Growth in political ad spending is expected to slow dramatically during the 2019-2020 election cycle, according to Kantar Media, which predicts political campaigns for US federal office will spend $6 billion on paid media placements this year. But a greater share than ever will be directed toward digital channels.
Kantar predicts federal election spending this cycle to increase 14%. Growth in 2018 was 21%.
Of the $6 billion in political campaign spending this cycle, Kantar expects 20%, or $1.2 billion, to go to digital. TV still wins the lion’s share of campaign budgets, with almost three-quarters of the total split between broadcast and cable TV.
Demand-side platform Centro released information in June about how state and local campaigns that had used Centro’s platform to buy ads in the 2018 election cycle allocated their spending. A majority (56%) went to video. Read the rest at eMarketer.