Companies are pulling advertisements from “The O’Reilly Factor” because sexual harassment allegations probably aren’t great for business.
Twenty-two companies have now decided to drop the Factor, with the latest jumping ship is Coldwell Banker. Allstate, Mercedes-Benz, Hyundai and Mitsubishi have previously issued statements saying their ads will no longer air during O'Reilly's show.
Fox issued a statement regarding the dropped business saying: "We value our partners and are working with them to address their current concerns about 'The O’Reilly Factor.' At this time, the ad buys of those clients have been re-expressed into other FNC programs."
Last weekend, the New York Times published a story that five women received settlements from Fox News amounting to more than $13 million after accusing Bill O’Reilly of sexual misconduct. For many people, one accusation is one too many, so the fact that O’Reilly is facing multiple does not look good for the Fox News figure.