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Subject: A CBS Headache, A Gwyneth Drama & A Very D.C. Media Crisis
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Thanks for reading The Backstory, your weekly review of the best new work e=
manating from Puck. It was another incredible week: Matt Belloni measured H=
ollywood=E2=80=99s profound election anxiety; Lauren Sherman recalled the o=
rigins of the Mike Jeffries scandal; Marion Maneker searched for signs of a=
n art market turnaround in Paris
=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=
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=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=
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=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=
=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=
=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=
=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0
The Backstory ( https://puck.news/?utm_campaign=3DThe+Backstory+-+LEADS+%28=
10%2F26%2F24%29&utm_source=3Dcustomer.io )
The Backstory ( https://go.globalxetfs.com/l/750543/2024-04-02/bdl8v6?utm_c=
ampaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io=
)
PREVIEW VERSION
Start a free 14-day trial ( https://puck.news/join/?utm_campaign=3DThe+Back=
story+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) to unlock unlim=
ited access to Puck.
Good morning,
Thanks for reading The Backstory, your weekly review of the best new work e=
manating from Puck.
It was another incredible week: Matt Belloni measured Hollywood=E2=80=99s p=
rofound election anxiety; Lauren Sherman recalled the origins of the Mike J=
effries scandal; Marion Maneker searched for signs of an art market turnaro=
und in Paris; Eriq Gardner revealed a potential CBS headache for David Elli=
son; Rachel Strugatz dug into Goop Beauty=E2=80=99s messy makeover; Dylan B=
yers unveiled Playbook=E2=80=99s new playbook; Bill Cohan scrutinized Cathi=
e Wood=E2=80=99s books; and John Ourand broke the news on ESPN=E2=80=99s Ja=
son Kelce overtures. Meanwhile, John Heilemann chatted with David Plouffe a=
nd Wes Moore; Tara Palmeri got the early-voting
readout from Mar-a-Lago; Abby Livingston chronicled the Capitol Hill money =
wars; and Peter Hamby probed Harris=E2=80=99s Latino problem.
Check out these stories, and others, via the links below. And stick around =
for the backstory on how it all came together.
Learn More ( https://puck.news/join/?utm_campaign=3DThe+Backstory+-+LEADS+%=
2810%2F26%2F24%29&utm_source=3Dcustomer.io )
A MESSAGE FROM OUR SPONSOR
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mpaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io =
)
An Actively Managed ETF for EM Bond Exposure
U.S. interest rates have declined after a significant rise, leaving income =
investors to explore alternatives beyond U.S. Treasuries. Historically foll=
owing Federal Reserve cuts, emerging market central banks have lowered rate=
s to stimulate growth, positioning EM bonds to potentially produce attracti=
ve yields.
Learn more about the Global X Emerging Markets Bond ETF (EMBD) ( https://ww=
w.globalxetfs.com/funds/embd/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F=
26%2F24%29&utm_source=3Dcustomer.io )
FASHION:
Lauren Sherman details ( https://puck.news/the-fall-of-an-abercrombie-it-bo=
y-mike-jeffries/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&ut=
m_source=3Dcustomer.io ) the Abercrombie crisis and collects ( https://puck=
=2Enews/stefano-cantino-consolidates-p=
ower-at-gucci/?utm_campaign=3DThe+Backs=
tory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) all the Gucci pr=
ophecies.
and=E2=80=A6
Rachel Strugatz has the latest ( https://puck.news/gwyneth-paltrow-beauty-m=
akeover-for-goop/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&u=
tm_source=3Dcustomer.io ) Gwyneth Paltrow dish.
ART MARKET:
Marion Maneker detects signs ( https://puck.news/category/art/?utm_campaign=
=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) of a=
market turnaround at Art Basel Paris.
HOLLYWOOD:
Matt Belloni captures ( https://puck.news/how-are-we-feeling-about-kamala-h=
ollywood-edition/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&u=
tm_source=3Dcustomer.io ) the collective pre-election bedsheet-soiling acro=
ss the town.
and=E2=80=A6
Eriq Gardner uncovers ( https://puck.news/could-a-trump-fcc-detail-the-skyd=
ance-paramount-merger/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24=
%29&utm_source=3Dcustomer.io ) a potential CBS snag in David Ellison=E2=80=
=99s Paramount deal.
meanwhile=E2=80=A6
Scott Mendelson assesses ( https://puck.news/anora-and-the-perils-of-the-pl=
atform-release/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm=
_source=3Dcustomer.io ) Anora=E2=80=99s platform release strategy.
WALL STREET:
Bill Cohan parses ( https://puck.news/why-is-anyone-still-listening-to-cath=
ie-wood/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=
=3Dcustomer.io ) Cathie Wood=E2=80=99s portfolio.
MEDIA:
Dylan Byers previews ( https://puck.news/playbooks-new-playbook-post-nuzzig=
ate/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dc=
ustomer.io ) a pivot at Politico
and=E2=80=A6
John Ourand relays news ( https://puck.news/is-jason-kelce-getting-his-own-=
late-night-show-on-espn/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F=
24%29&utm_source=3Dcustomer.io ) of a potential Jason Kelce starring role a=
t ESPN.
