Apple and Chevrolet Were Last Week's Biggest Spenders on New TV Ads

The NBA Playoffs and Kentucky Derby were the top recipients

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The first week of May brought with it big ad spending, myriad sporting events and a ubiquitous romantic ad from a top advertiser.

According to Kantar Media, media placement expenditures for national broadcast of new creative last week nearly doubled compared to the last week of April, reaching a total of $163 million. For the top spenders, placement for new creative represented 67 percent of their overall media placement budget, up from 43 percent the week prior. Total ad spending on national broadcast placement increased from just over $887 million to nearly $936 million, with over $163 million of that (17 percent of the total) spent on new creative.

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