Summary Box: Campaign ad spree helps TV stations

AP News
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Posted: Oct 29, 2010 3:34 PM
Summary Box: Campaign ad spree helps TV stations

THE MONEY: One research group expects TV political spending to hit a record $3 billion this year, providing a windfall for local stations coming out of a recession.

THE POLITICS: Several factors created the upsurge: tea party enthusiasm, self-financed millionaire candidates, an unusually high number of toss-up races and a Supreme Court ruling in January that eased rules on corporate campaign donations.

THE WINNERS: "The money is much stronger than we anticipated, and we thought it would be pretty big," says Chris Bailey, who manages ABC affiliate WOLO in Columbia, S.C.