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Feb 08, 2025
The Backstory ( https://puck.news/newsletters/the-backstory/?utm_campaign=
=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEA=
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term=3Df6c60615e3d301d48d28 )
PREVIEW VERSION
PREVIEW VERSION
Start
a free 14-day trial ( https://puck.news/join/?utm_campaign=3DThe+Backstory+=
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d301d48d28 )=C2=A0to unlock unlimited access to Puck.
=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 a remarkable week: Matt Belloni investigated how Trump=E2=80=99s 60 =
Minutes lawsuit could imperil the Paramount merger; Dylan Byers got the rea=
dout from inside CBS News; Eriq Gardner decoded David Zaslav=E2=80=99s late=
st
legal headache; Lauren Sherman chronicled the Gucci ejector seat; Sarah Sha=
piro dug into Nike=E2=80=99s turnaround strategy; Rachel Strugatz scrutiniz=
ed the new Est=C3=A9e Lauder restructuring; Bill Cohan captured Wall Street=
=E2=80=99s lowkey satisfaction with Trump; Marion Maneker detailed a Gagosi=
an transition; Julie Davich combed through a Sotheby=E2=80=99s sale; and Jo=
hn Ourand
previewed an NFL battle. Meanwhile, Leigh Ann Caldwell inspected the USAID =
scandal; Tara Palmeri chatted up John Fetterman, and Peter Hamby talked wit=
h JB Pritzker.
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=
story+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8=
%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c6=
0615e3d301d48d28 )
=E2=80=8A
FASHION
FASHION
Lauren Sherman
unfurls ( https://puck.news/say-it-aint-sabato-de-sarno/?utm_campaign=3DThe=
+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%28=
2%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=
=3Df6c60615e3d301d48d28 ) the Sabato De Sarno morality tale at Gucci.
and=E2=80=A6
Rachel Strugatz presages ( https://puck.news/estee-lauder-needs-to-change-a=
-new-ceo-is-not-enough/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%=
29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_=
action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the new r=
egime changes at Est=C3=A9e
Lauder.
meanwhile=E2=80=A6
Sarah Shapiro details ( https://puck.news/nikes-comeback-will-depend-on-a-r=
eturn-to-multichannel/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%2=
9&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_a=
ction&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Nike=E2=80=
=99s second mover advantage.
=E2=80=8A
ART MARKET
ART MARKET
Marion Maneker
analyzes ( https://puck.news/the-asian-art-markets-failure-to-launch/?utm_c=
ampaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstor=
y+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.=
io&utm_term=3Df6c60615e3d301d48d28 ) the softness in the Asian market and o=
ffers ( https://puck.news/with-final-cy-twombly-show-gagosian-gallery-vacat=
es-980-madison-avenue/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%2=
9&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_a=
ction&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) a Gagosian=
retrospective of sorts.
and=E2=80=A6
Julie Davich
peruses ( https://puck.news/sothebys-aso-tavitian-auction-old-master-painti=
ngs-english-furniture/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%2=
9&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_a=
ction&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Aso Taviti=
an=E2=80=99s gilded age.
=E2=80=8A
HOLLYWOOD
HOLLYWOOD
Matt Belloni
assesses ( https://puck.news/will-trumps-fcc-chair-kill-the-paramount-skyda=
nce-deal/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the Skydance-Paramount =
deal amid the latest political storm.
and=E2=80=A6
Eriq Gardner investigates ( https://puck.news/new-superman-could-be-barred-=
from-release-outside-u-s/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F2=
5%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demai=
l_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Zaz=E2=
=80=99s Superman legal
headache.
=E2=80=8A
WALL STREET
WALL STREET
Bill Cohan gets a
surprisingly sunny ( https://puck.news/wall-street-is-still-aboard-the-trum=
p-train/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Trump-era pulse check f=
rom the top of Wall Street.
=E2=80=8A
MEDIA
MEDIA
Dylan Byers
unearths ( https://puck.news/major-advertisers-are-quietly-slinking-back-to=
-fox-news/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_conten=
t=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_so=
urce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) a Fox News bump and de=
tails ( https://puck.news/cbs-news-divided-on-trump-lawsuit-settlement/?utm=
_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backst=
ory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustome=
r.io&utm_term=3Df6c60615e3d301d48d28 ) the vexation at CBS News.
and=E2=80=A6
John Ourand
covers ( https://puck.news/will-the-nfl-finally-add-an-18th-game/?utm_campa=
ign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+=
LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&u=
tm_term=3Df6c60615e3d301d48d28 ) the latest twist in the NFL=E2=80=99s ques=
t for an 18th game, and detects ( https://puck.news/the-luka-doncic-anthony=
-davis-trade-has-a-secret-culprit/?utm_campaign=3DThe+Backstory+-+LEADS+%28=
2%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medi=
um=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 =
) the secret culprit in an NBA mega-trade.
=E2=80=8A
WASHINGTON
WASHINGTON
Leigh Ann Caldwell
gets to the bottom ( https://puck.news/can-anything-save-usaid/?utm_campaig=
n=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LE=
ADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm=
_term=3Df6c60615e3d301d48d28 ) of the USAID mess.
and=E2=80=A6
Tara Palmeri talks ( https://puck.news/john-fetterman-stop-freaking-out-abo=
ut-trump/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Trump tactics with John=
Fetterman.
meanwhile=E2=80=A6
Peter Hamby checks in ( https://puck.news/jb-pritzker-our-policies-are-not-=
off-our-message-was/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&=
utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_act=
ion&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) with the pre=
sident=E2=80=99s loudest critic: JB Pritzker.
