl9DT05TRU5UXzc1NSU3RDtsd=
GQ9O2RjX3Rkdj0xP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1=
JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE=
1JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3=
VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsI=
joiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDg2NDEwfQ/32330c5627f85575a=
e925544eca855572aa5fa4a69adc769ce5ffef0af175cff" target=3D"_blank" style=3D=
"outline:none" tabindex=3D"-1"><img src=3D"https://userimg-assets.customeri=
omail.com/images/client-env-107382/1739399955097_SUGARCANE_PUCK_600x400_FIN=
AL4_01JKY520VF4E8QQYP0XP3VMW7E.jpg" style=3D"display:block;height:auto;bord=
er:0;width:
100%;" width=3D"552" alt=3D"Sugarcane" title=3D"Sugarcane" height=3D"auto"/=
></a></div></div>
</td></tr></tbody></table>
<table class=3D"j n" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rsp=
ace:0pt;mso-hide:all;display:none;max-height:0;overflow:hidden;"><tbody><tr=
><td style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" align=3D"ce=
nter" style=3D"line-height:10px"><div style=3D"max-width:552px;"><a href=3D=
"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2=
Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZ=
GRtL3RyYWNrY2xrL040OTQ0MDEuNDIzNTkyMVBVQ0svQjMzMTc3MzY5LjQxNDc2ODQ3ODtkY190=
cmtfYWlkPTYwNzI4NTY2MjtkY190cmtfY2lkPTIyOTM3OTM3NDtkY19sYXQ9O2RjX3JkaWQ9O3R=
hZ19mb3JfY2hpbGRfZGlyZWN0ZWRfdHJlYXRtZW50PTt0ZnVhPTtnZHByPSQlN0JHRFBSJTdEO2=
dkcHJfY29uc2VudD0kJTdCR0RQUl9DT05TRU5UXzc1NSU3RDtsdGQ9O2RjX3Rkdj0xP3V0bV9jY=
W1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1f=
Y29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1=
fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG=
1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkN=
DhkMjgiLCJsaW5rX2lkIjoyMDg2NDExfQ/1a67bf44a338b53c1bbfbb123b06bb7640a2890e9=
23403ad75ced5d1ae21f800" target=3D"_blank" style=3D"outline:none" tabindex=
=3D"-1"><img src=3D"https://userimg-assets.customeriomail.com/images/client=
-env-107382/1739399957469_SUGARCANE_PUCK_600x700_FEB14_F_01JKY5230DQ0PCSS93=
PR906PTG.jpg" style=3D"display:block;height:auto;border:0;width:
100%;" width=3D"552" alt=3D"Sugarcane" title=3D"Sugarcane" height=3D"auto"/=
></a></div></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td><div style=3D"color:#000000;direction:ltr;=
font-family:&#39;Inter&#39;,&#39;Arial&#39;;font-size:17px;font-weight:400;=
letter-spacing:0px;line-height:120%;text-align:left;mso-line-height-alt:20.=
4px;"><p style=3D"margin:0;">SUGARCANE follows a groundbreaking investigati=
on that exposes a shocking cover up of cultural genocide perpetrated by the=
 church and
government, while also illuminating the enduring love, courage and beauty o=
f an Indigenous community. Described by The New York Times as &#34;a must-s=
ee film...stunning.=E2=80=9D=C2=A0 For your consideration in Best Documenta=
ry Feature, SUGARCANE is now streaming on Disney Plus and Hulu. To uncover =
a glimpse of the truth, <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9p=
ZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR=
0cHM6Ly93d3cueW91dHViZS5jb20vd2F0Y2g_dj1DaXNJX1dGUERPa1x1MDAyNnV0bV9jYW1wYW=
lnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29ud=
GVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fbWVk=
aXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGV=
ybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMj=
giLCJsaW5rX2lkIjoyMDgzNDY1fQ/0b23343ada3b0058107cbc2d8750e0d901ef8229acff5f=
3cda5e5d890ba35031" style=3D"text-decoration:underline;color:#d40000;">watc=
h the trailer</a>.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;border-top:0px;border-right:0px;border-bottom:0px;border-left:
0px;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;margin-bottom:0p=
