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Subject: Kamala Cabinet Theories, Paramount Subplots & An ABC News Twist
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Thanks for reading The Backstory, your weekly capsule of the best work eman=
ating from Puck. It was yet another fabulous week: Matt Belloni and Lesley =
Goldberg compiled the worst showrunner deals of the streaming age; Dylan By=
ers explored an ABC News plot twist; Eriq Gardner unearthed a bizarre CAA l=
egal battle; Lauren Sherman chatted with Tory Burch; Rachel Strugatz exhume=
d the Est=C3=A9e Lauder executive exodus.
=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
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Good morning,
Thanks for reading The Backstory, your weekly capsule of the best work eman=
ating from Puck.
It was yet another fabulous week: Matt Belloni and Lesley Goldberg compiled=
the worst showrunner deals of the streaming age; Dylan Byers explored an A=
BC News plot twist; Eriq Gardner unearthed a bizarre CAA legal battle; Laur=
en Sherman chatted with Tory Burch; Rachel Strugatz exhumed the Est=C3=A9e =
Lauder executive exodus; Bill Cohan got the skinny on an Elon Musk fallacy;=
Marion Mankeer uncovered a wrinkle in the art market; and John Ourand peek=
ed at Edgar Bronfman Jr.=E2=80=99s Paramount dealbook. Meanwhile, John Heil=
emann charted Trump=E2=80=99s decline; Tara Palmeri revealed the speed bump=
s of the Lewandowski reunion tour;
Peter Hamby scooped Anita Dunn=E2=80=99s rage; and Julia Ioffe previewed Ha=
rris=E2=80=99s foreign policy team.
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+%=
288%2F24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_=
medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48=
d28 )
A MESSAGE FROM OUR SPONSOR
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he+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
BMW captures timeless luxury with the iconic BMW 7 Series. Learn more at BM=
WUSA.com ( https://ad.doubleclick.net/ddm/trackclk/N2267083.4235865PUCKNEWS=
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=3D;dc_rdid=3D;tag_for_child_directed_treatment=3D;tfua=3D;ltd=3D;dc_tdv=3D=
1?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+=
Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3D=
customer.io&utm_term=3Df6c60615e3d301d48d28 ).
FASHION:
Lauren Sherman talks business ( https://puck.news/young-at-heart/?utm_campa=
ign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-=
+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io=
&utm_term=3Df6c60615e3d301d48d28 ) with Tory Burch and fashion trends with =
Kate Young.
and=E2=80=A6
Rachel Strugatz digs into ( https://puck.news/the-estee-lauder-exodus/?utm_=
campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backst=
ory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustom=
er.io&utm_term=3Df6c60615e3d301d48d28 ) the Est=C3=A9e Lauder executive shu=
ffle.
ART MARKET:
Marion Maneker corrects the narrative ( https://puck.news/a-bull-case-for-t=
he-art-market/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_c=
ontent=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&=
utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) about the art ma=
rket correction.
HOLLYWOOD:
Matt Belloni and Lesley Goldberg unveil the worst ( https://puck.news/the-b=
est-and-worst-deals-of-peak-tv-part-1/?utm_campaign=3DThe+Backstory+-+LEADS=
+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&ut=
m_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d=
48d28 ) and most questionable ( https://puck.news/the-best-and-worst-deals-=
of-the-peak-tv-era-part-2/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2=
F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) deal=
s of the Peak TV era.
and=E2=80=A6
Eriq Gardner parses the docs ( https://puck.news/caa-hits-the-mattresses-ag=
ainst-its-defectors/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29=
&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_a=
ction&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) in CAA=E2=
=80=99s new legal war.
and=E2=80=A6
Scott Mendelson reviews ( https://puck.news/7-lessons-from-hollywoods-good-=
not-great-summer/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&ut=
m_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_acti=
on&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the town=E2=
=80=99s summer box office math.
and=E2=80=A6
Matt chats with ( https://puck.news/the-making-of-true-detective-night-coun=
try/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DT=
he+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the talented crew behind T=
rue Detective: Night Country.
WALL STREET:
Bill Cohan reveals ( https://puck.news/the-electric-slide-a-tesla-fallacy/?=
utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Ba=
ckstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcu=
stomer.io&utm_term=3Df6c60615e3d301d48d28 ) Elon Musk=E2=80=99s electric fa=
llacy.
MEDIA:
John Ourand explores ( https://puck.news/hes-just-not-that-into-venu/?utm_c=
ampaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backsto=
ry+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustome=
r.io&utm_term=3Df6c60615e3d301d48d28 ) Zaz=E2=80=99s Venu Plan B and peeks =
( https://puck.news/edgar-bronfmans-closing-pitch-for-paramount/?utm_campai=
gn=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-+=
LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&=
utm_term=3Df6c60615e3d301d48d28 ) at Bronfman=E2=80=99s Paramount
deck.
and=E2=80=A6
Dylan Byers offers ( https://puck.news/the-abcs-of-almin/?utm_campaign=3DTh=
e+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%=
287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_ter=
m=3Df6c60615e3d301d48d28 ) a talmudic reading of the Deb OConnell power pla=
y at ABC News.