=E2=80=8A
PODCASTS
PODCASTS
=F0=9F=8E=A7 Dylan goes deep on A.I. and, yes, print with
Atlantic C.E.O. Nick Thompson on The Grill Room ( https://puck.news/podcast=
_episode/the-atlantics-a-i-survival-kit/?utm_campaign=3DThe+Backstory+-+LEA=
DS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&ut=
m_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d=
48d28 ).
and=E2=80=A6
ESPN=E2=80=99s Don Van Natta Jr. offers some Goodell-ology on The
Varsity ( https://puck.news/podcast_episode/in-goodell-we-trust/?utm_campai=
gn=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+L=
EADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&ut=
m_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Lauren remembers the Liz Tilberis era on Fashion People ( https://puck.news=
/podcast_episode/fashion-in-the-golden-age-of-magazines-and-sabatos-farewel=
l-finally/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_conten=
t=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_so=
urce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
John Heilemann
and Ezra Klein chop up the legality of Trump=E2=80=99s recent directives on=
Impolitic ( https://puck.news/podcast_episode/ezra-klein-dont-call-it-a-co=
up-yet/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Matt and Antenna C.E.O. Jonathan Carson discuss the NFL=E2=80=99s possibili=
ties in the digital age on
The Town ( https://puck.news/podcast_episode/nfl-and-streaming-a-super-bowl=
-data-dive/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_conte=
nt=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_s=
ource=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
John Fetterman tells Tara that his colleagues need to stop freaking out abo=
ut Trump on
Somebody=E2=80=99s Gotta Win ( https://puck.news/podcast_episode/sen-john-f=
etterman-on-gaza-latest-toxic-democrats-and-why-they-cant-win-white-men/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backs=
tory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustom=
er.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Kim Masters offers a talmudic reading of Baldoni-gate with Peter on
The Powers That Be ( https://puck.news/podcast_episode/emilia-perez-p-r-pan=
ic-the-lively-baldoni-legal-tangle/?utm_campaign=3DThe+Backstory+-+LEADS+%2=
82%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_med=
ium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28=
).
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%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%=
2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60=
615e3d301d48d28 ) to customize your email settings.
=E2=80=8A
Trading
Places
-------
Last Saturday evening, blessedly, the only obligation on my calendar was to=
enjoy the
Knicks-Lakers game with my 11-year-old son from the comfort of our TV room.=
I=E2=80=99d been looking forward to it all week long, in fact=E2=80=94a re=
ward at the end of yet another extraordinarily busy week at our fast-growin=
g business. It was an enjoyable moment of parental circumspection, too. The=
Knicks, who=E2=80=99ve been depressingly miserable for much of the past qu=
arter century, are having their most exciting regular season since the earl=
y =E2=80=9990s, when I was around my son=E2=80=99s age.=C2=A0
Right from the tip-off, though, I got a spidey sense that this wasn=E2=80=
=99t going to be our evening. LeBron James looked like a younger version of=
himself, chasing down loose balls and effortlessly elevating for dunks tha=
t I remembered from his first tour in Cleveland, back when he was in short =
pants. Meanwhile, the Knicks=E2=80=99 two young stars, Jalen Brunson and Ka=
rl-Anthony Towns, were in retrograde. The game seemed lost by the
third quarter, and got so far out of hand during the fourth that the Lakers=
were able to insert Bronny James, a bench player who happens to be LeBron=
=E2=80=99s son. After the contest mercifully ended, I half-listened to the =
elder James=E2=80=99s postgame interview with ESPN. I was taken aback by hi=
s effusive praise of his copilot, Anthony Davis, who had missed the game du=
e to injury=E2=80=94I mean, LeBron seemed to be really hamming it up. Nice =
guy, I thought, before lumbering
off to bed.
Hours later, of course, ESPN would break the news that the Lakers had pulle=
d off the most consequential midseason trade in modern NBA history. Shortly=
after midnight, Davis was off to Dallas, poor guy, in return for the 25-ye=
ar-old Slovenian wunderkind Luka Don=C4=8Di=C4=87. A balance of power had s=
hifted, and the economics were poised to follow. But also: The trade made z=
ero sense on its face. Even a casual fan would
understand that Don=C4=8Di=C4=87 was a far more valuable player than Davis.=
Perhaps that=E2=80=99s why LeBron had been so effusive, after all?
=C2=A0
Soon after I learned the news, on Sunday morning, I told my son, who was ag=
hast in a delightfully 11-year-old boy sort of way. Then I texted my partne=
r John Ourand. John, an empty nester who still remembers the hours of engag=
ement required at my stage of
parenthood, responded immediately, affirming that he=E2=80=99d find out the=
real story in time for the latest issue of The Varsity ( https://puck.news=
/newsletters/the-varsity/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F2=
5%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demai=
l_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ), his ge=
nre-defining private email focused on the sports media business. As I took =
my first sip of coffee, I couldn=E2=80=99t wait to see what he would uneart=
h.
