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Political Ad Spend Grows, But at Slower Pace Than Before: Brian Wieser Beet.TV [Video]

In an election year that is seeing two former presidents vying for the White House again, political advertising is still massive – but not growing at quite the same pace as before.

Political polarization in American society is limiting the number of persuadable voters. And, although fundraising has grown, it is not expanding at the rate it was during the first two decades of the century.

“This year we forecast about $15 billion of total political advertising spending in the US out of all media,” says Brian Wieser, Principal at Madison + Wall, in this video interview with Beet.TV. “That’s around 5% of the industry’s total, but it’s only up from about $14 billion in 2020.”

Wieser says the mix of political ad spending, between TV and digital, depends on the profile of candidates.

“Older candidates tended to skew a lot of their spending towards television,” he says. “Younger candidates …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.