Friday, April 19, 2024
spot_img
HomeNewsBusiness WirePolitical Ad Spending Explodes on Sports Programming, Per Viamedia Data

Political Ad Spending Explodes on Sports Programming, Per Viamedia Data

Leading Independent Provider of Ad-Sales Representation to Cable TV Systems Sees Near-Tripling in Spending vs. 2018 Midterms

Viamedia Poised to Meet or Exceed Prior Political-Ad Records Despite Impact on Cable Advertising of Cord-Cutting

NEW YORK–(BUSINESS WIRE)–#TVadvertising–Political ad spending within sports programming across linear cable and related digital networks grew 170% in 2020 vs. 2018 and is poised to meet if not possibly exceed the 2020 record in 2022 – a near tripling vs. the last Midterm election period.

The findings come from an analysis of data from Viamedia, the leading fully-integrated independent cross-media local advertising company. The company continues to see record-level Midterm political advertising — despite industrywide decreases in cable TV subscribers.

ESPN continues to lead in the political ad category for all sports-carrying cable networks, which include TBS, TNT, USA, ESPN2, FX, FS1, NFL Network, CBS Sports Network, the college conference networks (including Big Ten Network, SEC Network, ACC Network among others), as well as regional sports networks.

“The 800-pound gorilla in political ad spending on cable continues to be Fox News, followed by CNN, with other news nets distantly following. Noteworthy is that, while news net political ad spend is increasing, sports in particular has taken off as a category of programming drawing political dollars,” said David Solomon, President & CEO at Viamedia.

Spending around Major League Baseball, which doubled in 2020 vs. 2018, already has more than tripled in 2022 vs. 2018, even before the first 2022 World Series pitch, per Viamedia data.

“Spending around sports programming on cable and connected TV has proven a winner for candidates and political action committees looking to reach a broad cross-section of voters,” Solomon added. “It aggregates an undeniably large audience spanning demographics and interests – and the audiences are watching live and are engaged. We think we’ll match the 2020 record this year and beat it in 2024.”

About Viamedia

Viamedia places over 1MM ads a day in more than 130 zones in 28 states across 60+ markets nationwide, aggregating all forms of TV audiences and providing a single point of sale to more than 6,000 local, regional, and national advertisers. It provides a comprehensive portfolio of audience and impression-based local video cross-media advertising solutions that bridge the gap between linear TV and digital programmatic advertising.

Viamedia’s patented, cloud based QTT™ platform utilizes a proprietary technology stack and designed to enable ad campaigns to be more efficient and easier to execute, by utilizing rich data to deliver targeted, dynamic ads to consumers via linear television.

Viamedia also offers a complimentary suite of impression-based digital products for streaming, mobile, display, email, search, social and more. Headquartered in Lexington, Kentucky, the company’s success is built on its people, processes and proprietary software.

For more information, please visit https://viamediatv.com.

Contacts

Andrew Laszacs

Bob Gold & Associates

310-320-2010

viamedia@bobgoldpr.com

spot_img
RELATED ARTICLES
spot_img
spot_img
spot_img

Caribbean News

Global News

World Bank Group – African Development Bank Group to connect 300M to electricity by 2030

World Bank Group, African Development Bank initiative could halve the number of people in Africa living without electricity access USA / AFRICA – The...