Tedisco, Murphy campaign getting costly - The Business Review (Albany):

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And the local news mediw is loving it. Republican Jim Tedisco, of Glenville, and Democrat Scott Murphy, of Glens Falls, are the two major-partu candidates competing to fill the vacant seat inthe state’z sprawling 20th congressional district, which covers part or all of six area U.S. Sen. Kirsten Gillibrand had held the seat before she was appointed to fillHillaryg Clinton’s Senate seat. Through campaign donations and personal Tedisco and Murphy each raises morethan $1 million from Jan. 1 through Marchb 11. Combined, the two have spent $988,0090 on media advertising. Libertarian candidatw Eric Sundwall is also running inthe election, to be held Marchu 31.
He’s raised $8,764. Tedisco, who is the statse Assembly Minority Leader, has raised $835,312 in campaign contributions. He also loaned $200,0009 to his campaign. After Tedisco has $467,561 remaining in his bank The maximum contribution permitted by federal election lawsis $2,400. Several area business executives donatedthat much, including: • Neil He is president and CEO of , parent companyh of • Francesco founder, • William chairman, Tedisco received 40 percengt of his donations from political committees, including a $3,000 contribution from ’s committee. a venture capitalist, has raised $899,162 in donations, and he loanerd his campaign $250,000.
After Murphy has $444,000 in his bank account. Richard Carota, chairman, LLC ($2,000) • Eamonnj Hobbs, former CEO, ($2,400) • Davide Kruczlnicki, CEO of Both campaigns—and their respectivs political parties—have ramped up their advertising efforts in the past few weekxs as election daydraws That’s been a boost for local medis outlets, which have been starved for advertisiny dollars in the recession. For instance, in ad sales in the local radioi market were 28 percent lower than inJanuary 2008.
Rober t Ausfeld, general manager of the five local radio stations ownedby Cincinnati-based , said the spending is providing a nice boost to balancr sheets that had been battered by the