WASHINGTON:
Tara Palmeri reports on ( https://puck.news/is-jason-kelce-getting-his-own-=
late-night-show-on-espn/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F=
24%29&utm_source=3Dcustomer.io ) the early-voting euphoria in Mar-a-Lago as=
John Heilemann talks ( https://puck.news/harris-advisor-david-plouffe-on-k=
amalas-higher-ceiling/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24=
%29&utm_source=3Dcustomer.io ) late-game strategy with Harris campaign czar=
David Plouffe.
and=E2=80=A6
Peter Hamby analyzes ( https://puck.news/kamalas-issues-with-latinos-could-=
prove-decisive/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm=
_source=3Dcustomer.io ) Harris=E2=80=99s Latino Achilles=E2=80=99 heel.
PODCASTS:
John Ourand and MLB commissioner Rob Manfred discuss ( https://puck.news/po=
dcast_episode/manfreds-mlb-magic/?utm_campaign=3DThe+Backstory+-+LEADS+%281=
0%2F26%2F24%29&utm_source=3Dcustomer.io ) baseball=E2=80=99s media crossroa=
ds on The Varsity.
and=E2=80=A6
John Heilemann checks in with ( https://puck.news/podcast_episode/wes-moore=
-trump-is-no-friend-of-the-military-harris-isnt-biden/?utm_campaign=3DThe+B=
ackstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) Maryland
Governor Wes Moore on Impolitic.
and=E2=80=A6
Matt and Lucas Shaw dissect ( https://puck.news/podcast_episode/netflix-uns=
toppable-or-overvalued/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F2=
4%29&utm_source=3Dcustomer.io ) Netflix=E2=80=99s earnings on The Town.
and=E2=80=A6
Tara and Harris pollster John Anzalone run through ( https://puck.news/podc=
ast_episode/harris-adviser-john-anzalone-on-whos-left-of-the-persuadables/?=
utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustom=
er.io ) the swing state scenarios on Somebody=E2=80=99s Gotta Win.
and=E2=80=A6
Lauren gets biographical ( https://puck.news/podcast_episode/dvf/?utm_campa=
ign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) w=
ith D.V.F. on Fashion People.
and=E2=80=A6
Dylan and Lauren chew over ( https://puck.news/podcast_episode/an-abercromb=
ie-sex-scandal-condes-h-r-crisis/?utm_campaign=3DThe+Backstory+-+LEADS+%281=
0%2F26%2F24%29&utm_source=3Dcustomer.io ) a Cond=C3=A9 Nast H.R. crisis on =
Somebody=E2=80=99s Gotta Win.
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/newslette=
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stomer.io ) to customize your email settings.
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)
October Surprises
My Sunday mornings, at least from April through November, usually begin ear=
ly=E2=80=94and often very early=E2=80=94a quirk of life as a baseball paren=
t and punctilious volunteer coach. I loved the game growing up and still fo=
llow it almost as regularly as I did as a kid, especially when October roll=
s around and my team is in the World Series. I=E2=80=99ve passed this quirk=
down to my elder son, a young lefty, whose games often take us far and wid=
e on weekends, and occasionally require driving into inclement weather and =
during ambitious hours. Sometimes, if I=E2=80=99m feeling ambitious myself,=
I=E2=80=99ll race off to the gym before we hurtle all his gear=E2=80=94the=
drip, as the kids call it these days=E2=80=94into the back of the Volvo, t=
hrow in the Bownet, and chomp on our Big League Chew en route to wherever W=
aze leads us.
It=E2=80=99s been easier to greet the dawn ever
since my partner John Ourand launched his fabulous podcast, The Varsity ( h=
ttps://puck.news/podcasts/the-varsity/?utm_campaign=3DThe+Backstory+-+LEADS=
+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ), a companion to his private =
email of the same name. For the Wednesday episodes, John usually yucks it u=
p with one of our fellow partners or a member of his sports media tribe. On=
Sundays, he sits down with a major newsmaker for a candid conversation abo=
ut the industry. For decades, John has been the bard of the sports media tr=
ade, and he=E2=80=99s covered all its biggest executives and egos. This pas=
t Sunday, he was chatting with Rob Manfred, the commissioner of Major Leagu=
e Baseball. I couldn=E2=80=99t have been more excited to put my earbuds in.
I=E2=80=99ll resist launching into Ken Burns-style bromides about the natio=
nal pastime=E2=80=94how it=E2=80=99s the only sport where
the defense has the ball, or where there isn=E2=80=99t a game clock, etcete=
ra. Instead, MLB=E2=80=99s distinguishing trait, at least to me, is its lef=
t-field economics. It=E2=80=99s the only major U.S. sports league where the=
owners operate like a loose-knit federation. The NFL, after all, operates =
in lockstep at the governance level and has pooled its games into a series =
of media rights deals worth $111 billion over more than a decade. The NBA, =
which behaves similarly, recently dotted the i=E2=80=99s on a decade-plus d=
eal with Disney, NBCUniversal, and Amazon worth nearly $80 billion.
