
Combined, John McCain and Barack Obama have bought more than $11 million in commercial time during the Olympic broadcasts on NBC. But they've also managed to get the slots for an insane deal: $44,000 per spot for McCain and $36,000 for Obama (who purchased less ad time overall). Sound cheap? It should. That's because their per-ad payments are well under the market price for these coveted slots, which have a going rate of $700,000-plus for the Snickers and Coca-Colas out there. Yes, that's about a 17X multiple they cut out. So how are they getting away with it?
Actually, we're not sure.
Under FCC regulations, candidates are allowed to purchase discounted air-time for their campaign within 60days of their election; political candidates get to demand the lowest "unit" pricing for a TV spot from a broadcast network.
Now, unless we are counting wrong, 60 days from now doesn't fall in November when that election thing-y happens, which means NBC cut deals for both campaigns when it wasn't required to. Handing out political favors, are we?
Or maybe NBC just wanted to make sure America saw that delightful "Obama The Celebrity" ad a few more times.
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Maybe they were just desperate to sell ads?
The [Reasonable Access] law requires that FCC (Federal Communications Commission) licensed radio and TV stations must run the ads of Federal Candidates in the day slots, or blocks of time, that the federal candidate specifies.
Lowest unit charge and equal opportunities requirements apply to candidates for all public offices (federal and nonfederal).
broadcasters have a love/hate relationship with campaigns. on one hand…the fill up their stopsets. on the other…it's lowest-unit rate, one of the rarely talked-about scams politicians have pulled over on America.
Shhhh…You don't really expect our smiley media friends to lay all their sneaky deal cards on the table now, do you????? Jus wait til they've divvied up the web and created some net version of of teevee C-SPIN circle jerk where you just get to post one message once every 30 days…Corporate freedom! Ah, I love its faint smell of cordite in the morning…
McCain needs to seriously get his teef whitened.. They are disgusting with his leather face!