Dade Hayes Finance EditorAs Democratic presidential nominee Joe Biden pledged $280 million in TV advertising through the fall, local station owners Nexstar and Sinclair Broadcast Group told Wall Street they expect a record political ad haul.In separate conference calls with Wall Street analysts to discuss second-quarter results, the top two companies addressed the political stretch run and overall advertising in the months to come.
Reiterating previous guidance, they said they still expect record levels of political spending despite a broad pullback by overall advertisers during COVID-19.“There are no guarantees in this business,” Nexstar CEO Perry Sook said, “but as close to a guarantee as I’ll give you is there will be no negative.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.