MLB, for its part, has feasted off its local broadcast rights for generatio=
ns=E2=80=94a benefit of a 162-game season that stretches from late March to=
early November. But the longer schedule, local deals, and idiosyncrasies o=
f the league=E2=80=99s different markets have meant that MLB=E2=80=99s nati=
onal media deals are much smaller than its peer set=E2=80=99s. And the regi=
onal sports network business that long
served as a ballast of club balance sheets has become the latest casualty o=
f new media age. (The saga of Diamond Sports=E2=80=99 journey through bankr=
uptcy court has been a leitmotif of John=E2=80=99s work.)
In conversation, Manfred was incredibly candid about baseball=E2=80=99s cha=
llenges, and its opportunities. As I listened to his interview with John, i=
t occurred to me that he=E2=80=99s hardly just a commissioner. In reality, =
he=E2=80=99s the C.E.O. of the ultimate legacy media behemoth, trying to na=
vigate structural challenges while protecting his brand for the next genera=
tion. During the past few years, baseball has changed its rules to make the=
product more compelling. It=E2=80=99s also begun to reclaim the media righ=
ts of its smaller-market teams whose regional sports networks have become n=
onviable.
As he reiterated to John, Manfred predicts teams will wind up making more i=
n the long run with a hybrid local media strategy, one that combines cable =
carriage fees with pooled
direct-to-consumer offerings that will eventually entice the trillion-dolla=
r market cap streaming players: Amazon, Apple, and Google. =E2=80=9CThe inh=
erent value of our content is going to bring us back to and beyond where we=
were,=E2=80=9D Manfred told John. =E2=80=9CI would predict today that that=
trough will be shorter. I certainly am sensing in my private conversations=
=E2=80=94and we=E2=80=99ve seen it publicly=E2=80=94that new media companie=
s are becoming aggressive sooner than some people expect.=E2=80=9D If you h=
ave time this weekend between picking apples and watching my Yankees take o=
n the Dodgers, I=E2=80=99d turn your attention to A Serious Manfred ( https=
://puck.news/mlb-commissioner-rob-manfred-on-the-leagues-big-season/?utm_ca=
mpaign=3DThe+Backstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io =
), John=E2=80=99s essayistic distillation of the conversation.
Of course, the World Series is hardly the real October news here at Puck=E2=
=80=94the longest, strangest presidential election of our lifetimes is fina=
lly winding down, and in very uncertain ways. My partners have been on the =
front lines, in the backrooms, and everywhere in between leading up to Nove=
mber 5, and their work this week was among the very best. Readers looking f=
or an inside view on what Harris=E2=80=99s team is really seeing in their p=
rivate polls should read John Heilemann=E2=80=99s conversation with master =
strategist David Plouffe. Kamala Before the Storm ( https://puck.news/harri=
s-advisor-david-plouffe-on-kamalas-higher-ceiling/?utm_campaign=3DThe+Backs=
tory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io ) offers the most =
intimate view yet of the data that the Harris team is scrutinizing
most closely.
Meanwhile, those searching for insights into Trump=E2=80=99s campaign shoul=
d curl up next to the fire with Tara Palmeri=E2=80=99s latest masterstroke,=
Trump=E2=80=99s Premature Early-Voting Celebration ( https://puck.news/tru=
mp-is-encouraged-by-early-return-voting-should-he-be/?utm_campaign=3DThe+Ba=
ckstory+-+LEADS+%2810%2F26%2F24%29&utm_source=3Dcustomer.io )=E2=80=94an as=
sessment of the newfound (and somewhat unfounded) good vibes inside Mar-a-L=
ago. But if you=E2=80=99re looking for just one piece to read about our cur=
rent quagmire, I=E2=80=99d turn your attention to Peter Hamby=E2=80=99s bri=
lliant story Kamala=E2=80=99s Latin Lesson ( https://puck.news/kamalas-issu=
es-with-latinos-could-prove-decisive/?utm_campaign=3DThe+Backstory+-+LEADS+=
%2810%2F26%2F24%29&utm_source=3Dcustomer.io ), which meditates on the procl=
ivities of the Latino voting bloc that might very well turn the election. I=
n the most fundamental ways, this is the story of our time, and precisely w=
hat you should expect from Puck.
Have a great weekend, and wish our Bulldogs luck in the playoffs tomorrow.
