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Date: Sat, 15 Mar 2025 13:05:56 +0000
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Subject: =?UTF-8?q?Demna=E2=80=99s_Gucci_Shocker,_Zaz=E2=80=99s_Big_Warners_Decisi?=
 =?UTF-8?q?on_&_Bezos=E2=80=99s_Filibuster?=
From: Jon Kelly <jon@puck.news>
To: enzo@showfile.com
Message-Id: <20250315130556.7eae261f114c16c2@cio66752.puck.news>

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Mar 15, 2025

The Backstory ( https://puck.news/newsletters/the-backstory/?utm_campaign=
=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+LE=
ADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm=
_term=3Df6c60615e3d301d48d28 )

MLB ( https://www.mlb.com/international/events/tokyo-series?msockid=3D3563b=
b58ec9d6ad60f8faf40edfa6bf9&utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%=
2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )

Jon Kelly
Jon Kelly

Good morning,

=C2=A0

Thanks for reading The Backstory, your weekly review of the incredible work=
 at Puck.

=C2=A0

It was another extraordinary week: Matt Belloni examined the Dana Walden=E2=
=80=93Kamala friendship; Kim Masters ran the numbers on the Warners slate; =
Eriq Gardner probed a Lionsgate legal nightmare; Lauren Sherman
assessed the Demna-to-Gucci shocker; Sarah Shapiro previewed a Rent the Run=
way revival; Rachel Strugatz explored a new Louis Vuitton strategy; Marion =
Maneker perused the London hammer ratios; Julie Brener Davich de-gendered t=
he timepiece market; Bill Cohan revalued Trump=E2=80=99s crypto bros; Dylan=
 Byers uncovered a generational split at The Washington
Post; and John Ourand chronicled a former ESPN executive=E2=80=99s quixotic=
 revenge. Meanwhile, Leigh Ann Caldwell conjured Chuck Schumer=E2=80=99s Ha=
mlet-itis; Julia Ioffe revealed Putin=E2=80=99s latest chess move; Abby Liv=
ingston detailed Trump=E2=80=99s unified theory of House head-rolling; and =
Peter Hamby analyzed Gavin Newsom=E2=80=99s podcasting strategy.

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+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F=
8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c=
60615e3d301d48d28 )

A MESSAGE FROM OUR SPONSOR

MLB ( https://www.mlb.com/international/events/tokyo-series?msockid=3D3563b=
b58ec9d6ad60f8faf40edfa6bf9&utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%=
2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )

MLB ( https://userimg-assets.customeriomail.com/images/client-env-107382/17=
41963386366_25_WT-TYO-PUCK-AD-f_V1-600x700-72_01JPAHQQNZV4PPZW99QA4PYNAT.pn=
g?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+=
Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dc=
ustomer.io&utm_term=3Df6c60615e3d301d48d28 )

Major League Baseball opens its 2025 season with the MLB Tokyo Series prese=
nted by Guggenheim with the defending
World Champion Los Angeles Dodgers facing the Chicago Cubs at the Tokyo Dom=
e on Tuesday, March 18 on FOX and Wednesday, March 19 on FS1.=C2=A0 The Dod=
gers are led by National League MVP Shohei Ohtani, who is one of five Japan=
ese-born players on the two teams.=C2=A0 Last year=E2=80=99s World Series a=
veraged a record 12.1 million viewers in Japan.

=C2=A0

In addition to the highly anticipated match-up on the field, the
Tokyo Series will be a bonanza for the baseball-loving country with multipl=
e fan events; collaborations with popular global entertainment brands inclu=
ding Demon Slayer, Fortnite, Pok=C3=A9mon, Chiikawa and the world-renowned =
artist Takashi Murakami; 23 sponsors; the largest retail footprint ever at =
an MLB event; and global distribution to more than 200 countries.

=C2=A0

Learn more about the=C2=A0MLB Tokyo Series here. ( https://www.mlb.com/inte=
rnational/events/tokyo-series?msockid=3D3563bb58ec9d6ad60f8faf40edfa6bf9&ut=
m_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Back=
story+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.io&utm_term=3Df6c60615e3d301d48d28 )

FASHION
FASHION

Lauren Sherman
peers ( https://puck.news/demna-at-gucci-whats-next-for-kering/?utm_campaig=
n=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+L=
EADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&ut=
m_term=3Df6c60615e3d301d48d28 ) into the Demna surprise.

and=E2=80=A6

Rachel Strugatz stress tests ( https://puck.news/inside-louis-vuittons-high=
-fashion-beauty-play/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%2=
9&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_a=
ction&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Louis Vuit=
ton=E2=80=99s new beauty play.

meanwhile=E2=80=A6

Sarah Shapiro catches up ( https://puck.news/rent-the-runways-survival-plan=
-double-down/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_co=
ntent=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&ut=
m_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) with Jenn Hyman ab=
out Rent the Runway=E2=80=99s reboot.

=E2=80=8A

ART MARKET
ART MARKET

Marion Maneker
plunges ( https://puck.news/review-london-spring-art-auctions/?utm_campaign=
=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+LE=
ADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm=
_term=3Df6c60615e3d301d48d28 ) into the London numbers and previews ( https=
://puck.news/phillips-auction-offers-rare-william-eggleston-prints/?utm_cam=
paign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backstory=
+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.i=
o&utm_term=3Df6c60615e3d301d48d28 ) a Phillips sale.

and=E2=80=A6

Julie Davich
explains ( https://puck.news/dimepieces-brynn-wallner-on-what-women-wear-an=
d-why/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the untapped potential =
in timepieces.

=E2=80=8A

HOLLYWOOD
HOLLYWOOD

Matt Belloni
gets into ( https://puck.news/the-mailbag-taylor-sheridan-spoilers-disneys-=
kamala-harris-problem/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%=
29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_=
action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the Walde=
n-Harris friendship and figures out which studio makes the worst movies.

and=E2=80=A6

Kim Masters
captures ( https://puck.news/warner-bros-film-co-chiefs-on-the-hot-seat/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Back=
story+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.io&utm_term=3Df6c60615e3d301d48d28 ) the turmoil, self-created and othe=
rwise, at Warner Bros.

meanwhile=E2=80=A6

Eriq Gardner chronicles ( https://puck.news/bondholders-rebel-as-lionsgate-=
spins-off-starz/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm=
_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action=
&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the =E2=80=9Ccr=
editor-on-creditor violence=E2=80=9D at
Lionsgate.

=E2=80=8A

WALL STREET
WALL STREET

Bill Cohan
market tests ( https://puck.news/is-trumps-strategic-bitcoin-reserve-idea-a=
ctually-good/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_co=
ntent=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&ut=
m_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the president=E2=
=80=99s crypto bros.