The next afternoon, John sent over a draft of his latest blockbuster, The S=
ecret Culprit in the Luka-A.D. Trade ( https://puck.news/the-luka-doncic-an=
thony-davis-trade-has-a-secret-culprit/?utm_campaign=3DThe+Backstory+-+LEAD=
S+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm=
_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d4=
8d28 )=E2=80=94possibly my favorite piece in his growing oeuvre at Puck. In=
deed, John had determined that one of the sinister forces at play in the ba=
ckground of the trade was the declining regional sports networks business.
Longtime Puck enthusiasts may be familiar with these
so-called R.S.N.s=E2=80=94the local cable channels that used to make a mint=
by broadcasting live baseball, basketball, or hockey games within a single=
local market. Alas, this industry has been profoundly upended by cord-cutt=
ing, contraction, and unfriendly economics, to the point where the Maverick=
s now make only $45 million a year to broadcast their games in Dallas.=C2=
=A0
And yet the Lakers, as John reported, are one of the last remaining outlier=
s, via
their $200 million annual agreement=E2=80=94the richest in the league=E2=80=
=94with Spectrum SportsNet. In fact, the capitulation of the Dallas R.S.N. =
business is likely one reason that the Mavs=E2=80=99 bombastic owner, Mark =
Cuban, recently sold his controlling interest in the team to the Adelson fa=
mily, who appear to have grand designs of amortizing the club=E2=80=99s val=
ue via hospitality and gaming, their hallmark. =E2=80=9CAs the R.S.N. busin=
ess continues to crater, the local media environments in
both markets certainly played a part in this deal,=E2=80=9D John noted in h=
is piece. =E2=80=9CLuka, after all, was on pace to demand a five-year $345 =
million deal this summer. Sure, the NBA=E2=80=99s $77 billion national medi=
a deals will kick in next season, but it=E2=80=99s hard to see how the Mavs=
could afford to keep the star Slovenian guard while countenancing the disl=
ocation of its local rights situation.=E2=80=9D
The machinations of the sports media business may not always rise to the le=
vel of
global significance as some of Puck=E2=80=99s other power corners. (To wit:=
I=E2=80=99d behoove you to spend some time devouring Peter Hamby=E2=80=99s=
recent chat ( https://puck.news/jb-pritzker-our-policies-are-not-off-our-m=
essage-was/?utm_campaign=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_conte=
nt=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_medium=3Demail_action&utm_s=
ource=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) with a presidential-s=
ounding JB Pritzker, or Tara Palmeri=E2=80=99s illuminating conversation ( =
https://puck.news/john-fetterman-stop-freaking-out-about-trump/?utm_campaig=
n=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LE=
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_term=3Df6c60615e3d301d48d28 ) with John Fetterman.) But they reflect how i=
ntertwined our society has become. The morning after the trade, executives =
at Disney and Warner Bros. Discovery were combing through their schedules t=
o see how many times LeBron and his new dance partner would
show up. (And, as Eriq Gardner reported ( https://puck.news/new-superman-co=
uld-be-barred-from-release-outside-u-s/?utm_campaign=3DThe+Backstory+-+LEAD=
S+%282%2F8%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%282%2F8%2F25%29&utm=
_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d4=
8d28 ), the answer may or may not have been enough to distract David Zaslav=
from the latest headache in his portfolio.) Indeed, this is one of the gre=
at stories of our time, and precisely what you should expect to read about =
in Puck.
=E2=80=8A
Have a great weekend, and enjoy the game,
Jon
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ht: 0px; overflow: hidden; mso-hide:all;">Good morning, Thanks for reading =
The Backstory, your weekly review of the best new work at Puck. It was a re=
markable week: Matt Belloni investigated how Trump=E2=80=99s 60 Minutes law=
suit could imperil the Paramount merger; Dylan Byers got the readout from i=
nside CBS News; Eriq Gardner decoded David Zaslav=E2=80=99s latest legal he=
adache</div>
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<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
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dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #d9d=
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x;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-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
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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:#d40000;font-family:'PuckSerifDisplay','Georgia';font-si=
ze:24px;font-weight:400;padding-bottom:24px;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:8px;"><img alt=3D"Jon Kelly" src=3D"https://userimg-assets.=
customeriomail.com/images/client-env-107382/1729518658506_avatar-jon_01JAQN=
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le=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:'PuckSerifDisplay','Georgia';=
font-size:24px;font-weight:400;color:#d40000;vertical-align:middle;letter-s=
pacing:undefined;text-align:left;line-height:normal;">Jon Kelly
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<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:22px;=
"><div style=3D"color:#000000;direction:ltr;font-family:'Inter',=
9;Arial';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;marg=
in-bottom:0px;">Good morning,</p><p style=3D"margin:0;margin-bottom:0px;">=
=C2=A0</p><p style=3D"margin:0;margin-bottom:0px;">Thanks for reading The B=
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 a remar=
kable week: <strong>Matt Belloni </strong>investigated how <strong>Trump</s=
trong>=E2=80=99s <em>60 Minutes </em>lawsuit could imperil the Paramount me=
rger; <strong>Dylan Byers </strong>got the readout from inside CBS News; <s=
trong>Eriq Gardner </strong>decoded <strong>David Zaslav</strong>=E2=80=99s=
latest
