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The advertiser boycotts, however, are likely manageable for Fox, said Pivotal Research Group analyst Brian Wieser in a note Tuesday. Wieser noted some advertisers had already decided to stay away following the sexual harassment scandals of the network's departed head, Roger Ailes, and newly concerned companies will wind up on other Fox News programs. Even if O'Reilly were forced to leave the network if the scandal broadened, the channel's brand is bigger than its hosts, he said. Larry Chiagouris, a Pace University marketing professor, predicts that while a bevy of advertisers are dropping out of the show, they'll just be replaced by other advertisers who can negotiate for a better ad deal. "For interim period, maybe as much as a year, that show will not generate as much in the way of profits for Fox as it did before," he said. "But it will gradually come back to where it was before because he is so popular," as long as there are no other scandalous developments, he said. Companies pulling ads Tuesday were automaker Mitsubishi, personal finance site Credit Karma, drugmaker Sanofi, pet food company Ainsworth, men's shirt seller Untuckit, and online marketing firm Constant Contact. They joined Mercedes Benz, which said Monday it was backing away from O'Reilly's show. Hyundai said it has no current ads on The O'Reilly Factor, but it pulled spots on future episodes. The automaker said it wants to partner with companies and programming that share its values of inclusion and diversity. BMW said it suspended advertising on the show due to the recent allegations, as did T. Rowe Price, Sanofi, Ainsworth and Constant Contact. Allstate said support for women is a company value and it had also suspended advertising on the show. GlaxoSmithKline said it had "temporarily put a hold" on ads on O'Reilly's show while it reviews the situation. A Mercedes-Benz spokesman said Monday night that the company had pulled ads from O'Reilly's show and reassigned them to other Fox News shows. Sanofi and Untuckit have the same plan. BMW said it wasn't sure where it would place its ads instead.
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