Follow The Money
Sippey linked to this AdAge article about how we’re just now getting into the season of big advertising spending for the Presidential candidates, and it made me realize just how much money is going to be spent on advertising. Obama and Clinton talk about having raised $100+ million dollars. The Republicans have $50 or $60 million dollars each. These are record breaking figures, which I am sure will be matched with record breaking amounts of money spent on advertising. So, keep in mind when watching the coverage of the races that 2008 will be a year when media companies earn record profits from political candidates. Do you think the media companies want campaign finance reform?
On the other hand, maybe its time to buy more stock in media companies!
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