Roger Lynch

The Met Gala is a global phenomenon now in a way that it wasn't seven years ago when I joined.

It was an important, very important event that people in the US knew about and people in the fashion community around the world knew.

But by bringing the company together,

into one organization.

Now all of our brands globally promote it and promote the live stream and the content from it.

And that's really helped elevate it to become now a global cultural moment.

Yeah.

Interesting.

Well, look, the only thing I read about that is there was like $20 million going into it.

Oh, I thought it was $120.

There's a valuation of that, but there's a lot of stage.

You guys may have read about that.

Okay, yeah, yeah.

But look, I can't speak specifics of that business.

That was a business that did very well.

They were very innovative around a different era of the Internet when you could take –

search traffic and social media traffic and turned it into commerce dollars or other things.

That era is gone.

Think about...

It's really interesting.