WASHINGTON:
John Heilemann examines ( https://puck.news/trumps-punishing-new-split-scre=
en/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DTh=
e+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the Bidenization of Donald=
Trump, and chronicles ( https://puck.news/the-brief-return-of-obamalot/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Back=
story+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcust=
omer.io&utm_term=3Df6c60615e3d301d48d28 ) the return of
Obamalot.
and=E2=80=A6
Tara Palmeri reports on ( https://puck.news/trumps-personal-envoy-moves-int=
o-mar-a-lago/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_co=
ntent=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&u=
tm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) the Lewandowski s=
hakeup in Mar-a-Lago.
meanwhile=E2=80=A6
Peter Hamby gathers all the dish ( https://puck.news/sweet-home-chicago/?ut=
m_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Back=
story+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcust=
omer.io&utm_term=3Df6c60615e3d301d48d28 ) from Chicago and Julia Ioffe prev=
iews ( https://puck.news/casting-kamala-harris-fantasy-cabinet/?utm_campaig=
n=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-+L=
EADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&u=
tm_term=3Df6c60615e3d301d48d28 ) which Biden aides would
stick around for a Harris administration.
PODCASTS:
Heilemann gathers the D.N.C. tea with the Center for American Progress=E2=
=80=99s Patrick Gaspard and Politico=E2=80=99s Jonathan Martin on Impolitic=
( https://puck.news/podcast_episode/sweet-home-chicago-pt-2-kamala-in-comm=
and/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DT=
he+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Matt and CNBC=E2=80=99s Alex Sherman contemplate the cable-pocalypse on The
Town ( https://puck.news/podcast_episode/a-new-setback-in-hollywoods-cable-=
crisis/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=
=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_so=
urce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Tara and Chuck Todd measure the Kamalamentum on Somebody=E2=80=99s Gotta Wi=
n ( https://puck.news/podcast_episode/chuck-todd-on-bill-clintons-revival-t=
our-and-kamalas-achilles-heel/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F=
24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=
=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Lauren fact-checks Emily in Paris with Kate Young on Fashion People ( https=
://puck.news/podcast_episode/emily-in-paris-fact-checks-taylor-swift-fantas=
ies/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DT=
he+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ).
and=E2=80=A6
Peter and Ourand discuss Zaz=E2=80=99s Venu
options on The Powers That Be ( https://puck.news/podcast_episode/the-nfls-=
new-moneymen-venus-legal-blockade/?utm_campaign=3DThe+Backstory+-+LEADS+%28=
8%2F24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_me=
dium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d2=
8 ).
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=
rs/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DTh=
e+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ) to customize your email se=
ttings.
$(ad3_title) ( https://ad.doubleclick.net/ddm/trackclk/N2267083.4235865PUCK=
NEWS/B31862338.394547330;dc_trk_aid=3D593639520;dc_trk_cid=3D221011575;dc_l=
at=3D;dc_rdid=3D;tag_for_child_directed_treatment=3D;tfua=3D;ltd=3D;dc_tdv=
=3D1?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F24%29&utm_content=3DT=
he+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Demail_action&utm_source=
=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Family Business
Early Monday morning, shortly before I was about to load the Radio Flyer to=
take the kids to the beach, Rachel Strugatz dropped a note into Puck=E2=80=
=99s now-famous Slack channel that I instantaneously knew was going to chan=
ge the course of the day, and maybe even the complexion of the week.
Rachel, of course, is the most connected and acerbic reporter at work today=
focused on the six-hundred-ish billion-dollar beauty industry=E2=80=94from=
the publicly traded behemoths, like L=E2=80=99Or=C3=A9al, to the new era o=
f influencer-led insurgents, like Selena Gomez=E2=80=99s Rare Beauty. And j=
ust like Hollywood or the media or Washington, the beauty industry offers i=
ts own veritable cinematic universe that=E2=80=99s filled with strivers and=
incumbents, hucksters and hegemons. It=E2=80=99s exactly the sort of ecosy=
stem that we love to unfurl here at Puck.
I=E2=80=99ve
also always found it both fascinating and perplexing, and maybe even a litt=
le familiar. As loyal readers know well, I started my career at the beginni=
ng of the end of the magazine era=E2=80=94back in a time and place called M=
idtown in the early aughts. In those days, we were convinced that the cultu=
ral product we churned out every month was immune to changing tastes and te=
chnologies, and we were superbly confident that consumers valued our work m=
ore than the sort of garbage accumulating on nascent social media platforms=
=2E Alas, in many ways, the humbling=
that the industry endured=E2=80=94reverb=
erations that have since defined my career=E2=80=94presaged similar disloca=
tions across the economy: the music business, the television industry, and =
yes, even the beauty trade. These days, the legacy cosmetics giants are als=
o watching their moats evaporate in real time as they race to keep up with =
the whims of younger generations: both what they want to consume and their =
point of purchase. Few entities
embody this generational transition more than Est=C3=A9e Lauder Companies, =
the family-controlled dynasty that helped forge the industry as we know it,=
and has endured its own very public humbling in recent times as the stock =
has fallen 75 percent in the last three years.
