Revenue grew 19% year-over-year excluding political spend, though absolute growth was 14% due to the irregular nature of election cycles. Significant weakness in the CPG and automotive sectors, representing over 1/4 of the business, acted as a 5% drag on the overall growth rate. Management attributes CPG and auto softness to macro pressures including tariff uncertainty, inflationary costs, and a shift from branding to cost-cutting. A global supply-demand imbalance has created a 'buyer's market,' inc ...