ABC sells out Oscar ads at record price

ABC has already sold out its ad space ahead of the 87th Academy Awards, and the price is an all-time high.

TV commercials average $2 million per 30-second commercial, a 10 percent hike from last year's $1.8 million. V commercials for the "87th Annual Academy Awards" at another record price. ABC execs revealed all commercial space was bought in the fall of 2014.

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Some of the brands you'll see commercials from include: AT&T, American Express, Netflix, Anheuser-Busch., AARP, Coca-Cola, Coldwell Banker, Comcast, Discover, GM, J&J, King's Hawaiian, Mars, McDonald's, Sprint, Samsung, Sonos and The Walt Disney Co.

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And as TheWrap reported, Best Picture nominees are making their respective cases through trade ads and billboards in Los Angeles.

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