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Date: Sat, 4 Jul 2026 14:08:34 +0100
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Jul 4, 2026









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PREVIEW VERSION


Start a free 14-day trial to unlock access to Puck.







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Jon Kelly


Good morning,

Welcome back to The Backstory, your weekend review of the best new work at 
Puck.

It was another remarkable week: Matt Belloni raised an eyebrow at the 
Comcast–NBCUniversal divorce; Bill Cohan war-gamed Jamie Dimon’s succession 
duel atop JPMorgan; Dylan Byers scoped out the private equity vultures 
potentially eyeing NBC News; Julia Alexander unpacked Google’s $75 million 
dalliance with A24; Eriq Gardner surfaced the legal land mines buried in the 
Times’s Dianna Russini exposé; Ian Krietzberg fretted over how Trump’s A.I. 
strategy could become a gift to China; John Ourand assessed the World Cup 
ratings bonanza with Fox Sports chief Eric Shanks; Lauren Sherman 
spotlighted Chanel’s quiet acquisition of the shirtmaker Charvet; Malique 
Morris found some plot holes in the Skims I.P.O. fairy tale; Marion Maneker 
reviewed Sotheby’s big week in London; and Jamie Lincoln Kitman toured Broad 
Arrow Auctions’ classic-car empire.

Meanwhile, down in D.C., Leigh Ann Caldwell outlined the voter ID brawl 
paralyzing Capitol Hill; Julia Ioffe chronicled the dread trailing NATO into 
Ankara; Peter Hamby checked in on the Dems’ “socialist takeover” after 
another big primary Tuesday; and John Heilemann faced down Sen. Chris Van 
Hollen over Israel and the midterms.





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

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FASHION


Lauren Sherman decodes Chanel’s play for the 188-year-old shirtmaker Charvet 
and tracks Lemaire’s climb past $175 million in revenue.
and…
Rachel Strugatz fields the industry’s burning beauty questions, from Fenty’s 
future to L’Oréal’s Armani math.
meanwhile…
Malique Morris makes sense of the cooling Skims I.P.O. buzz.







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ART MARKET


Marion Maneker crunches the numbers on London’s frothy summer sales.
and…
Jamie Lincoln Kitman charts Broad Arrow Auctions’ $624 million ascent.







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HOLLYWOOD


Matt Belloni casts doubt on the Comcast–NBCUniversal breakup.
and…
Eriq Gardner untangles the shareholder brawl over The Chosen’s miracle 
success.
meanwhile…
Julia Alexander demystifies Google’s $75 million bet on A24.







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A.I.


Ian Krietzberg sounds the alarm on the West Wing’s increasingly improvised 
A.I. rulebook.







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AIR MAIL


Rickie de Sole sits down with Tory Burch.
and…
John Brodie recounts the history of Manhattan in diners.







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MEDIA


Dylan Byers handicaps a private equity raid on NBC News and maps the 
acquisition scenarios lurking behind the split.







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SPORTS


John Ourand trades notes with Fox Sports chief Eric Shanks on the World Cup’s 
American moment.
and…
Eriq probes the legal questions haunting the Times’s Dianna Russini exposé.







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WALL STREET


Bill Cohan interrogates Comcast brass on the real logic for spinning 
NBCUniversal and previews the succession duel atop JPMorgan.







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WASHINGTON


Leigh Ann Caldwell dissects the G.O.P.’s SAVE America Act impasse.
and…
Julia Ioffe gauges whether NATO’s annual summit is still worth the trouble.
and…
Peter Hamby pressure-tests the socialist insurgence narrative after Colorado’s 
blue-on-blue upsets.
meanwhile…
John Heilemann presses Sen. Chris Van Hollen on Israel, Gaza, and the 
midterms.







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PODCASTS


Former Meta executive Campbell Brown makes the case against A.I.’s 
self-grading habit on The Grill Room.
and…
Lauren and super-stylist Jason Bolden get into the business and ethics of 
styling on Fashion People.
and…
Heilemann and Avett Brothers bassist Bob Crawford champion John Quincy Adams 
as America’s greatest ex-president on Impolitic.
and…
Matt and EntTelligence strategy chief Steve Buck puzzle over Hollywood’s box 
office resurgence on The Town.
and…
Peter and Julia Ioffe hash out J.D. Vance’s pointed break with Israel on The 
Powers That Be.


As a reminder, you can update your profile at any time to get more stories 
like these directly in your inbox. Click here to customize your email 
settings.





A Philadelphia Story



America’s big birthday week got started in typically patriotic fashion with 
a story as native to these shores as amber waves of grain or bald eagles: 
the split of a family-run media dynasty, which almost certainly sets up a 
vicious multiple arbitrage opportunity for the years to come. Early Monday 
morning, as I was watering my famished hydrangeas, the Roberts family 
announced that they’d be breaking Comcast up in two—severing the cable and 
connectivity business from Sky and NBCUniversal.

The rise of the Robertses is a veritable Horatio Alger story on peptides. 
More than 60 years ago, paterfamilias Ralph Roberts bought a humble cable TV 
system in Tupelo that he would forge, over many decades, into the pioneering 
behemoth Comcast. The elder Roberts cultivated a patrician gestalt that 
helped define an era of breathtaking American industry and dealmaking. 
Beneath the bowtie and pocket square was a hungry visionary, whose financial 
acumen is delectably conveyed in Barry Diller’s recent memoir, Who Knew.