legal headache; <strong>Lauren Sherman </strong>chronicled the Gucci ejecto=
r seat; <strong>Sarah Shapiro </strong>dug into Nike=E2=80=99s turnaround s=
trategy; <strong>Rachel Strugatz </strong>scrutinized the new Est=C3=A9e La=
uder restructuring; <strong>Bill Cohan </strong>captured Wall Street=E2=80=
=99s lowkey satisfaction with Trump; <strong>Marion Maneker </strong>detail=
ed a <strong>Gagosian </strong>transition; <strong>Julie Davich </strong>co=
mbed through a Sotheby=E2=80=99s sale; and <strong>John Ourand
</strong>previewed an NFL battle. Meanwhile, <strong>Leigh Ann Caldwell </s=
trong>inspected the USAID scandal; <strong>Tara Palmeri </strong>chatted up=
<strong>John Fetterman</strong>, and <strong>Peter Hamby </strong>talked w=
ith <strong>JB Pritzker</strong>.</p></div>
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=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0p=
t;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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;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;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:'Inter','Arial'=
;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>Check out =
these stories, and others, via the links below. And stick around for the ba=
ckstory on how it
all came together.</em></p></div>
</td></tr></tbody></table>
<table class=3D"g oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspa=
cing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rs=
pace:0pt;"><tbody><tr><td style=3D"padding-bottom:37px;text-align:center;">=
<div class=3D"r" align=3D"center"><a href=3D"https://email.puck.news/e/c/ey=
JlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJoc=
mVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvam9pbi8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3Rvcnkr=
LStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSs=
tK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MD=
AyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0O=
GQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjo1NTg2Nzl9=
/53b3479447f981eb8219c337aff93264e685a62f5b803a7e33e4303cf313e3ea" target=
=3D"_blank" style=3D"color:#ffffff;text-decoration:none;"><span class=3D"m"=
style=3D"background-color:#d40000;border-bottom:2px solid #d40000;border-l=
eft:2px solid #d40000;border-radius:4px;border-right:2px solid #d40000;bord=
er-top:2px
solid #d40000;color:#ffffff;display:inline-block;font-family:'Inter'=
;,'Arial';font-size:14px;font-weight:700;mso-border-alt:none;paddin=
g-bottom:8px;padding-top:8px;padding-left:20px;padding-right:20px;text-alig=
n:center;width:60%;word-break:keep-all;letter-spacing:normal;"><span style=
=3D"word-break:break-word;line-height:28px;">START A FREE 14-DAY TRIAL</spa=
n></span></a></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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:22px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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"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:'PuckSerifDisplay','Georgia';=
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 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:'Inter'=
,'Arial';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>Lauren Sherman
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvc2F5LWl0LWFpbnQtc2FiYXRvLWRlLXNhcm5vLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzd=
G9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0=
b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9=
uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMz=
AxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwN=
zIxNzR9/290bc9b5fd43a152ed64cb1ea975df590ba7d6fdfddad1c199259b5deffd0191" s=
tyle=3D"text-decoration:underline;color:#d40000;">unfurls</a> the <strong>S=
abato De Sarno</strong> morality tale at Gucci.</p><p style=3D"margin:0;mar=
gin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bott=
om:16px;"><strong>Rachel Strugatz </strong><a href=3D"https://email.puck.ne=
ws/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1=
dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZXN0ZWUtbGF1ZGVyLW5lZWRzLXRvLWNoYW5=
nZS1hLW5ldy1jZW8taXMtbm90LWVub3VnaC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLS=
tMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK=
0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAy=
NnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQ=
yOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDcxMTQwfQ=
/ac7c8188999c11871e208d1c0b79014c6842af441e7d2f22bccd423018333601" style=3D=
"text-decoration:underline;color:#d40000;">presages</a> the new regime chan=
ges at Est=C3=A9e
Lauder.</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/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5=
RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmlrZXMtY29tZWJ=
hY2std2lsbC1kZXBlbmQtb24tYS1yZXR1cm4tdG8tbXVsdGljaGFubmVsLz91dG1fY2FtcGFpZ2=
49VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVud=
D1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09=
ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY=
2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
xpbmtfaWQiOjIwNjkxMjd9/37f55068305894fc18963b04bccc6a003598e95743600f64ab8f=
edfa1f90001a" style=3D"text-decoration:underline;color:#d40000;">details</a=
> Nike=E2=80=99s second mover advantage.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGh=
lLWFzaWFuLWFydC1tYXJrZXRzLWZhaWx1cmUtdG8tbGF1bmNoLz91dG1fY2FtcGFpZ249VGhlK0=
JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQ=
mFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxf=
YWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE=
1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaW=
QiOjIwNzEzMjR9/202f30b8de89b6752adcadd38cf4fa6501d4506b075aa5bc1556c8743690=
cf25" style=3D"text-decoration:underline;color:#d40000;">analyzes</a> the s=
oftness in the Asian market and <a href=3D"https://email.puck.news/e/c/eyJl=
bWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmV=
mIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2l0aC1maW5hbC1jeS10d29tYmx5LXNob3ctZ2Fnb3NpYW=
