P&G, Progressive Pull Ads From Glenn Beck's Fox Show After "Obama Is Racist" Remarks

(MoneyWatch)  Fox is proving uniquely sensitive to advertising boycott campaigns this summer. Three major advertisers -- LexisNexis-owned Lawyers.com, Procter & Gamble and Progressive Insurance -- all abandoned Glenn Beck's Fox News Channel show after he called President Obama a racist (video below).

The move comes after Fox axed host Steven Cohen from Fox Soccer Channel because Cohen repeatedly -- and incorrectly -- blamed Liverpool F.C. supporters for the death of 96 fans in a stadium crush, at one point singing, "Murderers, murderers." At least four advertisers, including Heineken, withdrew support from Cohen's shows.

On FNC, Beck said he believed the president has:

... a deep-seated hatred for white people ... I'm not saying he doesn't like white people, I'm saying he has a problem. This guy is, I believe, a racist.

Don't weep for Fox, though. P&G et al didn't go very far:

A Fox News spokesperson told TVNewser that the advertisers simply moved their spots from Beck to other programs on the network, "so there has been no revenue lost."

The remaining Beck advertisers are subject to an ongoing boycott campaign by Color of Change. Here's the protest form that will be delivered to advertisers who continue to buy time on Beck.

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• Fox Axes Host in Ad Boycott Over Soccer Stadium Deaths