2020 Candidates ‘Flush With Cash’ Bode Well for Local TV Owners

(Bloomberg) -- With a wide field of deep-pocketed candidates vying for the presidency in 2020, political advertising is poised to reach record levels.“All signs point to another record political cycle in 2020 with total political advertising” reaching at least $10 billion dollars, wrote Guggenheim Securities analyst Curry Baker in a note, citing updated forecasts from several ad planning agencies. That figure is up about 15% from the 2018 midterms and more than 60% from the 2016 elec