ABC is charging advertisers $1.65 million to $1.8 million for 30-second spots during the Academy Awards telecast, the most the show has commanded since 2008. The inventory is practically sold out, says Debbie Richman, senior vice president for prime-time ABC sales. Many brands, such as Neutrogena, Chobani, Grey Poupon, Hyundai and J.C. Penney, are debuting new ads during the show, treating it much like the Super Bowl, writes Stuart Elliott.

Related Summaries