4tZ2FsbGVyeS12YWNhdGVzLTk4MC1tYWRpc29uLWF2ZW51ZS8_dXRtX2NhbXBhaWduPVRoZStCY=
WNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0Jh=
Y2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2F=
jdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNW=
UzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkI=
joyMDc2MjQwfQ/9406ef3a7ee544849e71e7d3de3c3bdda3d3ee0b0b5bad008a2498aef655e=
e1d" style=3D"text-decoration:underline;color:#d40000;">offers</a> a <stron=
g>Gagosian </strong>retrospective of sorts.</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=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvc290aGVieXMtYXNvLXRhdml0aWFuLWF1Y3Rpb24tb2xkLW1hc3Rlci1wYWludGluZ3MtZ=
W5nbGlzaC1mdXJuaXR1cmUvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4=
MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg=
yJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cm=
NlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlc=
m5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA2OTA2OH0/9e9507ccf183=
442c7be018bd5ab1b6df87ebce9e59032c5b07e8f68a97bd8a30" style=3D"text-decorat=
ion:underline;color:#d40000;">peruses</a> <strong>Aso Tavitian</strong>=E2=
=80=99s gilded age.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvd2lsbC10cnVtcHMtZmNjLWNoYWlyLWtpbGwtdGhlLXBhcmFtb3VudC1za3lkYW5jZS1kZ=
WFsLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlc=
dTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx=
1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1=
x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxN=
WUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIwNzM2MDl9/e005d84fded36ddb562d2d2c966c5d8=
20d62204202f63115aed27ca835d9b600" style=3D"text-decoration:underline;color=
:#d40000;">assesses</a> the Skydance-Paramount deal amid the latest politic=
al storm.</p><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em=
></p><p style=3D"margin:0;"><strong>Eriq Gardner </strong><a href=3D"https:=
//email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWe=
TFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmV3LXN1cGVybWFuLWNv=
dWxkLWJlLWJhcnJlZC1mcm9tLXJlbGVhc2Utb3V0c2lkZS11LXMvP3V0bV9jYW1wYWlnbj1UaGU=
rQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZS=
tCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpb=
F9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2=
MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19=
pZCI6MjA3MDA3N30/7114ffb297f9d5078d3a71cdd8a06ad34c367e91cf4cbb8950ef3679cd=
7a0440" style=3D"text-decoration:underline;color:#d40000;">investigates</a>=
Zaz=E2=80=99s Superman legal
headache.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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>gets a
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2F=
sbC1zdHJlZXQtaXMtc3RpbGwtYWJvYXJkLXRoZS10cnVtcC10cmFpbi8_dXRtX2NhbXBhaWduPV=
RoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9V=
GhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVt=
YWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM=
2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW=
5rX2lkIjoyMDcwODA5fQ/6e27b671e346ae071684f226df54b696e73a86ecde8bcb0b3edcc7=
f763752365" style=3D"text-decoration:underline;color:#d40000;">surprisingly=
sunny</a> Trump-era pulse check from the top of Wall Street.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvbWFqb3ItYWR2ZXJ0aXNlcnMtYXJlLXF1aWV0bHktc2xpbmtpbmctYmFjay10by1mb3gtb=
mV3cy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5=
XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjl=
cdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW=
9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2M=
TVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDc2MDkxfQ/845295e38840c8629fef6e117bbd0=
33e4a2c6e197ec580e22643f1e685987df2" style=3D"text-decoration:underline;col=
or:#d40000;">unearths</a> a Fox News bump and <a href=3D"https://email.puck=
=2Enews/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnM=
ks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY2JzLW5ld3MtZGl2aWRlZC1vbi10cnVt=
cC1sYXdzdWl0LXNldHRsZW1lbnQvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFM=
rJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUy=
slMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc=
291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJp=
bnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA3MTI3M30/d7aa421=
189f7cc8eced6d744319f023b151242fac20a840a0e5d247ab30555d6" style=3D"text-de=
coration:underline;color:#d40000;">details</a> the vexation at CBS News.</p=
><p style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p styl=
e=3D"margin:0;"><strong>John Ourand
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvd2lsbC10aGUtbmZsLWZpbmFsbHktYWRkLWFuLTE4dGgtZ2FtZS8_dXRtX2NhbXBhaWduP=
VRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9=
VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWV=
tYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNm=
M2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsa=
W5rX2lkIjoyMDczMzk5fQ/8384c027dd4e586897e79e253c7b7685505e6bd22534ee08d2409=
5ed040e99c2" style=3D"text-decoration:underline;color:#d40000;">covers</a> =
the latest twist in the NFL=E2=80=99s quest for an 18th game, and <a href=
=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUd=
VNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWx1a2=
EtZG9uY2ljLWFudGhvbnktZGF2aXMtdHJhZGUtaGFzLWEtc2VjcmV0LWN1bHByaXQvP3V0bV9jY=
W1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9j=
b250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21=
lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3=
Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4Z=
DI4IiwibGlua19pZCI6MjA2NzgyMH0/9e39c1f811df1ccb9c8c373dcceb9e2bd1c671ac1a23=
74be9ff205e639e4b8d7" style=3D"text-decoration:underline;color:#d40000;">de=
tects</a> the secret culprit in an NBA mega-trade.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvY2FuLWFueXRoaW5nLXNhdmUtdXNhaWQvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5K=
y0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3Rvcnkr=
LStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTA=
wMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkND=
hkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA3MTM4M=
X0/d33426fbe9b028e2b1f3ed907071ec2e5715cbd7ee698cc21d679fe137643753" style=
=3D"text-decoration:underline;color:#d40000;">gets to the bottom</a> of the=
USAID mess.</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>Tara Palmeri </st=
rong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5=
TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3=
Mvam9obi1mZXR0ZXJtYW4tc3RvcC1mcmVha2luZy1vdXQtYWJvdXQtdHJ1bXAvP3V0bV9jYW1wY=
Wlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250=
ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl=
1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm=
09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4I=
iwibGlua19pZCI6MjA3MzQ2MH0/985cf57d2927d28879cc270bdff964e71e94f9aebbffb34f=
0e5eb8655a973cd2" style=3D"text-decoration:underline;color:#d40000;">talks<=
/a> Trump tactics with <strong>John Fetterman</strong>.</p><p style=3D"marg=
in:0;
margin-bottom:16px;"><em>meanwhile</em>=E2=80=A6</p><p style=3D"margin:0;">=
<strong>Peter Hamby </strong><a href=3D"https://email.puck.news/e/c/eyJlbWF=
pbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIj=
oiaHR0cHM6Ly9wdWNrLm5ld3MvamItcHJpdHprZXItb3VyLXBvbGljaWVzLWFyZS1ub3Qtb2ZmL=
W91ci1tZXNzYWdlLXdhcy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgy=
JTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODI=
lMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2=
U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVyb=
mFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDY3ODcxfQ/4ea33a575e4f0=
36169bc91c8479dbf3e6a475dd0096d28e69ac80776c273429c" style=3D"text-decorati=
on:underline;color:#d40000;">checks in</a> with the president=E2=80=99s lou=
dest critic: <strong>JB Pritzker</strong>.</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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-bottom:16px;padding-left:24px;padding-right:24px;padding-t=
op: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:'PuckSerifDisplay','Georgia=
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:'PuckSerifDisplay','Georgia';=
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:'Inter'=
,'Arial';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 goes deep on A.I. =
and, yes, print with
<em>Atlantic</em> C.E.O. <strong>Nick Thompson</strong> on <a href=3D"https=
://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZW=
eTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2R=
lL3RoZS1hdGxhbnRpY3MtYS1pLXN1cnZpdmFsLWtpdC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzd=
G9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlv=
blx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDM=
wMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMD=
c0MDA4fQ/e1dfa316bd4e86081ce291e66b244008d782fff9bdfd193ce03256dd387a87b7" =
style=3D"text-decoration:underline;color:#d40000;"><em>The Grill Room</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;">ESPN=E2=80=99s <strong>Don Van Na=
tta Jr. </strong>offers some Goodell-ology on <a href=3D"https://email.puck=
=2Enews/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnM=
ks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2luLWdvb2Rl=
bGwtd2UtdHJ1c3QvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjg=
lMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOC=
UyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c=
3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA3MDY1N30/58f844368884f401d5d=
4244c862816854711795d13a2adeeba90bb273585fe65" style=3D"text-decoration:und=
erline;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;">Lauren remembers t=
he <strong>Liz Tilberis </strong>era on <a href=3D"https://email.puck.news/=
e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0=
iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2Zhc2hpb24taW4tdG=
hlLWdvbGRlbi1hZ2Utb2YtbWFnYXppbmVzLWFuZC1zYWJhdG9zLWZhcmV3ZWxsLWZpbmFsbHkvP=
3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAy=
NnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI=
2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMD=
I2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkM=
zAxZDQ4ZDI4IiwibGlua19pZCI6MjA3NDAwOX0/62e38f81e8c98c8ab1e6978f51adf4b34436=
a0c66649e0dcc2360c426d3173e2" style=3D"text-decoration:underline;color:#d40=
000;"><em>Fashion People</em></a>.</p><p style=3D"margin:0;margin-bottom:16=
px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bottom:16px;">Joh=
n Heilemann<strong>
</strong>and <strong>Ezra Klein </strong>chop up the legality of Trump=E2=
=80=99s recent directives on <a href=3D"https://email.puck.news/e/c/eyJlbWF=
pbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIj=
oiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2V6cmEta2xlaW4tZG9udC1jYWxsL=
Wl0LWEtY291cC15ZXQvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUy=
RjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJ=
GOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPW=
N1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hb=
CI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjA3NDAxMH0/98714a78b1365bd7=
c3608e2261d5aabd71ec3f7ff8ca761dc2706c7f8800458c" style=3D"text-decoration:=
underline;color:#d40000;"><em>Impolitic</em></a>.</p><p style=3D"margin:0;m=
argin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bo=
ttom:16px;">Matt and Antenna C.E.O. <strong>Jonathan Carson </strong>discus=
s the NFL=E2=80=99s possibilities in the digital age on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL25mbC1hbmQtc3RyZWFtaW5nLWEtc3VwZXItYm93bC1kYXRhLWRpdmUvP3=
V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyN=
nV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2=
dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI=
2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMz=
AxZDQ4ZDI4IiwibGlua19pZCI6MjA3MjAyNX0/48d3392638ee3436fd8a6f5871422e181be59=
b924f9a23f85e2a231979b6954d" style=3D"text-decoration:underline;color:#d400=