On Monday, Rachel reported that Lauder=E2=80=99s C.E.O. Fabrizio Freda was =
announcing his retirement ahead of the company=E2=80=99s earnings call=E2=
=80=94a sure sign that the family and the board wanted to communicate to th=
e markets that they were focused on a turnaround. Of course, this followed =
the recent departure of the company=E2=80=99s well-regarded C.F.O. Tracey T=
ravis, who sits on the board of both Accenture and Meta. There was more: Ra=
chel suggested that other executives would be departing, too.
Freda isn=E2=80=99t going anywhere immediately. He=E2=80=99ll stay on until=
next June, the end of the 2025 fiscal year. Naturally, however, the news h=
as set this cinematic universe ablaze. Will the Lauders elevate
one of their own, chief data officer Jane Lauder, into the perch? Amid a se=
ason of uncharacteristically high succession intrigue=E2=80=94at LVMH, JPMo=
rgan Chase, Disney, and even the White House=E2=80=94the sitch at ELC may y=
et be the most compelling. I behoove you to turn your attention to Rachel=
=E2=80=99s fabulously good piece, The Est=C3=A9e Exodus ( https://puck.news=
/the-estee-lauder-exodus/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F=
24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Dem=
ail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ), to f=
ully comprehend the familial, political, and economic dynamics.
But if you only have time for one late summer weekend read, I=E2=80=99d tur=
n your attention to another double-barreled piece regarding another sort of=
succession. Right after Rachel filed her story on Freda, my partner John O=
urand emailed me a copy of Edgar Bronfman Jr.=E2=80=99s pitch deck to inves=
tors to acquire Paramount
Global from another scion, Shari Redstone.
Yes, yes, I know that the sprawling, certifiably endless Paramount auction =
has been an infatuation here at Puck=E2=80=94some bankers have joked, half =
seriously, that we should collect a deal fee on the transaction from all ou=
r perspicacious reporting=E2=80=94but now John has unveiled the latest twis=
t. Bronfman=E2=80=99s pitch deck not only crystallizes his strategy for the=
company, but also the management team he=E2=80=99d deploy into Times Squar=
e to fix the business. Bronfman=E2=80=99s Closing Pitch ( https://puck.news=
/edgar-bronfmans-closing-pitch-for-paramount/?utm_campaign=3DThe+Backstory+=
-+LEADS+%288%2F24%2F24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F2=
4%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615=
e3d301d48d28 ) eloquently builds on the previous reportage from Matt Bellon=
i and Bill Cohan and yet crystallizes it in a new light. After all, this is=
one of the
great sagas of our time, and precisely what you should expect from Puck.
Have a great weekend,
Jon
Puck ( https://puck.news/?utm_campaign=3DThe+Backstory+-+LEADS+%288%2F24%2F=
24%29&utm_content=3DThe+Backstory+-+LEADS+%287%2F19%2F24%29&utm_medium=3Dem=
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Puck is published by Heat Media LLC. 227 W 17th St New York, NY 10011.
--f491a3244a6c1ff376d2153f87b1787d365fb6fb87cb7eaa0ce017750665
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<div style=3D"display: none; max-height: 0px; overflow: hidden;">Thanks f=
or reading The Backstory, your weekly capsule of the best work emanating fr=
om Puck. It was yet another fabulous week: Matt Belloni and Lesley Goldberg=
compiled the worst showrunner deals of the streaming age; Dylan Byers expl=
ored an ABC News plot twist; Eriq Gardner unearthed a bizarre CAA legal bat=
tle; Lauren Sherman chatted with Tory Burch; Rachel Strugatz exhumed the Es=
t=C3=A9e Lauder executive exodus.
=20
=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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iwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjU1ODY3OX0/9115=
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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 capsule of the best work emanating f=
rom Puck.<br/><br/>It was <i>yet another</i> fabulous week: <b>Matt Belloni=
</b>and <b>Lesley Goldberg </b>compiled the <i>worst</i> showrunner deals =
of the streaming age; <b>Dylan Byers </b>explored an ABC News plot twist; <=
b>Eriq Gardner </b>unearthed a bizarre CAA legal battle; <b>Lauren Sherman =
</b>chatted with <b>Tory Burch</b>; <b>Rachel Strugatz </b>exhumed the Est=
=C3=A9e Lauder executive exodus; <b>Bill Cohan </b>got the skinny on an <b>=
Elon Musk </b>fallacy; <b>Marion Mankeer </b>uncovered a wrinkle in the art=
market; and <b>John Ourand </b>peeked at <b>Edgar Bronfman Jr.</b>=E2=80=
=99s Paramount dealbook. Meanwhile, <b>John Heilemann </b>charted <b>Trump<=
/b>=E2=80=99s decline; <b>Tara Palmeri </b>revealed the speed bumps of the =
<b>Lewandowski </b>reunion tour;
<b>Peter Hamby </b>scooped <b>Anita Dunn</b>=E2=80=99s rage; and <b>Julia I=
offe </b>previewed <b>Harris</b>=E2=80=99s foreign policy team.<br/><br/>Ch=
eck out these stories, and others, via the links below. And stick around fo=
r the backstory on how it all came together. <br/></p>
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<div><a class=3D"cta" href=3D"https://email.puck.news/e/c/eyJlbW=
FpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmI=
