CNN, Fox News to Hike Ad Prices for Trump vs Clinton

Bloomberg: The presidential primary season has been a ratings bonanza for cable-news outlets, and it can only get better when the major parties hold their conventions next month. CNN is charging advertisers $40,000 to $100,000 for a 30-second spot during the Republican and Democratic conventions, compared with about $5,000 for a normal prime-time commercial. Fox News plans to charge similar rates.