political ads

Former New York City Mayor Michael Bloomberg has now spent some $452 million on advertising since entering the Democratic presidential race in late November, according to the ad-tracking firm Advertising Analytics.

The multibillionaire, who is self-funding his campaign, has already spent more than $401 million on television and radio ads alone. That surpasses the $338.3 million that President Barack Obama's campaign spent on those ads during his entire 2012 campaign, according to Advertising Analytics.

Spotify announced on Friday that it will no longer sell political advertisements for its streaming service starting in early 2020, according to Ad Age.

The change will apply to the company's ad-supported music streaming service and its podcasts. As Ad Age reported, it will only affect the U.S. because it is the only country where the company has sold political ads previously.

Michael Bloomberg, the billionaire former mayor of New York City, entered the Democratic presidential primary a month ago. He's already spent more than $100 million on advertising.

Bloomberg and Tom Steyer, another billionaire in the Democratic contest, have in total spent about $200 million so far, according to Advertising Analytics, a firm that tracks campaign ad expenditures.

Tech Tuesday: Regulating Political Advertising

Dec 10, 2019
Flickr

Tech giants such as Facebook and Alphabet Inc. are starting to discuss ways in which they can regulate political advertising on their websites.

Still, with the 2020 presidential elections around the corner and billions of dollars going towards online advertising, universal regulations for these ads have yet to be established. 

Today on All Sides Tech Tuesday: regulating political advertising, and more. 

Guests:

Twitter CEO Jack Dorsey last week announced that the social media platform will ban all political ads. Dorsey said that he’s concerned political ads will impact the “democratic infrastructure,” and that the reach of a message “should be earned, not bought.”

Today on Tech Tuesday on All Sides with Ann Fisher: social media and politics. 

 

Guests: