Michael Bloomberg buys $19 million in ads before even announcing presidential run

Michael Bloomberg is presumably running for president.
The billionaire and former New York City mayor announced earlier this year that he wasn't running for president, and he hasn't said anything to indicate he's changed his mind. And yet his filing with the Federal Election Commission as a 2020 candidate and, now, a $19 million ad buy across the U.S., suggests a reversal is imminent.
Bloomberg has been scooping TV ads across the U.S., spending at least $19 million in more than 25 markets as of Friday afternoon, CNBC reports. They include massive buys in California, Massachusetts, Colorado, and other states that come after the first four contests on the 2020 primary schedule. The biggest hits come in Los Angeles and Chicago, where he's spent more than $700,000, and there's also a large buy in the Florida market that includes President Trump's Mar-a-Lago resort.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Bloomberg missed the deadline to file for the New Hampshire primary, and these ad purchases seem to solidify that he's going to skip the early primary and caucus states altogether. The ads will run from Nov. 25–Dec. 3, and are just a fraction of the $100 million digital campaign Bloomberg is said to embark on in his middleground run for president.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Kathryn is a graduate of Syracuse University, with degrees in magazine journalism and information technology, along with hours to earn another degree after working at SU's independent paper The Daily Orange. She's currently recovering from a horse addiction while living in New York City, and likes to share her extremely dry sense of humor on Twitter.
-
Supreme Court rules against Trump on aid freeze
Speed Read The court rejected the president's request to freeze nearly $2 billion in payments for foreign humanitarian work
By Rafi Schwartz, The Week US Published
-
'If you keep people permanently unhappy, you cannot have a stable society'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
The Nare Hotel: a charming hideaway on the Cornish coast
The Week Recommends Upgrade your classic seaside holiday at this five-star country house hotel
By Theo Tait Published
-
Supreme Court rules against Trump on aid freeze
Speed Read The court rejected the president's request to freeze nearly $2 billion in payments for foreign humanitarian work
By Rafi Schwartz, The Week US Published
-
Trump touts early wins in partisan speech to Congress
Speed Read The president said he is 'just getting started' with his sweeping changes to immigration, the economy and foreign policy
By Peter Weber, The Week US Published
-
Trudeau blasts Trump's 'very dumb' trade war
Speed Read Retaliatory measures have been announced by America's largest trading partners following Trump's tariffs on Canada, Mexico and China
By Rafi Schwartz, The Week US Published
-
Trump pauses military aid to Ukraine after public spat
Speed Read Trump and J.D. Vance berated Volodymyr Zelenskyy for what they saw as insufficient gratitude
By Peter Weber, The Week US Published
-
Trump's Mexico and Canada tariffs begin, roiling markets
Speed Read Stocks plunged after Trump affirmed that the tariffs would take effect, sparking a likely trade war
By Rafi Schwartz, The Week US Published
-
Judge tells White House to stop ordering mass firings
speed read The ruling is a complication in the Trump administration's plans to slash the federal workforce
By Peter Weber, The Week US Published
-
Trump vows 25% tariffs on EU at Cabinet meeting
Speed Read The tariff threats serve to enhance a growing suspicion that the president views Europe as an adversary, not an ally
By Peter Weber, The Week US Published
-
Trump proposes 'gold card' visas for rich immigrants
speed read The president claimed the US will begin selling $5 million visas offering permanent residency
By Peter Weber, The Week US Published