00;"><em>The Town</em></a>.</p><p style=3D"margin:0;margin-bottom:16px;"><e=
m>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bottom:16px;"><strong>Jo=
hn Fetterman </strong>tells Tara that his colleagues need to stop freaking =
out about Trump on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL3Nlbi1qb2huLWZldHRlcm1hbi1vbi1nYXphLWxhdGVzdC10b3hpYy1kZW=
1vY3JhdHMtYW5kLXdoeS10aGV5LWNhbnQtd2luLXdoaXRlLW1lbi8_dXRtX2NhbXBhaWduPVRoZ=
StCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhl=
K0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWl=
sX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX=
2lkIjoyMDczNDYxfQ/76f22f8c70f0fcda9d48ca5b0419c38545aeaabe9622a9675c7684b33=
a256681" 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;"><e=
m>and=E2=80=A6</em></p><p style=3D"margin:0;"><strong>Kim Masters </strong>=
offers a talmudic reading of <strong>Baldoni</strong>-gate with Peter on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL2VtaWxpYS1wZXJlei1wLXItcGFuaWMtdGhlLWxpdmVseS1iYWxkb25pLW=
xlZ2FsLXRhbmdsZS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGO=
CUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4=
JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3V=
zdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIj=
oiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDcyMDI2fQ/c446f8af9f2299ebdb=
7ef015857acd9e70341cd73057ae124dc0a7aa0d8e0306" style=3D"text-decoration:un=
derline;color:#d40000;"><em>The Powers That Be</em></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"y o" width=3D"100%"=
style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;font-weight:400;text-al=
ign:left;padding-left:24px;padding-right:24px;padding-top:32px;vertical-ali=
gn: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=
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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>
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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;padding-left:24px;padding-right:24p=
x;text-align:center;width:100%;"><h3 style=3D"margin:0;color:#000000;direct=
ion:ltr;font-family:'PuckSerifDisplay','Georgia';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;">=
Trading
Places</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:'Inter','Arial'=
;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;">Last Saturday evening, blessedly, the only obligation on my calendar wa=
s to enjoy the
Knicks-Lakers game with my 11-year-old son from the comfort of our TV room.=
I=E2=80=99d been looking forward to it all week long, in fact=E2=80=94a re=
ward at the end of yet another extraordinarily busy week at our fast-growin=
g business. It was an enjoyable moment of parental circumspection, too. The=
Knicks, who=E2=80=99ve been depressingly miserable for much of the past qu=
arter century, are having their most exciting regular season since the earl=
y =E2=80=9990s, when I was around my son=E2=80=99s age.=C2=A0</p><p style=
=3D"margin:0;
margin-bottom:0px;"><br/>Right from the tip-off, though, I got a spidey sen=
se that this wasn=E2=80=99t going to be our evening. <strong>LeBron James <=
/strong>looked like a younger version of himself, chasing down loose balls =
and effortlessly elevating for dunks that I remembered from his first tour =
in Cleveland, back when he was in short pants. Meanwhile, the Knicks=E2=80=
=99 two young stars, <strong>Jalen Brunson </strong>and <strong>Karl-Anthon=
y Towns</strong>, were in retrograde. The game seemed lost by the
third quarter, and got so far out of hand during the fourth that the Lakers=
were able to insert <strong>Bronny James</strong>, a bench player who happ=
ens to be LeBron=E2=80=99s son. After the contest mercifully ended, I half-=
listened to the elder James=E2=80=99s postgame interview with ESPN. I was t=
aken aback by his effusive praise of his copilot, <strong>Anthony Davis</st=
rong>, who had missed the game due to injury=E2=80=94I mean, LeBron seemed =
to be <em>really </em>hamming it up. Nice guy, I thought, before lumbering
off to bed.<br/><br/></p><p style=3D"margin:0;margin-bottom:0px;">Hours lat=
er, of course, ESPN would break the news that the Lakers had pulled off the=
most consequential midseason trade in modern NBA history. Shortly after mi=
dnight, Davis was off to Dallas, poor guy, in return for the 25-year-old Sl=
ovenian wunderkind <strong>Luka Don=C4=8Di=C4=87</strong>. A balance of pow=
er had shifted, and the economics were poised to follow. But also: The trad=
e made zero sense on its face. Even a casual fan would
understand that Don=C4=8Di=C4=87 was a <em>far </em>more valuable player th=
an Davis. Perhaps that=E2=80=99s why LeBron had been so effusive, after all=
?</p><p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:=
0;margin-bottom:0px;">Soon after I learned the news, on Sunday morning, I t=
old my son, who was aghast in a delightfully 11-year-old boy sort of way. T=
hen I texted my partner <strong>John Ourand</strong>. John, an empty nester=
who still remembers the hours of engagement required at my stage of
parenthood, responded immediately, affirming that he=E2=80=99d find out the=
real story in time for the latest issue of <a href=3D"https://email.puck.n=
ews/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks=
1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmV3c2xldHRlcnMvdGhlLXZhcnNpdHkvP3=
V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyN=
nV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2=
dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI=
2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMz=
AxZDQ4ZDI4IiwibGlua19pZCI6NzU0ODY0fQ/0e9c0919ea088d11e9a0ca237c5d646f46a8dc=
a5662f43118c0868b9aeefd8ea" style=3D"text-decoration:underline;color:#d4000=
0;">The Varsity</a>, his genre-defining private email focused on the sports=
media business. As I took my first sip of coffee, I couldn=E2=80=99t wait =
to see what he would unearth.</p><p style=3D"margin:0;margin-bottom:0px;"><=
