Be sure to check out Terence Kawaja's latest piece on the state of Ad agency hold co's. Great analysis on the steps Publicis has taken to win share and more than double it's market cap over the last five of years.

The announced merger of Hulu + Live TV and Fubo with Disney as majority owner of the NewCo is a bit more complex than it appears at face value. I've dug into the details and attempted to provide a bit more clarity as to the What, How, and Why of this deal. (1 / 6) $FUBO $DIS

After a wild first two days of trading (+2200%), Newsmax ($NMAX) now has a market cap greater than both WBD and Paramount! This is for a business with revenues of <1% and 2% of WBD & PARA, respectively

Great to be back on with Jamesborow and Daniel Druger for their new podcast ADSN. They gave me the simple task of discussing how tariffs could impact M&A in the ad tech and MarTech ecosystems.