ABC sells out ad time for Academy Awards show -WSJ

Newswire

NEW YORK, Feb 24 (Reuters) - ABC has already sold out its commercial time for the Academy Awards, a month before they are set to air, the Wall Street Journal reported on Monday. The average price for a 30-second spot is about $1.3 million to $1.4 million, according to several media buyers, the newspaper said. Last year's average was $1.29 million, according to Nielsen Monitor-Plus, a New York research firm. Advertisers signed on include American Express, Anheuser-Busch Cos. Inc. , ...

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