FOXA - Fox Is The Winner In Biden Trump Rematch: 'TV Stations Garner Bulk Of Political Ad Spending' Analyst Says | Benzinga
Shares of Fox Corp (NASDAQ: FOXA) have added more than 8% over the past month as U.S. presidential election campaigns gain momentum.
Although primaries ad spending remained soft, the 2024 presidential election ad spending could hit a new record, according to Seaport Research Partners.
President Joe Biden is reportedly planning to spend more than $30 million in ads — a portion of the $155 million in cash his re-election campaign has on hand as of the end of February.
Former President Donald Trump and the Republican National Committee raised over $65.6 million in March. The four-time indicted candidate hopes to ...