Mr. Peanut Is Dead; Hallmark Channel Chief Exits: Thursday's First Things First

Plus, Alegra O'Hare is out as Gap CMO

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Latest Super Bowl News: Mr. Peanut Is Dead

Last year, Bud Light and HBO shocked Super Bowl viewers by killing off an iconic character, the Bud Knight. Not surprisingly, the Bud Knight lived to see another ad in a new campaign months later.

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