Already struggling financially, Fox News is paying a heavy toll to continue their roll as a Republican propaganda tool. Following the election last November they slid into a panic mode, no longer content to simply slant and distort the news, they allowed their on air staff to engage in outright lies, sleazy anti-American rhetoric and worse. They played to lowest faction of the Republican base, believing they could feed them anything and they would freely lap it up, absent of any efforts to verify the accuracy or truth. While they were correct in judging the actions of the Republican base, they made a strategic error. They failed to consider the effects of push-back.
As efforts were mobilized to organize direct contact with Fox News advertisers, the essential lifeblood of their network, it became an easy campaign. Furnishing advertisers with actual, verifiable quotes from Fox News personalities began to take it's toll. In only a few weeks an exodus was underway as corporations made the business decision to no longer associate themselves with toxic, misleading, hate spewing rhetoric. In economically challenged times, loss of major sponsors is a serious blow, with an absence of quality replacement sponsors. The corporations that have departed Fox News have a wealth of other marketing options and they recognize that it's not in their financial best interest to remain associated with any entity that defines itself in words and actions as little more than an intentional distortion of facts and truth.
By now Fox News recognizes the cost of their official policy. They feel the effects and can understand the cost. What isn't known yet is whether they will "stay the course" and ride their Titanic policy to the bottom, or make a change to civility, ethical reporting, and a respect for differing views and the truth. That also would represent a danger to Fox News, as their Republican base of tin-foil hat wearers could no longer rely on them for their daily dose of hate speech, they might well depart as have major advertisers.
Tough spot they're in, but they created their own mess and now they're grappling to find a way out.
Here's a list of corporations that have made the decision to depart Fox News, and as push-back efforts continue with remaining advertisers there will more that will be added in the weeks ahead.....
Allergan
Ally Bank (GMAC)
Ancestry.com
Applebees
AT&T
Bank of America
Bell & Howell
Best Buy
Binder & Binder
Blaine Labs
Brez Airware
Broadview Security
Campbell's Soup
Clorox
Closing.com
CVS
DirecTV
Dietec.com
Farmers Insurance
FreeCreditReport.com
Geico
General Mills
Health Choice (Conagra)
Johnson & Johnson
Kraft Foods
Lawyers.com
Lowe's
Men's Wearhouse
Nutrisystem
Procor & Gamble
Progressive Insurance
Radio Shack
Re-Bath / Regions
Roche
S.C. Johnson
SAM (Store & Move)
Sanof-Aventis
SpendOnLife.com
Sprint
State Farm
Sargento Cheese
TheElationsCo
Travelers Insurance
Travelocity
Tylenol
UPS
Verizon Wireless
Vonage
Walmart
Source: Democrats.com
As efforts were mobilized to organize direct contact with Fox News advertisers, the essential lifeblood of their network, it became an easy campaign. Furnishing advertisers with actual, verifiable quotes from Fox News personalities began to take it's toll. In only a few weeks an exodus was underway as corporations made the business decision to no longer associate themselves with toxic, misleading, hate spewing rhetoric. In economically challenged times, loss of major sponsors is a serious blow, with an absence of quality replacement sponsors. The corporations that have departed Fox News have a wealth of other marketing options and they recognize that it's not in their financial best interest to remain associated with any entity that defines itself in words and actions as little more than an intentional distortion of facts and truth.
By now Fox News recognizes the cost of their official policy. They feel the effects and can understand the cost. What isn't known yet is whether they will "stay the course" and ride their Titanic policy to the bottom, or make a change to civility, ethical reporting, and a respect for differing views and the truth. That also would represent a danger to Fox News, as their Republican base of tin-foil hat wearers could no longer rely on them for their daily dose of hate speech, they might well depart as have major advertisers.
Tough spot they're in, but they created their own mess and now they're grappling to find a way out.
Here's a list of corporations that have made the decision to depart Fox News, and as push-back efforts continue with remaining advertisers there will more that will be added in the weeks ahead.....
Allergan
Ally Bank (GMAC)
Ancestry.com
Applebees
AT&T
Bank of America
Bell & Howell
Best Buy
Binder & Binder
Blaine Labs
Brez Airware
Broadview Security
Campbell's Soup
Clorox
Closing.com
CVS
DirecTV
Dietec.com
Farmers Insurance
FreeCreditReport.com
Geico
General Mills
Health Choice (Conagra)
Johnson & Johnson
Kraft Foods
Lawyers.com
Lowe's
Men's Wearhouse
Nutrisystem
Procor & Gamble
Progressive Insurance
Radio Shack
Re-Bath / Regions
Roche
S.C. Johnson
SAM (Store & Move)
Sanof-Aventis
SpendOnLife.com
Sprint
State Farm
Sargento Cheese
TheElationsCo
Travelers Insurance
Travelocity
Tylenol
UPS
Verizon Wireless
Vonage
Walmart
Source: Democrats.com