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Historically, advertising in fourth quarter has been the most expensive of the year driven by high demand of the holiday season. Traditional product categories that ramp up their marketing budgets include retailers, toys/games, apparel, alcoholic beverages and movie studios. Plus every other year political ads plunk down billions of ad dollars. New to the list will be sports betting.
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"When you see top-level athletes and actors promoting these brands ¡ª and we're talking about the Michael Jordans, the Jamie Foxxes of the world, that are well known to kids ¡ª that's of some dramatic concern," Warner contended.