Jon
Puck ( https://puck.news/?utm_campaign=3DThe+Backstory+-+LEADS+%2810%2F26%2=
F24%29&utm_source=3Dcustomer.io )
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<div style=3D"display: none; max-height: 0px; overflow: hidden;">Thanks f=
or reading The Backstory, your weekly review of the best new work emanating=
from Puck. It was another incredible week: Matt Belloni measured Hollywood=
=E2=80=99s profound election anxiety; Lauren Sherman recalled the origins o=
f the Mike Jeffries scandal; Marion Maneker searched for signs of an art ma=
rket turnaround in Paris
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<p style=3D"margin: 0; color: #000000; font-size: 16px; line-hei=
ght: 30px; margin-top: 0; margin-bottom: 0;">Good morning,<br/><br/>Thanks =
for reading The Backstory, your weekly review of the best new work emanatin=
g from Puck.<br/><br/>It was another incredible week: <b>Matt Belloni </b>m=
easured Hollywood=E2=80=99s profound election anxiety; <b>Lauren Sherman </=
b>recalled the origins of the <b>Mike Jeffries </b>scandal; <b>Marion Manek=
er </b>searched for signs of an art market turnaround in Paris; <b>Eriq Gar=
dner </b>revealed a potential CBS headache for <b>David Ellison</b>; <b>Rac=
hel Strugatz </b>dug into Goop Beauty=E2=80=99s messy makeover; <b>Dylan By=
ers </b>unveiled Playbook=E2=80=99s new playbook; <b>Bill Cohan </b>scrutin=
ized <b>Cathie Wood</b>=E2=80=99s books; and <b>John Ourand </b>broke the n=
ews on ESPN=E2=80=99s <b>Jason</b> <b>Kelce </b>overtures. Meanwhile, <b>Jo=
hn Heilemann </b>chatted with <b>David Plouffe </b><i>and </i><b>Wes Moore<=
/b>; <b>Tara Palmeri </b>got the early-voting
readout from Mar-a-Lago; <b>Abby Livingston </b>chronicled the Capitol Hill=
money wars; and <b>Peter Hamby </b>probed <b>Harris</b>=E2=80=99s Latino p=
roblem.<br/><br/>Check out these stories, and others, via the links below. =
And stick around for the backstory on how it all came together. <br/></p>
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FpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmI=
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RUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvIiwiaW5=
0ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjU1ODY3OX0/811211b911=
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y produce attractive yields.<br/><br/><u><a href=3D"https://email.puck.news=
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<td style=3D"padding-bottom: 36px; color: #000000; font-size: 16p=
x; line-height: 30px; margin-top: 0; margin-bottom: 0;"><b>FASHION:</b><br/=
><b>Lauren Sherman <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZC=
I6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0c=
HM6Ly9wdWNrLm5ld3MvdGhlLWZhbGwtb2YtYW4tYWJlcmNyb21iaWUtaXQtYm95LW1pa2UtamVm=
ZnJpZXMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MTAlMkYyNiUyRjI=
0JTI5XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pbyIsImludGVybmFsIjoiZjZjNjA2MTVlM2=
QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxOTUxMTYwfQ/48b24cb8939cede9d9eda453052eaba7a2=
bb95bbb03d5e920510248b591107ca" style=3D"color:rgb(212, 0, 0);text-decorati=
on:none;font-weight:bold" class=3D"sdf">details</a></u></b> the Abercrombie=
crisis and <b><u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6Im=
RnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6L=
y9wdWNrLm5ld3Mvc3RlZmFuby1jYW50aW5vLWNvbnNvbGlkYXRlcy1wb3dlci1hdC1ndWNjaS8_=
dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTA=
wMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OG=
QyOCIsImxpbmtfaWQiOjExNDI5MzZ9/e72aad882c6912465f86ababc020bef5981cfd235787=
a178ced561e2e7a4a3ad" style=3D"color:rgb(212, 0, 0);text-decoration:none;fo=
nt-weight:bold" class=3D"sdf">collects</a></u></b> all the Gucci prophecies=
=2E<br/><i>and=E2=80=A6</i><br/><b>Rachel=
Strugatz </b>has <b><u><a href=3D"h=
ttps://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9u=
d2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZ3d5bmV0aC1wYWx=
0cm93LWJlYXV0eS1tYWtlb3Zlci1mb3ItZ29vcC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3Rvcn=
krLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvI=
iwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE5NDk2MTh9/5f4=
d03f66179a63d3c3128cb7639dc60824c969d1be23633db8ef323e92af7fa" style=3D"col=
or:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">the =
latest</a></u> Gwyneth Paltrow </b>dish.<br/><br/><b>ART MARKET:</b><br/><b=
>Marion Maneker <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6I=
mRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6=
Ly9wdWNrLm5ld3MvY2F0ZWdvcnkvYXJ0Lz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0x=
FQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbn=
Rlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk1MzM2OH0/1385fb45d=
fdfa2ebd4a66197d94fd6f0b98837105cd31c846cfa68e3efcabd8a" style=3D"color:rgb=
(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">detects si=
gns</a></u></b> of a market turnaround at Art Basel Paris.<br/><br/><b>HOLL=
