News Summary

• Air Mail will now be overseen by Puck’s co-founder Jon Kelly, a former editor at Vanity Fair.
• Air Mail once aspired to be purchased by deeper-pocketed buyers with a payday.
• Puck is less a luxury product than gossipy catnip for insiders in various industries in Los Angeles, Washington, and New York.
• The merger has exposed bad blood between the two camps, as well as the gap between Air Mail's ambitions and the reality of its struggling finances.