House subcommittee asks e-cigarette companies to stop advertising

Business

Chairman Raja Krishnamoorthi (D-IL) (L) points to a poster showing similarities between Marlboro cigarette ads and JUUL Vaping paraphernalia, during a House Economic and Consumer Policy Subcommittee hearing that heard testimony on JUUL’s Role in the youth nicotine epidemic, on July 25, 2019 in Washington, DC.

Mark Wilson | Getty Images

A U.S. congressional  panel sent letters to four e-cigarette companies asking for them to halt all television, radio, print and digital advertising  “in the interest of safeguarding the health and well-being of one of our nation’s most precious resources — our youth.”

Rep. Raja Krishnamoorthi, chairman of the House Oversight and Reform committee’s panel on consumer products, sent the letters Wednesday to e-cigarette makers Fontem Ventures, Japan Tobacco International, Reynolds American and NJOY. Krishnamoorthi, D-Ill., runs the committee that oversees consumer product investigations.

“Today, e-cigarette market leader, Juul Labs, announced its decision to cease all print, broadcast, and digital advertisements of e-cigarettes in the United States, effective immediately,” Krishnamoorthi wrote in the letters. “I am writing today to respectfully, but strongly, request your company to do the same.”

Reynolds didn’t immediately have a comment. None of the other companies immediately responded to a request for comment.

On Wednesday, Juul announced it was halting all advertising and replacing CEO Kevin Burns by former Altria executive K.C. Crosthwaite. Altria owns a 35% stake in Juul.

Major media companies including Viacom, WarnerMedia and CBS said they would be dropping e-cigarette advertising as deaths from a mysterious vaping-related illness climb and health regulators around the world pull flavored vaping products off their shelves. WGN America said Monday the network has removed television ads for flavored vaping e-cigarettes and was in the process of reviewing their policy regarding vaping products generally.

Though Juul vowed to suspend its product advertising, other major e-cigarette companies are still advertising on TV. Fontem Ventures-owned Blu, for instance, as of yesterday had spent nearly $3.4 million on TV ads in the prior two weeks on networks including Comedy Central, TNT and AMC, according to media measurement firm iSpot.tv.

Articles You May Like

The founder of the biggest gold ETF is still bullish 20 years later
More young men are struggling financially. Here’s how that helped Trump win
Target shares plunge 20% after discounter cuts forecast, posts biggest earnings miss in two years
NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
Inherited IRA Rules That Can Surprise And Trap Heirs

Leave a Reply

Your email address will not be published. Required fields are marked *