x;">Carry, after all, represents a deal partner=E2=80=99s position in a com=
pany. And for ages, the
loophole has allowed P.E. executives to have their liquidity taxed as capit=
al gains (23.8 percent) rather than income, which is probably around 41 per=
cent for this crowd. Having spent a couple years in the higher calling of P=
=2EE., I appreciate how this incentiviz=
ation structure works: The lower tax c=
onsequences encourage general partners to put money at risk, to invest or b=
uy into companies, when they could divert it elsewhere. Regardless, the car=
ried interest loophole remains as unpopular
politically as it is sacred on 57th Street. So when I heard that Trump was =
considering closing it, I asked my partner <strong>Bill Cohan </strong>to c=
all his friends and sources at the top of the industry and take their tempe=
rature. Did Trump=E2=80=99s donors and pals view this as a fatwa?</p><p sty=
le=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;margin-bo=
ttom:0px;">After rolling calls with eminences across the industry, Bill del=
ivered his latest masterpiece:
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHJ=
1bXBzLWNhcnJpZWQtaW50ZXJlc3QtaW5zdXJyZWN0aW9uLz91dG1fY2FtcGFpZ249VGhlK0JhY2=
tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY=
2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9h=
Y3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTV=
lM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZC=
I6MjA3NjkwOH0/2c72e850ee0c4aa79bdf8b25e8bf7efc041a61f4de6009c4bbc69035f0d69=
215" style=3D"text-decoration:underline;color:#d40000;"><em>Trump=E2=80=99s=
 Carried Interest Insurrection</em></a>, which artfully conveyed the comple=
xity of the situation. Indeed, the vibes were mixed, but a number of invest=
ors actually championed Trump=E2=80=99s decision=E2=80=94these dealmakers w=
ere betting that Trump was trying to placate his base, but would never <em>=
actually</em> push to sew up the loophole. Revealingly, the whole scenario =
reminded Bill
of a conversation he=E2=80=99d had with Apollo C.E.O. <strong>Marc Rowan </=
strong>a couple years earlier. =E2=80=9CWhy do you think the carried intere=
st tax comes up every time there=E2=80=99s an election?=E2=80=9D Rowan aske=
d Bill, rhetorically, at the time. =E2=80=9CBecause the Dems know it=E2=80=
=99s good for the unions and the Republicans know it=E2=80=99s good for squ=
eezing money out of private equity. And the last thing they want to do is a=
ctually solve the issue because, God forbid, they wouldn=E2=80=99t be able =
to fundraise off of it. Why solve
anything? Why not just have emotional issues that you can perpetuate?=E2=80=
=9D Perhaps not <em>everything </em>in the culture is changing as we speak.=
</p><p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0=
;margin-bottom:0px;">But if you have time to read only one piece this weeke=
nd, I=E2=80=99d turn your attention to <strong>Peter Hamby</strong>=E2=80=
=99s excellent story on <strong>Rick Caruso</strong>=E2=80=99s post-fires p=
olitical awakening in Los Angeles. The developer, who lost the =E2=80=9922 =
mayoral race to Bass,
is apparently deciding whether he wants a rematch=E2=80=94or to try his han=
d at the governor=E2=80=99s mansion, which would put him squarely in the cr=
osshairs of Harris, who is ostensibly eyeing that seat. In <a href=3D"https=
://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lq=
VlBSbWJoY0VrbzlZRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvcmljay1jYXJ1c28tcG9=
saXRpY2FsLWFtYml0aW9ucy1leHBhbmQtYmV5b25kLWxvcy1hbmdlbGVzLz91dG1fY2FtcGFpZ2=
49VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlb=
nQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1=
bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm0=
9ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Ii=
