Tuesday, July 28, 2015

TV Political Ads Head Toward Record 2016 Spend

Campaigns and causes planning to include TV ads in their election-cycle budgets can expect especially stiff, expensive competition for the airwaves: Political ads on television are forecast to increase by 16% and reach a record $4.4 billion in spending for the 2016 presidential race, reports The Washington Post, citing the latest Kantar Media research. Democratic presidential hopeful Hillary Clinton has already reserved $8 million in TV ads that could begin as early as November, according to The Post story. There are several reasons that TV ad space is in such demand, despite the growth in digital politicking and social platforms, and the decline in traditional television viewing. For one thing, the Supreme Court's Citizens United decision has opened the way for unlimited spending by corporations, unions and outside groups, and primary and battleground states are seeing the impact on TV ad spending, analysts tell The Washington Post. Also, while TV viewing by 18- to 34-year-olds is down, the most reliable, older voters still turn to television for news and entertainment, according to research. As a result of the rush to TV, some primary state TV stations are rejecting ad reservations until closer to the primaries to maximize pricing, according to political analysts interviewed. Read the complete article: https://www.washingtonpost.com/blogs/the-switch/wp/2015/07/20/why-political-ads-are-going-to-reach-a-record-in-2016/

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