Community | November 13, 2010 | 1 comment

Making a Profit from 2010 Elections - $11.5 Million Went To Liquor & Other Beverages

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Republicans weren’t the only big winners in the November election. Businesses of all sizes and specialties also benefited from a campaign season in which $4 billion was spent on races.

Those that really made out were broadcasters, which made $2.5 billion in ad revenue from federal, state and local campaigns. That means political advertising and media companies weren’t far behind, being paid handsomely to fashion the 30-second spots that deluged the airwaves.

GMMB Inc., a media consulting firm that helped Barack Obama in 2008, earned $116 million from clients, including the Democratic Congressional Campaign Committee and Senate Majority Leader Harry Reid (D-Nevada).

Media Strategies and Research of Denver made $47 million for its work on 18 Democratic House and Senate contests.

On the Republican side, Crossroads Media—an arm of GOP strategist Karl Rove’s new conservative PAC, American Crossroads—took in $40 million.

The catering industry did well, too, racking in a total of $40 million, not including the $11.5 million that went to liquor and other beverages. And ADP, the leading firm that handles payrolls, gained almost $33 million of business.
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    Community,   Politics,   US Politics,   Unfeatured
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    GOP Election Alcohol 2010 2 more
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