Fox News, as many know, is a far-right news network that doesn’t even try to hide their conservative views. The network is about to hit a major financial bump as 16 advertisers have just pulled their ads away from Bill O’Reilly’s “The O’Reilly Factor.”
The decision from ad companies comes after the wake of a new wave of sexual harassment revelations.
The 16 companies that have drop their ads from “The O’Reilly Factor” are: Mercedes-Benz, Hyundai, BMW of North America, Mitsubishi Motors, Lexus, Constant Contact, Bayer, Ainsworth Pet Nutrition, UNTUCKit, Allstate, Esurance (which is owned by Allstate), T. Rowe Price, GlaxoSmithKline, Sanofi, Orkin, and Wayfair.
BREAKING: Statement from Fox News on the wave of advertisers pulling out of The O'Reilly Factor pic.twitter.com/sBcRqnTwVV
— Tom Kludt (@TomKludt) April 4, 2017
This is bad news for Fox News, as they will be losing billions of dollars in advertising. Bill O’Reilly brought in $416 billion in advertising revenue to the network between 2014 and 2016.
According to PoliticusUSA.com:
“Fox News already lost tons of money when they tried to ignore the Glenn Beck advertiser boycott. If they choose to do so with O’Reilly, it could crush the increasingly struggling network.”