=E2=80=8A

MEDIA
MEDIA

Dylan Byers
uncovers ( https://puck.news/jeff-bezos-wapo-mandate-is-not-pro-trump/?utm_=
campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backst=
ory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustome=
r.io&utm_term=3Df6c60615e3d301d48d28 ) a generational fault line at The Was=
hington Post.

and=E2=80=A6

John Ourand catches up ( https://puck.news/norby-williamson-revamps-main-st=
reet-sports/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_con=
tent=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm=
_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) with former SportsC=
enter guru Norby
Williamson.

=E2=80=8A

WASHINGTON
WASHINGTON

Leigh Ann Caldwell
details ( https://puck.news/chuck-schumer-stays-silent-as-senate-democrats-=
face-shutdown-vote/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&=
utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_act=
ion&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the division=
 within Schumer=E2=80=99s ranks.

and=E2=80=A6

Julia Ioffe parses ( https://puck.news/putins-bad-faith-ceasefire-tactics/?=
utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Ba=
ckstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcus=
tomer.io&utm_term=3Df6c60615e3d301d48d28 ) Putin=E2=80=99s
latest Ukraine posture.

meanwhile=E2=80=A6

Peter Hamby critiques ( https://puck.news/gavin-newsoms-podcast-is-serving-=
its-purpose-attention/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%=
29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_=
action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) Newsom=E2=
=80=99s campaign-in-waiting while Abby Livingston evaluates ( https://puck.=
news/trump-might-not-need-democrats-votes-to-avoid-a-government-shutdown/?u=
tm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Bac=
kstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcust=
omer.io&utm_term=3Df6c60615e3d301d48d28 ) Trump=E2=80=99s vote-whipping.

=E2=80=8A

PODCASTS
PODCASTS

=F0=9F=8E=A7 Dylan and the Journal=E2=80=99s Emma
Tucker discuss ( https://puck.news/podcast_episode/emma/?utm_campaign=3DThe=
+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%2=
83%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=
=3Df6c60615e3d301d48d28 ) the future of the media industry on The Grill Roo=
m.

and=E2=80=A6

NWSL commish Jessica Berman contemplates the future of her league on The Va=
rsity ( https://puck.news/podcast_episode/womens-soccers-billion-dollar-glo=
w-up/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3D=
The+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Lauren assesses the Gucci of it all on Fashion People ( https://puck.news/p=
odcast_episode/the-demna-at-gucci-bombshell-and-all-the-other-stuff-that-ha=
ppened-during-fashion-month/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15=
%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3D=
email_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Former
Labor Secretary Robert Reich talks stagflation with John Heilemann on Impol=
itic ( https://puck.news/podcast_episode/robert-reich-donald-trumps-stagfla=
topom/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=
=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Matt and Bryan Freedman, the power litigator representing Justin Baldoni, g=
et into it on
The Town ( https://puck.news/podcast_episode/lively-vs-baldoni-and-the-lega=
l-stakes-with-baldonis-lawyer/?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F=
15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=
=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).

and=E2=80=A6

Abby and Peter discuss Schumer=E2=80=99s terrible options on The Powers Tha=
t Be ( https://puck.news/podcast_episode/schumers-shutdown-horror-story/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Back=
story+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.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+%283%2F15%2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8=
%2F25%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c6=
0615e3d301d48d28 ) to customize your email settings.

=E2=80=8A

The Demna
Convention
----------

On Wednesday afternoon, I received a text from my partner Lauren Sherman
that hinted she might be on to some pretty significant news. Every year, th=
e largest fashion houses engage in a collective cyclical game of designer m=
usical chairs. Inevitably, one creative director at a top house retires or =
steps back, or perhaps is relieved, paving the way for his and her peers to=
 quietly angle for the job. And, this being the fashion industry, the polit=
icking is almost invisible on the outside (the largest conglomerates essent=
ially muzzle the solicitous trade press)
and unbelievably ferocious on the inside. And since one vacancy begets anot=
her, a kinetic chain reaction ignites.

This year has been particularly active in the maison free-agent market. Eve=
r since the powder keg first erupted last June, with the departure of Virgi=
nie Viard from Chanel, a subtle recomposition of the business has been afoo=
t. And, naturally, Lauren has been updating the industry on the sweeping ch=
anges in real time, often months before
the creative director appointments are publicly announced. Meanwhile, the l=
argest vacancy officially opened just last month: After numerous quarters o=
f disappointing sales, uninspiring financial results, and wan reviews, Keri=
ng-owned Gucci finally defenestrated Sabato De Sarno, who had never been ab=
le to re-create the economic and aesthetic wizardry of his predecessor, Ale=
ssandro Michele. Lauren had a beat on Gucci=E2=80=99s replacement.

A MESSAGE FROM OUR SPONSOR

MLB ( https://www.mlb.com/international/events/tokyo-series?msockid=3D3563b=
b58ec9d6ad60f8faf40edfa6bf9&utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%=
2F25%29&utm_content=3DThe+Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )

MLB ( https://userimg-assets.customeriomail.com/images/client-env-107382/17=
41963386366_25_WT-TYO-PUCK-AD-f_V1-600x700-72_01JPAHQQNZV4PPZW99QA4PYNAT.pn=
g?utm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+=
Backstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dc=
ustomer.io&utm_term=3Df6c60615e3d301d48d28 )

Major League Baseball opens its 2025 season with the MLB Tokyo Series prese=
nted by Guggenheim with the defending
World Champion Los Angeles Dodgers facing the Chicago Cubs at the Tokyo Dom=
e on Tuesday, March 18 on FOX and Wednesday, March 19 on FS1.=C2=A0 The Dod=
gers are led by National League MVP Shohei Ohtani, who is one of five Japan=
ese-born players on the two teams.=C2=A0 Last year=E2=80=99s World Series a=
veraged a record 12.1 million viewers in Japan.

=C2=A0

In addition to the highly anticipated match-up on the field, the
Tokyo Series will be a bonanza for the baseball-loving country with multipl=
e fan events; collaborations with popular global entertainment brands inclu=
ding Demon Slayer, Fortnite, Pok=C3=A9mon, Chiikawa and the world-renowned =
artist Takashi Murakami; 23 sponsors; the largest retail footprint ever at =
an MLB event; and global distribution to more than 200 countries.

=C2=A0

Learn more about the=C2=A0MLB Tokyo Series here. ( https://www.mlb.com/inte=
rnational/events/tokyo-series?msockid=3D3563bb58ec9d6ad60f8faf40edfa6bf9&ut=
m_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Back=
story+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcusto=
mer.io&utm_term=3Df6c60615e3d301d48d28 )

As it so happens, I took the call from the 10th floor waiting room of a Sta=
te Department
outpost on Hudson Street, not far from where I grew up, in Greenwich Villag=
e. (The department misspelled my younger son=E2=80=99s middle name on his p=
assport=E2=80=A6 It=E2=80=99s a long story=E2=80=A6 and you don=E2=80=99t n=
eed to bother=E2=80=A6) Anyway, a lounge pit inside our winnowing federal b=
ureaucracy is a funny place to receive the news about the next creative dir=
ector of Gucci, but it also perfectly framed a larger point about the direc=
tion of the industry.

