This story is from August 31, 2016
In year of polls, US spent $1.6bn on TV ads
Come 8th of November this year and the people of US will be voting to decide whether Hillary Clinton or Donald Trump wins, right?
Not quite. While the US presidential election battle is grabbing the world's attention, there are a host of other campaigns taking place simultaneously — from senators and representatives for the US Congress to state governors and legislature representatives, down to attorney generals, mayors, and local government functionaries and even “ballot measures,“ which are sort of referendums on issues.
Besides the above-mentioned posts, there are many state-level executive positions that needs to be filled. These include superintendent of schools, insurance, agriculture, labour and public service commissioners, lieutenant governor, secretary of state, treasurer, controller and auditor.
That's not all. In 35 states, 145 statewide ballot measures are to be put to vote. These are state policy measures that need to be approved by people through ballot. These include 73 measures that were put on the ballot by citizens through signature petitions and are related to marijuana, gun control, universal healthcare, minimum wage and other controversial topics, like an initiative in California designed to require condoms to be used in pornographic films.
But here's the thing: over a billion dollars have been spent till now on TV ads for all these elections combined together.According to analysis done by the Wesleyan Media Project, over 1.4 million TV ads have fried people's heads on all these elections. In addition they have also viewed over 2 million ads espousing bothe the presidential nominees.
An interesting feature of these lesser elections is that “dark money“ seems to be flooding into them. Nearly half of the money spent on Senate campaigns is from outside groups, many of whom do not disclose their sources. About 26% of funding for ads related to governor's races is from such groups. For the presidential campaign, this component of outside funding is about 30%.
Besides the above-mentioned posts, there are many state-level executive positions that needs to be filled. These include superintendent of schools, insurance, agriculture, labour and public service commissioners, lieutenant governor, secretary of state, treasurer, controller and auditor.
That's not all. In 35 states, 145 statewide ballot measures are to be put to vote. These are state policy measures that need to be approved by people through ballot. These include 73 measures that were put on the ballot by citizens through signature petitions and are related to marijuana, gun control, universal healthcare, minimum wage and other controversial topics, like an initiative in California designed to require condoms to be used in pornographic films.
But here's the thing: over a billion dollars have been spent till now on TV ads for all these elections combined together.According to analysis done by the Wesleyan Media Project, over 1.4 million TV ads have fried people's heads on all these elections. In addition they have also viewed over 2 million ads espousing bothe the presidential nominees.
An interesting feature of these lesser elections is that “dark money“ seems to be flooding into them. Nearly half of the money spent on Senate campaigns is from outside groups, many of whom do not disclose their sources. About 26% of funding for ads related to governor's races is from such groups. For the presidential campaign, this component of outside funding is about 30%.
Top Comment
thakur4
3000 days ago
Good for the country''s economy, political ads and those for jobs-creations and for humanitarian purposes attract subsidies. Once elected, Trump''s fundamental priority must be to rid his country of the consistently rising national debt: 21 Billions to date!Read allPost comment
Popular from Business
- GST Council to meet on December 21: Insurance levy, rate rationalisation, tax reduction on products on agenda
- Zepto expands cafe service to major cities; eyes Rs 1,000 cr revenue run-rate by 2026
- Government plans 100% FDI, eased rules for agents in insurance bill tweak
- India's economic growth needs more affordable interest rates, minister says
- India looks to revolutionise maritime sector by 2047 with Rs 80 Lakh crore investment: Sonowal
end of article
Trending Stories
- Will banks open only for 5 days a week? Here’s what you should know about IBA’s proposal
- India set to be third largest economy, says S&P Global
- Dalal Street bull run continues! BSE Sensex crosses 69,000 for the first time; Nifty above 20,800
- Byju’s reduces notice period for employees as troubles mount
03:08 Sensex surges over 900 points, Nifty above 20,550 as BJP state election wins bolster Modi's Lok Sabha 2024 prospects- UltraTech to buy building materials business of Kesoram in 7,600 crore deal
- Tata Technologies stock debuts at a bumper 140% premium; share price at Rs 1200 on BSE
Visual Stories
- NEET UG 2024 result awaited: Top 10 NIRF-ranked medical colleges of India
- 7 New Expected Bullet Train Routes in India
- 10 Upcoming High-Speed Expressways That Will Change Highway Travel In India
- 8 Transformational Indian Railways Projects You Shouldn’t Miss
- Why Sensex, Nifty50 Hit New Highs, M-Cap At $5 Trillion: Top Reasons
UP NEXT