Moody's reports that 2014 election ad revenue for broadcasters will fall from the 2012 election haul. Moody's Senior Credit Officer Carl Salas tells TheStreet's Joe Deaux that the agency doesn't expect local broadcasters to bring in more than $2.6 billion. Moody's says since 1980 this will be just the second revenue drop during a non-recession year from a prior election cycle. Salas says Moody's expects 2016 to post a new record as Super PACs beef up for the presidential election.

If you liked this article you might like

Comcast Dodges Big Social, Moves Watchable In-House

Rolling Stone Stake Could Fetch as Much as $80 Million

Hulu Threatens Landmark Networks With Prestigious Emmy Win

Weekend Box Office: 'Mother!' Flops With F Rating, 'It' Smashes Records

Why Entercom Communications Is a Buy: Cramer's Top Takeaways