=C2=A0

Throughout my career in media, I=E2=80=99ve watched with wonder and amuseme=
nt the many ways in which C-suites try to minimize the impact and value of =
elite creative talents, often to their own detriment. After all, while thes=
e enterprises have to be sufficiently operationalized, they aren=E2=80=99t =
bureaucracies=E2=80=94readers, viewers, listeners, and consumers can all sp=
ot a lack of vision when they see it. And Kering, which has seen its stock =
price erode by some 70 percent since the summer of
=E2=80=9921, knows this better than anyone else: Fran=C3=A7ois-Henri Pinaul=
t, its C.E.O., owns both CAA and Christie=E2=80=99s.

=C2=A0

I won=E2=80=99t pretend that De Sarno=E2=80=99s replacement of Michele, who=
 now designs for Valentino, was the only factor that reversed Gucci=E2=80=
=99s fortunes. Indeed, the Covid-era luxury boom faded, an economic malaise=
 descended on China, and the U.S. market has suffered through its own fog o=
f
stagflation. But the fact of the matter is that De Sarno wasn=E2=80=99t his=
 predecessor=E2=80=99s equal, and there was no convincing the consumer othe=
rwise.

=C2=A0

During our chat, fascinatingly, Lauren expressed vexation that Gucci might =
bring in Demna Gvasalia, a magnificently talented designer who founded Vete=
ments and ushered Balenciaga to new heights. Despite his obvious talents, s=
he reflected, he had the
wrong aesthetic=E2=80=94harsh and unrelenting=E2=80=94to endow upon a warm =
and lush brand. It didn=E2=80=99t make sense, she told me. It seemed off. A=
nd yet Kering announced the news the very next day.

=C2=A0

In Pinault Noir ( https://puck.news/demna-at-gucci-whats-next-for-kering/?u=
tm_campaign=3DThe+Backstory+-+LEADS+%283%2F15%2F25%29&utm_content=3DThe+Bac=
kstory+-+LEADS+%283%2F8%2F25%29&utm_medium=3Demail_action&utm_source=3Dcust=
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musical chairs. In other ways, it=E2=80=99s a story about how creativity pl=
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atform shifts and business model innovations=E2=80=94the endless transforma=
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Jon

