2016 was a record yearfor political ad spending, according to ad trackers at Borrell Associates, up 4.6% from the 2012 presidential election to $9.8 billion. But money shifted toward more targeted ads, with cable in on the new bounty.
Broadcast TV remained the big dog at $4.4 billion, more than three times any other outlet. Borrell noted the figure represented a 44.7% share, down from 57.9% in ’12, a $1-billion decline when many were predicting a $1B increase.
Part of that was Donald Trump’s heavy reliance on earned and digital media, but it was also because of the general shift to more targeted media, said the analysts. Cable, digital and direct mail gained a total $1.7 billion over 2012. Cable jumped from $891.78 million (9.5% of the total pie) to $1,355.28 billion (13.8%), Borrell noted. Online and digital exploded from $159.21 million in ‘12 to 1.4 billion.
When the dust settled on Trump’s improbable victory, what remained was “a political advertising landscape that has been permanently altered,” said the analysts. “In 2016 marketers learned that a candidate doesn’t have to match or outspend an opponent in TV commercials—or even in overall funds raised—to win an election.”
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.