Disney paid ABC $10M to show ‘The Little Mermaid’ teaser at 2023 Oscars

nypost.com:

Sunday’s Academy Awards ceremony when a teaser clip of the live-action version of “The Little Mermaid” aired during the telecast.The two-minute-long trailer debuted when the film’s stars Melissa McCarthy and Halle Bailey presented it onstage at the Dolby Theatre.Disney is said to have forked over $10 million to unveil the ad during the ABC broadcast, according to IndieWire — much higher than the cost of a 30-second spot which runs “between $1.6 million and $2.1 million.”ABC is a flagship property of Disney, but the House of Mouse actually paid the network $10 million to show the “Little Mermaid” ad spot during the Oscars. “Actual money actually changed hands,” the outlet reported, with a source saying the media companies are generally treated like “church and state.”According to Variety, Disney sold all of its ad spots — typically 60 to 70 commercial slots — for between $1.6 million and $2.1 million.“The Little Mermaid” used five 30-second spots for the trailer which is why it cost about three times as much for the Oscars sneak peek, an insider told IndieWire.Pfizer, Sony, Starbucks, Rolex and Verizon are among the brands which bought commercial time during the 2023 Academy Awards.Elsewhere in the show, Morgan Freeman and Margot Robbie also presented a 90-second Warner Bros.