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Madison and Wall

Insights About the Business of Advertising, Ad-Supported Media and Related Technologies

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Substack
PricingOnly free issuesPublishesTwice weekly
Issues321Founded3 years agoLast Issue7 days ago
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Latest Issues

Chocolate Industry 2026 Update

Our primary focus at Madison & Wall relates to all things advertising, and we love studying individual marketer categories, especially when those industries are significant advertising segments which produce delicious products.

The chocol...

7 days ago
30

M&W SATURDAY SUMMARY: TTD, Pinterest, Disney, Paramount, WBD, BCE, S4 And Many Others’ 1Q26 Ad Results Analyzed

Save the Date! This Year’s Chocolate Marathon will take place in Paris on Sunday June 28 starting at 10:00am. For more information about what, exactly, a chocolate marathon is (there is no running, but lots of chocolate), go to

https://ch...

10 days ago
25

Ad Tech Getting Simpler + Cheaper, 1Q26 Ad Trends, Agency Results, Audio’s Challenges Won’t Be Solved By Consolidation, Marketer CEO/CFO Commentary and More

Save the Date! This Year’s Chocolate Marathon will take place in Paris on Sunday June 28 starting at 10:00am. For more information about what, exactly, a chocolate marathon is (there is no running, but lots of chocolate), go to https://choc...

17 days ago
15

Agency Industry Forecast and Overview, Why Ad Revenue Is Growing So Fast, New Apple CEO and More

On this week’s M&W Podcast we review our work of the week.


Weekly Work:

Apple’s Leadership Change Has Limited Implications for Advertising (For Now)

Ad Revenue Growth Remains Strong; Creative Destruction is Still a Key Driver

Age...

24 days ago
27

Netflix, Publicis, Havas, MediaforEurope Earnings + Snap Cost Cuts, IMF Read-Through On Advertising, Large Marketer Commentary and More

On this week’s M&W Podcast we review our work of the week. Separately, on Agency Business from Madison & Wall and Fusion Front Media, Brian and Olivia interview Pinnacle Advertising’s Michael Magnusson.


Weekly Work:

New IMF Forecas...

a month ago
27

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  • Madison and Wall

    Strategic financial analyst of global advertising, technology and marketing services businesses, informed by relationships with investors as well as media company, marketing, agency and ad tech practitioners.

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