• Washington
  • Wall Street
  • A.I.
  • Hollywood
  • Media
  • Fashion
  • Sports
  • Art
  • Join Puck Newsletters What is puck? Authors Podcasts Gift Puck Careers Events
  • Join Puck

    Directly Supporting Authors

    A new economic model in which writers are also partners in the business.

    Personalized Subscriptions

    Customize your settings to receive the newsletters you want from the authors you follow.

    Stay in the Know

    Connect directly with Puck talent through email and exclusive events.

  • What is puck? Newsletters Authors Podcasts Events Gift Puck Careers

June 6, 2026

The Backstory
Montblanc
Jon Kelly Jon Kelly

Good morning,

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

It was another remarkable week: Matt Belloni traced the unlikely provenance of Backrooms and tried to guess David Ellison’s breaking point at CBS News; Eriq Gardner cross-examined Jeffrey Kessler over the Paramount–WBD deal; Scott Mendelson tempered Hollywood’s YouTube gold rush fantasies; Dylan Byers reconstructed the four-hour deliberation that ended Scott Pelley’s 60 Minutes run; Julia Alexander unearthed Elon’s media master plan in the SpaceX prospectus; John Ourand diagnosed the UFC’s star-power problem ahead of its White House fight night; Ian Krietzberg monitored the A.I. lobby’s strategic retreat; Bill Cohan consulted Wall Street’s A.I. bears; Lauren Sherman weighed the cost of Pharrell Williams’s side hustles; Rachel Strugatz sifted through the ashes of an Estée Lauder fire sale; Malique Morris studied the secrets of Quince’s unsentimental rise; and Marion Maneker broke down the May auctions’ $2.5 billion haul, while George Nelson spotlighted Sotheby’s prospecting for cycle bro V.I.P.s.

Down in D.C., Julia Ioffe revealed Foggy Bottom’s revolt against Trump’s antifa crusade; Leigh Ann Caldwell captured the Senate G.O.P.’s simmering mutiny; Peter Hamby called the California primaries for the normie libs; and John Heilemann heard Sen. Chris Murphy’s case against the Iran war.

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

A MESSAGE FROM OUR SPONSOR

Montblanc
Montblanc

Writing essentials for the journeys ahead. Explore the new Montblanc collection.

FASHION FASHION

Lauren Sherman appraises the sprawling portfolio of Pharrell Williams Inc.
and…
Rachel Strugatz rummages through Estée Lauder’s brand clearance rack.
meanwhile…
Malique Morris deconstructs Quince’s unsentimental ascent.

 
ART MARKET ART MARKET

Marion Maneker makes sense of the art market’s $2.5 billion comeback and puzzles over Pace’s surprising spring mix.
and…
George Nelson rides along with Sotheby’s bet that cycling is the new golf.

 
HOLLYWOOD HOLLYWOOD

Matt Belloni surfaces the talent crisis threatening Bari Weiss’s CBS News and tracks down the 27-year-old assistant who discovered Backrooms.
and…
Eriq Gardner grills Jeffrey Kessler about the Paramount–WBD wars.

 
A.I. A.I.

Ian Krietzberg maps the A.I. lobby’s Illinois retreat and quizzes HBS’s Marc Zao-Sanders about how people actually use the technology.

 
AIR MAIL AIR MAIL

Elena Clavarino chronicles the rise and tragic fall of “Jerry Gogosian.”
and…
Andrew Zucker reports from the Hamptons on the second-homes-of-second-homes epidemic.

 
MEDIA MEDIA

Dylan Byers replays the four-hour deliberation that sealed Scott Pelley’s fate and explains why Lesley Stahl stayed put at 60 Minutes.
and…
Julia Alexander decodes the Musk media empire lurking in the SpaceX S-1.

 
SPORTS SPORTS

John Ourand probes the UFC’s superstar soft patch.
and…
Eriq Gardner peruses a congressional plan to pry marquee games out from behind the paywall.

 
WALL STREET WALL STREET

Bill Cohan consults Wall Street’s A.I. bears and fact-checks Jeff Immelt’s Substack legacy-rehab campaign.

 
WASHINGTON WASHINGTON

Leigh Ann Caldwell sits down for a conversation with Rep. French Hill for our latest Puck Power Breakfast, presented by Solana Policy Institute.
and…
Julia Ioffe gathers reactions to the State Department’s antifa-as-Al Qaeda sales pitch.
and…
Peter Hamby ponders why California’s normie libs ran the table in the primaries.
and…
John Heilemann presses Sen. Chris Murphy on Trump’s parade of terrible Iran options.

