The New York Times
Among those closely watching the Supreme Court ruling last week that loosened restrictions on corporate campaign spending were local television stations, which now hope for a windfall.
Media of all kinds may benefit from the decision, which promises to let more political advertising money be poured into the system. Most of that money finds its way to television, and in particular, local stations in battleground states.
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“It’s a big opportunity” for stations, said Steve Lanzano, the president of the Television Bureau of Advertising.
Under the Supreme Court decision, corporations and unions will be free to spend money on attack ads in ways that were previously banned. More…