Comprehensive and Detailed Explanation From Exact Extract:
Ad Space Specification objects define inventory specifications such as TV programs for linear ads. Media Plan Placement represents the booking of ads into those specs. Media Channel is broader, and Ad Creative is related to creative assets, not media inventory.
[References:, Media Cloud Ad Space Specificationhttps://help.salesforce.com/s/articleView?id=sf.media_cloud_ad_space_specification.htm&type=5, ==============]
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