Elon Musk urged his followers to cancel their Netflix subscriptions citing concerns over content featuring transgender themes, amid ongoing cultural debates and criticism of Netflix's programming. Musk's call to action follows his own cancellation of Netflix and is part of broader online boycotts influenced by political and social issues. The move has sparked increased interest in Netflix cancellations and discussions about content and free speech.
Bud Light sales continue to decline following a transgender controversy, and price wars may be on the horizon for Anheuser-Busch. The company's stock price has also taken a hit.
Anheuser-Busch's distributors met in St. Louis to discuss changes being made after the Bud Light transgender controversy. Market analysts report Bud Light sales are still down more than 20% for the past month, and boycotts appear to be driving down sales of fellow Anheuser-Busch brands. Anheuser-Busch executives needed to address core customers more directly and much earlier about the issue, according to a business professor. Anheuser-Busch and its distributors have also sent letters to bars and other retailers explaining the situation.
Grills Seafood Deck & Tiki Bar, a popular restaurant in Central Florida, has stopped selling Bud Light after the beer received backlash for partnering with a transgender TikTok influencer during March Madness. The owner of the restaurant, Joe Penovich, confirmed that the decision was made because of their support of something that is in direct opposition to their Biblical faith. Anheuser-Busch, the brewing company that owns Bud Light, released a statement saying they never intended to be part of a discussion that divides people.