Brian Roberts, Ralph’s son, spent the intervening decades building the 
heirloom into a full-blown media conglomerate through a number of 
transformative deals—the pioneering $72 billion purchase of AT&T Broadband, 
which my partner Bill Cohan helped close in 2002, during his investment 
banker era; the two-step acquisition of NBC from GE, years later; and the 
more recent $40 billion takeover of Sky. The latter, of course, was perhaps 
a consolation prize after Roberts bid up Bob Iger to obtain Rupert Murdoch’s 
entertainment business before eventually losing out on the bounty. And yet, 
with more of a whimper than a bang, Roberts announced on Monday that his 
media and cable assets no longer made as much synergistic sense under one 
roof—a conclusion that the market had arrived at more than a year 
ago—sending the stock soaring as much as 20 percent before coming back down 
to earth.

Immediately, this all-American storyline mobilized my peerless partners at 
Puck, who examined the dynamics from every angle. Were the Robertses really 
spinning these holdings for life on the public markets, or simply 
positioning them for future M&A opportunities? Were they going to be sharks, 
gobbling up smaller assets in their markets, or mere minnows? Would Netflix, 
which recently lost Warner Bros. to the Ellisons, bite on NBCU—thereby, 
perhaps, rendering the company its own Sky of sorts? Would the connectivity 
business get hoovered up by Charter, which just paid about $35 billion for 
Cox, as the threat of Elon’s Starlink looms?

In Don’t Bet on the Comcast–NBCU Split Actually Happening, Matt Belloni 
brilliantly laid out the bull case for an acquirer to come along before the 
conscious uncoupling can even be completed. In Between 30 Rock and a Hard 
Place, Dylan Byers assessed the options for NBC News in this brave new 
world. And in Breaking Up Comcast Is Hard to Do, Bill captured the view from 
Wall Street. I behoove you to read them all during this long and heat-domed 
holiday weekend.

But I wanted to give the final word here to Bill, who not only worked across 
the table from Roberts during his empire-building phase, but also dutifully 
chronicled the company’s rise in his bestselling tome on GE, Power Failure. 
In particular, Bill was fascinated by the denouement of this remarkable 
American fable—“the laconic nature of such a big and transformative 
announcement, since it pretty much means the end of the Comcast behemoth as 
we’ve known it.” He then went on to quote Wolfe Research analyst Peter 
Supino, who noted in a report: “A generational conglomerate tracing honored 
family lines does a strategic 180-degree turn which includes the almost 
unmentioned resignation of its scion C.E.O., and all we got was 25 minutes 
with no slides and no open Q&A.”

Take it home, Bill: “Honestly, after what Brian went through to get NBCU in 
the first place, I was pretty shocked that he’d made the decision to part 
with it. But things have changed since he bought NBCU, and I’m sure he 
enjoys watching and helping his chosen executives succeed. At one point 
during my call with the Comcast executives, the names of fellow media titans 
John Malone and Barry Diller came up. It seemed like a telling and perhaps 
fateful reference. Malone, who is 85, seems to be winding down his 
ambitions. Diller, who is 84, remains tireless. He wants to get his hands on 
CNN, if somehow the Ellisons are forced to sell it. Will Brian take after 
Malone? Or Diller? Wall Street is still waiting on, and guessing at, his 
answer. My bet is that Brian—still two decades younger than either man—has a 
few more acts left before retirement beckons.”

My hunch is that Bill is right: America is the home of reinvention, and it’s 
hard to imagine Roberts doesn’t have another plot laid out. The old F. Scott 
Fitzgerald line about no second acts in American life is about the falsest 
epigram in our intellectual canon; Roberts’s next act is truly one of the 
great stories of our time, and a leitmotif here at Puck.