 
PODCASTS PODCASTS

Dylan and Julia demystify the A.I. wearables boom with veteran tech reporter Joanna Stern on The Grill Room.
and…
Ourand and U.S. Soccer C.O.O. Dan Helfrich size up the Americans’ World Cup readiness on The Varsity.
and…
Lauren and handbag apologist Becky Malinsky litigate the fine line between a dupe and a knockoff on Fashion People.
and…
John and Politico’s Jonathan Martin handicap the Ken Paxton–James Talarico Texas showdown on Impolitic.
and…
Matt and Kane Parsons, the 20-year-old wunderkind behind Backrooms, discuss his leap from YouTube to the top of the box office on The Town.
and…
Peter and Abby Livingston mull Graham Platner’s mounting baggage—and the Democrats’ Maine math—on The Powers That Be.

 

Kessler is More

On Wednesday afternoon, I was cutting through traffic en route to Penn Station for a quickie jaunt down to Washington. My great friend Tammy Haddad, who not infrequently cameos in this email, was hosting her annual A.I. Honors Dinner, the tentpole event of her Washington A.I. Network. I was excited to kibbitz in a room with administration officials, Washington swells, senators, and political people on each side of the revolving door. No one puts together a room quite like Tammy, and this would be no different: my buddies Ambassador Geraldine Byrne Nason and Sen. Mike Rounds would be there; Sen. Mark Warner, Dr. Oz, Mr. Wonderful, and Army Secretary Dan Driscoll, too. I was excited to break bread alongside tablemates Mayor Bowser and former CFPB director Rohit Chopra.

As I was stepping out of my Uber, however, I saw a message from my partner Eriq Garder, who reported that he’d just landed an interview with superlawyer Jeffrey Kessler, the co-chairman of Winston Taylor. Kessler has had one of the more exalted careers in the history of the modern bar. As a young attorney at Weil Gotshal & Manges, he successfully defended the Japanese conglomerate Matsushita before the Supreme Court. Years later, he effectively created the modern free agency system in the NFL while defending Freeman McNeil against the Shield.

A MESSAGE FROM OUR SPONSOR

Montblanc
Montblanc

Writing essentials for the journeys ahead. Explore the new Montblanc collection.

From there, he built lasting relationships with players’ associations across various leagues and became one of the most important figures in the last quarter century of sports that you’ve probably never heard of—and eventually, one of the biggest players in media whose name you might not recognize at first blush. As Eriq has fastidiously chronicled, Kessler recently became the legal hero of the Live Nation monopolization trial; now, he was representing Paramount–WBD in a case against many of the state A.G.s that had been his clients. Eriq was excited to ask him why he had gone from the plaintiff side of antitrust to defending a megamerger that he might once have fought. This update prompted me to break out in an ear-to-ear smile.

I know firsthand how persuasively Kessler can argue his point. More than 25 years ago, I got to know Jeff when I was an undersized and not particularly fast linebacker and running back on a ~.500 Fieldston football team helmed by a dynamic quarterback named Andrew Kessler. This was a decade after the McNeil case, and we all vaguely knew that Kess’s father was involved in pro sports in a legally adjacent capacity, but we were too young and naive to fully grasp the sort of influence he was establishing. Instead, he was familiar to us as the dad who attended unbearably hot preseason practices and brought the sandwiches that we’d eat in the locker room after the games. After long road trips to schools in Connecticut or out on Long Island, we’d see him already set up in the parking lot, often reading the Times sports section hours before kickoff.

All I really knew about Jeff was that he’d gone to Columbia, a school I had fancied for myself even though my grades weren’t quite there, and I was sure that they rejected kids who’d scored 1600 on their boards. But I was a hustler, even as a teenager, and so I asked Kess one night if his dad might write me a letter of recommendation. Shortly afterward, he gave me the green light to reach out and make the ask myself.

I remember picking up the landline at our apartment and dialing their home number. Regina, his wife and one of those great moms who always seemed to have a stuffed pantry when we’d swing by their house after practice, picked up the phone and detected the anxiety in my voice. She then passed me along with a tone of reassurance.

In a brief conversation, Jeff asked me about my grades and SAT scores, extracurriculars outside of sports, etcetera. I suggested that my grades were good, outside of a rogue C- in a math class that had proved over my head—but, yes, I might need a little help selling my candidacy to a bare-knuckled admissions committee. He got it, promised nothing, and made a quick, polite joke about how it was the least he could do for someone who had blocked for his son. (I was a terrible blocking back… Kess got sacked aplenty in those years. He knew this as well as I did, but I appreciated the gesture.) Anyway, I was grateful for his time, but I also worried that I’d enlisted a busy person on a fool’s errand. It was only months later, when my father presented me with a girthy white envelope that enclosed my acceptance letter, that I realized the truth: no one, not even Columbia, could argue with Jeffrey Kessler.

