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How Politics Became Big Business for TV

November 10, 2015 · 3:51 pm ET · 13 Comments

Hollywood Reporter: “News was once the loss leader of TV, and politics was the loss leader of news, the slog you waded through before crime, disaster, human interest, weather and sports. Two things changed that status.”

“Political gridlock and target-marketing techniques turned swing states into crucial battlegrounds, which meant vast advertising expenditures in local markets (and unlimited resources to spend, thanks to the U.S. Supreme Court). Every midterm election and presidential cycle ups that ante. More than $3 billion was spent on local political ads in 2012 — out of a total local television advertising take of $17 billion. By some estimates, that could rise to as much as $5 billion in 2016, making politics the single biggest local television advertising category.”

“And then there was Fox News, handily beating all other cable news programming by aligning its product to a particular political market and sensibility.”

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Taegan Goddard

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Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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