Happy Fourth,

Jon










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RFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMR=
UFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dX=
RtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiw=
iaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjU1ODY3OX0/27db=
838fb32d50983eca2119aac884e08272f9361d9091b85c5d85cad199d7d7" =
target=3D"_blank" rel=3D"noopener" =
style=3D"text-decoration:underline;color:#d40000;">Start
a free 14-day trial</a> to unlock access to Puck.</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;"><tbody><tr><td =
class=3D"r" style=3D"padding-top:24px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
style=3D"font-size:1px;line-height:1px;border-top:1px solid =
#d9d9d9;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
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<table align=3D"center" 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;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#d40000;font-family:'PuckSerifDispla=
y','Georgia';font-size:20px;font-weight:400;padding-bottom:24px;" =
align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:0px;"><img alt=3D"Jon Kelly" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1739207840362_avatar-jon-update-2025-02-10_01JKRDV4MWG66YABQ09KYQKNAE.pn=
g" 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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:400;color:#d40000;vertical-align:middle;letter-spacing:normal;text-al=
ign:left;line-height:normal;">Jon Kelly
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"oq" 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-break:break-word;=
"><tbody><tr><td class=3D"r" style=3D"padding-bottom:22px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;">Good =
morning,<br/><br/>Welcome back to The Backstory, your weekend review of =
the best new
work at Puck.<br/><br/>It was another remarkable week: <strong>Matt =
Belloni</strong> raised an eyebrow at the Comcast=E2=80=93NBCUniversal =
divorce; <strong>Bill Cohan</strong> war-gamed <strong>Jamie =
Dimon</strong>=E2=80=99s succession duel atop JPMorgan; <strong>Dylan =
Byers</strong> scoped out the private equity vultures potentially eyeing =
NBC News; <strong>Julia Alexander</strong> unpacked Google=E2=80=99s $75 =
million dalliance with A24; <strong>Eriq Gardner</strong> surfaced the =
legal land mines buried in the
<em>Times</em>=E2=80=99s <strong>Dianna Russini</strong> expos=C3=A9; =
<strong>Ian Krietzberg</strong> fretted over how =
<strong>Trump</strong>=E2=80=99s A.I. strategy could become a gift to =
China; <strong>John Ourand</strong> assessed the World Cup ratings =
bonanza with Fox Sports chief <strong>Eric Shanks</strong>; =
<strong>Lauren Sherman</strong> spotlighted Chanel=E2=80=99s quiet =
acquisition of the shirtmaker Charvet; <strong>Malique Morris</strong> =
found some plot holes in the Skims I.P.O. fairy tale; <strong>Marion
Maneker</strong> reviewed Sotheby=E2=80=99s big week in London; and =
<strong>Jamie Lincoln Kitman</strong> toured Broad Arrow =
Auctions=E2=80=99 classic-car empire.<br/><br/>Meanwhile, down in D.C., =
<strong>Leigh Ann Caldwell</strong> outlined the voter ID brawl =
paralyzing Capitol Hill; <strong>Julia Ioffe</strong> chronicled the =
dread trailing NATO into Ankara; <strong>Peter Hamby</strong> checked in =
on the Dems=E2=80=99 =E2=80=9Csocialist takeover=E2=80=9D after another =
big primary Tuesday; and <strong>John Heilemann</strong> faced down
Sen. <strong>Chris Van Hollen</strong> over Israel and the =
midterms.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"u" align=3D"center" 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;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" style=3D"padding-left:24px;padding-right:24px;">
<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-break:break-word;=
"><tbody><tr><td class=3D"r" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;">Check out these =
stories, and others, via the links below. And stick around for the =
backstory on how
it all came together.</p></div>
</td></tr></tbody></table>
<table class=3D"g oq" 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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:36px;" align=3D"center"><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvam=
9pbi8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDN=
jMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVB=
RFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMR=
UFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dX=
RtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiw=
iaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjU1ODY3OX0/27db=
838fb32d50983eca2119aac884e08272f9361d9091b85c5d85cad199d7d7" =
target=3D"_blank" style=3D"color:#ffffff;text-decoration:none;"><span =
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#d40000;border-left:2px solid #d40000;border-radius:4px;border-right:2px =
solid #d40000;border-top:2px solid #d40000;color:
#ffffff;display:inline-block;font-family:'Inter','Arial';font-size:14px;f=
ont-weight:700;mso-border-alt:none;text-align:center;width:60%;word-break=
:keep-all;letter-spacing:normal;"><span =
style=3D"word-break:break-word;padding-left:20px;padding-right:20px;paddi=
ng-top:8px;padding-bottom:8px;display:block;"><span =
style=3D"word-break:break-word;line-height:28px;">START A FREE 14-DAY =
TRIAL</span></span></span></a>
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<table align=3D"center" 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;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"FASHION" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520868807_tbs-icon-fashion_01JAQQM7F4X1VMN1QPH2NRBDZ8.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;text-align=
:left;line-height:normal;">FASHION
</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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Lauren =
Sherman</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG=
93LXdpbGwtY2hhbmVsLWRlZmVuZC1jaGFydmV0cy1za2lsbC1hbmQtcmVmaW5lbWVudC8_cHI=
9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3=
OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4N=
yUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMj=
g3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJ=
jZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJu=
YWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDIzOTZ9/7684beca5bbd=
