Michael Bloomberg has surpassed $200 million in ad spending, only two months into his presidential bid. The amount far outpaces his competitors.
The unprecedented sums he pours in to blanket the airwaves come as the other billionaire in the race, Tom Steyer, is doing the same. Steyer thus far has spent around $141.1 million according to ad firm Kantar/ CMAG, and seems to have qualified last minute in two states where he has flooded the airwaves.
Democratic presidential hopeful businessman Tom Steyer waves ahead of the sixth Democratic primary debate of the 2020 presidential campaign season co-hosted by PBS NewsHour & Politico at Loyola Marymount University in Los Angeles, Dec. 19, 2019. Democratic presidential hopeful businessman Tom Steyer waves ahead of the sixth Democratic primary debate of the 2020 presidential campaign season co-hosted by PBS NewsHour & Politico at Loyola Marymount University in Los Angeles, Dec. 19, 2019.According to CMAG, the rest of the Democratic primary field, combined, has spent more than $250 million on TV and digital ad buys, including Steyer’s $141.1 million.
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