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" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
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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;text-a=
lign:left;line-height:0;"><tbody><tr><td style=3D"vertical-align:middle;col=
or:#d40000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-si=
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<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:0px;"><img alt=3D"Jon Kelly" src=3D"https://userimg-assets.=
customeriomail.com/images/client-env-107382/1739207840362_avatar-jon-update=
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>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;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:32px;=
"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#3=
9;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-height:=
150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;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 incredible work at Puck.</p><p style=3D=
"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">It was anoth=
er extraordinary week: <strong>Matt Belloni </strong>examined the <strong>D=
ana Walden</strong>=E2=80=93<strong>Kamala</strong> friendship; <strong>Kim=
 Masters </strong>ran the numbers on the Warners slate; <strong>Eriq Gardne=
r </strong>probed a Lionsgate legal nightmare; <strong>Lauren Sherman
</strong>assessed the <strong>Demna</strong>-to-Gucci shocker; <strong>Sara=
h Shapiro </strong>previewed a Rent the Runway revival; <strong>Rachel Stru=
gatz </strong>explored a new Louis Vuitton strategy; <strong>Marion Maneker=
 </strong>perused the London hammer ratios; <strong>Julie Brener Davich </s=
trong>de-gendered the timepiece market; <strong>Bill Cohan </strong>revalue=
d <strong>Trump</strong>=E2=80=99s crypto bros; <strong>Dylan Byers </stron=
g>uncovered a generational split at <em>The Washington
Post</em>; and <strong>John Ourand </strong>chronicled a former ESPN execut=
ive=E2=80=99s quixotic revenge. Meanwhile, <strong>Leigh Ann Caldwell </str=
ong>conjured <strong>Chuck Schumer</strong>=E2=80=99s Hamlet-itis; <strong>=
Julia Ioffe </strong>revealed <strong>Putin</strong>=E2=80=99s latest chess=
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eory of House head-rolling; and <strong>Peter Hamby </strong>analyzed <stro=
ng>Gavin Newsom</strong>=E2=80=99s podcasting strategy.</p></div>
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t;mso-table-rspace:0pt;"><tbody><tr><td>
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acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
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x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
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reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
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;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;"><em>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>
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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=
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LStMRUFEUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3Rvcnk=
rLStMRUFEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdT=
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space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
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vertical-align:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:120%;text-al=
ign:left;mso-line-height-alt:20.4px;"><p style=3D"margin:0;">A MESSAGE FROM=
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<table class=3D"j oq n5" width=3D"100%" border=3D"0" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table=
-rspace:0pt;"><tbody><tr><td style=3D"padding-bottom:16px;width:100%;"><div=
 class=3D"r" align=3D"center" style=3D"line-height:10px"><div style=3D"max-=
width:552px;"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly93d=
3cubWxiLmNvbS9pbnRlcm5hdGlvbmFsL2V2ZW50cy90b2t5by1zZXJpZXM_bXNvY2tpZD0zNTYz=
YmI1OGVjOWQ2YWQ2MGY4ZmFmNDBlZGZhNmJmOVx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N=
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MzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI=
xMjEzNjF9/d219ef514feb7977e0a2d32550d5288c66402712b2499c04c6470280d2949c4a"=
 target=3D"_blank" style=3D"outline:none" tabindex=3D"-1"><img src=3D"https=
://userimg-assets.customeriomail.com/images/client-env-107382/1741956211353=
_25_WT-TYO-PUCK-AD-f_V1-600x400-300_01JPAAWRSS7V5TCPAVYDGFMT04.png" style=
=3D"display:block;height:auto;border:0;width:100%;" width=3D"552" alt=3D"ML=
B" title=3D"MLB" height=3D"auto"/></a></div></div>
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<table class=3D"j n" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rsp=
ace:0pt;mso-hide:all;display:none;max-height:0;overflow:hidden;"><tbody><tr=
><td style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" align=3D"ce=
nter" style=3D"line-height:10px"><div style=3D"max-width:552px;"><a href=3D=
"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbW=
VRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly91c2VyaW1nLWFzc2V0cy5jdXN0b=
21lcmlvbWFpbC5jb20vaW1hZ2VzL2NsaWVudC1lbnYtMTA3MzgyLzE3NDE5NjMzODYzNjZfMjVf=
V1QtVFlPLVBVQ0stQUQtZl9WMS02MDB4NzAwLTcyXzAxSlBBSFFRTlpWNFBQWlc5OVFBNFBZTkF=
ULnBuZz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JT=
I5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlM=
jlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIu=
aW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA=
2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTIxMzYyfQ/35124179594fae7367f90181019=
e82390376191309eb02f4c5e061391e14af3a" target=3D"_blank" style=3D"outline:n=
one" tabindex=3D"-1"><img src=3D"https://userimg-assets.customeriomail.com/=
images/client-env-107382/1741960442521_Screenshot%202025-03-14%20at%209.53.=
43%E2%80%AFAM_01JPAEXWQ1V4SVRT5QDP98VVK1.png" style=3D"display:block;height=
:auto;border:0;width:100%;" width=3D"552" alt=3D"MLB" title=3D"MLB" height=
=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td><div style=3D"color:#000000;direction:ltr;=
font-family:&#39;Inter&#39;,&#39;Arial&#39;;font-size:17px;font-weight:400;=
letter-spacing:0px;line-height:120%;text-align:left;mso-line-height-alt:20.=
4px;"><p style=3D"margin:0;margin-bottom:0px;">Major League Baseball opens =
its 2025 season with the MLB Tokyo Series presented by Guggenheim with the =
defending
World Champion Los Angeles Dodgers facing the Chicago Cubs at the Tokyo Dom=
e on Tuesday, March 18 on FOX and Wednesday, March 19 on FS1.=C2=A0 The Dod=
gers are led by National League MVP Shohei Ohtani, who is one of five Japan=
ese-born players on the two teams.=C2=A0 Last year=E2=80=99s World Series a=
veraged a record 12.1 million viewers in Japan.</p><p style=3D"margin:0;mar=
gin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;margin-bottom:0px;">In addi=
tion to the highly anticipated match-up on the field, the
Tokyo Series will be a bonanza for the baseball-loving country with multipl=
e fan events; collaborations with popular global entertainment brands inclu=
ding Demon Slayer, Fortnite, Pok=C3=A9mon, Chiikawa and the world-renowned =
artist Takashi Murakami; 23 sponsors; the largest retail footprint ever at =
an MLB event; and global distribution to more than 200 countries.</p><p sty=
le=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">Learn m=
ore about the=C2=A0<strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpb=
F9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoi=
aHR0cHM6Ly93d3cubWxiLmNvbS9pbnRlcm5hdGlvbmFsL2V2ZW50cy90b2t5by1zZXJpZXM_bXN=
vY2tpZD0zNTYzYmI1OGVjOWQ2YWQ2MGY4ZmFmNDBlZGZhNmJmOVx1MDAyNnV0bV9jYW1wYWlnbj=
1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVud=
D1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09=
ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY=
2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
xpbmtfaWQiOjIxMjEzNjF9/d219ef514feb7977e0a2d32550d5288c66402712b2499c04c647=
0280d2949c4a" target=3D"_blank" style=3D"text-decoration:underline;color:#d=
40000;" rel=3D"noopener">MLB Tokyo Series here.</a></strong></p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
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<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;text-a=
lign:left;line-height:0;"><tbody><tr><td style=3D"vertical-align:middle;col=
or:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-size:=
20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"FASHION" src=3D"https://userimg-assets.c=