71996f42b290d29caca40e238e2b0679c3b434b7fb39627f9a8a" =
style=3D"text-decoration:underline;color:#d40000;">decodes</a> =
Chanel=E2=80=99s play for the 188-year-old shirtmaker Charvet and <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbG=
VtYWlyZXMtc29saWQtYmV0LW9uLWl0c2VsZi8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc=
1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1w=
YWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb=
250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX2=
1lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJ=
tPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQy=
OCIsImxpbmtfaWQiOjI4MzU1ODd9/1cefe00d972bba4ce2e7d56606a208717227e491579a=
0a4dd343c71dd0e3eda4" =
style=3D"text-decoration:underline;color:#d40000;">tracks</a> =
Lemaire=E2=80=99s climb past $175 million in =
revenue.<br/><em>and=E2=80=A6</em><br/><strong>Rachel Strugatz
</strong><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYm=
VhdXR5LW1haWxiYWctbG9yZWFscy0yLWJpbGxpb24tYXJtYW5pLXF1ZXN0aW9uLWFsaXgtZWF=
ybGVzLWhlYXRlci8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQy=
YjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGV=
yXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAx=
ZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4N=
DEzNTR9/d6d6f8e30406ae859affd7aeb628aeccf69aa764dd810093bb6d76b35155107d"=
 style=3D"text-decoration:underline;color:#d40000;">fields</a> the =
industry=E2=80=99s burning beauty questions, from Fenty=E2=80=99s future =
to L=E2=80=99Or=C3=A9al=E2=80=99s Armani =
math.<br/><em>meanwhile=E2=80=A6</em><br/><strong>Malique Morris =
</strong><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvc2=
tpbXMtaXBvLWJ1enotY29vbHMtYXMtZXhlY3MtaGVhZC1mb3ItdGhlLWV4aXRzLz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjgzOTc2Mn0/d1f315497a50b09c0=
c2038fa39edcf993319ef1bf3189a272e450c47791a4a01" =
style=3D"text-decoration:underline;color:#d40000;">makes sense of</a> =
the cooling Skims I.P.O. buzz.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"ART MARKET" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520868285_tbs-icon-art_01JAQQM732KCZHXS8XJBMTGS8Y.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Marion =
Maneker</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvan=
VuZS1hdWN0aW9uLXJlcG9ydC1pbnNpZGUtc290aGVieXMtbmluZXR5LXR3by1wZXJjZW50LW1=
hcmtldC1zaGFyZS8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQy=
YjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGV=
yXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAx=
ZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4N=
DEyNDh9/061d107e87c16804aeeffb6fc62873e7d5f8782bc3e90bb36cf0e07e4f779dc4"=
 style=3D"text-decoration:underline;color:#d40000;">crunches</a> the =
numbers on London=E2=80=99s frothy summer =
sales.<br/><em>and=E2=80=A6</em><br/><strong>Jamie Lincoln =
Kitman</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaW=
5zaWRlLWhhZ2VydHlzLWJpZC10by1ydWxlLXRoZS1jbGFzc2ljLWNhci1tYXJrZXQvP3ByPWU=
zNDU2YmMxZjRkMjcwZjRhOTc5MzM3NTg2NDVmZGMyMWUzOTY0MmIzMWNhMzQzYzE4MThmNzk3=
MmFjMjc5MDZcdTAwMjZ1dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclM=
kY0JTJGMjYlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4Ny=
UyRjQlMkYyNiUyOVx1MDAyNnV0bV9tZWRpdW09bmV3c2xldHRlclx1MDAyNnV0bV9zb3VyY2U=
9cHVjay1jaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFs=
IjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyODM4ODQ5fQ/7a665705001f3a=
5a6a1ef317b90c83e34ccabdcc9e0640689a19e6690b67f887" =
style=3D"text-decoration:underline;color:#d40000;">charts</a> Broad =
Arrow Auctions=E2=80=99 $624 million ascent.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"HOLLYWOOD" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520869111_tbs-icon-hollywood_01JAQQM7RNJPAHAYAT4JVP2FGA.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Matt =
Belloni</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZG=
9udC1iZXQtb24tdGhlLWNvbWNhc3QtbmJjdW5pdmVyc2FsLXNwbGl0LWFjdHVhbGx5LWhhcHB=
lbmluZy8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2Ez=
NDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rT=
EVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLS=
tMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI=
2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4=
IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4Mzg0ODR9/=
d0f76e1f9baba0ef0284b80ecab7a0ad763ba5aacfb53221c162dfa605057d67" =
style=3D"text-decoration:underline;color:#d40000;">casts doubt on</a> =
the Comcast=E2=80=93NBCUniversal =
breakup.<br/><em>and=E2=80=A6</em><strong><br/></strong><strong>Eriq =
Gardner</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG=
93LWVhcmx5LWJlbGlldmVycy1pbi10aGUtY2hvc2VuLWdvdC1jYXNoZWQtb3V0Lz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0MDI1M30/b2725b79e49d9f75f=
640db3872fb99daf041ffa5a33e7b694cebb58199209213" =
style=3D"text-decoration:underline;color:#d40000;">untangles</a> the =
shareholder brawl over <em>The Chosen</em>=E2=80=99s miracle
success.<br/><em>meanwhile=E2=80=A6</em><br/><strong>Julia =
Alexander</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
hhdC1kb2VzLWdvb2dsZS13YW50LWZyb20taXRzLXBhcnRuZXJzaGlwLXdpdGgtYTI0Lz9wcj1=
lMzQ1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5=
NzJhYzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3J=
TJGNCUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyOD=
clMkY0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmN=
lPXB1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5h=
bCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjgzNzk0M30/3ff8934bfcdb7=
1e2a9bb749afb3c76c0a14bf720ef249d5bbe31a0f51eea92d0" =
style=3D"text-decoration:underline;color:#d40000;">demystifies</a> =
Google=E2=80=99s $75 million bet on A24.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"A.I." =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1750192320993_tbs-ai_01JXZSEWH3DSYQ0QETB525GJR3.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;text-align=
:left;line-height:normal;">A.I.
</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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Ian =
Krietzberg</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG=
93LXRydW1wcy1haS1zdHJhdGVneS1jb3VsZC1oYW5kLWNoaW5hLXRoZS1sZWFkLz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjgzOTUwNH0/e1f2591591a667235=
0e1921b34e822eab0142bd8805de7cb5d87cd73aec436b0" =
style=3D"text-decoration:underline;color:#d40000;">sounds the alarm =
