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Puck to Acquire Air Mail, Merging Luxury Journalism

9/12/2025

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Story summary
  • Puck plans to acquire Air Mail, bringing together Graydon Carter and Jon Kelly.
  • The acquisition seeks to merge Air Mail's luxury journalism with Puck's subscriber model.
  • Financial details are undisclosed, but Puck is expected to use stock for payment.
  • Air Mail has 500,000 subscribers and raised $32 million; Puck has 40,000 subscribers and over $17 million raised.
  • Both companies share investors, including TPG and Standard Industries.