ustomeriomail.com/images/client-env-107382/1729520868807_tbs-icon-fashion_0=
1JAQQM7F4X1VMN1QPH2NRBDZ8.png" height=3D"auto" width=3D"48" align=3D"center=
" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">FASHION
</td></tr></tbody></table>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;word-break:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;=
padding-top:16px;"><div style=3D"color:#000000;direction:ltr;font-family:&#=
39;Inter&#39;,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing=
:0px;line-height:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=
=3D"margin:0;margin-bottom:16px;"><strong>Lauren Sherman
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvZGVtbmEtYXQtZ3VjY2ktd2hhdHMtbmV4dC1mb3Ita2VyaW5nLz91dG1fY2FtcGFpZ249V=
GhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9=
VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWV=
tYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNm=
M2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsa=
W5rX2lkIjoyMTE5MzcxfQ/e0512a417c92934d70990c3055bb8fd1ecdb72d92f52d2047610a=
56d94926803" style=3D"text-decoration:underline;color:#d40000;">peers</a> i=
nto the <strong>Demna </strong>surprise.</p><p style=3D"margin:0;margin-bot=
tom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bottom:16px=
;"><strong>Rachel Strugatz </strong><a href=3D"https://email.puck.news/e/c/=
eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJ=
ocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvaW5zaWRlLWxvdWlzLXZ1aXR0b25zLWhpZ2gtZmFzaG=
lvbi1iZWF1dHktcGxheS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJ=
TJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgz=
JTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmN=
lPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm=
5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjExODAzNX0/60990bff91380=
0e1e65c4ddd24dacee74863be1e609b643053d7503e45fd0554" style=3D"text-decorati=
on:underline;color:#d40000;">stress tests</a> Louis Vuitton=E2=80=99s new b=
eauty play.</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 hre=
f=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQU=
dWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcmVudC10a=
GUtcnVud2F5cy1zdXJ2aXZhbC1wbGFuLWRvdWJsZS1kb3duLz91dG1fY2FtcGFpZ249VGhlK0Jh=
Y2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0J=
hY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2=
FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxN=
WUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lk=
IjoyMTE2ODQyfQ/f1f0add903bceb213fbac2987d2f9f28a24cc53b58bc742ec469556d1f9a=
4ee6" style=3D"text-decoration:underline;color:#d40000;">catches up</a> wit=
h <strong>Jenn Hyman </strong>about Rent the Runway=E2=80=99s reboot.</p></=
div>
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pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><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>
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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;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"ART MARKET" src=3D"https://userimg-asset=
s.customeriomail.com/images/client-env-107382/1729520868285_tbs-icon-art_01=
JAQQM732KCZHXS8XJBMTGS8Y.png" height=3D"auto" width=3D"48" align=3D"center"=
 style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">ART MARKET
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=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Marion Maneker</strong>
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcmV=
2aWV3LWxvbmRvbi1zcHJpbmctYXJ0LWF1Y3Rpb25zLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG=
9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzd=
G9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlv=
blx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDM=
wMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMT=
E4MzE2fQ/058ddab18808662285a3a8cdba9dbc6fa2275ac869d609d70fcbe8b9a2f3e0b7" =
style=3D"text-decoration:underline;color:#d40000;">plunges</a> into the Lon=
don numbers and <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRn=
VDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9=
wdWNrLm5ld3MvcGhpbGxpcHMtYXVjdGlvbi1vZmZlcnMtcmFyZS13aWxsaWFtLWVnZ2xlc3Rvbi=
1wcmludHMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjE1JTJGM=
jUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjglMkYy=
NSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21=
lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNm=
M2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIxMTYzNjN9/a8d41f0f17ae11bda8f6e7ee=
c3b9d29f47de3bd877c8a6598e73611f9c5a2125" style=3D"text-decoration:underlin=
e;color:#d40000;">previews</a> a Phillips sale.</p><p style=3D"margin:0;mar=
gin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;"><strong>J=
ulie Davich
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvZGltZXBpZWNlcy1icnlubi13YWxsbmVyLW9uLXdoYXQtd29tZW4td2Vhci1hbmQtd2h5L=
z91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUw=
MDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTA=
wMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdT=
AwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM=
2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTEzODM2fQ/3506c5e3f64f44446926f6e650e2a555a=
f34cf6c20fcb04eeb75c53f963ab48f" style=3D"text-decoration:underline;color:#=
d40000;">explains</a> the untapped potential in timepieces.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"HOLLYWOOD" src=3D"https://userimg-assets=
=2Ecustomeriomail.com/images/client-env=
-107382/1729520869111_tbs-icon-hollywo=
od_01JAQQM7RNJPAHAYAT4JVP2FGA.png" height=3D"auto" width=3D"48" align=3D"ce=
nter" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">HOLLYWOOD
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Matt Belloni
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvdGhlLW1haWxiYWctdGF5bG9yLXNoZXJpZGFuLXNwb2lsZXJzLWRpc25leXMta2FtYWxhL=
WhhcnJpcy1wcm9ibGVtLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMl=
MkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODM=
lMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2=
U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVyb=
mFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTIwMzkzfQ/01082c6b2fa23=
1f23fa7483831d2dd6ffb2cef1f8deca48f1bd82f13323a7f13" style=3D"text-decorati=
on:underline;color:#d40000;">gets into</a> the <strong>Walden</strong>-<str=
ong>Harris </strong>friendship and figures out which studio makes the worst=
 movies.</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>Kim Masters
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvd2FybmVyLWJyb3MtZmlsbS1jby1jaGllZnMtb24tdGhlLWhvdC1zZWF0Lz91dG1fY2Ftc=
GFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2Nv=
bnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWV=
kaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdG=
VybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkM=
jgiLCJsaW5rX2lkIjoyMTE1NDcxfQ/41956f5bc5c529b5970eff01720178335308893794d5b=
f25d3855f433293b4c2" style=3D"text-decoration:underline;color:#d40000;">cap=
tures</a> the turmoil, self-created and otherwise, at Warner Bros.</p><p st=
yle=3D"margin:0;margin-bottom:16px;"><em>meanwhile=E2=80=A6</em></p><p styl=
e=3D"margin:0;"><strong>Eriq Gardner </strong><a href=3D"https://email.puck=
=2Enews/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2V=
WNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYm9uZGhvbGRlcnMtcmViZWwtYXMtbGlv=
bnNnYXRlLXNwaW5zLW9mZi1zdGFyei8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUF=
EUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRU=
FEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1d=
G1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgi=
LCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjExNzE4MH0/886=
cc31c6428ddecb7a4defe5d83ad1cf54652481ef04def4b27cc8615943cf9" style=3D"tex=
t-decoration:underline;color:#d40000;">chronicles</a> the =E2=80=9Ccreditor=
-on-creditor violence=E2=80=9D at
Lionsgate.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"WALL STREET" src=3D"https://userimg-asse=
ts.customeriomail.com/images/client-env-107382/1729520870551_tbs-icon-wall-=
street_01JAQQM95KYVHSVTE1SADVAXTS.png" height=3D"auto" width=3D"48" align=
=3D"center" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">WALL STREET
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
"><strong>Bill Cohan
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvaXMtdHJ1bXBzLXN0cmF0ZWdpYy1iaXRjb2luLXJlc2VydmUtaWRlYS1hY3R1YWxseS1nb=
29kLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5=
XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjl=
cdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW=
9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2M=
TVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTE0MTc3fQ/831a374caf0f9f721672397ceec2d=
0447bdac06ba1cb229bba4fff6fdfb07b70" style=3D"text-decoration:underline;col=
or:#d40000;">market tests</a> the president=E2=80=99s crypto bros.</p></div=
>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"MEDIA" src=3D"https://userimg-assets.cus=
tomeriomail.com/images/client-env-107382/1729520869437_tbs-icon-media_01JAQ=
QM82TC2CJD5T3P72A68MN.png" height=3D"auto" width=3D"48" align=3D"center" st=
yle=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">MEDIA
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Dylan Byers
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvamVmZi1iZXpvcy13YXBvLW1hbmRhdGUtaXMtbm90LXByby10cnVtcC8_dXRtX2NhbXBha=
WduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250=
ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl=
1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm=
09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4I=
iwibGlua19pZCI6MjExODM1Nn0/12a92c39240b8d71f0bad61ce45530a5bf1ae604bd188e0e=
9fab87733c2d13f6" style=3D"text-decoration:underline;color:#d40000;">uncove=
rs</a> a generational fault line at <em>The Washington Post</em>.</p><p sty=
le=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"ma=
rgin:0;"><strong>John Ourand </strong><a href=3D"https://email.puck.news/e/=
c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iL=
CJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvbm9yYnktd2lsbGlhbXNvbi1yZXZhbXBzLW1haW4t=
c3RyZWV0LXNwb3J0cy8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJ=
GMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJT=
JGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlP=
WN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5h=
bCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjEyMDMyMH0/d911253ea76c25a=
ef1fe4bed33f1034bd0dbe714bfb22dac64caaaca9081311d" style=3D"text-decoration=
:underline;color:#d40000;">catches up</a> with former <em>SportsCenter </em=
>guru <strong>Norby
Williamson</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"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"WASHINGTON" src=3D"https://userimg-asset=
s.customeriomail.com/images/client-env-107382/1729520870794_tbs-icon-washin=
gton_01JAQQM9D691XMPJRQ226EDXSM.png" height=3D"auto" width=3D"48" align=3D"=
center" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">WASHINGTON
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>Leigh Ann Caldwell
</strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvY2h1Y2stc2NodW1lci1zdGF5cy1zaWxlbnQtYXMtc2VuYXRlLWRlbW9jcmF0cy1mYWNlL=
XNodXRkb3duLXZvdGUvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUy=
RjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyU=
yRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT=
1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuY=
WwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIxMTkwMTh9/ca531fa00af1ec3=
25de3d2b216efce87e39463d93541c2766a158803358a1d27" style=3D"text-decoration=
:underline;color:#d40000;">details</a> the division within <strong>Schumer<=
/strong>=E2=80=99s ranks.</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>Juli=
a Ioffe </strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImR=
nVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly=
9wdWNrLm5ld3MvcHV0aW5zLWJhZC1mYWl0aC1jZWFzZWZpcmUtdGFjdGljcy8_dXRtX2NhbXBha=
WduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250=
ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl=
1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm=
09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4I=
iwibGlua19pZCI6MjExOTQwNH0/cd601dcddb2f6179b6e0a6e029cd4633bec6c29357d0a60b=
357abd46bf54d95a" style=3D"text-decoration:underline;color:#d40000;">parses=
</a> <strong>Putin</strong>=E2=80=99s
latest Ukraine posture.</p><p style=3D"margin:0;margin-bottom:16px;"><em>me=
anwhile</em>=E2=80=A6</p><p style=3D"margin:0;"><strong>Peter Hamby </stron=
g><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZ=
2F2aW4tbmV3c29tcy1wb2RjYXN0LWlzLXNlcnZpbmctaXRzLXB1cnBvc2UtYXR0ZW50aW9uLz91=
dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JTI5XHUwMDI=
2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlMjlcdTAwMj=
Z1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwM=
jZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2Qz=
MDFkNDhkMjgiLCJsaW5rX2lkIjoyMTE3NDE1fQ/1326ff611ba7c08243f798ac4992d35cf133=
bde491cbf675c0e8e09b25edd2d0" style=3D"text-decoration:underline;color:#d40=
000;">critiques</a> <strong>Newsom</strong>=E2=80=99s campaign-in-waiting w=
hile <strong>Abby Livingston </strong><a href=3D"https://email.puck.news/e/=
c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iL=
CJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHJ1bXAtbWlnaHQtbm90LW5lZWQtZGVtb2NyYXRz=
LXZvdGVzLXRvLWF2b2lkLWEtZ292ZXJubWVudC1zaHV0ZG93bi8_dXRtX2NhbXBhaWduPVRoZSt=
CYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZS=
tCYWNrc3RvcnkrLStMRUFEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpb=
F9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2=
MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19=
pZCI6MjExNTI2OH0/3eff8643e516746e804b101c9530b1c18e110cb35ff6f4be6926d6db9a=
97aa15" style=3D"text-decoration:
underline;color:#d40000;">evaluates</a> Trump=E2=80=99s vote-whipping.</p><=
/div>
</td></tr></tbody></table>
</td></tr></tbody></table>
</td></tr></tbody></table>
<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-bottom:16px;padding-left:24px;padding-right:24px;padding-=
top:32px;vertical-align:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"padding-bottom:16px;"><div class=3D"r" align=3D"center"=
>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"presentatio=
n" width=3D"100%" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;"><tbo=
dy><tr><td style=3D"font-size:1px;line-height:1px;border-top:1px solid #000=
;"><span style=3D"word-break:break-word;">=E2=80=8A</span>
</td></tr></tbody></table></div>
</td></tr></tbody></table>
<table class=3D"oq" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspaci=
ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
ce:0pt;text-align:left;line-height:0;"><tbody><tr><td style=3D"vertical-ali=
gn:middle;color:#000;font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#3=
9;;font-size:20px;font-weight:700;text-align:left;">
<table class=3D"b" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;displ=
ay:inline-block;padding-left:0px;padding-right:0px;" cellpadding=3D"0" cell=
spacing=3D"0" role=3D"presentation"><tbody><tr><td style=3D"vertical-align:=
middle;text-align:center;padding-top:0px;padding-bottom:0px;padding-left:0p=
x;padding-right:12px;"><img alt=3D"PODCASTS" src=3D"https://userimg-assets.=
customeriomail.com/images/client-env-107382/1729520869698_tbs-icon-podcasts=
_01JAQQM8AY9NH956YXMPQWX3NY.png" height=3D"auto" width=3D"48" align=3D"cent=
er" style=3D"display:block;height:auto;margin:0 auto;border:0;"/>
</td><td style=3D"font-family:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;=
font-size:20px;font-weight:700;color:#000;vertical-align:middle;letter-spac=
ing:undefined;text-align:left;line-height:normal;">PODCASTS
</td></tr></tbody></table>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;padding-top:1=
6px;"><div style=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;=
,&#39;Arial&#39;;font-size:17px;font-weight:400;letter-spacing:0px;line-hei=
ght:150%;text-align:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;=
margin-bottom:16px;"><strong>=F0=9F=8E=A7 </strong>Dylan and the <em>Journa=
l</em>=E2=80=99s <strong>Emma
Tucker </strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRn=
VDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9=
wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2VtbWEvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3=
J5Ky0rTEVBRFMrJTI4MyUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4MyUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9u=
XHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzA=
xZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIxMj=
A2NTZ9/710fae3bbaf184a6e4717efaec08f3976a4b6f677a9598aba53019d386e9afd2" st=
yle=3D"text-decoration:underline;color:#d40000;">discuss</a> the future of =
the media industry on <em>The Grill Room</em>.</p><p style=3D"margin:0;marg=
in-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-botto=
m:16px;">NWSL commish <strong>Jessica Berman </strong>contemplates the futu=
re of her league on <a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6=
ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM=
6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3dvbWVucy1zb2NjZXJzLWJpbGxpb24tZG9sbG=
