Political Groups Spent Record $3.37B On TV For 2012 Campaign: Analyst

By DAVID LIEBERMAN, Executive Editor | Friday November 30, 2012 @ 10:19am PST

The returns are in and show that this year’s elections provided a bigger windfall for TV providers than expected by Wells Fargo Securities’ Marci Ryvicker — who’s followed this stuff closer than just about anybody. Campaigns and interest groups spent $2.8B on local TV, $104M at national networks, and $467M on cable she reports this morning based on information from Kantar Media’s Campaign Media Analysis Group. The total TV spending is +23.3% vs. the 2010 elections, and +35.3% vs. the 2008 presidential election year. Television accounted for about 65% of all of this campaign’s political ad spending, which came to $5.19B, +14% from 2010. Ryvicker says that the political outlays for TV were $200M higher than she anticipated. READ MORE »

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Gray And Gannett Seen As Top Political TV Ad Beneficiaries This Year

By DAVID LIEBERMAN, Executive Editor | Thursday November 1, 2012 @ 11:53am PDT

UPDATE: Gannett challenges SNL Kagan’s estimate that sales of political ads at the company’s TV stations will decline 10.1% vs 2008. Gannett Broadcasting President Dave Lougee recently told analysts that the company expects election-related ads to hit a  ”new high” in 2012 following Q3 sales of $42M, +61.5% vs 2008.   

PREVIOUS, 11:53 AM: The situation is kind of like a children’s soccer game where everybody’s a winner — except, perhaps, the viewers in battleground states who’ve been bombarded with campaign related commercials. Local TV stations likely will end up with anywhere from $2.6B to $2.8B in political ads this year, according to two projections today. SNL Kagan has a lower number, which is still a 68% increase vs four years ago. The 10 largest publicly traded broadcast TV affiliate groups should end up with $625.3M, +41.9%. The research firm says that Mitt Romney outspent President Obama in TV and radio ads in swing states including Ohio, Pennsylvania, and Florida. Gray Television will wind up with about $90.5M, up 86.7% vs 2008 followed by Gannett with $84.5M (-10.1%), E.W. Scripps with $79.5M (+93.8%), and Sinclair with $75.0M (+82.5%).  Read More »

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Political Ads Will Boost Local TV Sales By A Record $2.7B This Year: Forecast

By DAVID LIEBERMAN, Executive Editor | Thursday October 11, 2012 @ 2:10pm PDT

Political Ad Spending 2012The projection today from ad firm Magna Global is a little conservative compared to some other forecasts. For example, Wells Fargo Securities’ Marci Ryvicker projected yesterday that political campaigns and groups will spend $3B+ this … Read More »

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Presidential Campaigns May End Up Wasting Billions On Their TV Ads

By DAVID LIEBERMAN, Executive Editor | Friday September 14, 2012 @ 6:11am PDT

Two Wall Street analysts point to that conclusion in reports this morning that examine the estimated $2.8B being spent on local TV this presidential election cycle from different perspectives. Only about 800,000 voters are even persuadable this year, Wells Fargo Securities’ Marci Ryvicker notes citing information from Kantar Media’s authoritative Campaign Media Analysis Group. Even more startling, she says, “the BEST way to reach such voters is through ‘fringe’ programs such as Jeopardy and Wheel Of Fortune.” Thus far the biggest surprises in the campaign have been that spending is stronger than she expected in Wisconsin, but weaker in Pennsylvania and Missouri. Read More »

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Political Ads Will Fuel TV Acquisitions, Debt Reduction, And Investor Payments: Moody’s

By DAVID LIEBERMAN, Executive Editor | Thursday September 13, 2012 @ 2:08pm PDT

TV stations and their investors are already the big winners from this year’s elections. Political campaigns and groups will funnel a record $2.8B to local broadcasters, according to a report today by Moody’s Investors Service. And most recipients … Read More »

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Political Ad Spending Could Hit $5.2B This Election Season: Analyst

