Media Sector US reaps fruits of race for White House '

Media Sector US reaps fruits of race for White House '

World May 19, 2016 14:48

- In the run up to the US presidential election spending Democrats and Republicans billions of dollars in ads that particular media plays into the hands. That concludes John Bailer, fund manager at The Boston Company Asset Management, a boutique of BNY Mellon.

According Bailer will especially in the media sector in conjunction with the advertising industry generally see better profits in an election year and this year is expected to be broken all records.

He points out that nbsp; presidential candidates in this election cycle, spent about $ 11.4 billion, 20% more than in 2012, where there has been $ 6 billion for television and digital media have breached the limit of $ 1 billion.
  
    
     
      
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Bailer believes that the health of the media sector thanks to the additional advertising revenue for the elections provided for printing less able than skeptics.

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