on</a> the West Wing=E2=80=99s increasingly improvised A.I. =
rulebook.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"AIR MAIL" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1768606619722_tbs-airmail_01KF4JPP47AJT8AY4FY9FJ80CQ.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;text-align=
:left;line-height:normal;">AIR MAIL
</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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Rickie de =
Sole
</strong><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9haXJtYWlsLm5ld3=
MvZHJlc3MtY29kZS9zdHlsZS8yMDI2LzcvdG9yeS1idXJjaD9wcj1lMzQ1NmJjMWY0ZDI3MGY=
0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJhYzI3OTA2XHUwMDI2=
dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwM=
DI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkY0JTJGMjYlMjlcdT=
AwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB1Y2stY2lvXHUwMDI=
2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNk=
MzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0Mjk5NH0/76ce61dac4ec47916de46e3b0bf790c28=
28d997f361d5d42bf8eceb8f25b8c75" =
style=3D"text-decoration:underline;color:#d40000;">sits down</a> with =
<strong>Tory =
Burch</strong>.<br/><em>and=E2=80=A6</em><em><br/></em><strong>John =
Brodie </strong><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9haXJtYWlsLm5ld3=
MvaXNzdWVzLzIwMjYtNi0yNy93aGVyZS1oYXZlLWFsbC10aGUtZ3JlZWstZGluZXJzLWdvbmU=
_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgx=
OGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJ=
TI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUy=
slMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3N=
vdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50=
ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDI5OTV9/3ec59ce3=
7cec67ae5b98f0b281260160d862ad60efebcc5a7dffccc51164a096" =
style=3D"text-decoration:underline;color:#d40000;">recounts</a> the =
history of Manhattan in diners.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"MEDIA" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520869437_tbs-icon-media_01JAQQM82TC2CJD5T3P72A68MN.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Dylan =
Byers</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
hhdC1oYXBwZW5zLXRvLW5iYy1uZXdzLWFmdGVyLXRoZS1jb21jYXN0LXNwbGl0Lz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0MTE0NH0/ed5b0f648c0370956=
522920a1bb13917e665c1af6cf954090270af3ce6d75307" =
style=3D"text-decoration:underline;color:#d40000;">handicaps</a> a =
private equity raid on NBC News and<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdG=
hlLWNvbWNhc3QtbmJjdS1zcGxpdC13aGF0LWNvbWVzLW5leHQvP3ByPWUzNDU2YmMxZjRkMjc=
wZjRhOTc5MzM3NTg2NDVmZGMyMWUzOTY0MmIzMWNhMzQzYzE4MThmNzk3MmFjMjc5MDZcdTAw=
MjZ1dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkY0JTJGMjYlMjlcd=
TAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOV=
x1MDAyNnV0bV9tZWRpdW09bmV3c2xldHRlclx1MDAyNnV0bV9zb3VyY2U9cHVjay1jaW9cdTA=
wMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVl=
M2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyODM3MjUxfQ/4dc7b37650f6f5bad4642678229be0=
aeb2890dba6f9d8a6c920c7ae4e7a91399" =
style=3D"text-decoration:underline;color:#d40000;"> maps</a> the =
acquisition scenarios lurking behind the split.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"SPORTS" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520870311_tbs-icon-sports_01JAQQM8Y3NF00D05WEX5CR80E.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;text-align=
:left;line-height:normal;">SPORTS
</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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>John =
Ourand</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZm=
94LXNwb3J0cy1lcmljLXNoYW5rcy1vbi10aGUtd29ybGQtY3Vwcy1hbWVyaWNhbi1tb21lbnQ=
vP3ByPWUzNDU2YmMxZjRkMjcwZjRhOTc5MzM3NTg2NDVmZGMyMWUzOTY0MmIzMWNhMzQzYzE4=
MThmNzk3MmFjMjc5MDZcdTAwMjZ1dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTK=
yUyODclMkY0JTJGMjYlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRF=
MrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9tZWRpdW09bmV3c2xldHRlclx1MDAyNnV0bV9=
zb3VyY2U9cHVjay1jaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImlu=
dGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyODQwMjE2fQ/3734b4=
f307c8464f93144ae6ad506030b27ce060e3f0c3e6c2c0f2874d0aaf61" =
style=3D"text-decoration:underline;color:#d40000;">trades notes</a> with =
Fox Sports chief <strong>Eric Shanks</strong> on the World Cup=E2=80=99s =
American moment.<br/><em>and=E2=80=A6</em><br/>Eriq <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaW=
5zaWRlLXRoZS1kaWFubmEtcnVzc2luaS1leHBvc2VzLXVuYXNrZWQtbGVnYWwtcXVlc3Rpb25=
zLz9wcj1lMzQ1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2Mx=
ODE4Zjc5NzJhYzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEU=
yslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQU=
RTKyUyODclMkY0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1=
fc291cmNlPXB1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJp=
bnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjgzNzUwMX0/3686d=
1cbdd7653955d6eeeef594a95db7582da98e925f8430995dceddbb7d45c" =
style=3D"text-decoration:underline;color:#d40000;">probes</a> the legal =
questions haunting the <em>Times</em>=E2=80=99s <strong>Dianna =
Russini</strong>
expos=C3=A9.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"WALL =
STREET" =
src=3D"https://userimg-assets.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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Bill =
Cohan</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
lsbC10aGUtbmJjdW5pdmVyc2FsLWNvbWNhc3Qtc3BsaXQtcmVhbGx5LWhhcHBlbi8_cHI9ZTM=
0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcy=
YWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyR=
jQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JT=
JGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1=
wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwi=
OiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDIzMzJ9/f2c51541662c51fc=
a2e3df416230730b1b8d3a7604d1ceec522b845166bd4839" =
style=3D"text-decoration:underline;color:#d40000;">interrogates</a> =
Comcast brass on the real logic for spinning NBCUniversal and <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZG=
ltb25zLXN1Y2Nlc3Npb24tZHVlbC1qcG1vcmdhbnMtbmV4dC1jZW8tcmFjZS8_cHI9ZTM0NTZ=
iYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMy=
NzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlM=
kYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNC=
UyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWN=
rLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJm=
NmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4MzUyODJ9/3a79d699db5744ad911c=
34c11b3b2c4526955b29daf8a0d61e247ea161e961c0" =
style=3D"text-decoration:underline;color:#d40000;">previews</a> the =
succession duel atop JPMorgan.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-left:24px;padding-right:24px;padding-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;padding-right:12px;"><img alt=3D"WASHINGTON" =
src=3D"https://userimg-assets.customeriomail.com/images/client-env-107382=
/1729520870794_tbs-icon-washington_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:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:16px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><strong>Leigh Ann =
Caldwell</strong>
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG=
93LXRydW1wcy12b3Rlci1pZC1vYnNlc3Npb24tcGFyYWx5emVkLWNvbmdyZXNzLz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjgzNDc3Nn0/bf4830a76a31b67f1=
5b3b51752e8abd7f31e88433a267d6f3063cdf761a3262e" =
style=3D"text-decoration:underline;color:#d40000;">dissects</a> the =
G.O.P.=E2=80=99s SAVE America Act =
impasse.<br/><em>and=E2=80=A6</em><br/><strong>Julia Ioffe</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvbm=
F0by1zdW1taXQtZ29lcnMtYXNrLXdoeS1hcmUtd2UtcHV0dGluZy1vdXJzZWx2ZXMtdGhyb3V=
naC10aGlzLz9wcj1lMzQ1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFj=
YTM0M2MxODE4Zjc5NzJhYzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrL=
StMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeS=
stK0xFQURTKyUyODclMkY0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTA=
wMjZ1dG1fc291cmNlPXB1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhk=
MjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0MjI2N=
n0/d5f51d66d00a4b94d4a3a94a73b976f639b6f83afb5007c3feaec0ddbeb2b010" =
style=3D"text-decoration:underline;color:#d40000;">gauges</a> whether =
NATO=E2=80=99s annual summit is still worth the =
trouble.<br/><em>and=E2=80=A6</em><em><br/></em><strong>Peter =
Hamby</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY2=
9sb3JhZG9zLWRlZXAtYmx1ZS1zd2luZy8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY=
0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWln=
bj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250Z=
W50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZG=
l1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY=
2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIs=
ImxpbmtfaWQiOjI4NDE0NTR9/38f667782e8400bef71e6c081e3a43406b53d0d48f0c95e4=
1a65b2006f5c374b" =
style=3D"text-decoration:underline;color:#d40000;">pressure-tests</a> =
the socialist insurgence narrative after Colorado=E2=80=99s blue-on-blue =
upsets.<br/><em>meanwhile=E2=80=A6</em><br/><strong>John =
Heilemann</strong> <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY2=
hyaXMtdmFuLWhvbGxlbnMtb3B1cy8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZ=
kYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1U=
aGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50P=
VRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT=
1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzY=
wNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxp=
bmtfaWQiOjI4MzY5NTd9/9812d5985b7c31b16bc2a4917c84df4025cacf32145e9e93d9d1=
24f486aafd67" =
style=3D"text-decoration:underline;color:#d40000;">presses</a> Sen. =
<strong>Chris Van Hollen</strong> on Israel, Gaza, and the =
midterms.</p></div>
</td></tr></tbody></table>
</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" =
cellspacing=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" =
cellspacing=3D"0" role=3D"presentation" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;background-color:#ffff=
ff;border-radius:0;color:#000000;width:600px;margin:0 auto;" =
width=3D"600"><tbody><tr><td class=3D"y o" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-a=
lign:left;vertical-align:top;">
<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;"><tbody><tr><td =
class=3D"q8" =
style=3D"padding-bottom:16px;padding-left:24px;padding-right:24px;padding=
-top:32px;">
<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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:16px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"100%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><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>
</td></tr></tbody></table>
<table class=3D"oq" 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-align:left;line-h=
eight:0;"><tbody><tr><td class=3D"r" =
style=3D"vertical-align:middle;color:#000;font-family:'PuckSerifDisplay',=
'Georgia';font-size:20px;font-weight:700;" align=3D"left">
<table class=3D"b" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;display:inline-block;p=
adding-left:0px;padding-right:0px;" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation"><tbody><tr><td =
style=3D"vertical-align:middle;text-align:center;padding-top:0px;padding-=
bottom:0px;padding-left:0px;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"center" =
style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td =
style=3D"font-family:'PuckSerifDisplay','Georgia';font-size:20px;font-wei=
ght:700;color:#000;vertical-align:middle;letter-spacing:normal;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-break:break-word;=
"><tbody><tr><td class=3D"r" =
style=3D"padding-top:16px;padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;">Former Meta executive =
<strong>Campbell Brown</strong> makes the case against
A.I.=E2=80=99s self-grading habit on <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdF9lcGlzb2RlL3doby13YXRjaGVzLXRoZS1ib3RzLz9wcj1lMzQ1NmJjMWY0ZDI3MGY=
0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJhYzI3OTA2XHUwMDI2=
dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwM=
DI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkY0JTJGMjYlMjlcdT=
AwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB1Y2stY2lvXHUwMDI=
2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNk=
MzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0Mjk5Nn0/5970a58f721752d7f6d58f1540c55c5f3=
73e32933a37ec2aff7406b489f08fdd" =
style=3D"text-decoration:underline;color:#d40000;"><em>The Grill =
Room</em></a>.<br/><em>and=E2=80=A6</em><br/>Lauren and super-stylist =
<strong>Jason Bolden</strong> get into the business and ethics of =
