Kering Musical Chairs, The Netflix Moat, Politico’s Greasy Pole

Happy Friday and welcome back to The Daily Courant, your afternoon roundup of Puck’s best new reporting.

Today, we lead with Matt Belloni’s urgent dispatch from the frontlines of Hollywood’s historic dual strike: the shifting incentives for studios and guilds, Netflix’s powerful trump card, and the invasion of would-be mediators.

Then, below the fold: Lauren Sherman reads between the lines of the head-spinning C-suite shifts atop Gucci. Tina Nguyen takes a close look at DeSantis’s provincial campaign management theory. Lauren offers a postmortem of Marcus Wainwright’s tenure at Rag & Bone. And on The Powers That Be, Dylan Byers joins Peter Hamby to discuss John Harris’s return to the top of the greasy pole at Politico, before the duo turn to the new leadership regimes at CNN and The Washington Post.

MATTHEW BELLONI

With Netflix pulling away in streaming and L.A.’s mayor poised to jump into the fray, the incentives for the studios and talent guilds to make a deal become even more complicated.

LAUREN SHERMAN

A C.E.O. switcheroo at Gucci, coupled with Maureen Chiquet’s new Kering board seat, has everyone in Paris reading the succession tea leaves.

TINA NGUYEN

Amid the recent reckoning over expenses and cutbacks, some close to DeSantis wonder if he and Casey can get past their paranoia and let the political pros do their jobs—so that the candidate can do his.

LAUREN SHERMAN

Marcus Wainwright’s departure from day-to-day activities at Rag & Bone is the end of an era—and it’s an era that ended a long time ago.