Networks Might Slim Down Convention Coverage
Posted on Jul 9, 2008
That Barack Obama would accept his party’s nomination at Invesco Field was an unwelcome bit of news for network executives who have already budgeted their election coverage. Apparently it costs more to broadcast from a stadium than an arena, and so the networks are threatening to scale down what they traditionally dismiss as a free commercial.
(via Political Wire)
According to several broadcast executives, the networks will still cover all the major speeches. But beyond that, all options are open as they look for savings to balance out the anticipated costs surrounding the stadium event. The acceptance event is an unexpected departure from the traditional convention hall format for which they have spent months planning.
Network executives expect Obama’s relatively late-breaking decision to speak at Invesco Field at Mile High, a 76,000-seat football stadium, could add hundreds of thousands of dollars in costs to already cash-strapped news divisions. Each network has budgeted millions to cover the political conventions, but that spending is already accounted for in specific costs ranging from hotel rooms to staffing to building convention platforms.
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