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Bud Light

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NFL fines for 'beer chugs' spark backlash as Bud Light mocks $37k total penalty
sports13 days ago

NFL fines for 'beer chugs' spark backlash as Bud Light mocks $37k total penalty

The NFL fined three players over $37,000 for miming drinking a beverage, drawing sharp criticism from fans and Bud Light, the league's official beer sponsor. 49ers fullback Kyle Juszczyk, whose wife mocked the penalty on social media, was fined $14,926 for a gesture he says honors his nickname 'Juice.' Colts guard Matt Goncalves and Cowboys tight end Jake Ferguson also received fines for similar celebrations. The league's crackdown on 'offensive' celebrations clashes with its heavy reliance on alcohol and gambling advertising, prompting Bud Light to tweet a sarcastic response referencing the exact fine total.

via Fox News|
#bud-light#jake-ferguson#kyle-juszczyk
Bud Light Ends Dustin Poirier Sponsorship After Airport Arrest
sports2 months ago

Bud Light Ends Dustin Poirier Sponsorship After Airport Arrest

Bud Light terminated Dustin Poirier’s sponsorship after a Georgia airport incident that began as public drunkenness and was later shown in body-camera footage; Poirier apologized, said he’s dealing with mental-health struggles since retirement and that he isn’t someone who can drink responsibly, and noted the loss of several hundred thousand dollars from the deal. While he retains other sponsors and has support from peers, Bud Light’s decision ends the longtime partnership; Strickland had urged the brand to stand by him, but the sponsor chose to part ways.

via MMA Mania|
#airport-arrest#bud-light#dustin-poirier
Poirier: Bud Light ended sponsorship after arrest as he pursues sobriety
sports2 months ago

Poirier: Bud Light ended sponsorship after arrest as he pursues sobriety

Dustin Poirier says Bud Light terminated his endorsement immediately following his public drunkenness arrest in Atlanta, a loss he acknowledges but one that aligns with his push toward sobriety; he has apologized for the incident, criticized promoting alcohol, and noted his family loses out on the remaining deal money as he focuses on cleaning up his act.

via MMA Fighting|
#bud-light#dustin-poirier#sobriety
Bud Light Faces Another Setback
business1 year ago

Bud Light Faces Another Setback

Bud Light has lost its position as the most popular beer on tap in the US, overtaken by Michelob Ultra, another Anheuser-Busch InBev brand. This shift follows a boycott of Bud Light after a controversial Instagram post and reflects changing consumer preferences towards Michelob Ultra's health-conscious image. Despite Bud Light's efforts to regain market share, Michelob Ultra's strategic marketing and sponsorships have bolstered its popularity, leading to increased sales and draft availability.

via CNN|
#anheuser-busch-inbev#beer-sales#bud-light
Post Malone Drops Surprise Nashville Concert, Announces Country Album with Blake Shelton
entertainment2 years ago

Post Malone Drops Surprise Nashville Concert, Announces Country Album with Blake Shelton

Post Malone will perform a free, exclusive Bud Light-sponsored concert in Nashville on July 16 to promote his upcoming album "F-1 Trillion," set for release on August 16. Fans can enter to win tickets by messaging Bud Light on social media. Malone's recent collaborations with country artists and his hit single "I Had Some Help" highlight his growing presence in the country music scene.

via Tennessean|
#bud-light#concert#country-music
Kid Rock Moves on from Bud Light Feud, Sets Sights on New Targets
entertainment2 years ago

Kid Rock Moves on from Bud Light Feud, Sets Sights on New Targets

Kid Rock has moved on from his feud with Bud Light and is now targeting Planet Fitness, Ben & Jerry's, and Target for potential right-wing outrage. He criticized Planet Fitness for an incident involving a transgender member and called out Ben & Jerry's and Target for unspecified reasons. Despite claiming not to want to harm people's jobs, he continues to identify new targets for criticism.

via The Daily Beast|
#ben-and-jerrys#bud-light#controversy
Altria Plans $2 Billion Sale of Beer Shares
business2 years ago

Altria Plans $2 Billion Sale of Beer Shares

Altria plans to sell $2.3 billion worth of its stake in Anheuser-Busch InBev to buy back its own stock, with the option to sell an additional 5.25 million shares. The move reflects confidence in ABI's long-term strategies, global brands, and management team. AB InBev will buy $200 million of the stock Altria is selling, and analysts believe the brewer's deleverage plans will allow for more stock buybacks in the future. Anheuser-Busch InBev's U.S. business has been impacted by declining Bud Light sales, but its global business remains unaffected. Altria stock rose 1% following the announcement.

