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Corporate Support for Pride Plummets Amid Backlash

Corporate Support for Pride Plummets Amid Backlash

June 3, 2025

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  • Major corporations are scaling back support for Pride Month amid pressure from the Trump administration and public backlash.
  • A Gravity Research survey reveals 39% of companies intend to reduce engagement, affecting sponsorships and merchandise.
  • Retailers like Target and Anheuser-Busch have pulled out of Pride events, causing budget shortfalls for organizers.
  • Pride festivals are experiencing a decline in corporate sponsorships, leading to event cutbacks.
  • This trend indicates a cultural shift and increasing public fatigue with corporate activism.

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