same thing with streaming. start out cheaper/more convenient/more comprehensive than traditional media - and an enormous market to grow into, so your shareholders are happy even with a reasonable price. wait a few years until you have saturated the market, and now the only way to achieve the holy growth is to raise the prices indefinitely.
can you spot any difference? Look closely!
For the time being it’s back to the old way of screwing the public by over charging government for consulting work
The pandemic provided an unprecedentedly easy excuse for implementing that greed.
Second of all, by what mechanism is this greed and from whom? You do know this is an auction, right? In that case, are the greedy actors the other auction bidders, trying to also spend more money?
2020: https://adstransparency.google.com/advertiser/AR123656109299...
2024: https://adstransparency.google.com/advertiser/AR104621681140...
Looks like it's primarily the "location" demographic that is actually different. Neither ad excludes any demographics for Age or Gender but the 2024 includes specific locations for advertisements. So maybe fewer people in Europe and elsewhere seeing American political ads, which I'd assume is preferred by the advertisers. I can see how that would compound to this effect; fewer valuable targets and more value per target.
(Another thing I notice is the ad run length. The 2020 ads ran for a single day (with over 10M views!) and the 2024 ads have been running for weeks or months. Not sure if that's relevant to the expenditure but it's interesting to note.)