joiaHR0cHM6Ly9wdWNrLm5ld3Mvam9pbi8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStM=
RUFEUyslMjg4JTJGMjQlMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLSt=
MRUFEUyslMjg3JTJGMTklMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMD=
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DI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjU1ODY3OX0/=
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e:13px;font-weight:bold;line-height:44px;text-align:center;text-decoration:=
none;width:220px;-webkit-text-size-adjust:none;">Learn More</a></div>
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<b>A MESSAGE FROM OUR SPONSOR</b>
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<td style=3D"padding-bottom: 20px;"><a href=3D"https://emai=
l.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV=
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<td style=3D"font-size: 14px; line-height: 17px; color: #8a=
8888;"><p style=3D"text-align:center">BMW captures timeless luxury with the=
iconic BMW 7 Series. Learn more at <u><a href=3D"https://email.puck.news/e=
/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0i=
LCJocmVmIjoiaHR0cHM6Ly9hZC5kb3VibGVjbGljay5uZXQvZGRtL3RyYWNrY2xrL04yMjY3MDg=
zLjQyMzU4NjVQVUNLTkVXUy9CMzE4NjIzMzguMzk0NTAzODM1O2RjX3Rya19haWQ9NTkzNjM1MT=
c2O2RjX3Rya19jaWQ9MjIxMDEwNDY1O2RjX2xhdD07ZGNfcmRpZD07dGFnX2Zvcl9jaGlsZF9ka=
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jE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtf=
aWQiOjEwMDczMTN9/4dcff1d9248831ab5d69243f716e5c526c57eef81f45cda82db0771104=
86d295" style=3D"color:#d40000;text-decoration:underline;font-weight:bold" =
class=3D"sdf">BMWUSA.com</a></u>.</p></td>
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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=
I6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0c=
HM6Ly9wdWNrLm5ld3MveW91bmctYXQtaGVhcnQvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5=
Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J=
5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvbl=
x1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwM=
WQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDA1=
NTYxfQ/13b7ddb9b13e1cabaa14a2f44044bac4ca4cb1f70bf67dcdb2dbd9a3b61b4c0a" st=
yle=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D=
"sdf">talks business</a></u></b> with <b>Tory Burch </b>and fashion trends =
with <b>Kate Young</b>.<br/><i>and=E2=80=A6</i><br/><b>Rachel Strugatz <u><=
a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT=
05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhl=
LWVzdGVlLWxhdWRlci1leG9kdXMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFM=
rJTI4OCUyRjI0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRF=
MrJTI4NyUyRjE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0b=
V9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIs=
ImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDA0MjUzfQ/b69a=
8dc5f119e6bca6924ec03b19e95a3ba152b111fd408f3ae17292742e3aeb" style=3D"colo=
r:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">digs =
into</a></u></b> the Est=C3=A9e Lauder executive shuffle.<br/><br/><b>ART M=
ARKET:</b><br/><b>Marion Maneker <u><a href=3D"https://email.puck.news/e/c/=
eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJ=
ocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvYS1idWxsLWNhc2UtZm9yLXRoZS1hcnQtbWFya2V0Lz=
91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODglMkYyNCUyRjI0JTI5XHUwM=
DI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkYxOSUyRjI0JTI5XHUw=
MDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHU=
wMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZT=
NkMzAxZDQ4ZDI4IiwibGlua19pZCI6OTk4OTU0fQ/8bd390399ebae2684067938558d88be8bc=
afafc07b81ee6cf7fa1d569fa44254" style=3D"color:rgb(212, 0, 0);text-decorati=
on:none;font-weight:bold" class=3D"sdf">corrects the narrative</a></u></b> =
about the art market correction.<br/><br/><b>HOLLYWOOD:</b><br/><b>Matt Bel=
loni </b>and <b>Lesley Goldberg </b>unveil the <b><u><a href=3D"https://ema=
il.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNV=
V1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWJlc3QtYW5kLXdvcnN0L=
WRlYWxzLW9mLXBlYWstdHYtcGFydC0xLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xF=
QURTKyUyODglMkYyNCUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0x=
FQURTKyUyODclMkYxOSUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMj=
Z1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkM=
jgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTAwMDc1NX0/=
057c145ca47739660ae5e8981aa94345a58114628f56c29cf188ce55bf49c278" style=3D"=
color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">w=
orst</a></u></b> and <b><u><a href=3D"https://email.puck.news/e/c/eyJlbWFpb=
F9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoi=
aHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWJlc3QtYW5kLXdvcnN0LWRlYWxzLW9mLXRoZS1wZWFrLXR=
2LWVyYS1wYXJ0LTIvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRj=
I0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyR=
jE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9=
Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmF=
sIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDA2MjAwfQ/3547bb31f8af919=
ebb7901379f04c46aa167a0ef418b96105de21b3fd51ff0e5" style=3D"color:rgb(212, =
