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Thanks for reading The Backstory, our weekly digest of the best new work at Puck. It was another fantastic week: Matt Belloni wrote the definitive exposé on the backstage drama plaguing Yellowstone; Julia Ioffe swapped state secrets with the global security elite in Munich; Teddy Schleifer dug into S.B.F.’s latest legal headache; Dylan Byers uncovered the backstory of the Don Lemon saga; Tara Palmeri reported on Chuck Schumer’s mounting ’24 headache; and Julia Alexander hypothesized about some streaming M&A.
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The Backstory
The Backstory

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Good morning,

Thanks for reading The Backstory, our weekly digest of the best new work at Puck.

It was another fantastic week: Matt Belloni wrote the definitive exposé on the backstage drama plaguing Yellowstone; Julia Ioffe swapped state secrets with the global security elite in Munich; Teddy Schleifer dug into S.B.F.’s latest legal headache; Dylan Byers uncovered the backstory of the Don Lemon saga; Tara Palmeri reported on Chuck Schumer’s mounting ’24 headache; and Julia Alexander hypothesized about some streaming M&A.

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

Lastly, if you haven’t yet taken our reader survey, I implore you to fill it out here. It’ll only take a moment. Your feedback will help us immeasurably. Thanks.

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From Amblin Entertainment and Universal Pictures, Steven Spielberg’s The Fabelmans is a deeply personal coming-of-age story about a young man’s discovery of a shattering family secret and an exploration of the power of movies to help us see the truth about each other and ourselves. Winner of two Golden Globe Awards including Best Picture (Drama) and Best Director, The Fabelmans is now nominated for 7 Academy Awards including Best Picture, Best Director (Steven Spielberg), Best Original Screenplay (Steven Spielberg & Tony Kushner), Best Actress (Michelle Williams), Best Supporting Actor (Judd Hirsch), Best Production Design (Rick Carter & Karen O’Hara) and Best Original Score (John Williams). Now playing in theaters and available on Blu-ray and On Demand.
WALL STREET:
Bill Cohan reports on Shari Redstone’s Paramount dealmaking options.
and…
Eriq Gardner digs into Elon Musk’s next big case.

SILICON VALLEY:
Teddy Schleifer scoops a new legal quagmire for S.B.F.
and…
Baratunde Thurston elegantly essays on The Black Liberation Paradox.

MEDIA:
Dylan Byers gets to the bottom of the Don Lemon fiasco.
And…
Eriq explains whether Rupert Murdoch can outrun his legal mess.

HOLLYWOOD:
Matt Belloni breaks down the Sheridan-Costner-Bakish contretemps on Yellowstone.
and…
Julia Alexander envisions AMC’s streaming future.

WASHINGTON:
Julia Ioffe finds out what the House Republicans truly think about Ukraine.
and…
Tara Palmeri envisions Joe Manchin’s next steps.
and…
Tina Nguyen deciphers the MAGA fundraising game.

PODCASTS:
Matt and Lightshed’s Brandon Ross discuss the future of RSNs on The Town.
and…
Peter and Dylan go deep on Lemon-gate on The Powers That Be.

Meanwhile, I also encourage you to take advantage of our article gifting feature. You can share our work with your colleagues, friends, and family. Subscribers are entitled to 5 article gifts per month.

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When Life Gives You Lemon…
It has been, in many ways, a monumental week or so in our culture: Zelensky vowed victory as Russia’s war in Ukraine passed its first anniversary; Alex Murdaugh took the stand; a rare ice storm in Southern California again brought into focus the creeping tragedy of climate change; there was the shocking derailment in Ohio and the bizarre death of financier Thomas Lee. Nikki Haley’s entrance into the ’24 presidential race commenced what is poised to be one of the more surreal and enchanting two years of our lives. And yet, on CNN at least, so much of it was overshadowed by the vexing and protracted scandal surrounding anchor Don Lemon.

Late last week, of course, Lemon self-immolated on the set of CNN This Morning, his dawn-side show, in spectacular fashion. In response to Haley’s veiled dig at the advanced age of Donal Trump, her former boss and current combatant, Lemon suggested that she was a hypocrite. What’s more, he extemporized that Haley was past her prime. Women, he continued cringingly, entered their primes in their 20s, 30s, and 40s. (Haley is 51.) When his appalled co-host Poppy Harlow pushed back, Lemon countered that she “Google it.” He made matters worse by offering a perfunctory apology at a staff meeting and jetting off to Miami for a previously scheduled vacation.

The Lemon saga endured for various reasons. Ever since its Zucker heyday, CNN has become a piñata for various high-twitch media factions: Fox News haters, tabloid rubberneckers, and liberals who were put off by the network’s bouts of self-righteousness during the Trump administration. Lemon, in many ways, is an avatar of these strong emotions. His former nightly broadcast could veer toward sanctimony, and his hand-offs with Chris Cuomo could get lugubrious. But that’s the price of doing business in cable news, that ersatz blend of show business and journalism, broadcast live to hundreds of thousands of viewers. It’s hardly a surprise that a photographer for the Murdoch-owned New York Post tracked Lemon down to South Beach after the scandal erupted.

And yet the real reason that his moronic on-air comments turned into a multi-day media cycle, I’d surmise, went far beyond Lemon, himself. CNN, after all, has been entrenched in a nearly year-long scandal—one that includes the Cuomo affair, the Zucker defenestration, the spin-off from Warner media into Warner Bros. Discovery, the arrival of new C.E.O. Chris Licht, the ouster of Brian Stelter, and various programming switcheroos that haven’t quite taken. It’s been a long year. CNN This Morning is an underperforming show on a network that is experiencing decreases in revenue and viewership, all while industrial business models change and consumption patterns adapt. Lemon is savvy and veteran enough to have enjoyed the good old days and similarly recognize that the future looks very different. Was he contemplating Haley’s prime or his own?

At Puck, we’ve been intently focused on CNN’s transformation. My partner Dylan Byers, in particular, has led the coverage on the topic, reporting brilliantly and fearlessly on the internal rumblings and macroeconomic shifts. My own interest in the topic comes, I’ll readily admit, from the fact that CNN—one of the most important brands and businesses in media—is now living proof that even the most hegemonic entities are not immune from secular forces. Lemon’s controversy isn’t merely the latest in a litany of scandals, it’s a microcosm of the network’s larger challenges. And all of us in the industry, even at 18-month-old start-ups, are keenly watching to see how they navigate the challenges. We’ll all learn from their operating plan.

I highly suggest carving out time this weekend to read Dylan’s excellent story, Licht’s Lemonade. Not only is it a probing report into the story behind the scandal, but it’s also an empathetic exposé of the key players at CNN who are trying to make sense of their brave new world. It’s the story of our time, and precisely the sort of tale you can only find at Puck.

Have a great weekend,
Jon

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Thanks for reading The Backstory, our weekly digest of the best new work at Puck. It was another fantastic week: Matt Belloni wrote the definitive exposé on the backstage drama plaguing Yellowstone; Julia Ioffe swapped state secrets with the global security elite in Munich; Teddy Schleifer dug into S.B.F.’s latest legal headache; Dylan Byers uncovered […]
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