i will cover spinco. there's a good chance that spinco could end up going to private equity.upposed to be structure roberts family has the voting control, et cetera. but i think a spinco little like you look at directv. >> totally. >> perfect asset for private equity. a low-growth or declining business that throws off a ton of free cash flow. >> how dare you. no. i take your point. i don't know if we're cheering for that or not. allen, thanks. i look forward to that initiation. a fun one to read later on. allen gold from loop. >>> a quick news alert from meta. what's happening? >> some shakeup here at the top ranks mark zuckerberg's leadership team. nick cleg is stepping down as president of the global afairs. the former uk deputy prime minister joined facebook/mets ta a couple years being replaced by joel kaplan known as a prominent conservative voice within the organization. he served as deputy chief of staff for former president george w. bush several years ago. and has been working at facebook and meta for some time now. he's going to be taking over this new role as presi