Glenn Beck's Obama "Racist" Comments Cost Him Advertisers
Fox News' Glenn Beck is feeling the consequences of his controversial comments on the July 28 episode of "Fox and Friends," when he said that Barack Obama was a "racist" who had a "deep-seated hatred for white people or the white culture."
According to TVNewser, Beck advertisers Procter and Gamble, Lawyers.com and Progressive Insurance have all pulled their ads from Beck's 5PM ET show. This comes in the wake of groups like ColorOfChange.org's efforts to get companies to distance themselves from Beck.
Fox News told TVNewser that the advertisements were simply moved to other time slots on Fox News, and thus had no effect on the network's revenue (which, incidentally, was a bright spot in News Corp's otherwise dismal earnings).
Watch Beck's original comment's here.