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Fortune
Fortune
Richard Torrenzano

Spending $10 million on a Super Bowl ad…is like buying a giant billboard that faces the wrong way

(Credit: Gregory Shamus/Getty Images)

By late fall, Fox sold out advertising spots for Super Bowl LIX, set for Feb. 9 at the Caesars Superdome in New Orleans.

Months before the teams (the Philadelphia Eagles and Kansas City Chiefs) were set or the halftime show headliner (Kendrick Lamar) announced, companies were committing a staggering $7 million for just 30 seconds of airtime. With more than 90 ads airing during the Super Bowl, most running 30 seconds and a few stretching to 60, it’s a high-stakes race for attention on the biggest advertising stage of the year.

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