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    Home » Street Talk for December 3, 2021

    Street Talk for December 3, 2021

    By SHOOTWednesday, December 1, 2021Updated:Tuesday, May 14, 2024No Comments2900 Views
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    Brendan O'Neil
    --

    Experience consultancy Deloitte Digital has acquired Ad2Pro Global Creative Solutions Private Limited (“Madras Global”), a global content production agency. The acquisition bolsters Deloitte Digital’s capabilities in content production, marketing automation, extended reality and media ad production, helping to provide chief marketing officers with end-to-end content solutions that deliver personalized customer experiences and drive business impact. Terms of the deal were not disclosed. Deloitte Digital clients will be able to tap into Madras Global’s deep experience in content production to support their campaigns, websites, mobile apps, social media and brand stories. They will gain the ability to provide customers with impactful content that is rapidly produced, informed by data, optimized by channel, and delivered at scale. Clients will also have access to Madras Global’s proprietary technology platform that offers content life cycle management, measurement and optimization benefits. Together with Deloitte Digital’s previous AI acquisitions — Magnetic and Web Decisions — and its proprietary experience management platform Hux, clients will be able to engage further with their unique and diverse audiences at the right time, on the right channel and with personalized content….

    Sombra Network, the brainchild of Brendan O’Neil, founder of the NYC-based visual effects and production studio Bonfire, has been launched as a marketplace for NFT creators, buyers, collectors and sponsors. Sombra is being positioned as a gateway into creating and offering NFTs for interested brands, ad agencies, collectors, nonprofits and other entities or individuals looking to participate in the current fascination with nonfungible tokens and their application for everything from gaming to building brand loyalty to live event ticketing and beyond. The Sombra Network opens with a goal of benefiting animal welfare nonprofits and charities around the world, with the first such beneficiary, Little Wanderers NYC, already the recipient of over $25,000 in contributions driven by Sombra purchases. Sombra’s first brand work was lending an assist on a major NFT project that just launched this past week. In partnership with Ticketmaster, the National Football League approached Bonfire to create NFTs linked to specific pro football matchups. With the help of Sombra’s blockchain and NFT expertise, the Bonfire team made this dream a reality.  Bonfire’s VFX crew led the charge on the visuals and execution, while Sombra helped guide the NFT vision technically and creatively. The current Sombra Network features the work of up to 50 creators, with buyers and sellers having the option to manage transactions in a variety of cryptocurrencies, including one created exclusively for Sombra, SMBR. In addition, Sombra plans to expand to the ETH and POLYGON network over the next six months, which, O’Neil said, “will open the floodgates for new participants and help make Sombra a global player in the NFT world.” Jason Mayo, Bonfire partner and managing director, said that working in tandem, Bonfire and Sombra can help bridge gaps that exist among NFTs, crypto, advertising and traditional VFX and CG studios….

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    Category:Street Talk
    Tags:BonfireBrendan O'NeilDeloitte DigitalMadras GlobalSombra Network



    House Approves Trump’s Request To Slash Funding For PBS, NPR and Foreign Aid

    Thursday, June 12, 2025

    The House narrowly voted Thursday to cut about $9.4 billion in spending already approved by Congress as President Donald Trump's administration looks to follow through on work done by the Department of Government Efficiency when it was overseen by Elon Musk.

    The package targets foreign aid programs and the Corporation for Public Broadcasting, which provides money for National Public Radio and the Public Broadcasting Service as well as thousands of public radio and television stations around the country. The vote was 214-212.

    Republicans are characterizing the spending as wasteful and unnecessary, but Democrats say the rescissions are hurting the United States' standing in the world and will lead to needless deaths.

    "Cruelty is the point," Democratic leader Hakeem Jeffries of New York said of the proposed spending cuts.

    The Trump administration is employing a tool rarely used in recent years that allows the president to transmit a request to Congress to cancel previously appropriated funds. That triggers a 45-day clock in which the funds are frozen pending congressional action. If Congress fails to act within that period, then the spending stands.

    "This rescissions package sends $9.4 billion back to the U.S. Treasury," said Rep. Lisa McClain, House Republican Conference chair. "That's $9.4 billion of savings that taxpayers won't see wasted. It's their money."

    The benefit for the administration of a formal rescissions request is that passage requires only a simple majority in the 100-member Senate instead of the 60 votes usually required to get spending bills through that chamber. So if they stay united, Republicans will be able to pass the measure without any Democratic votes.

    Senate Majority Leader John Thune,... Read More

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