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NBC News says conservatives are celebrating backing Bud Light and others into a corner

We never take NBC News seriously up front, but they’re not necessarily wrong on this one; conservative activists have taken some joy in seeing Bud Light’s stock crater by billions of dollars following the brand’s celebration of Dylan Mulvaney’s 365th day of girlhood. Now we’re watching Target take a hit, and that’s kind of satisfying, too.

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Jo Yurcaba and Daniel Arkin report for NBC OUT:

But several mainstream brands have publicly supported LGBTQ people for years. So what’s different now? Advocates and marketing experts say it’s the growing power of a vocal minority of far-right political commentators, conservative politicians and religious legal groups, which have led the calls to boycott the companies while these right-wing groups and individuals also support a historic wave of state legislation that seeks to restrict LGBTQ rights.

The firestorm around these brands stems in part from efforts made by corporations to be more inclusive. In recent years, against a backdrop of growing cultural visibility for historically marginalized communities, consumer-focused companies have increasingly featured LGBTQ people in advertising, marketing and other public-facing initiatives, such as Pride events.

Of course, major companies also saw a clear capitalist incentive: LGBTQ people in the U.S. collectively represent roughly $900 billion in annual purchasing power, according to a 2019 report from LGBT Capital, a financial services company.

That hasn’t made them immune to backlash that has been intensified in part by internet-fueled conspiracy theories and a wave of anti-LGBTQ bills in statehouses.

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So who are these experts that NBC News consulted? Why, Ari Drennen of Media Matters, of course.

What’s different now is so very, very simple, and yet NBC News doesn’t get it: They got the kids involved.

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Only two days until all the corporations swap out their logo avatars for rainbow versions (except in the Middle East).

But gays weren’t even allowed to get married 20 years ago! And yet you still elected both Barack Obama and Joe Biden, both of whom opposed same-sex marriage.

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