YWOOD:</b><br/><b>Matt Belloni <u><a href=3D"https://email.puck.news/e/c/ey=
JlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJoc=
mVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaG93LWFyZS13ZS1mZWVsaW5nLWFib3V0LWthbWFsYS1o=
b2xseXdvb2QtZWRpdGlvbi8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg=
xMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWwiOi=
JmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE5NTIxOTN9/4959ae706d7411687d78=
a619367a1295e9f66fc73cef41a706aefca700d798d2" style=3D"color:rgb(212, 0, 0)=
;text-decoration:none;font-weight:bold" class=3D"sdf">captures</a></u></b> =
the collective pre-election bedsheet-soiling across the town.<br/><i>and=E2=
=80=A6</i><br/><b>Eriq Gardner <u><a href=3D"https://email.puck.news/e/c/ey=
JlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJoc=
mVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY291bGQtYS10cnVtcC1mY2MtZGV0YWlsLXRoZS1za3lk=
YW5jZS1wYXJhbW91bnQtbWVyZ2VyLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQUR=
TKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm=
5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk0ODk5M30/11a1d1f892ae0=
5a8004aa3a03c94e74179222421dc747371cef8798f525bd8af" style=3D"color:rgb(212=
, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">uncovers</a></=
u></b> a potential CBS snag in <b>David Ellison</b>=E2=80=99s Paramount dea=
l.<br/><i>meanwhile=E2=80=A6</i><br/><b>Scott Mendelson <u><a href=3D"https=
://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2Zj=
dkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYW5vcmEtYW5kLXRoZS1=
wZXJpbHMtb2YtdGhlLXBsYXRmb3JtLXJlbGVhc2UvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3=
J5Ky0rTEVBRFMrJTI4MTAlMkYyNiUyRjI0JTI5XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb=
yIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxOTQ3Nzk5fQ/2=
35b69f0bc81849b4bc8d11a62ca2accec6616d6f3b47e26c8cc971769e6c36f" style=3D"c=
olor:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">as=
sesses</a></u></b> <i>Anora</i>=E2=80=99s platform release strategy.<br/><b=
r/><b>WALL STREET:</b><br/><b>Bill Cohan <u><a href=3D"https://email.puck.n=
ews/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0s=
tRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2h5LWlzLWFueW9uZS1zdGlsbC1saXN0ZW=
5pbmctdG8tY2F0aGllLXdvb2QvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJ=
TI4MTAlMkYyNiUyRjI0JTI5XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pbyIsImludGVybmFs=
IjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxOTUwNDY3fQ/887212eddc672ef5=
bc19b004fe1d6f4533778bc34a7b5598a099a849b84d1dc4" style=3D"color:rgb(212, 0=
, 0);text-decoration:none;font-weight:bold" class=3D"sdf">parses</a></u> Ca=
thie Wood</b>=E2=80=99s portfolio.<br/><br/><b>MEDIA:</b><br/><b>Dylan Byer=
s <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5=
TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3=
MvcGxheWJvb2tzLW5ldy1wbGF5Ym9vay1wb3N0LW51enppZ2F0ZS8_dXRtX2NhbXBhaWduPVRoZ=
StCYWNrc3RvcnkrLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1=
c3RvbWVyLmlvIiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE=
5NTA0OTV9/fcd3b49b1b280707f7459a94dbb0caef33f5a45eadba61284fc3aa2dcedd70d2"=
style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=
=3D"sdf">previews</a></u></b> a pivot at Politico<br/><i>and=E2=80=A6</i><b=
r/><b>John Ourand <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI=
6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cH=
M6Ly9wdWNrLm5ld3MvaXMtamFzb24ta2VsY2UtZ2V0dGluZy1oaXMtb3duLWxhdGUtbmlnaHQtc=
2hvdy1vbi1lc3BuLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODEwJTJG=
MjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6ImY2YzY=
wNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk1MjAxM30/89464511b6013cd5bfe36c638e=
2c09b37a9b6621ec0a5700a5d5f31e84edf639" style=3D"color:rgb(212, 0, 0);text-=
decoration:none;font-weight:bold" class=3D"sdf">relays news</a></u></b> of =
a potential <b>Jason Kelce </b>starring role at ESPN.<br/><br/><b>WASHINGTO=
N:</b><br/><b>Tara Palmeri <u><a href=3D"https://email.puck.news/e/c/eyJlbW=
FpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmI=
joiaHR0cHM6Ly9wdWNrLm5ld3MvaXMtamFzb24ta2VsY2UtZ2V0dGluZy1oaXMtb3duLWxhdGUt=
bmlnaHQtc2hvdy1vbi1lc3BuLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyU=
yODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbC=
I6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk1MjAxM30/89464511b6013cd5b=
fe36c638e2c09b37a9b6621ec0a5700a5d5f31e84edf639" style=3D"color:rgb(212, 0,=
0);text-decoration:none;font-weight:bold" class=3D"sdf">reports on</a></u>=
</b> the early-voting euphoria in Mar-a-Lago as <b>John Heilemann <u><a hre=
f=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQU=
dTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaGFycmlzL=
WFkdmlzb3ItZGF2aWQtcGxvdWZmZS1vbi1rYW1hbGFzLWhpZ2hlci1jZWlsaW5nLz91dG1fY2Ft=
cGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9=
zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibG=
lua19pZCI6MTE0MjM0OH0/da9dfd1ae4014f6d744c1dce128c3d0bb16f74e31a1d073ebbff0=
657164a595f" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight=
:bold" class=3D"sdf">talks</a></u></b> late-game strategy with Harris campa=
ign czar <b>David Plouffe</b>.<br/><i>and=E2=80=A6</i><br/><b>Peter Hamby <=
u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mva=
2FtYWxhcy1pc3N1ZXMtd2l0aC1sYXRpbm9zLWNvdWxkLXByb3ZlLWRlY2lzaXZlLz91dG1fY2Ft=
cGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9=
zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibG=
lua19pZCI6MTk0NzUzMH0/54e68ba06212f21a970a4d8b3df2326584a1f4fa0a2a9a75c5cb8=
73af75c706b" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight=
:bold" class=3D"sdf">analyzes</a></u></b> Harris=E2=80=99s Latino Achilles=
=E2=80=99 heel.<br/><br/><b>PODCASTS:</b><br/>John Ourand and MLB commissio=
ner <b>Rob Manfred <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZC=
I6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0c=
HM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL21hbmZyZWRzLW1sYi1tYWdpYy8_dXRtX2Nh=
bXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1=
fc291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
xpbmtfaWQiOjExNDI2NzR9/24e612498a1150b020d78f13bdd80701bf0d848c6217c7854113=
37918f2e41ff" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weigh=
t:bold" class=3D"sdf">discuss</a></u></b> baseball=E2=80=99s media crossroa=
ds on <i>The Varsity</i>.<br/><i>and=E2=80=A6</i><br/>John Heilemann <u><b>=
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL3dlcy1tb29yZS10cnVtcC1pcy1uby1mcmllbmQtb2YtdGhlLW1pbGl0YX=
J5LWhhcnJpcy1pc250LWJpZGVuLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTK=
yUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5h=
bCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk1MDcyNH0/da80ad65f59a8c3=
3644af71b91eb4e0dba61932b2bece7f169aed7d7de8f7c5f" style=3D"color:rgb(212, =
0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">checks in with</=
a></b></u> Maryland
Governor <b>Wes Moore </b>on <i>Impolitic</i>.<br/><i>and=E2=80=A6</i><br/>=
Matt and <b>Lucas Shaw <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF=
9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoia=
HR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL25ldGZsaXgtdW5zdG9wcGFibGUtb3It=
b3ZlcnZhbHVlZC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgxMCUyRjI=
2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWwiOiJmNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE5NDg4MTh9/636ecc2949d34bb495420b403db1=
ff482cd9eb091c2fdc91d60aad36c9301f8f" style=3D"color:rgb(212, 0, 0);text-de=
coration:none;font-weight:bold" class=3D"sdf">dissect</a></u></b> Netflix=
=E2=80=99s earnings on <i>The Town</i>.<br/><i>and=E2=80=A6</i><br/>Tara an=
d Harris pollster <b>John Anzalone <u><a href=3D"https://email.puck.news/e/=
c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iL=
CJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2hhcnJpcy1hZHZpc2Vy=
LWpvaG4tYW56YWxvbmUtb24td2hvcy1sZWZ0LW9mLXRoZS1wZXJzdWFkYWJsZXMvP3V0bV9jYW1=
wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MTAlMkYyNiUyRjI0JTI5XHUwMDI2dXRtX3=
NvdXJjZT1jdXN0b21lci5pbyIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsa=
W5rX2lkIjoxOTQ5MTU3fQ/1b403aff4c9daf6e9bad5f932df1658e6e94f247dbd76c9cbee49=
fd3a973c575" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight=
:bold" class=3D"sdf">run through</a></u></b> the swing state scenarios on <=
i>Somebody=E2=80=99s Gotta Win</i>.<br/><i>and=E2=80=A6</i><br/>Lauren <u><=
b><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvc=
G9kY2FzdF9lcGlzb2RlL2R2Zi8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUysl=
MjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWw=
iOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE5NTI3MzZ9/f5657302762145bda=
f167a9370b5a83b51b74f2e1d9524df550d962a338484d1" style=3D"color:rgb(212, 0,=
0);text-decoration:none;font-weight:bold" class=3D"sdf">gets biographical<=
/a></b></u> with <b>D.V.F. </b>on <i>Fashion People.</i><br/><i>and=E2=80=
=A6</i><br/>Dylan and Lauren <u><b><a href=3D"https://email.puck.news/e/c/e=
yJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJo=
cmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2FuLWFiZXJjcm9tYmllLXN=
leC1zY2FuZGFsLWNvbmRlcy1oLXItY3Jpc2lzLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeS=
stK0xFQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iL=
CJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk1MTAwMX0/3516=
c6ace511f40bfa3e188ef3c55953013e442e863594b9353ff5cb85f16bd3" style=3D"colo=
r:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">chew =
over</a></b></u> a Cond=C3=A9 Nast H.R. crisis on <i>Somebody=E2=80=99s Got=
ta Win</i>.<br/><br/><i>As a reminder, you can update your profile at any t=
ime to get more stories like these directly in your inbox. <u><b><a href=3D=
"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU=
9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbmV3c2xldHRlc=
nMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MTAlMkYyNiUyRjI0JTI5=
XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pbyIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDF=
kNDhkMjgiLCJsaW5rX2lkIjoxNTZ9/a2f4b3212a461493b8992c9da6ace80d9e7ed1da52ab1=
6bcea1ca7c2799d461f" style=3D"color:rgb(212, 0, 0);text-decoration:none;fon=
t-weight:bold" class=3D"sdf">Click here</a></b></u> to customize your email=
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<td><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6=
ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM=
6Ly9nby5nbG9iYWx4ZXRmcy5jb20vbC83NTA1NDMvMjAyNC0xMC0xNS9jMzJtbTc_dXRtX2NhbX=
BhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc=
291cmNlPWN1c3RvbWVyLmlvIiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxp=
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<td style=3D"padding-bottom: 36px; color: #000000; font-size: 16p=
x; line-height: 30px; margin-top: 0; margin-bottom: 0;">My Sunday mornings,=
at least from April through November, usually begin early=E2=80=94and ofte=
n <i>very early</i>=E2=80=94a quirk of life as a baseball parent and puncti=
lious volunteer coach. I loved the game growing up and still follow it almo=
st as regularly as I did as a kid, especially when October rolls around and=
my team is in the World Series. I=E2=80=99ve passed this quirk down to my =
elder son, a young lefty, whose games often take us far and wide on weekend=
s, and occasionally require driving into inclement weather and during ambit=
ious hours. Sometimes, if I=E2=80=99m feeling ambitious myself, I=E2=80=99l=
l race off to the gym before we hurtle all his gear=E2=80=94the <i>drip</i>=
, as the kids call it these days=E2=80=94into the back of the Volvo, throw =
in the Bownet, and chomp on our Big League Chew en route to wherever Waze l=
eads us.<br/><br/>It=E2=80=99s been easier to greet the dawn ever
since my partner <b>John Ourand </b>launched his fabulous podcast, <b><i><u=
><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTkt=
OT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG=
9kY2FzdHMvdGhlLXZhcnNpdHkvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJ=
TI4MTAlMkYyNiUyRjI0JTI5XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pbyIsImludGVybmFs=
IjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDE3MTc2fQ/222e9bdb88b942a9=
1523e93e7363b9b4897c3b56ac8a5a2b5433015a4ec947c0" style=3D"color:rgb(212, 0=
, 0);text-decoration:none;font-weight:bold" class=3D"sdf">The Varsity</a></=
u></i></b>, a companion to his private email of the same name. For the Wedn=
esday episodes, John usually yucks it up with one of our fellow partners or=
a member of his sports media tribe. On Sundays, he sits down with a major =
newsmaker for a candid conversation about the industry. For decades, John h=
as been the bard of the sports media trade, and he=E2=80=99s covered all it=
s biggest executives and egos. This past Sunday, he was chatting with <b>Ro=
b Manfred</b>, the commissioner of Major League Baseball. I couldn=E2=80=99=
t have been more excited to put my earbuds in.<br/><br/>I=E2=80=99ll resist=
launching into <b>Ken Burns</b>-style bromides about the national pastime=
=E2=80=94how it=E2=80=99s the only sport where
the defense has the ball, or where there isn=E2=80=99t a game clock, etcete=
ra. Instead, MLB=E2=80=99s distinguishing trait, at least to me, is its lef=
t-field economics. It=E2=80=99s the only major U.S. sports league where the=
owners operate like a loose-knit federation. The NFL, after all, operates =
in lockstep at the governance level and has pooled its games into a series =
of media rights deals worth <i>$111 billion </i>over more than a decade. Th=
e NBA, which behaves similarly, recently dotted the i=E2=80=99s on a decade=
-plus deal with Disney, NBCUniversal, and Amazon worth nearly <i>$80 billio=
n</i>. <br/><br/>MLB, for its part, has feasted off its local broadcast ri=
ghts for generations=E2=80=94a benefit of a 162-game season that stretches =
from late March to early November. But the longer schedule, local deals, an=
d idiosyncrasies of the league=E2=80=99s different markets have meant that =
MLB=E2=80=99s national media deals are much smaller than its peer set=E2=80=
=99s. And the regional sports network business that long
served as a ballast of club balance sheets has become the latest casualty o=
f new media age. (The saga of Diamond Sports=E2=80=99 journey through bank=
ruptcy court has been a leitmotif of John=E2=80=99s work.) <br/><br/>In con=
versation, Manfred was incredibly candid about baseball=E2=80=99s challenge=
s, and its opportunities. As I listened to his interview with John, it occu=
rred to me that he=E2=80=99s hardly just a commissioner. In reality, he=E2=
=80=99s the C.E.O. of the ultimate legacy media behemoth, trying to navigat=
e structural challenges while protecting his brand for the next generation.=
During the past few years, baseball has changed its rules to make the prod=
