While neither Clinton nor Republican Rudy Giuliani have launched TV offensives yet, top Democratic contender Barack Obama, who just raised a reported $32.5 million over the last three months, started advertising June 27 (in Iowa). That means stations could find millions more heading their way soon.
In the last few weeks, Democrat Chris Dodd has been in heavy rotation, running more than 1,660 spots. Dodd has run the third-most spots behind Romney and Democrat Bill Richardson's 2,232 (all in Iowa and New Hampshire). Two other candidates, John Edwards (D) and Duncan Hunter (R), have run a handful of spots. Romney's 4,252 local spots have aired in seven markets, notably and not surprisingly New Hampshire and Iowa, sites of the first primary and caucus, respectively. But he's also aired more than 300 spots each in South Carolina and Florida.
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Romney and Dodd are the only candidates to use national cable, running 297 and 4 spots, respectively. Cable news networks could reap the benefits this fall and into next year if candidates embrace their airwaves. The win on two counts: from actual spending and as the rates increase for other advertisers if political dollars take up a large portion of their inventory. That could prompt advertisers to spend more with news networks in the ongoing upfront to lock in rates.
Nielsen said the spending marks an early start for a presidential campaign, though not as early as the 2000 race, when candidate George W. Bush started advertising more than two years before Election Day.
Despite passing on TV so far, Romney competitor Republican Rudy Giuliani has used a heavy rotation of radio spots (642), well above Romney's use of the medium (378) - they are the only candidates to use local radio so far.