0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">most questionabl=
e</a></u></b> deals of the Peak TV era.<br/><i>and=E2=80=A6</i><br/><b>Eriq=
Gardner <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4=
Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWN=
rLm5ld3MvY2FhLWhpdHMtdGhlLW1hdHRyZXNzZXMtYWdhaW5zdC1pdHMtZGVmZWN0b3JzLz91dG=
1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODglMkYyNCUyRjI0JTI5XHUwMDI2d=
XRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkYxOSUyRjI0JTI5XHUwMDI2=
dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI=
2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMz=
AxZDQ4ZDI4IiwibGlua19pZCI6MTAwMzY1NH0/8448be5c8f9bd90a1d5f6900414a095414350=
537571617982ebfe419472b46c6" style=3D"color:rgb(212, 0, 0);text-decoration:=
none;font-weight:bold" class=3D"sdf">parses the docs</a></u></b> in CAA=E2=
=80=99s new legal war.<br/><i>and=E2=80=A6</i><br/><b>Scott Mendelson <u><a=
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT0=
5LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvNy1sZ=
XNzb25zLWZyb20taG9sbHl3b29kcy1nb29kLW5vdC1ncmVhdC1zdW1tZXIvP3V0bV9jYW1wYWln=
bj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGV=
udD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaX=
VtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVyb=
T1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgi=
LCJsaW5rX2lkIjoxMDAzMjUxfQ/6fb0ea6b3f9dcecc2e30ea2fc535efdb17fabd2531aa8297=
0f27d639382a2a7a" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-w=
eight:bold" class=3D"sdf">reviews</a></u></b> the town=E2=80=99s summer box=
office math.<br/><i>and=E2=80=A6</i><br/>Matt <u><b><a href=3D"https://ema=
il.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNV=
V1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLW1ha2luZy1vZi10cnVlL=
WRldGVjdGl2ZS1uaWdodC1jb3VudHJ5Lz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xF=
QURTKyUyODglMkYyNCUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0x=
FQURTKyUyODclMkYxOSUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMj=
Z1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkM=
jgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTAwMDc1MX0/=
3bddd394169aae09da833895178cb0035e23053ffaadb98b7938b0c11b15b5ce" style=3D"=
color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">c=
hats with</a></b></u> the talented crew behind <i>True Detective: Night Cou=
ntry</i>.
<br/><br/><b>WALL STREET:</b><br/><b>Bill Cohan <u><a href=3D"https://email=
=2Epuck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1=
MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWVsZWN0cmljLXNsaWRlLWE=
tdGVzbGEtZmFsbGFjeS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4JT=
JGMjQlMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3J=
TJGMTklMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJj=
ZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJ=
uYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDQ0NDl9/67b4a1fe80b4d=
4cd305825293542169de07ad9cc0f11967f212e7edd5519c28d" style=3D"color:rgb(212=
, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">reveals</a></u=
> Elon Musk</b>=E2=80=99s electric fallacy.<br/><br/><b>MEDIA:</b><br/><b>J=
ohn Ourand <u><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wd=
WNrLm5ld3MvaGVzLWp1c3Qtbm90LXRoYXQtaW50by12ZW51Lz91dG1fY2FtcGFpZ249VGhlK0Jh=
Y2tzdG9yeSstK0xFQURTKyUyODglMkYyNCUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0J=
hY2tzdG9yeSstK0xFQURTKyUyODclMkYxOSUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF=
9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2M=
TVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19p=
ZCI6MTAwMDU0NX0/1ff99bbbed86a708d9fa3f1fbcc4bf5cb1ddab961255addbd8a7070fc86=
563dc" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold"=
class=3D"sdf">explores</a></u> Zaz</b>=E2=80=99s Venu Plan B and <b><u><a =
href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05=
LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvZWRnYX=
ItYnJvbmZtYW5zLWNsb3NpbmctcGl0Y2gtZm9yLXBhcmFtb3VudC8_dXRtX2NhbXBhaWduPVRoZ=
StCYWNrc3RvcnkrLStMRUFEUyslMjg4JTJGMjQlMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVRo=
ZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGMTklMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1=
haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2Yz=
YwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpb=
mtfaWQiOjEwMDU3NzF9/25d178f7e3b7c6e5e121b26141d96de026de62d3c5c54bab7a87165=
8a34ae024" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:b=
old" class=3D"sdf">peeks</a></u></b> at <b>Bronfman</b>=E2=80=99s Paramount
deck.<br/><i>and=E2=80=A6</i><br/><b>Dylan Byers <u><a href=3D"https://emai=
l.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV=
1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWFiY3Mtb2YtYWxtaW4vP3=
V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcdTAwM=
jZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlcdTAw=
MjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTA=
wMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2=
QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDA0OTUxfQ/79167326dcbb7deca202e7751d357dde9b=
e3e9088400db9936d2b25124d915b1" style=3D"color:rgb(212, 0, 0);text-decorati=
on:none;font-weight:bold" class=3D"sdf">offers</a></u></b> a talmudic readi=