styling on <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdF9lcGlzb2RlL2phc29uLWJvbGRlbnMtcmVkLWNhcnBldC1yZWlnbi8_cHI9ZTM0NTZ=
iYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMy=
NzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlM=
kYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNC=
UyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWN=
rLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJm=
NmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDI3MTR9/e003b42ae7f6d19bf8db=
7a875b03009a09b7da6d67fd504be5857c40e8b9bce2" =
style=3D"text-decoration:underline;color:#d40000;"><em>Fashion =
People</em></a>.<br/><em>and=E2=80=A6</em><br/>Heilemann and Avett =
Brothers
bassist <strong>Bob Crawford</strong> champion <strong>John Quincy =
Adams</strong> as America=E2=80=99s greatest ex-president on <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdF9lcGlzb2RlL2JvYi1jcmF3Zm9yZC1hdmV0dC1icm90aGVycy1qb2huLXF1aW5jeS1=
hZGFtcy1vdGhlci1qb3lzLW9mLWFtZXJpY2FuYS8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5Nzkz=
Mzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jY=
W1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV=
9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXR=
tX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90=
ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0O=
GQyOCIsImxpbmtfaWQiOjI4NDI3MTV9/5dd0f7bb23dee8f06c34d6995550bae63870310bd=
e010ad75f3ce61ab6e55821" =
style=3D"text-decoration:underline;color:#d40000;"><em>Impolitic</em></a>=
.<br/><em>and=E2=80=A6</em><br/>Matt and EntTelligence strategy chief =
<strong>Steve Buck</strong> puzzle over Hollywood=E2=80=99s box office =
resurgence on
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdF9lcGlzb2RlL3doeS1hdHRlbmRhbmNlLXRlbGxzLWEtYmV0dGVyLXN0b3J5LXRoYW4=
tYm94LW9mZmljZS8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQy=
YjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGV=
yXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAx=
ZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4N=
DIwODZ9/622afe4beba062293ca1297ae47a94086deec64ba4ee19b0a45cf51c72d02223"=
 style=3D"text-decoration:underline;color:#d40000;"><em>The =
Town</em></a>.<br/><em>and=E2=80=A6</em><br/>Peter and Julia Ioffe hash =
out <strong>J.D. Vance</strong>=E2=80=99s pointed break with Israel on =
<a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdF9lcGlzb2RlL3ZhbmNlcy1mb3JlaWduLXBvbGljeS1waXZvdC8_cHI9ZTM0NTZiYzF=
mNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcyYWMyNzkw=
Nlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyN=
iUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGNCUyRj=
I2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1wdWNrLWN=
pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2=
MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDIwODd9/197b2d8e7935dd20bc208904=
204a58b06029dc6d9d007ca5549826c6a31ae648" =
style=3D"text-decoration:underline;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-break:break-word;=
"><tbody><tr><td class=3D"r" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;"><em>As a reminder, =
you can update your profile at any time to get more stories like these =
directly
in your inbox. <a =
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V3c2xldHRlcnMvP3ByPWUzNDU2YmMxZjRkMjcwZjRhOTc5MzM3NTg2NDVmZGMyMWUzOTY0MmI=
zMWNhMzQzYzE4MThmNzk3MmFjMjc5MDZcdTAwMjZ1dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9y=
eSstK0xFQURTKyUyODclMkY0JTJGMjYlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9tZWRpdW09bmV3c2xldHRlcl=
x1MDAyNnV0bV9zb3VyY2U9cHVjay1jaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ=
0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxNTZ9=
/c21077c27a15b52c583b9e31b01a7711e16621b70a0a79e043232113c0953cc0" =
target=3D"_blank" rel=3D"noopener" =
style=3D"text-decoration:underline;color:#d40000;">Click here</a> 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;"><tbody><tr><td =
class=3D"r" style=3D"padding-bottom:32px;" align=3D"center">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" =
role=3D"presentation" width=3D"30%" =
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbody><tr><td =
style=3D"font-size:1px;line-height:1px;border-top:2px solid =
#d40000;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</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;"><tbody><tr><td =
class=3D"r" =
style=3D"width:100%;padding-bottom:32px;padding-left:24px;padding-right:2=
4px;" align=3D"center"><h3 =
style=3D"margin:0;color:#000000;direction:ltr;font-family:'PuckSerifDispl=
ay','Georgia';font-size:24px;font-weight:400;letter-spacing:normal;line-h=
eight:1.2;text-align:center;margin-top:0;margin-bottom:0;mso-line-height-=
alt:29px;">A Philadelphia Story</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-break:break-word;=
"><tbody><tr><td class=3D"r" style=3D"padding-bottom:32px;"><div =
style=3D"color:#000000;direction:ltr;font-family:'Inter','Arial';font-siz=
e:17px;font-weight:400;letter-spacing:0px;line-height:1.5;text-align:left=
;mso-line-height-alt:26px;"><p style=3D"margin:0;">America=E2=80=99s big =
birthday week got started in typically patriotic fashion with a story as =
native to
these shores as amber waves of grain or bald eagles: the split of a =
family-run media dynasty, which almost certainly sets up a vicious =
multiple arbitrage opportunity for the years to come. Early Monday =
morning, as I was watering my famished hydrangeas, the <strong>Roberts =
</strong>family announced that they=E2=80=99d be breaking Comcast up in =
two=E2=80=94severing the cable and connectivity business from Sky and =
NBCUniversal.<br/><br/>The rise of the Robertses is a veritable =
<strong>Horatio Alger </strong>story on
peptides. More than 60 years ago, paterfamilias <strong>Ralph Roberts =
</strong>bought a humble cable TV system in Tupelo that he would forge, =
over many decades, into the pioneering behemoth Comcast. The elder =
Roberts cultivated a patrician gestalt that helped define an era of =
breathtaking American industry and dealmaking. Beneath the bowtie and =
pocket square was a hungry visionary, whose financial acumen is =
delectably conveyed in <strong>Barry Diller</strong>=E2=80=99s recent =
memoir, <em>Who
Knew</em>.<br/><br/><strong>Brian</strong> <strong>Roberts</strong>, =
Ralph=E2=80=99s son, spent the intervening decades building the heirloom =
into a full-blown media conglomerate through a number of transformative =
deals=E2=80=94the pioneering $72 billion purchase of AT&amp;T Broadband, =