By DAVID LIEBERMAN, Executive Editor | Tuesday September 4, 2012 @ 3:56pm PDT

TV Political Advertising 2012Wells Fargo Securities’ Marci Ryvicker tracks political ad spending closer than just about anybody on Wall Street, and just raised her forecast (previously $4.9B) after watching cash gush into TV stations. Her new total compares with $4.6B spent in 2010. But it really stands out relative to the totals during the last two years that included presidential races: If Ryvicker’s right, then political ad sales this year will be 23% higher than in 2008, and up 95% vs 2004. She figures that local stations will account for 54% of the total spending, while 2% will go to networks and 9% to cable operators. Read More »

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Political TV Ad Spending Soars In July, Especially In Mid-West: Analyst

By DAVID LIEBERMAN, Executive Editor | Friday August 10, 2012 @ 9:12am PDT

Political pros took a keen interest in July in markets including Zanesville, Ohio; Sioux City and Davenport, Iowa; Charlottesville, Virginia; and Las Vegas and Reno, Nevada. They saw the biggest increase in political ad spending relative to their market size in the month according to a report out this morning from Wells Fargo Securities’ Marci Ryvicker. The prolific analyst tracks political spending closer than just about anyone on Wall Street. She says that campaigns have spent $765.6M on TV so far in 2012 (ending July 29). The vast majority of that — $579.6M — went to local stations, including $120.7M in July. Of the local total so far in 2012, 42.5% was for presidential campaigns, 21.8% for ballot initiatives, 18.6% for Senate races, 7.6% for House contests, 5.0% for gubernatorial races, and 4.4% for other. The top markets measured by dollars spent are Cleveland ($24.8M); Los Angeles ($20.6M); Tampa ($19.4M); Washington, DC ($18.2M); and Las Vegas ($17.2M) — with much of the cash going to outlets owned by Fox, CBS, NBC, Sinclair, and Disney. But Ryvicker notes that these cities typically end up on top because of their size, not because they have the most contentious races. She says it’s more revealing to look at political spending relative to the total ad sales in the market. Read More »

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Court Rejects Broadcaster Effort to Delay Web Disclosure Of Political Ad Info

A minor victory this afternoon for those who’d like to see television stations disclose on the Web the same information about political ad sales that they already have to make public on paper. The U.S. Court of … Read More »

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Broadcasters Tell Court That Political Ad Rules Will Lead To “Irreparable Harm”

National Association Of Broadcasters Political AdsThe National Association of Broadcasters came out swinging in an emergency motion today at the U.S. Court of Appeals in Washington. The trade group wants the court to stay an FCC ruling … Read More »

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House Panel Now OKs FCC TV Political Data Rule

By DOMINIC PATTEN | Wednesday June 20, 2012 @ 11:43am PDT

In a change of direction, the House Appropriations Committee today voted unanimously to now allow the FCC’s rule on putting political ad data online to stand. As a part of today’s new amendment, the General Accountability Office will … Read More »

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Political Ads Really Do Provide A Bonanza For TV Stations: Report

By DAVID LIEBERMAN, Executive Editor | Wednesday May 16, 2012 @ 5:18am PDT

The Columbia Journalism Review provides a useful look at the economics of political TV ads here as it tries to answer an important, and deceptively complicated, question: Will much of the record $3B+ in estimated campaign spending this election cycle represent new money for TV stations? CJR grapples with a school of thought that says the impact is frequently exaggerated. The political buy, the thinking goes, just knocks out other advertisers, including ones who might have paid a higher price for the slot. Stations have to make time available to campaigns at what’s known as the “lowest unit rate” — the price offered to the station’s best customers for the time period. Still, CJR finds that “campaign ad dollars are mostly gravy.” Stations frequently increase their advertising inventory in the weeks leading up to an election. Other commercials usually aren’t bumped; most can be moved to air on days and times that are harder to sell. “That allows broadcasters a fair amount of Read More »

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FCC Votes To Require That TV Stations Make Political Ad Data Available Online

By THE DEADLINE TEAM | Friday April 27, 2012 @ 10:09am PDT

FCC Political AdsBroadcasters are not happy with today’s FCC passage of a rule that will force stations to put their political advertising information — like who is buying what time and for how much — online. Stations already … Read More »

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