ng of the <b>Deb OConnell</b> power play at ABC News.<br/><br/><b>WASHINGTO=
N:</b><br/><b>John Heilemann <u><a href=3D"https://email.puck.news/e/c/eyJl=
bWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmV=
mIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHJ1bXBzLXB1bmlzaGluZy1uZXctc3BsaXQtc2NyZWVuLz=
91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODglMkYyNCUyRjI0JTI5XHUwM=
DI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkYxOSUyRjI0JTI5XHUw=
MDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHU=
wMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZT=
NkMzAxZDQ4ZDI4IiwibGlua19pZCI6OTk5NTU4fQ/64adda96a5f59f479069a144898d29b2e2=
90f61d1762a1673bfd80f6ed21d008" style=3D"color:rgb(212, 0, 0);text-decorati=
on:none;font-weight:bold" class=3D"sdf">examines</a></u></b> the Bidenizati=
on of <b>Donald Trump</b>, and <b><u><a href=3D"https://email.puck.news/e/c=
/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLC=
JocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWJyaWVmLXJldHVybi1vZi1vYmFtYWxvdC8_d=
XRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4JTJGMjQlMkYyNCUyOVx1MDAy=
NnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGMTklMkYyNCUyOVx1MDA=
yNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MD=
AyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZ=
DMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDQ1NzZ9/b3fe1940cdc23f930f646dd7b129428c1c7=
91181b65d178e7c229b35acbeb3a1" style=3D"color:rgb(212, 0, 0);text-decoratio=
n:none;font-weight:bold" class=3D"sdf">chronicles</a></u></b> the return of
Obamalot.<br/><i>and=E2=80=A6</i><br/><b>Tara Palmeri <u><a href=3D"https:/=
/email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF=
9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdHJ1bXBzLXBlcnNvbmFsL=
WVudm95LW1vdmVzLWludG8tbWFyLWEtbGFnby8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3Rvcnkr=
LStMRUFEUyslMjg4JTJGMjQlMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3Rvcnk=
rLStMRUFEUyslMjg3JTJGMTklMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXH=
UwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZ=
DQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDYx=
NDd9/d1de363cb8202667048f182a63e4d75b8e32db74c45426b7920503bb2bcf21ec" styl=
e=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=3D"s=
df">reports on</a></u></b> the <b>Lewandowski </b>shakeup in Mar-a-Lago.<br=
/><i>meanwhile=E2=80=A6</i><br/><b>Peter Hamby <u><a href=3D"https://email.=
puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1M=
jJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvc3dlZXQtaG9tZS1jaGljYWdvLz91=
dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODglMkYyNCUyRjI0JTI5XHUwMDI=
2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkYxOSUyRjI0JTI5XHUwMD=
I2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwM=
DI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNk=
MzAxZDQ4ZDI4IiwibGlua19pZCI6MTAwMDY4MH0/11dd91cb1972d05c41b70d95749fe158050=
17f8c2e8890a768cba94c21f183ea" style=3D"color:rgb(212, 0, 0);text-decoratio=
n:none;font-weight:bold" class=3D"sdf">gathers all the dish</a></u></b> fro=
m Chicago and <b>Julia Ioffe <u><a href=3D"https://email.puck.news/e/c/eyJl=
bWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmV=
mIjoiaHR0cHM6Ly9wdWNrLm5ld3MvY2FzdGluZy1rYW1hbGEtaGFycmlzLWZhbnRhc3ktY2FiaW=
5ldC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4JTJGMjQlMkYyNCUyO=
Vx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGMTklMkYyNCUy=
OVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5=
pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDM2NTZ9/7bf2106ec97cb9ceea48d35d1fdc=
0950a13f759864ebdc8c397ae8e346599065" style=3D"color:rgb(212, 0, 0);text-de=
coration:none;font-weight:bold" class=3D"sdf">previews</a></u></b> which Bi=
den aides would
stick around for a <b>Harris </b>administration.<br/><br/><b>PODCASTS:</b><=
br/>Heilemann gathers the D.N.C. tea with the Center for American Progress=
=E2=80=99s <b>Patrick Gaspard </b>and Politico=E2=80=99s <b>Jonathan Martin=
</b> on <b><u><i><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImR=
nVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly=
9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3N3ZWV0LWhvbWUtY2hpY2Fnby1wdC0yLWthbWFsY=
S1pbi1jb21tYW5kLz91dG1fY2FtcGFpZ249VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODglMkYy=
NCUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlbnQ9VGhlK0JhY2tzdG9yeSstK0xFQURTKyUyODclMkY=
xOSUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPW=
N1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hb=
CI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua19pZCI6MTAwNjY1Nn0/d40609772281405f=
6597d736c36fcf13312ae1d934a8bdb16e54b341a0a4b407" style=3D"color:rgb(212, 0=
, 0);text-decoration:none;font-weight:bold" class=3D"sdf">Impolitic</a></i>=
</u></b>.<br/><i>and=E2=80=A6</i><br/>Matt and CNBC=E2=80=99s <b>Alex Sherm=
an </b>contemplate the cable-pocalypse on <b><u><i><a href=3D"https://email=
=2Epuck.news/e/c/eyJlbWFpbF9pZCI6ImRnVD=
J4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1=
MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2EtbmV=
3LXNldGJhY2staW4taG9sbHl3b29kcy1jYWJsZS1jcmlzaXMvP3V0bV9jYW1wYWlnbj1UaGUrQm=
Fja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQ=
mFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWls=
X2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDY=
xNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2=
lkIjoxMDAyMzM2fQ/0f26f3ed872ef27391d9d530c139715ceb00c47c680cf9d1d10ebcc7f3=
0fe606" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold=
" class=3D"sdf">The
Town</a></i></u></b>.<br/><i>and=E2=80=A6</i><br/>Tara and <b>Chuck Todd </=
b>measure the Kamalamentum on <b><u><i><a href=3D"https://email.puck.news/e=
/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0i=
LCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2NodWNrLXRvZGQtb24=
tYmlsbC1jbGludG9ucy1yZXZpdmFsLXRvdXItYW5kLWthbWFsYXMtYWNoaWxsZXMtaGVlbC8_dX=
RtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4JTJGMjQlMkYyNCUyOVx1MDAyN=
nV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGMTklMkYyNCUyOVx1MDAy=
NnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5pb1x1MDA=
yNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MDYxNWUzZD=
MwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDUyOTh9/c85583b936f07d52e8489d2876758532968d=
e0bdef821cbb7c327a35a07350ab" style=3D"color:rgb(212, 0, 0);text-decoration=
:none;font-weight:bold" class=3D"sdf">Somebody=E2=80=99s Gotta Win</a></i><=
/u></b>.<br/><i>and=E2=80=A6</i><br/>Lauren fact-checks <i>Emily in Paris <=
/i>with Kate Young on <i><u><b><a href=3D"https://email.puck.news/e/c/eyJlb=
WFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVm=
IjoiaHR0cHM6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL2VtaWx5LWluLXBhcmlzLWZhY3Q=
tY2hlY2tzLXRheWxvci1zd2lmdC1mYW50YXNpZXMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3=
J5Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b=
3J5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlv=
blx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDM=
wMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMD=
AyMzM1fQ/659afbf57dac245105b33162f061e706ebde711e5a81712d41d99f231c20e719" =
style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bold" class=
=3D"sdf">Fashion People</a></b></u></i>.<br/><i>and=E2=80=A6</i><br/>Peter =
and Ourand discuss Zaz=E2=80=99s Venu
options on <u><i><b><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6=
ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM=
6Ly9wdWNrLm5ld3MvcG9kY2FzdF9lcGlzb2RlL3RoZS1uZmxzLW5ldy1tb25leW1lbi12ZW51cy=
1sZWdhbC1ibG9ja2FkZS8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4J=
TJGMjQlMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3=
JTJGMTklMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJ=
jZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZX=
JuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDM2NjB9/c9b6e0a8d2c1=
d06b3ad542a7574c2021028022698224a98ab01dca5a14bea956" style=3D"color:rgb(21=
2, 0, 0);text-decoration:none;font-weight:bold" class=3D"sdf">The Powers Th=
at Be</a></b></i></u>.<br/><br/><i>As a reminder, you can update your profi=
le at any time to get more stories like these directly in your inbox. <u><b=
><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTkt=
OT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvbm=
V3c2xldHRlcnMvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRjI0J=
TJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjE5=
JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3V=
zdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIj=
oiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxNTZ9/acfeacf76db1061668cac32d=
1dfe0e40610b477b2b738cd99d5a6cf256695120" style=3D"color:rgb(212, 0, 0);tex=
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=20
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<td><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6=
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<td align=3D"center" style=3D"font-size:20px; line-height:34px=
; border-top:0px solid #d40000; padding: 24px 0;"><b>Family Business</b></t=
d>
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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;">Early Monday mornin=
g, shortly before I was about to load the Radio Flyer to take the kids to t=
he beach, <b>Rachel Strugatz </b>dropped a note into Puck=E2=80=99s now-fam=
ous Slack channel that I instantaneously knew was going to change the cours=
e of the day, and maybe even the complexion of the week.<br/><br/>Rachel, o=
f course, is the most connected and acerbic reporter at work today focused =
on the six-hundred-ish billion-dollar beauty industry=E2=80=94from the publ=
icly traded behemoths, like L=E2=80=99Or=C3=A9al, to the new era of influen=
cer-led insurgents, like <b>Selena Gomez</b>=E2=80=99s Rare Beauty. And jus=
t like Hollywood or the media or Washington, the beauty industry offers its=
own veritable cinematic universe that=E2=80=99s filled with strivers and i=
ncumbents, hucksters and hegemons. It=E2=80=99s exactly the sort of ecosyst=
em that we love to unfurl here at Puck. <br/><br/>I=E2=80=99ve
also always found it both fascinating and perplexing, and maybe even a litt=
le familiar. As loyal readers know well, I started my career at the beginni=
ng of the end of the magazine era=E2=80=94back in a time and place called M=
idtown in the early aughts. In those days, we were convinced that the cultu=
