Gamut Launches New Service for Local Political Advertising

Gamut, a leader in local OTT advertising, announces the launch of a new service for targeted local political advertising. The proprietary service is specifically designed to be deployed beginning 40 days out from an election and gives marketers the ability to make their buys as efficiently as possible by targeting only voters online who have yet to vote in this election cycle.

Kantar Looks at the Midterms and Political Ad Spend for 2022

Political ad spending has always been an important component in media advertising. But in recent election cycles, spending is breaking records and becoming even more important as candidates strive to get their messages to the voting public, according to Kantar’s Steve Passwaiter.

Consumers Cautious, but Still Spending

Concerns about high inflation and the Federal Reserve interest rate hikes intended to bring spending under control, but they haven’t stopped consumers, Chain Store Age reports.

Study: Holiday Shoppers Expect To Spend Less

Signaling shoppers’ budget concerns, a Gartner survey of 306 consumers during July found that more than a fourth (28%) expect to spend less this holiday season while 10% will spend more this year than in years prior.

MAGNA: 2022 U.S. Ad Revenues To Exceed $300B

Bolstered by a strong H1, and by political advertising propping up an otherwise economics lowdown-impacted H2, U.S. ad revenues for full-year 2022 are expected to pass $300 billion for the first time, reaching $323 billion, according to MAGNA’s just released forecast.

Auto Sales to Stall as Demand Recedes

U.S. light-vehicle sales remain in lower gear as Q3 winds
down, while slumping consumer sentiment threatens a
further downshift, Automotive News reports.

Scripps News To Debut On Jan. 1

It will rebrand its Newsy network and combine it with the resources of the Scripps Washington Bureau and Local Media national news desk, to form a national news division.