http://www.reuters.com/article/politicsNews/idUSN0533088520080805McCain outspends Obama on Olympic ads: source
Tue Aug 5, 2008 1:52pm EDT
NEW YORK (Reuters) - U.S. Republican presidential candidate John McCain's campaign has bought $6 million in TV advertising time during the Olympic Games from NBC Universal, a source familiar with the deal said on Tuesday, topping an earlier purchase by Democratic rival Barack Obama.
McCain's last-minute commercial buy covers advertising on both the NBC network and cable channels such as USA, MSNBC and CNBC, all of which will carry parts of the Summer Games. Coverage of the Olympics begins on Friday with the Opening Ceremony.
Last month, Obama bought $5 million worth of commercial time from NBC Universal, a source said, believed to be an unprecedented political media buy for the Olympics.
NBC Universal, which reportedly has sold 30-second spots to various corporate advertisers for around $750,000 a piece, has nearly reached its target of just over $1 billion in commercial sales. It is unclear how much McCain's campaign paid for its spots.
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Both NBC and McCain's campaign declined to comment.
I hope this is wrong, or that McCain's ads will be inept, since we've been hoping Obama's ad buy will give us a boost then.