ABC sells out ad time for the Oscars, even as fewer people are expected to watch.
Preparations for the Academy Awards last year, when viewership was down 20 percent from 2019. It is expected to be even lower this year.Credit...Josh Haner/The New York Times
April 22, 2021
ABC has sold out its advertising inventory for the pandemic-delayed Academy Awards on Sunday, with companies like Google, General Motors, Rolex and Verizon spending an estimated $2 million for each 30-second spot, according to media buyers — only a slight decline from last year’s pricing even though the television audience is expected to be sharply smaller.