FyLWdsb3ctdXAvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjE1J=
TJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjgl=
MkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN=
0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOi=
JmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjIxMTQ3Mjl9/178332ca17b0a659a51d=
1426626a707d6e6497b0934e675740ce051343aa7d66" style=3D"text-decoration:unde=
rline;color:
#d40000;"><em>The Varsity</em></a>.</p><p style=3D"margin:0;margin-bottom:1=
6px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;margin-bottom:16px;">La=
uren assesses the Gucci of it all on <a href=3D"https://email.puck.news/e/c=
/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLC=
JocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3RoZS1kZW1uYS1hdC1nd=
WNjaS1ib21ic2hlbGwtYW5kLWFsbC10aGUtb3RoZXItc3R1ZmYtdGhhdC1oYXBwZW5lZC1kdXJp=
bmctZmFzaGlvbi1tb250aC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg=
zJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMj=
gzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291c=
mNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRl=
cm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjEyMDY1NH0/7e412ab8603=
d58c29e81b88362c4fa79f10d41a4b3b31611e8897aaa7af0ecd5" style=3D"text-decora=
tion:underline;color:#d40000;"><em>Fashion People</em></a><em>.</em></p><p =
style=3D"margin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D=
"margin:0;margin-bottom:16px;">Former
Labor Secretary <strong>Robert Reich </strong>talks stagflation with <stron=
g>John Heilemann </strong>on <a href=3D"https://email.puck.news/e/c/eyJlbWF=
pbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIj=
oiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3JvYmVydC1yZWljaC1kb25hbGQtd=
HJ1bXBzLXN0YWdmbGF0b3BvbS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUysl=
MjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUys=
lMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc2=
91cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpb=
nRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MjEyMTM2M30/fc7efc35=
7c03c887479310b3ba02811dc753d61ca3ed52400c67391be672f369" style=3D"text-dec=
oration:underline;color:#d40000;"><em>Impolitic</em></a>.</p><p style=3D"ma=
rgin:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;m=
argin-bottom:16px;">Matt and <strong>Bryan Freedman</strong>, the power lit=
igator representing <strong>Justin Baldoni</strong>, get into it on
<a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktO=
T05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9=
kY2FzdF9lcGlzb2RlL2xpdmVseS12cy1iYWxkb25pLWFuZC10aGUtbGVnYWwtc3Rha2VzLXdpdG=
gtYmFsZG9uaXMtbGF3eWVyLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyO=
DMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUy=
ODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3V=
yY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludG=
VybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTE5MjExfQ/e312823717=
da7aaf13607752d30875c878fd9323d367d076e53502322829e6d6" style=3D"text-decor=
ation:underline;color:#d40000;"><em>The Town</em></a>.</p><p style=3D"margi=
n:0;margin-bottom:16px;"><em>and=E2=80=A6</em></p><p style=3D"margin:0;">Ab=
by and Peter discuss Schumer=E2=80=99s terrible options on <a href=3D"https=
://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2Np=
SDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2R=
lL3NjaHVtZXJzLXNodXRkb3duLWhvcnJvci1zdG9yeS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3=
RvcnkrLStMRUFEUyslMjgzJTJGMTUlMkYyNSUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc=
3RvcnkrLStMRUFEUyslMjgzJTJGOCUyRjI1JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rp=
b25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2Q=
zMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6Mj=
ExOTIxMn0/f7eb167bc913c01c0bb4facce0d404d7769e4d2ce31d4644f5bb1c0743e83978"=
 style=3D"text-decoration:underline;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-=
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x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
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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;word-b=
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;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;"><em>As a remin=
der, you can update your profile at any time to get more stories like these=
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dWNrLm5ld3MvbmV3c2xldHRlcnMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFM=
rJTI4MyUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRF=
MrJTI4MyUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX=
3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiwi=
aW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjE1Nn0/620ea8f9f37=
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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;"><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:&#39;PuckSerifDisplay&#39;,&#39;Georgia&#39;;font-size:=
24px;font-weight:400;letter-spacing:normal;line-height:120%;text-align:cent=
er;margin-top:0;margin-bottom:0;mso-line-height-alt:28.799999999999997px;">=
The Demna
Convention</h3>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;margin-bottom:0p=
x;">On Wednesday afternoon, I received a text from my partner <strong>Laure=
n Sherman
</strong>that hinted she might be on to some pretty significant news. Every=
 year, the largest fashion houses engage in a collective cyclical game of d=
esigner musical chairs. Inevitably, one creative director at a top house re=
tires or steps back, or perhaps is relieved, paving the way for his and her=
 peers to quietly angle for the job. And, this being the fashion industry, =
the politicking is almost invisible on the outside (the largest conglomerat=
es essentially muzzle the solicitous trade press)
and unbelievably ferocious on the inside. And since one vacancy begets anot=
her, a kinetic chain reaction ignites.</p><p style=3D"margin:0;"><br/>This =
year has been particularly active in the maison free-agent market. Ever sin=
ce the powder keg first erupted last June, with the departure of <strong>Vi=
rginie Viard </strong>from Chanel, a subtle recomposition of the business h=
as been afoot. And, naturally, Lauren has been updating the industry on the=
 sweeping changes in real time, often months before
the creative director appointments are publicly announced. Meanwhile, the l=
argest vacancy officially opened just last month: After numerous quarters o=
f disappointing sales, uninspiring financial results, and wan reviews, Keri=
ng-owned Gucci finally defenestrated <strong>Sabato De Sarno</strong>, who =
had never been able to re-create the economic and aesthetic wizardry of his=
 predecessor, <strong>Alessandro Michele</strong>. Lauren had a beat on Guc=
ci=E2=80=99s replacement.</p></div>
</td></tr></tbody></table>
</td></tr></tbody></table>
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<table align=3D"center" width=3D"100%" border=3D"0" cellpadding=3D"0" cells=
pacing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-=
rspace:0pt;"><tbody><tr><td>
<table class=3D"c i" align=3D"center" border=3D"0" cellpadding=3D"0" cellsp=
acing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-r=
space:0pt;background-color:#ffffff;border-radius:0;color:#000000;width:600p=
x;margin:0 auto;" width=3D"600"><tbody><tr><td class=3D"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;border-bottom:1px solid #d40000;border-top:1px solid #d40000;padd=
ing-bottom:32px;padding-left:24px;padding-right:24px;padding-top:32px;
vertical-align:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:16px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:120%;text-al=
ign:left;mso-line-height-alt:20.4px;"><p style=3D"margin:0;">A MESSAGE FROM=
 OUR SPONSOR</p></div>
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-rspace:0pt;"><tbody><tr><td style=3D"padding-bottom:16px;width:100%;"><div=
 class=3D"r" align=3D"center" style=3D"line-height:10px"><div style=3D"max-=
width:552px;"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly93d=
3cubWxiLmNvbS9pbnRlcm5hdGlvbmFsL2V2ZW50cy90b2t5by1zZXJpZXM_bXNvY2tpZD0zNTYz=
YmI1OGVjOWQ2YWQ2MGY4ZmFmNDBlZGZhNmJmOVx1MDAyNnV0bV9jYW1wYWlnbj1UaGUrQmFja3N=
0b3J5Ky0rTEVBRFMrJTI4MyUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3=
N0b3J5Ky0rTEVBRFMrJTI4MyUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0a=
W9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNk=
MzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjI=
xMjEzNjF9/d219ef514feb7977e0a2d32550d5288c66402712b2499c04c6470280d2949c4a"=
 target=3D"_blank" style=3D"outline:none" tabindex=3D"-1"><img src=3D"https=