which my partner <strong>Bill Cohan </strong>helped close in 2002, =
during his investment banker era; the two-step acquisition of NBC from =
GE, years later; and the more recent $40 billion takeover of Sky. The =
latter, of course, was
perhaps a consolation prize after Roberts bid up <strong>Bob Iger =
</strong>to obtain <strong>Rupert Murdoch</strong>=E2=80=99s =
entertainment business before eventually losing out on the bounty. And =
yet, with more of a whimper than a bang, Roberts announced on Monday =
that his media and cable assets no longer made as much synergistic sense =
under one roof=E2=80=94a conclusion that the market had arrived at more =
than a year ago=E2=80=94sending the stock soaring as much as 20 percent =
before coming back down to
earth.<br/><br/>Immediately, this all-American storyline mobilized my =
peerless partners at Puck, who examined the dynamics from every angle. =
Were the Robertses <em>really </em>spinning these holdings for life on =
the public markets, or simply positioning them for future M&amp;A =
opportunities? Were they going to be sharks, gobbling up smaller assets =
in their markets, or mere minnows? Would Netflix, which recently lost =
Warner Bros. to the <strong>Ellisons</strong>, bite on =
NBCU=E2=80=94thereby, perhaps,
rendering the company its own Sky of sorts? Would the connectivity =
business get hoovered up by Charter, which just paid about $35 billion =
for Cox, as the threat of <strong>Elon</strong>=E2=80=99s Starlink =
looms?<br/><br/>In <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZG=
9udC1iZXQtb24tdGhlLWNvbWNhc3QtbmJjdW5pdmVyc2FsLXNwbGl0LWFjdHVhbGx5LWhhcHB=
lbmluZy8_cHI9ZTM0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2Ez=
NDNjMTgxOGY3OTcyYWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rT=
EVBRFMrJTI4NyUyRjQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLS=
tMRUFEUyslMjg3JTJGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI=
2dXRtX3NvdXJjZT1wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4=
IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4Mzg0ODR9/=
d0f76e1f9baba0ef0284b80ecab7a0ad763ba5aacfb53221c162dfa605057d67" =
style=3D"text-decoration:underline;color:#d40000;"><em>Don=E2=80=99t Bet =
on the Comcast=E2=80=93NBCU Split Actually Happening</em></a>, =
<strong>Matt Belloni </strong>brilliantly laid out the bull case for an
acquirer to come along before the conscious uncoupling can even be =
completed. In <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
hhdC1oYXBwZW5zLXRvLW5iYy1uZXdzLWFmdGVyLXRoZS1jb21jYXN0LXNwbGl0Lz9wcj1lMzQ=
1NmJjMWY0ZDI3MGY0YTk3OTMzNzU4NjQ1ZmRjMjFlMzk2NDJiMzFjYTM0M2MxODE4Zjc5NzJh=
YzI3OTA2XHUwMDI2dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGN=
CUyRjI2JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMk=
Y0JTJGMjYlMjlcdTAwMjZ1dG1fbWVkaXVtPW5ld3NsZXR0ZXJcdTAwMjZ1dG1fc291cmNlPXB=
1Y2stY2lvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6Mjg0MTE0NH0/ed5b0f648c0370956=
522920a1bb13917e665c1af6cf954090270af3ce6d75307" =
style=3D"text-decoration:underline;color:#d40000;"><em>Between 30 Rock =
and a Hard Place</em></a>, <strong>Dylan Byers </strong>assessed the =
options for NBC News in this brave new world. And in <a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdmTFRkc1NqWDNfblJ3UVBCWm4xTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2=
lsbC10aGUtbmJjdW5pdmVyc2FsLWNvbWNhc3Qtc3BsaXQtcmVhbGx5LWhhcHBlbi8_cHI9ZTM=
0NTZiYzFmNGQyNzBmNGE5NzkzMzc1ODY0NWZkYzIxZTM5NjQyYjMxY2EzNDNjMTgxOGY3OTcy=
YWMyNzkwNlx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyR=
jQlMkYyNiUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JT=
JGNCUyRjI2JTI5XHUwMDI2dXRtX21lZGl1bT1uZXdzbGV0dGVyXHUwMDI2dXRtX3NvdXJjZT1=
wdWNrLWNpb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwi=
OiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI4NDIzMzJ9/f2c51541662c51fc=
a2e3df416230730b1b8d3a7604d1ceec522b845166bd4839" =
style=3D"text-decoration:underline;color:#d40000;"><em>Breaking Up
Comcast Is Hard to Do</em></a>, Bill captured the view from Wall Street. =
I behoove you to read them all during this long and heat-domed holiday =
weekend.<br/><br/>But I wanted to give the final word here to Bill, who =
not only worked across the table from Roberts during his empire-building =
phase, but also dutifully chronicled the company=E2=80=99s rise in his =
bestselling tome on GE, <em>Power Failure</em>. In particular, Bill was =
fascinated by the denouement of this remarkable American =
fable=E2=80=94=E2=80=9Cthe laconic
nature of such a big and transformative announcement, since it pretty =
much means the end of the Comcast behemoth as we=E2=80=99ve known =
it.=E2=80=9D He then went on to quote Wolfe Research analyst =
<strong>Peter Supino</strong>, who noted in a report: =E2=80=9CA =
generational conglomerate tracing honored family lines does a strategic =
180-degree turn which includes the almost unmentioned resignation of its =
scion C.E.O., and all we got was 25 minutes with no slides and no open =
Q&amp;A.=E2=80=9D<br/><br/>Take it home, Bill: =E2=80=9CHonestly,
after what Brian went through to get NBCU in the first place, I was =
pretty shocked that he=E2=80=99d made the decision to part with it. But =
things have changed since he bought NBCU, and I=E2=80=99m sure he enjoys =
watching and helping his chosen executives succeed. At one point during =
my call with the Comcast executives, the names of fellow media titans =
<strong>John Malone</strong> and Barry Diller came up. It seemed like a =
telling and perhaps fateful reference. Malone, who is 85, seems to be =
winding down his
ambitions. Diller, who is 84, remains tireless. He wants to get his =
hands on CNN, if somehow the Ellisons are forced to sell it. Will Brian =
take after Malone? Or Diller? Wall Street is still waiting on, and =
guessing at, his answer. My bet is that Brian=E2=80=94still two decades =
younger than either man=E2=80=94has a few more acts left before =
retirement beckons.=E2=80=9D<br/><br/>My hunch is that Bill is right: =
America is the home of reinvention, and it=E2=80=99s hard to imagine =
Roberts doesn=E2=80=99t have another plot laid out. The old
<strong>F. Scott Fitzgerald </strong>line about no second acts in =
American life is about the falsest epigram in our intellectual canon; =
Roberts=E2=80=99s next act is truly one of the great stories of our =
time, and a leitmotif here at Puck.</p></div>
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