uct more compelling. It=E2=80=99s also begun to reclaim the media rights of=
its smaller-market teams whose regional sports networks have become nonvia=
ble. <br/><br/>As he reiterated to John, Manfred predicts teams will wind u=
p making more in the long run with a hybrid local media strategy, one that =
combines cable carriage fees with pooled
direct-to-consumer offerings that will eventually entice the trillion-dolla=
r market cap streaming players: Amazon, Apple, and Google. =E2=80=9CThe inh=
erent value of our content is going to bring us back to and beyond where we=
were,=E2=80=9D Manfred told John. =E2=80=9CI would predict today that that=
trough will be shorter. I certainly am sensing in my private conversations=
=E2=80=94and we=E2=80=99ve seen it publicly=E2=80=94that new media companie=
s are becoming aggressive sooner than some people expect.=E2=80=9D If you h=
ave time this weekend between picking apples and watching my Yankees take o=
n the Dodgers, I=E2=80=99d turn your attention to <i><u><b><a href=3D"https=
://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2Zj=
dkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvbWxiLWNvbW1pc3Npb25=
lci1yb2ItbWFuZnJlZC1vbi10aGUtbGVhZ3Vlcy1iaWctc2Vhc29uLz91dG1fY2FtcGFpZ249VG=
hlK0JhY2tzdG9yeSstK0xFQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y=
3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6=
MTk0NzY0NX0/1e87dd2c37a0fa6da0060d06da8e798f2cffd22f0db754919cbb8520869b705=
f" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" cla=
ss=3D"sdf">A Serious Manfred</a></b></u></i>, John=E2=80=99s essayistic dis=
tillation of the conversation.
<br/><br/>Of course, the World Series is hardly the real October news here =
at Puck=E2=80=94the longest, strangest presidential election of our lifetim=
es is finally winding down, and in very uncertain ways. My partners have be=
en on the front lines, in the backrooms, and everywhere in between leading =
up to November 5, and their work this week was among the very best. Readers=
looking for an inside view on what <b>Harris</b>=E2=80=99s team is <i>real=
ly </i>seeing in their private polls should read <b>John Heilemann</b>=E2=
=80=99s conversation with master strategist <b>David Plouffe</b>. <b><i><u>=
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaGF=
ycmlzLWFkdmlzb3ItZGF2aWQtcGxvdWZmZS1vbi1rYW1hbGFzLWhpZ2hlci1jZWlsaW5nLz91dG=
1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODEwJTJGMjYlMkYyNCUyOVx1MDAyN=
nV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4=
IiwibGlua19pZCI6MTE0MjM0OH0/da9dfd1ae4014f6d744c1dce128c3d0bb16f74e31a1d073=
ebbff0657164a595f" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-=
weight:bold" class=3D"sdf">Kamala Before the Storm</a></u></i></b> offers t=
he most intimate view yet of the data that the Harris team is scrutinizing
most closely.<br/><br/>Meanwhile, those searching for insights into <b>Trum=
p</b>=E2=80=99s campaign should curl up next to the fire with <b>Tara Palme=
ri</b>=E2=80=99s latest masterstroke, <b><i><u><a href=3D"https://email.puc=
k.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhR=
d0stRT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHJ1bXAtaXMtZW5jb3VyYWdlZC1ieS1=
lYXJseS1yZXR1cm4tdm90aW5nLXNob3VsZC1oZS1iZS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjgxMCUyRjI2JTJGMjQlMjlcdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyL=
mlvIiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE5NTIwNzJ9=
/1d7a44615495d36da1a72d98903a5b375c24140531a244c46f9c7e0a24452b14" style=3D=
"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">=
Trump=E2=80=99s Premature Early-Voting Celebration</a></u></i></b>=E2=80=94=
an assessment of the newfound (and somewhat unfounded) good vibes inside Ma=
r-a-Lago. But if you=E2=80=99re looking for just one piece to read about ou=
r current quagmire, I=E2=80=99d turn your attention to <b>Peter Hamby</b>=
=E2=80=99s brilliant story <b><i><u><a href=3D"https://email.puck.news/e/c/=
eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdTeU9ud2ZjdkpobWJETkhRd0stRT0iLCJ=
ocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mva2FtYWxhcy1pc3N1ZXMtd2l0aC1sYXRpbm9zLWNvdW=
xkLXByb3ZlLWRlY2lzaXZlLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyO=
DEwJTJGMjYlMkYyNCUyOVx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW8iLCJpbnRlcm5hbCI6=
ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTk0NzUzMH0/54e68ba06212f21a970=
a4d8b3df2326584a1f4fa0a2a9a75c5cb873af75c706b" style=3D"color:rgb(212, 0, 0=
);text-decoration:none;font-weight:bold" class=3D"sdf">Kamala=E2=80=99s Lat=
in Lesson</a></u></i></b>, which meditates on the proclivities of the Latin=
o voting bloc that might very well turn the election. In the most fundament=
al ways, this is the story of our time, and precisely what you should expec=
t from Puck.<br/><br/>Have a great weekend, and wish our Bulldogs luck in t=
he playoffs tomorrow.<br/>Jon<br/></td>
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