ral product we churned out every month was immune to changing tastes and te=
chnologies, and we were superbly confident that consumers valued our work m=
ore than the sort of garbage accumulating on nascent social media platforms=
=2E Alas, in many ways, the humbling=
that the industry endured=E2=80=94reverb=
erations that have since defined my career=E2=80=94presaged similar disloca=
tions across the economy: the music business, the television industry, and =
yes, even the beauty trade. These days, the legacy cosmetics giants are als=
o watching their moats evaporate in real time as they race to keep up with =
the whims of younger generations: both what they want to consume and their =
point of purchase. Few entities
embody this generational transition more than Est=C3=A9e Lauder Companies, =
the family-controlled dynasty that helped forge the industry as we know it,=
and has endured its own very public humbling in recent times as the stock =
has fallen 75 percent in the last three years.<br/><br/>On Monday, Rachel r=
eported that Lauder=E2=80=99s C.E.O. <b>Fabrizio Freda </b>was announcing h=
is retirement ahead of the company=E2=80=99s earnings call=E2=80=94a sure s=
ign that the family and the board wanted to communicate to the markets that=
they were focused on a turnaround. Of course, this followed the recent dep=
arture of the company=E2=80=99s well-regarded C.F.O. <b>Tracey Travis</b>, =
who sits on the board of both Accenture and Meta. There was more: Rachel su=
ggested that other executives would be departing, too. <br/><br/>Freda isn=
=E2=80=99t going anywhere immediately. He=E2=80=99ll stay on until next Jun=
e, the end of the 2025 fiscal year. Naturally, however, the news has set th=
is cinematic universe ablaze. Will the Lauders elevate
one of their own, chief data officer <b>Jane Lauder</b>, into the perch? Am=
id a season of uncharacteristically high succession intrigue=E2=80=94at LVM=
H, JPMorgan Chase, Disney, and even the White House=E2=80=94the sitch at EL=
C may yet be the most compelling. I behoove you to turn your attention to R=
achel=E2=80=99s fabulously good piece, <b><i><u><a href=3D"https://email.pu=
ck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJ=
VTGFKdz0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3MvdGhlLWVzdGVlLWxhdWRlci1leG9kdX=
MvP3V0bV9jYW1wYWlnbj1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4OCUyRjI0JTJGMjQlMjlcd=
TAwMjZ1dG1fY29udGVudD1UaGUrQmFja3N0b3J5Ky0rTEVBRFMrJTI4NyUyRjE5JTJGMjQlMjlc=
dTAwMjZ1dG1fbWVkaXVtPWVtYWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9=
cdTAwMjZ1dG1fdGVybT1mNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MT=
VlM2QzMDFkNDhkMjgiLCJsaW5rX2lkIjoxMDA0MjUzfQ/b69a8dc5f119e6bca6924ec03b19e9=
5a3ba152b111fd408f3ae17292742e3aeb" style=3D"color:rgb(212, 0, 0);text-deco=
ration:none;font-weight:bold" class=3D"sdf">The Est=C3=A9e Exodus</a></u></=
i></b>, to fully comprehend the familial, political, and economic dynamics.=
<br/><br/>But if you only have time for one late summer weekend read, I=E2=
=80=99d turn your attention to <i>another</i> double-barreled piece regardi=
ng another sort of succession. Right after Rachel filed her story on Freda,=
my partner <b>John Ourand </b>emailed me a copy of <b>Edgar Bronfman Jr.</=
b>=E2=80=99s pitch deck to investors to acquire Paramount
Global from <i>another </i>scion, <b>Shari Redstone</b>. <br/><br/>Yes, yes=
, I know that the sprawling, certifiably endless Paramount auction has been=
an infatuation here at Puck=E2=80=94some bankers have joked, half seriousl=
y, that we should collect a deal fee on the transaction from all our perspi=
cacious reporting=E2=80=94but now John has unveiled the latest twist. Bronf=
man=E2=80=99s pitch deck not only crystallizes his strategy for the company=
, but also the management team he=E2=80=99d deploy into Times Square to fix=
the business. <i><u><b><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9p=
ZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhsT0ZRaF9QNVV1MjJVTGFKdz0iLCJocmVmIjoiaHR=
0cHM6Ly9wdWNrLm5ld3MvZWRnYXItYnJvbmZtYW5zLWNsb3NpbmctcGl0Y2gtZm9yLXBhcmFtb3=
VudC8_dXRtX2NhbXBhaWduPVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg4JTJGMjQlMkYyNCUyO=
Vx1MDAyNnV0bV9jb250ZW50PVRoZStCYWNrc3RvcnkrLStMRUFEUyslMjg3JTJGMTklMkYyNCUy=
OVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdXJjZT1jdXN0b21lci5=
pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50ZXJuYWwiOiJmNmM2MD=
YxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjEwMDU3NzF9/25d178f7e3b7c6e5e121b26141d9=
6de026de62d3c5c54bab7a871658a34ae024" style=3D"color:rgb(212, 0, 0);text-de=
coration:none;font-weight:bold" class=3D"sdf">Bronfman=E2=80=99s Closing Pi=
tch</a></b></u></i> eloquently builds on the previous reportage from <b>Mat=
t Belloni</b> and <b>Bill Cohan </b>and yet crystallizes it in a new light.=
After all, this is one of the
great sagas of our time, and precisely what you should expect from Puck.<br=
/><br/>Have a great weekend,<br/>Jon<br/></td>
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sentation" width=3D"100%">
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<td align=3D"center" style=3D"padding-bottom: 20px;"><a href=3D"h=
ttps://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdSaEhs=
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