Air Mail, a Digital Weekly, Is Expected to Be Acquired by Puck
Two young newsletter companies formed around a similar voice — the all-knowing insider, flush with juicy tips — are becoming one.
Puck has entered into an exclusive agreement to acquire Air Mail, a Puck spokeswoman confirmed Thursday, although the deal may take months to complete.
The financial terms were not disclosed, but two people briefed on the acquisition said Puck was largely paying Air Mail with its own stock.
Air Mail was founded as a weekly newsletter in 2019 by Graydon Carter, the famed bushy-haired former editor of Vanity Fair, and Alessandra Stanley, a former reporter and critic at The New York Times. The publication is largely focused on the finer corners of culture and lifestyle in the United States and Europe, with political features that skew anti-Trump. (A recent fashion article advised traveling readers on how to pack “like a divorcée.”)
Related Knowledge Center: State of the business model
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