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=3D"display:block;height:auto;border:0;width:100%;" width=3D"552" alt=3D"ML=
B" title=3D"MLB" height=3D"auto"/></a></div></div>
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<table class=3D"j n" width=3D"100%" border=3D"0" cellpadding=3D"0" cellspac=
ing=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rsp=
ace:0pt;mso-hide:all;display:none;max-height:0;overflow:hidden;"><tbody><tr=
><td style=3D"padding-bottom:16px;width:100%;"><div class=3D"r" align=3D"ce=
nter" style=3D"line-height:10px"><div style=3D"max-width:552px;"><a href=3D=
"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbW=
VRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly91c2VyaW1nLWFzc2V0cy5jdXN0b=
21lcmlvbWFpbC5jb20vaW1hZ2VzL2NsaWVudC1lbnYtMTA3MzgyLzE3NDE5NjMzODYzNjZfMjVf=
V1QtVFlPLVBVQ0stQUQtZl9WMS02MDB4NzAwLTcyXzAxSlBBSFFRTlpWNFBQWlc5OVFBNFBZTkF=
ULnBuZz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkYxNSUyRjI1JT=
I5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODMlMkY4JTJGMjUlM=
jlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIu=
aW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA=
2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTIxMzYyfQ/35124179594fae7367f90181019=
e82390376191309eb02f4c5e061391e14af3a" target=3D"_blank" style=3D"outline:n=
one" tabindex=3D"-1"><img src=3D"https://userimg-assets.customeriomail.com/=
images/client-env-107382/1741960442521_Screenshot%202025-03-14%20at%209.53.=
43%E2%80%AFAM_01JPAEXWQ1V4SVRT5QDP98VVK1.png" style=3D"display:block;height=
:auto;border:0;width:100%;" width=3D"552" alt=3D"MLB" title=3D"MLB" height=
=3D"auto"/></a></div></div>
</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td><div style=3D"color:#000000;direction:ltr;=
font-family:&#39;Inter&#39;,&#39;Arial&#39;;font-size:17px;font-weight:400;=
letter-spacing:0px;line-height:120%;text-align:left;mso-line-height-alt:20.=
4px;"><p style=3D"margin:0;margin-bottom:0px;">Major League Baseball opens =
its 2025 season with the MLB Tokyo Series presented by Guggenheim with the =
defending
World Champion Los Angeles Dodgers facing the Chicago Cubs at the Tokyo Dom=
e on Tuesday, March 18 on FOX and Wednesday, March 19 on FS1.=C2=A0 The Dod=
gers are led by National League MVP Shohei Ohtani, who is one of five Japan=
ese-born players on the two teams.=C2=A0 Last year=E2=80=99s World Series a=
veraged a record 12.1 million viewers in Japan.</p><p style=3D"margin:0;mar=
gin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;margin-bottom:0px;">In addi=
tion to the highly anticipated match-up on the field, the
Tokyo Series will be a bonanza for the baseball-loving country with multipl=
e fan events; collaborations with popular global entertainment brands inclu=
ding Demon Slayer, Fortnite, Pok=C3=A9mon, Chiikawa and the world-renowned =
artist Takashi Murakami; 23 sponsors; the largest retail footprint ever at =
an MLB event; and global distribution to more than 200 countries.</p><p sty=
le=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">Learn m=
ore about the=C2=A0<strong><a href=3D"https://email.puck.news/e/c/eyJlbWFpb=
F9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSDdzNHdDeFZ2VWNWTT0iLCJocmVmIjoi=
aHR0cHM6Ly93d3cubWxiLmNvbS9pbnRlcm5hdGlvbmFsL2V2ZW50cy90b2t5by1zZXJpZXM_bXN=
vY2tpZD0zNTYzYmI1OGVjOWQ2YWQ2MGY4ZmFmNDBlZGZhNmJmOVx1MDAyNnV0bV9jYW1wYWlnbj=
1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjE1JTJGMjUlMjlcdTAwMjZ1dG1fY29udGVud=
D1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4MyUyRjglMkYyNSUyOVx1MDAyNnV0bV9tZWRpdW09=
ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY=
2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsIm=
xpbmtfaWQiOjIxMjEzNjF9/d219ef514feb7977e0a2d32550d5288c66402712b2499c04c647=
0280d2949c4a" target=3D"_blank" style=3D"text-decoration:underline;color:#d=
40000;" rel=3D"noopener">MLB Tokyo Series here.</a></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"yq o" width=3D"100%=
" style=3D"font-weight:400;text-align:left;mso-table-lspace:0pt;mso-table-r=
space:0pt;padding-left:24px;padding-right:24px;padding-top:32px;vertical-al=
ign:top;">
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspace:0pt;word-b=
reak:break-word;"><tbody><tr><td style=3D"padding-bottom:32px;"><div style=
=3D"color:#000000;direction:ltr;font-family:&#39;Inter&#39;,&#39;Arial&#39;=
;font-size:17px;font-weight:400;letter-spacing:0px;line-height:150%;text-al=
ign:left;mso-line-height-alt:25.5px;"><p style=3D"margin:0;margin-bottom:0p=
x;">As it so happens, I took the call from the 10th floor waiting room of a=
 State Department
outpost on Hudson Street, not far from where I grew up, in Greenwich Villag=
e. (The department misspelled my younger son=E2=80=99s middle name on his p=
assport=E2=80=A6 It=E2=80=99s a long story=E2=80=A6 and you don=E2=80=99t n=
eed to bother=E2=80=A6) Anyway, a lounge pit inside our winnowing federal b=
ureaucracy is a funny place to receive the news about the next creative dir=
ector of Gucci, but it also perfectly framed a larger point about the direc=
tion of the industry.</p><p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p=
><p style=3D"margin:0;
margin-bottom:0px;">Throughout my career in media, I=E2=80=99ve watched wit=
h wonder and amusement the many ways in which C-suites try to minimize the =
impact and value of elite creative talents, often to their own detriment. A=
fter all, while these enterprises have to be sufficiently operationalized, =
they aren=E2=80=99t bureaucracies=E2=80=94readers, viewers, listeners, and =
consumers can all spot a lack of vision when they see it. And Kering, which=
 has seen its stock price erode by some 70 percent since the summer of
=E2=80=9921, knows this better than anyone else: <strong>Fran=C3=A7ois-Henr=
i Pinault</strong>, its C.E.O., owns both CAA and Christie=E2=80=99s.</p><p=
 style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;margi=
n-bottom:0px;">I won=E2=80=99t pretend that De Sarno=E2=80=99s replacement =
of Michele, who now designs for Valentino, was the only factor that reverse=
d Gucci=E2=80=99s fortunes. Indeed, the Covid-era luxury boom faded, an eco=
nomic malaise descended on China, and the U.S. market has suffered through =
its own fog of
stagflation. But the fact of the matter is that De Sarno wasn=E2=80=99t his=
 predecessor=E2=80=99s equal, and there was no convincing the consumer othe=
rwise.</p><p style=3D"margin:0;margin-bottom:0px;">=C2=A0</p><p style=3D"ma=
rgin:0;margin-bottom:0px;">During our chat, fascinatingly, Lauren expressed=
 vexation that Gucci might bring in <strong>Demna Gvasalia</strong>, a magn=
ificently talented designer who founded Vetements and ushered Balenciaga to=
 new heights. Despite his obvious talents, she reflected, he had the
wrong aesthetic=E2=80=94harsh and unrelenting=E2=80=94to endow upon a warm =
and lush brand. It didn=E2=80=99t make sense, she told me. It seemed off. A=
nd yet Kering announced the news the very next day.</p><p style=3D"margin:0=
;margin-bottom:0px;">=C2=A0</p><p style=3D"margin:0;">In <a href=3D"https:/=
/email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdWbWVRc2NpSD=
dzNHdDeFZ2VWNWTT0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZGVtbmEtYXQtZ3VjY2ktd=
2hhdHMtbmV4dC1mb3Ita2VyaW5nLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURT=
KyUyODMlMkYxNSUyRjI1JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQUR=
TKyUyODMlMkY4JTJGMjUlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV=
9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsI=
mludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoyMTE5MzcxfQ/e0512=
a417c92934d70990c3055bb8fd1ecdb72d92f52d2047610a56d94926803" style=3D"text-=
decoration:underline;color:#d40000;"><em>Pinault Noir</em></a>, Lauren deci=
phers the Demna news: what it means for Gucci, the industry, and the next r=
ound of designer
musical chairs. In other ways, it=E2=80=99s a story about how creativity pl=
ays a role in our largest and most consequential industries amid secular pl=
atform shifts and business model innovations=E2=80=94the endless transforma=
tion that defines our age. It=E2=80=99s the story of our time and precisely=
 what you should expect to read in Puck.</p></div>
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ng=3D"0" role=3D"presentation" style=3D"mso-table-lspace:0pt;mso-table-rspa=
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<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>
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</td></tr></tbody></table>
<table width=3D"100%" border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=
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