
The Super Bowl isn't only the biggest day of the year in football, it's also the biggest day of the year in advertising. That has been true for a couple of decades, but at the Super Bowl next year, NBC is going to do something unprecedented: Charge $3 million for 30-second commercials.
The Wall Street Journal reports that by charging $3 million as a starting point for negotiations for the sale of 30-second commercial slots during the game, NBC is raising the price by 10%. Fox got $3 million from a couple advertisers for this year's Super Bowl, but the average price was about $2.7 million for 30-second ads.
NBC says this year's huge ratings mean that even though the economy is slowing down, companies will be willing to pay $100,000 a second for Super Bowl ad time. The NFL may be a recession-proof business.
