Posted on 08/03/2012 3:38:07 PM PDT by markomalley
During the height of the Rush Limbaugh/Sandra Fluke controversy in March, software company Carbonite announced it would no longer sponsor the conservative radio host. As CEO David Friend said at the time:
No one with daughters the age of Sandra Fluke, and I have two, could possibly abide the insult and abuse heaped upon this courageous and well-intentioned young lady. Mr. Limbaugh, with his highly personal attacks on Miss Fluke, overstepped any reasonable bounds of decency. Even though Mr. Limbaugh has now issued an apology, we have nonetheless decided to withdraw our advertising from his show. We hope that our action, along with the other advertisers who have already withdrawn their ads, will ultimately contribute to a more civilized public discourse.
Liberals touted the action as proof that Limbaugh was becoming toxic and his show was in danger. So how has dumping Limbaugh worked out for Carbonite? Not so well. Turns out alienating Rushs fans may have been more damaging than alienating his critics. As the blog Legal Insurrection noted today:
On August 1 Carbonite released its 2d Quarter 2012 results, the first full quarter after dropping Limbaugh in March. The results shocked Wall Street, as Carbonite did not meet its growth targets, causing multiple analysts to drop the target price. The stock dropped 15% in a day.
Whats more, in a conference call, Friend linked the decline to the Limbaugh action:
Yeah, Id say it turned out to be a bigger issue than we had anticipated. Because you know at the time there was a lot of noise, I mean we had a huge spike in web traffic around that time just because of all the interest in the whole subject. And it took close to a month for that to sort of die down. And meanwhile our metrics were, we really couldnt see what was going because there was so much noise around the website that we had no idea what the ultimate impact was going to be. It turned out to be a bigger hole in our revenue than we had thought when we initially did this.
Friend added that he was not regretful of the decision. I think things would have been worse had we not done that. Legal Insurrections William Jacobson calls that laughable adding: Its too convenient now to say things would have been worse, when Friend completely misjudged the impact of dropping Limbaugh.
If I were a shareholder I’d be all over the board of directors to terminate this guy.
This is one time the stupid liberals should have let a crisis go to waste. They never learn.
Create a crisis, run with the crisis, come up with an answer to the phony crisis to make yourself look caring. Sorry, you only have two feet and they have shot themselves in both of them.
Must be a Dem, they always compound errors by lying about them. Such lies are a sporting event with them.
.
Fluke’s a “dude” ~ (s)he has a billionaire boyfriend and he’s proving that money can do anything.
Same here
Outstanding.
I could have respected the decision the pull out if it had been based on principle. Clearly it wasn’t.
With a market cap of only $214 mil Carbonite won’t be around much longer.
I dropped every one of the sponsors who cancelled, except Carbonite. I could not find a suitable replacement before my renewal date. I have about 10 months to go before my next one, and plan to dump it by then.
Yeah yet she wanted government $$$ for her contraception.
What a farce. I’m ashamed of this country’s politics...sewer.
LOL!!!!
So am I, and I will not renew. "Team Viewer" seems to be an acceptable alternative, and it's free. I will have to send a regular email to myself, in order to keep track of my web address, but it hasn't changed in four months, so it won't be much of a problem.
(S)he had absolutely no personal idea of what things in that category cost.
Dittos!
If the head honcho could make the assertion that dropping his largest radio advertising program wouldn't affect his sales... isn't he admitting that the spending itself was wasteful, as it wasn't intended to generate sales? That doesn't look like a smart admission to be implying.
piss on that scam anyway.
My husband had an account with Pro Flowers and hasn’t ordered from them since the Fluke ordeal. Lucky for me as I don’t have to get flowers in a box! LOL!
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