wibGlua19pZCI6MjA4MjgyMH0/10a94de45b07f744818aef50f41002e8c80f162dd0c232ce2=
774b16e727d530a" style=3D"text-decoration:underline;color:#d40000;"><em>Car=
uso, Kamala, and the Battle for L.A.</em></a>, Peter gracefully articulates=
 the endless and intractable nuances of the political situation. Caruso, of=
 course, has
been portrayed as a Trumpian figure, but he also projects a kind of can-do =
aplomb that=E2=80=99s currently appealing in the Democratic diaspora of L.A=
=2E (As a lifelong New Yorker, I=E2=80=99m=
 reminded of <strong>Giuliani</stro=
ng>=E2=80=99s appeal to citydwellers after the <strong>Koch</strong>=E2=80=
=93<strong>Dinkins</strong> era. <em>That</em> story, of course, took a wei=
rd twist.)</p><p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=
=3D"margin:0;margin-bottom:0px;">Caruso also seems to define himself as a p=
ost-partisan
bullshit assassin=E2=80=94the kind of guy made for a new era when old polit=
ical fault lines seem outdated. You may not agree with his politics, but I =
have to admit I found his worldview at least a little refreshing=E2=80=94a =
positive development, as it were, amid a cavalcade of disturbing regression=
s. =E2=80=9CI think we=E2=80=99ve got to get out of the business of, if you=
 have an R behind your name or a D behind your name, you=E2=80=99re either =
right or you=E2=80=99re wrong, or you=E2=80=99re not allowed to talk to eac=
h other,=E2=80=9D Caruso told Peter.
=E2=80=9CIt=E2=80=99s just such a foolish way to try to manage this country=
=2E Donald Trump is the president of th=
e United States, period. End of story.=
 And we need his help and we need federal dollars. And I was grateful that =
he was actually pushing the elected officials, <em>Get this done</em>. Now =
we need more of that. So of course I would work with Trump. I would have wo=
rked with Joe Biden. That doesn=E2=80=99t matter, and it shouldn=E2=80=99t =
matter to anybody.=E2=80=9D</p><p style=3D"margin:0;margin-bottom:0px;">=C2=
=A0</p><p style=3D"margin:0;">Indeed, more than anything else, this realign=
ment is the story of our time=E2=80=94and it=E2=80=99s one with endless app=
lications across our economy. It=E2=80=99s also precisely what you should e=
xpect to read about in Puck.</p></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;"><tbody><tr><td style=3D"padding-bottom:32px;"><div class=3D"r" ali=
gn=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"30%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbod=
y><tr><td style=3D"font-size:1px;line-height:1px;border-top:2px solid #d400=
00;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;margin-bottom:0p=
x;">Have a great weekend,</p><p style=3D"margin:0;margin-bottom:0px;">Jon</=
p><p style=3D"margin:
0;"><br/><em>P.S.</em>: In case you were wondering=E2=80=94as my partner <s=
trong>Abby Livingston </strong><a href=3D"https://email.puck.news/e/c/eyJlb=
WFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWQ2Vrb3lqVlBSbWJoY0VrbzlZRT0iLCJocmVm=
IjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmV3c2xldHRlcl9jb250ZW50L2thbWFsYS12cy1jYXJ1c28=
tdHJ1bXAtdnMtbWl0Y2gtbWlubmVzb3RhLW5vdC1zby1uaWNlLz91dG1fY2FtcGFpZ249VGhlK0=
JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK=
0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFp=
bF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA=
2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua1=
9pZCI6MjA4NjQxNX0/f7e8fe2439db144d4ab472d2d38e827f9150b8bfc172deeadd944e693=
b0adb23" style=3D"text-decoration:underline;color:#d40000;">reported</a> th=
is week=E2=80=94Walz is also eyeing his next job: the soon-to-be-vacant Sen=
ate seat in Minnesota.=C2=A0</p></div>
</td></tr></tbody></table>
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