I saw the video before it was removed. It was not a photoshop job. The graphics person at that station apparently went looking on the Internet for a graphic to use for their OTS, and this is what they found:
Apparently they used it without actually reading it.
The line is a reference to a Chris Rock routine in which he's talking about how addictive Krispy Kreme donuts are. He suggests that they're like crack and says Krispy Kreme should use that as part of their add campaign: "Krispy Kreme. So good, you'll suck a dick."
The video didn't stay up for very long at all before the embarrassed station management had it pulled.