Pride Month used to be a staple on the marketing calendar. Brands would make rainbow versions of their logos, roll out audacious campaigns, and loudly participate in Pride celebrations—sometimes so enthusiastically that they’d face accusations of pinkwashing or rainbow-washing. How quickly things can change. In the last couple of years, corporate support for Pride Month has gone from loud and proud to barely a whisper, following pushback from right-wing activists and the actions by President Donald Trump early in his second term to discourage companies’ diversity, equity, and inclusion efforts. Those actions had a direct effect on NYC Pride, which attracts millions of attendees and is generally considered to be the largest pride event in the world. “Last year was a tough year for us,” Im Lynde, executive director of NYC Pride, told Marketing Brew. “When the administration told our corporate supporters that they should not support any DEIA initiatives, any woke initiatives, any LGBTQIA+ initiatives, we lost more than $750,000 of our usual support last year. So that was rough.” So far this year, NYC Pride has “just shy of 90” corporate sponsors, Lynde said, noting that those aren’t all major corporations, as the nonprofit counts local and regional businesses in that number. The nonprofit anticipated that corporate sponsorship support would be down, which meant a “more conservative estimate” of its budget and cutting back on more expenses so that it could continue putting on the Pride March, PrideFest, and Youth Pride events, Lynde explained. “We are funding joy,” Lynde said. “We’re funding this celebration. Even though we are still protesting, and we’re angry about what’s happening in the world, we can still be angry on Pride, but we also are showing resistance that we will always be here. We will continue the fight.” Continue reading here.—KM |
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