To calculate the variance in Net, we need to subtract the total gross value from the net value provided.

Step-by-Step Calculation:

1. Calculate the Total Gross Value:
   Total Gross = Digital Gross + Radio Gross + Television Gross
   Total Gross = $529,276.15 + $821,225.20 + $1,768,448.34
   Total Gross = $3,119,949.69

2. Calculate the Variance:
   Variance = Net Budget - Total Gross
   Variance = $2,650.0M - $3,119,949.69
   Variance = $2,650,000,000 - $3,119,949.69
   Variance = $2,646,880,050.31

3. Convert the Variance into "Thousands" and Express in M:
   Variance in Thousands = $2,646,880,050.31 ÷ 1,000
   Variance = $2,646,880.1K

   Convert to Millions (M):
   Variance = $2,646.9M

Final Answer:

The variance in Net is $2,646.9M.

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Would you like further details or explanations on this?

Here are some follow-up questions to explore:

1. What would happen if we included additional categories like print or social media?
2. How would the variance change if the Net Budget were reduced by $500M?
3. Can we calculate the percentage difference between Net and Gross values for each category?
4. How can we use this variance to inform future budgeting decisions?
5. What are some common strategies to close the variance gap in future budgets?

Tip: When calculating variances, it's important to ensure that both values (Net and Gross) are expressed in the same units before subtraction!