If you have a moment this weekend, I encourage you to sit down and read Eriq’s brilliant piece, Ellison’s Legal Gladiator Is Ready For War. Indeed, Kessler articulates in surgical detail how the combination of Warners and Paramount is a necessity for the future of the entertainment and streaming landscape, not a detriment. The conversation diverges into a number of fascinating and newsy areas, including many that are all the rage nowadays at Puck—particularly the CBS News and CNN of it all. (And, by the way, if this is your current obsession, allow me to also turn your attention to Dylan Byers’s latest heartstopper, Lesley Stahl & The ‘60 Minutes’ Guys are Staying. Also, stay tuned for our partner Bill Cohan’s spicy interview with Lesley tomorrow.)

In many ways, Kessler is near the nerve center of many of the great stories of our time. I expect you’ll see a lot more of him in Puck.

 

Have a great weekend,
Jon

Puck
Facebook Twitter Instagram LinkedIn

Need help? Review our FAQ page or contact us for assistance. For brand partnerships, email ads@puck.news.

You received this email because you signed up to receive emails from Puck, or as part of your Puck account associated with {{customer.email}}. To stop receiving this newsletter and/or manage all your email preferences, click here.

Puck is published by Heat Media LLC. 107 Greenwich St., New York, NY 10006

 

SEE THE ARCHIVES

SHARE
Try Puck for free

Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

Already a member? Log In


  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives

  • Exclusive bonus days of select newsletters
  • Exclusive access to Puck merch
  • Early bird access to new editorial and product features
  • Invitations to private conference calls with Puck authors

Exclusive to Inner Circle only



Latest Articles

SpaceX
William D. Cohan • June 6, 2026
It’s the Elon Economy, Stupid
George Noble, the former Fidelity wunderkind, argues that hyperscaler capex, SpaceX euphoria, and passive investing have created the most dangerous market bubble of his lifetime. The only question, he says, is what gives way first.
John Thune
Leigh Ann Caldwell & Marianna Sotomayor • June 6, 2026
Thune’s Senate Warning & The Israel Aid Divide
Fiscal hawk Ron Johnson is set to inherit Lindsey Graham's Budget Committee gavel, with the leverage to make John Thune's life harder over the SAVE America Act. Meanwhile, a House vote to block $3.3 billion in military aid to Israel is forcing a Democratic reckoning.
Rob Bonta
Eriq Gardner • June 6, 2026
WarnerMount Is Already Teasing a Supreme Court Showdown
For all the noise around California Attorney General Rob Bonta’s lawsuit to block the Paramount–Warner Bros. merger, the actual complaint is notable for what it avoids. As both sides prep for the weeks and months ahead, everyone involved is staking their bargaining positions on the consequences of a drawn-out affair.


Michael D. Ratner
John Ourand • June 6, 2026
A Fanatic’s Notes
Fanatics Fest has evolved from a collectibles convention into the closest thing sports has to Comic-Con, with enough gravitational pull to drag the ESPYs—and much of the industry—to New York this week.
Christopher Esber
Sarah Shapiro • June 6, 2026
Denim Short Selling
The latest ShopMy data shows that affiliate dollars are flowing through the vacation wardrobe—linen skirts, scarf tops, and raffia minis—wrapped around it.
Paul Klee
Marion Maneker • June 6, 2026
Paul Klee’s Angels and Demons
A brilliant survey of the artist’s work at the Jewish Museum, including drawings inspired by his Nazi harassment, makes the case for his stature among modern artists. It also makes a courageous statement about the return of authoritarianism today.


A.I. Protest
Ian Krietzberg • June 6, 2026
Will America’s Next President Run Against A.I.?
The polling says artificial intelligence isn’t a top-tier issue for voters… yet. But beneath the affordability crisis, Washington’s top political strategists are picking up early signals of an anti-tech populist revolt.


Get access to this story

Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.

Verify your email and sign in by clicking the link we just sent.

Already a member? Log In


Start 14 Day Free Trial for Unlimited Access Instead →



Latest Articles

Rob Bonta
Matthew Belloni • June 6, 2026
Why Rob Bonta Doesn’t Believe Paramount’s “30 Movies a Year”
The California attorney general, now the public face of the 12-state fight against David Ellison’s Warner Bros. Discovery acquisition, explains his rationale for filing a much-anticipated lawsuit to block the deal.
Catherine Laga'aia in Moana
Scott Mendelson • June 6, 2026
Moana’s Flop and the Slow Death of Live Action
The 2010s glut of “live-action” revamps of animated I.P. seems to have come to its final resting place after Moana’s meek box office showing. With dwindling bankable I.P. and waning fan interest, this was probably bound to happen.
Anna Paulina Luna
Marianna Sotomayor • June 6, 2026
Luna’s SAVE Standoff

House lawmakers are back in Washington and going nowhere, thanks to Rep. Anna Paulina Luna's rebellion over the SAVE America Act.


