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* FedEx Corp. said it is temporarily pulling its popular “Wizard of Oz” TV ad because of criticism of the ad’s portrayal of Munchkins inhaling helium to raise their voices. Advertising Age magazine said FedEx had received complaints regarding the ad from the National Inhalant Prevention Coalition, which is trying to counter teen use of inhalants to get high. The group also enlisted the help of the National PTA and the Partnership for a Drug-Free America, the report said. “We’re looking at our options to revise the spot. While that’s under consideration, we’ve moved it out of our scheduled [ad] rotation,” said Carla Boyd, a FedEx spokeswoman. The ad made its debut during the Super Bowl and was one of the most popular spots, surveys showed. It was created by ad agency BBDO Worldwide, a unit of Omnicom Group. (Reuters)

* Smith Corona Corp. said it hired Deloitte & Touche to advise it on its options, including a possible sale of the company. The marketer of office products said its fiscal second-quarter loss narrowed to $3.6 million, or $1.14 a share, from $6.25 million, or $2.10, a year ago. But revenue plunged 43% to $7.61 million.

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