Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Street
The Street
Daniel Kline

Forget Kid Rock: Bud Light faces a new outrage

Bud Light has had a rough few months.

The Anheuser-Busch (BUD) -) brand has become the target of right-wing boycotts after it made two marketing missteps. The first, highlighted by the singer-songwriter Kid Rock in a now infamous social-media post, involved the former top-selling beer in the world partnering with the transgender social-media influencer Dylan Mulvaney.

DON'T MISS: Iconic American retailer reportedly ready to file bankruptcy

The beer brand didn't hire Mulvaney for a splashy TV ad or even a major digital campaign. It sent her some cans with her face on them and paid her to post to her social-media accounts. In theory, the partnership was about getting more members of the LGBTQ+ community to try Bud Light.

Most of the time that promotion would have gone unnoticed, aside from Mulvaney's fanbase, which likely has little overlap with the core Bud Light drinker base. 

But Rock posting a video of himself shooting up cases of the beer changed that.

Bud Light also suffered a second, more self-inflicted, wound when its marketing vice president, Alissa Heinerscheid, on a podcast called the brand's customers "fratty." 

That double-edged sword angered the brand's fanbase and led to the boycott, which saw Bud Light lose nearly 30% of its sales. Now, the Anheuser-Busch brand faces a new backlash, except this time the story behind it is literally not true.

Bud Light was once the best-selling beer brand in the U.S.

Image source: Shutterstock

Bud Light gets backlash over fake spokesperson scandal

When the Bud Light scandal first broke, a number of celebrities, mostly country singers, aggressively went after the brand. Travis Tritt and John Rich (of Big & Rich fame) made comments about having the beer removed from their tour riders and not selling it at their bars.

Country legend Garth Brooks took the opposite tack, making clear that his in-construction Nashville bar would sell Bud Light and welcome LGBTQ+ customers.

The beer brand simply kept trying to operate as if nothing had happened. 

Apologizing for the Mulvaney promotion would have required the brand to say that reaching out to the LGBTQ+ community was somehow wrong. So, the company put out commercials with football players and went back to posting its normal content on social media (all of which was met with mocking and often hateful/transphobic comments).

Now, the brand faces a new right-wing backlash over reports that it hired "The View" co-host Whoopi Goldberg as the new brand ambassador for Bud Light. 

Picking the talk-show host, who is an outspoken liberal, would have been an odd choice for Anheuser-Busch, but the company never actually made that call as the stories reporting it -- picked up by multiple websites -- were made up.

Fake Bud Light assertion is easily debunked

The original post, which appeared on a website called USA World News, reported the following opening paragraph.

"In an already tumultuous year for Bud Light, the brand finds itself in another quandary. Only days after announcing Whoopi Goldberg as their new brand ambassador in an audacious attempt to revive flagging sales, the beer giant is now reporting a staggering loss of billions in market value," the not-a-real-news site reported.

The article was picked up by a slew of other sites that are not exactly mainstream media, including lajthiza.info, usacommunity.live, moralstory.press, and others.

Yahoo UK, which truly is mainstream, reported that a "search of Facebook showed that users were placing blind faith in the article, despite the fact that a quick Google search for this supposedly 'breaking' story produced zero results from any credible news websites.

"Variations of the phrase "Go woke, go broke" turned up in the comments of several Facebook posts."

USA World News, which calls itself "USA New's" in its header, appears to aggregate entertainment news stories while occasionally making up its own "news." The Goldberg story, which reported that "Bud Light’s market value plummeted drastically within days of the announcement," can also easily be fact-checked and debunked.

The article first appeared on Aug. 25. A quick check of Anheuser-Busch's stock price over the past five days shows that the company's share value has actually increased. Over the past six months, the company's stock has dropped by about 6%. 

Sales of Bud Light, however, remain well below traditional levels.

Get exclusive access to portfolio managers and their proven investing strategies with Real Money Pro. Get started now.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.