Donald Trump
Leigh Ann Caldwell • June 6, 2026
Graham’s Placeholder & Trump’s $382M Question
Gov. Henry McMaster has appointed Lindsey Graham's sister to hold his Senate seat as South Carolina braces for a crowded scramble to replace him on the ballot. Meanwhile, Republican leaders are still waiting to learn whether Trump will unlock MAGA Inc.'s $382 million war chest ahead of November.
Rob Bonta
Dylan Byers • June 6, 2026
Let CNN & CBS News Eat Their Cake
As the Paramount–Warner Bros. merger has played out alongside the Bari-fication of CBS News, there was a sense among some in the media class that regulators might make hay of the deal’s proposed combination of two of the nation’s most storied brands. Any such notion turned out to be seriously misguided.
Lindsey Graham
Peter Hamby • June 6, 2026
Lindsay Graham’s Last Waltz
The death of the senator from South Carolina closes the chapter on a vanishing breed of politician who won power through handshakes, favors, late nights, and relentless retail politics instead of viral clips and social media warfare. His successor will inherit Graham’s seat, but not the political ecosystem that made his career possible.


Sara Blakely
Lauren Sherman & Malique Morris • June 6, 2026
Blackstone Exits Spanx & Zara’s Crazy Pants
Why the private equity giant divested from the shapewear firm five years after taking a $1.2 billion stake. Plus: Can you issue a safety recall on a pair of trousers?
Get access to this story

Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.

OR

Already a Member? Sign in



Latest Articles

wrigley field chicago cubs rooftop
Eriq Gardner • June 6, 2026
The Beef in Wrigleyville
A case pitting the Chicago Cubs against the owner of the last independent rooftop view into Wrigley Field could have lasting ramifications on sports viewership in the future. The question is: Can visibility itself function as a quasi-property right?
Tadashi Yanai
Lauren Sherman • June 6, 2026
Life in the Fast Retailing Lane
Tadashi Yanai was supposed to retire years ago, but the 77-year-old head of Uniqlo is still vetoing sweaters, consulting his wife, and recruiting designers like J.W. Anderson for the $20 billion business. What he doesn’t have is a succession plan.
Lindsey Graham
Leigh Ann Caldwell & Marianna Sotomayor • June 6, 2026
Lindsey Graham Aftershocks & Trump’s Housing Bill Boycott
The sudden death of Sen. Lindsey Graham has given way to a succession scramble in South Carolina. Meanwhile, Republicans are fuming that Trump’s tantrum over their housing affordability bill may hand Democrats the majority.


Abdul El-Sayed
Leigh Ann Caldwell • June 6, 2026
Plat Earthers
After Graham Platner’s flameout in Maine, Michigan’s Abdul El-Sayed is the progressive left’s best—and last—chance to prove they can win a Senate seat in a purple state.
Rob Bonta
William D. Cohan • June 6, 2026
PSKY’s $6.7 Million-a-Day Question
As the scheduled close date of the Paramount–Warner Bros. merger nears, the question from Sacramento to London remains whether local regulators are really going to pull up a seat at the table. And if California A.G. Rob Bonta actually understands his hand.
sun valley Ivanka Trump Veronica Grazer Gayle King Wendi Murdoch
Lauren Sherman & Malique Morris • June 6, 2026
Sun Valley Fashion Superlatives & Margiela Mania
With the dust settled on the final panel, Lauren hands out her annual mogul cosplay awards. Plus, a report from the expectation-smashing Margiela auction.


resee 7.10
Malique Morris • June 6, 2026
Luca’s Tough Love & J.Crew’s Outside Influence
For all the star power of the just-concluded Couture week, the industry is finding out that fixing brands is far harder than replacing executives.


  • Terms
  • Privacy
  • Contact
  • FAQ
  • Careers
© 2026 Heat Media All rights reserved.
Create an account

Already a member? Log In

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
OR YOUR EMAIL

OR

Use Email & Password Instead

USE EMAIL & PASSWORD
Password strength:

OR

Use Another Sign-Up Method

Become a member

All of the insider knowledge from our top tier authors, in your inbox.

Create an account

Already a member? Log In

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Apple
CREATE AN ACCOUNT with Apple
OR USE EMAIL & PASSWORD
Password strength:

OR
Log In

Not a member yet? Sign up today

Log in with Google
Log in with Google
Log in with Apple
Log in with Apple
OR USE EMAIL & PASSWORD
Don't have a password or need to reset it?

OR
Verify Account

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

YOUR EMAIL

Use a different sign in option instead

Member Exclusive

Get access to this story

Create a free account to preview Puck’s full offering, including exclusive articles, private emails from authors, and more.

Already a member? Sign in

Free article unlocked!

You are logged into a free account as unknown@example.com

ENJOY 1 FREE ARTICLE EACH MONTH

Subscribe today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

START 14-DAY FREE TRIAL

  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives
  • Bookmark articles to create a Reading List
  • Quarterly calls with industry experts from the power corners we cover