via MarketWatch|
#altria#anheuser-busch-inbev#bud-light
"Bud Light's Sales Plummet Over $1 Billion After Dylan Mulvaney Partnership Backlash"
business2 years ago

"Bud Light's Sales Plummet Over $1 Billion After Dylan Mulvaney Partnership Backlash"

Anheuser-Busch, the parent company of Bud Light, reportedly lost over $1 billion in revenue in North America after facing boycotts from conservatives due to its partnership with trans-identifying influencer Dylan Mulvaney. The company's organic revenue dropped $1.4 billion, with much of the decline attributed to the controversial marketing partnership. Sales of Bud Light plummeted, leading to layoffs and the departure of top marketers. The company also faced a legal battle over whether Mulvaney's promotion of beer complied with industry standards, prompting a review by the Beer Institute and the revision of advertising guidelines for social media influencers.

via The Daily Wire|
#anheuser-busch#bud-light#business
Anheuser-Busch InBev's $1 Billion Sales Hit from Bud Light Backlash
business2 years ago

Anheuser-Busch InBev's $1 Billion Sales Hit from Bud Light Backlash

Anheuser-Busch InBev, the parent company of Bud Light, suffered a significant sales decline of over $1 billion in 2023, largely attributed to a controversial advertisement featuring transgender influencer Dylan Mulvaney. The boycott against Bud Light led to a 15% volume decline in North America, impacting revenue and causing repercussions for employees and distributors. Despite this, the company still turned a profit, but its US business growth potential was constrained. Modelo Especial, produced by Constellation Brands, has since surpassed Bud Light as the nation's best-selling beer, while conservative backlash has led to the rise of "woke-free" beer brands like Conservative Dad's Ultra Right Beer.

via New York Post |
#anheuser-busch#bud-light#business
"Bud Light's Impact: Anheuser-Busch InBev's Q4 Earnings and Sales Decline"
business2 years ago

"Bud Light's Impact: Anheuser-Busch InBev's Q4 Earnings and Sales Decline"

Anheuser-Busch InBev's U.S. revenue dropped 17.3% in the fourth quarter, largely due to a decline in Bud Light sales following a controversial partnership with transgender influencer Dylan Mulvaney. Despite beating sales estimates globally, the company's U.S. business continues to suffer, with Bud Light facing backlash and a boycott from conservative influencers and celebrities. Efforts to rehabilitate the brand's image have had limited success, and Bud Light lost its title as the bestselling beer in the U.S. to Constellation Brand's Modela Especial.

via Fox Business|
#anheuser-busch-inbev#bud-light#business
"AB InBev's Profit Rebounds Despite Bud Light Boycott Impact"
business2 years ago

"AB InBev's Profit Rebounds Despite Bud Light Boycott Impact"

Anheuser-Busch InBev, the parent company of Bud Light, turned a profit in its fourth quarter and fiscal 2023 results, despite a 2.6% decline in volume and a 17.3% drop in US revenue due to poor performance of Bud Light. The company narrowly avoided a strike at 12 US breweries by reaching a tentative agreement with the Teamsters, which includes improved wages, healthcare, and retirement benefits. The company is focusing on doubling down on beer and expects EBITDA to grow between 4-8% in 2024, while also contending with changing consumer preferences and competition from Mexican import beers.

via Yahoo Finance|
#anheuser-busch-inbev#beer-market#bud-light
"Anheuser-Busch InBev Overcomes Bud Light Boycott and Strikes to Turn Profit"
business2 years ago

"Anheuser-Busch InBev Overcomes Bud Light Boycott and Strikes to Turn Profit"

Anheuser-Busch InBev may have lost over $1.4 billion in sales due to a boycott of Bud Light following a partnership with a transgender influencer. The backlash led to a decline in Bud Light sales in the United States, causing a significant drop in revenue for the company's US business. Despite reporting record revenues, the company's performance in North America was hindered by the boycott, with Bud Light losing its long-held title as America's top-selling beer to Modelo Especial. However, there was some positive news as the company reached a tentative agreement with the Teamsters union in the United States, averting a strike, and saw gradual improvement in its US beer market share.

via CNN|
#anheuser-busch-inbev#boycott#bud-light