br/>The next afternoon, John sent over a draft of his latest blockbuster, <=
a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhl=
LWx1a2EtZG9uY2ljLWFudGhvbnktZGF2aXMtdHJhZGUtaGFzLWEtc2VjcmV0LWN1bHByaXQvP3V=
0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNn=
V0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2d=
XRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2=
dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzA=
xZDQ4ZDI4IiwibGlua19pZCI6MjA2NzgyMH0/9e39c1f811df1ccb9c8c373dcceb9e2bd1c671=
ac1a2374be9ff205e639e4b8d7" style=3D"text-decoration:underline;color:#d4000=
0;"><em>The Secret Culprit in the Luka-A.D. Trade</em></a>=E2=80=94possibly=
my favorite piece in his growing oeuvre at Puck. Indeed, John had determin=
ed that one of the sinister forces at play in the background of the trade w=
as the declining regional sports networks business.<br/><br/></p><p style=
=3D"margin:0;margin-bottom:0px;">Longtime Puck enthusiasts may be familiar =
with these
so-called R.S.N.s=E2=80=94the local cable channels that used to make a mint=
by broadcasting live baseball, basketball, or hockey games within a single=
local market. Alas, this industry has been profoundly upended by cord-cutt=
ing, contraction, and unfriendly economics, to the point where the Maverick=
s now make only $45 million a year to broadcast their games in Dallas.=C2=
=A0</p><p style=3D"margin:0;margin-bottom:0px;"><br/>And yet the Lakers, as=
John reported, are one of the last remaining outliers, via
their $200 million annual agreement=E2=80=94the richest in the league=E2=80=
=94with Spectrum SportsNet. In fact, the capitulation of the Dallas R.S.N. =
business is likely one reason that the Mavs=E2=80=99 bombastic owner, <stro=
ng>Mark Cuban</strong>, recently sold his controlling interest in the team =
to the <strong>Adelson </strong>family, who appear to have grand designs of=
amortizing the club=E2=80=99s value via hospitality and gaming, their hall=
mark. =E2=80=9CAs the R.S.N. business continues to crater, the local media =
environments in
both markets certainly played a part in this deal,=E2=80=9D John noted in h=
is piece. =E2=80=9CLuka, after all, was on pace to demand a five-year $345 =
million deal this summer. Sure, the NBA=E2=80=99s $77 billion national medi=
a deals will kick in next season, but it=E2=80=99s hard to see how the Mavs=
could afford to keep the star Slovenian guard while countenancing the disl=
ocation of its local rights situation.=E2=80=9D<br/><br/></p><p style=3D"ma=
rgin:0;">The machinations of the sports media business may not always rise =
to the level of
global significance as some of Puck=E2=80=99s other power corners. (To wit:=
I=E2=80=99d behoove you to spend some time devouring <strong>Peter Hamby</=
strong>=E2=80=99s <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6Im=
RnVDJ4Z1lEQU5TTktOT05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6L=
y9wdWNrLm5ld3MvamItcHJpdHprZXItb3VyLXBvbGljaWVzLWFyZS1ub3Qtb2ZmLW91ci1tZXNz=
YWdlLXdhcy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI=
1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODIlMkY4JTJGMj=
UlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZ=
XIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZj=
NjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMDY3ODcxfQ/4ea33a575e4f036169bc91c8=
479dbf3e6a475dd0096d28e69ac80776c273429c" style=3D"text-decoration:underlin=
e;color:#d40000;">recent chat</a> with a <em>presidential-sounding </em><st=
rong>JB Pritzker</strong>, or <strong>Tara Palmeri</strong>=E2=80=99s <a hr=
ef=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQ=
UdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvam9obi1m=
ZXR0ZXJtYW4tc3RvcC1mcmVha2luZy1vdXQtYWJvdXQtdHJ1bXAvP3V0bV9jYW1wYWlnbj1UaGU=
rQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZS=
tCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpb=
F9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2=
MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19=
pZCI6MjA3MzQ2MH0/985cf57d2927d28879cc270bdff964e71e94f9aebbffb34f0e5eb8655a=
973cd2" style=3D"text-decoration:
underline;color:#d40000;">illuminating conversation</a> with <strong>John F=
etterman</strong>.) But they reflect how intertwined our society has become=
=2E The morning after the trade, execut=
ives at Disney and Warner Bros. Discov=
ery were combing through their schedules to see how many times LeBron and h=
is new dance partner would show up. (And, as <strong>Eriq Gardner </strong>=
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdVNWR5RkZWeTFTOUlwTmpnMks1dz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmV=
3LXN1cGVybWFuLWNvdWxkLWJlLWJhcnJlZC1mcm9tLXJlbGVhc2Utb3V0c2lkZS11LXMvP3V0bV=
9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MiUyRjglMkYyNSUyOVx1MDAyNnV0b=
V9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgyJTJGOCUyRjI1JTI5XHUwMDI2dXRt=
X21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXR=
tX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZD=
Q4ZDI4IiwibGlua19pZCI6MjA3MDA3N30/7114ffb297f9d5078d3a71cdd8a06ad34c367e91c=
f4cbb8950ef3679cd7a0440" style=3D"text-decoration:underline;color:
#d40000;">reported</a>, the answer may or may not have been enough to distr=
act <strong>David Zaslav </strong>from the latest headache in his portfolio=
=2E) Indeed, this is one of the great s=
tories of our time, and precisely what=
you should expect to read about in Puck.</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;"><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;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:'Inter','Arial'=
;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, and enjoy the game,</p><p style=3D"margin:0;">Jon=
</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
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rspace:0pt;"><tbody><tr><td>
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x;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-al=
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border-bottom:0px;border-left:0px;">
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