“One of the leading Democratic super PACs, Priorities USA, will spend $50 million more than previously announced against President Trump before the Democratic National Convention, with plans to make nearly $30 million in TV ad reservations in the coming days,” the New York Times reports.

Greg Schultz, campaign manager for Joe Biden, ripped Facebook after the social media giant said it would continue to allow political candidates to lie in advertisements on its platform.

Said Schultz: “Purposefully allowing and profiting off of the spreading of lies is a serious threat to the democratic process.”

“President Trump’s reelection campaign is planning to drop $10 million to advertise during the Super Bowl, the start of a massive election-year spending spree that will intensify over the coming months,” Politico reports.

“The campaign has purchased 60 seconds of commercial time during the Feb. 2 Super Bowl, which is likely to be the most-watched television event of the year. The ad or ads — it’s unclear whether it will be a single 60-second spot or a pair of 30-second commercials — are expected to run early in the game, when viewership is likely to be at its highest.”

“After news emerged that President Trump’s re-election campaign was looking to run a 30-second ad during the upcoming Super Bowl, the campaign of Michael Bloomberg decided to one-up the president: It secured a 60-second spot that will air nationally during the game, an ad buy that will likely cost at least $10 million,” the New York Times reports.

“The campaign added that the Super Bowl ad would be a new spot that would directly target Mr. Trump, rather than a biographical spot highlighting Mr. Bloomberg’s career.”

New York Times: “Four years ago in Iowa and New Hampshire, a political circular firing squad erupted during nearly every prime-time commercial break. Republican presidential candidates and their allied super PACs unleashed a cacophony of personal, caustic attack ads as they sought to break through in a historically large field.”

“This year, with an even larger field on the Democratic side, the tone on televisions in Iowa and New Hampshire is decidedly different. Almost universally, the Democratic ads seek to address and quell a source of national anxiety — be it about President Trump, prescription drug costs, corruption, foreign policy or a changing economy.”

“And they’re doing it politely.”

Facebook board member and billionaire Peter Thiel has extended his influence over CEO Mark Zuckerberg and was key in the controversial decision to continue accepting political ads ahead of the 2020 presidential election and to not fact-check them, the Wall Street Journal reports.

Thiel is a Republican who backed Donald Trump in 2016.

President Trump’s re-election campaign is currently negotiating with Fox and has agreed on “broad terms” to air a campaign ad during Super Bowl LIV, the Sports Business Journal reports.

Yahoo Sports: “Standard 30-second ads are reportedly selling for as much as $5.6 million for the game, though it’s unknown if that price would change for the Trump campaign. What is known is that buying such an ad for the Super Bowl would be unprecedented in recent history.”

“A progressive organization is plunging itself into the presidential campaign, unveiling plans to spend $75 million on digital advertising to counter President Trump’s early spending advantage in key 2020 battleground states,” the New York Times reports.

“The effort, by a nonprofit group called Acronym and an affiliated political action committee, is an outgrowth of growing concern by some Democratic officials that Mr. Trump could build an insurmountable edge in those key states through massive early advertising efforts. Mr. Trump has spent more than $26 million so far nationally just on Facebook and Google, more than the four top-polling Democrats — Joseph R. Biden Jr., Elizabeth Warren, Bernie Sanders and Pete Buttigieg — have spent in total on those platforms.”