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Political-Ad Spending Could Boost California TV Stations, Analyst Says.

By Greg Hernandez, Daily News, Los Angeles Knight Ridder/Tribune Business News

Aug. 15--Spending on political ads leading up to the Oct. 7 recall election could result in as much as a $100 million windfall for California's television station operators, a media analyst predicted Thursday.

The millions in political advertising should be powered by the record 135 contenders, front-running challenger Arnold Schwarzenegger's apparent willingness to spend some of his immense wealth and the divisive nature of the recall vote, according to JP Morgan analyst Vi

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