Rush Limbaugh Scandal Proves Contagious for Talk-Radio Advertisers (Update:98 major sponsors banning [View all]
Ninety-eight major advertisersincluding Ford and Geicowill no longer air spots on Premiere Networks offensive programs. Insiders say the loss will rock right-wing talk radio.
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Rush Limbaugh made the right-wing talk-radio industry, and he just might break it.
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This is big. According to the radio-industry website Radio-Info.com, which first posted excerpts of the Premiere memo, among the 98 companies that have decided to no longer sponsor these programs are carmakers (Ford, GM, Toyota), insurance companies (Allstate, Geico, Prudential, State Farm), and restaurants (McDonalds, Subway). Together, these talk-radio advertising staples represent millions of dollars in revenue.
Valerie Geller, an industry insider and author of Beyond Powerful Radio, confirmed the trend. I have talked with several reps who report that they're having conversations with their clients, who are asking not to be associated with specifically polarizing controversial hosts, particularly if those hosts are mean-spirited. While most products and services offered on these shows have strong competitors, and enjoy purchasing the exposure that many of these shows and hosts can offer, they do not wish to be tarred with the brush of anger, or endure customer anger, or, worse, product boycotts.
Read it all and enjoy:
http://www.thedailybeast.com/articles/2012/03/10/rush-limbaugh-scandal-proves-contagious-for-talk-radio-advertisers.html
And to those who would complain about yet another Limbaugh-related post, please get a grip. We are FINALLY making a difference!