Newspapers and television stations reaped a financial windfall from the BP oil spill — and continue to benefit as the company spends millions on advertising to repair its battered image following the worst environmental disaster in U.S. history.
BP spent $93.4 million on ads between April 1 and July 31, according to Politico. That’s triple the amount from the same period one year ago. The information was included in a letter from House Energy and Commerce Chairman Henry Waxman (D-Fla.) to Rep. Kathy Castor (D-Fla.).
BP began its flurry of ads shortly after the Deepwater Horizon explosion on April 20 and has continued to target national and local outlets seven weeks after the well was capped. Newspapers and TV stations have been the biggest beneficiaries. (more…)








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