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choie

(5,520 posts)
Wed May 21, 2025, 12:57 PM May 21

Nervous Corporate Sponsors Retreat from New York Pride

Includes Target, Mastercard, Nissan and Garnier. The level of cowardice is stupifying

Snip:

About 25 percent of corporate donors to New York Pride have canceled or scaled back their support, citing economic uncertainty and fear of retribution from the Trump administration.

Roughly one quarter of the corporate donors to New York City’s annual Pride festivities have either canceled or scaled back their support this year, citing economic uncertainty and fear that the Trump administration could punish corporations it viewed as supporting a celebration of gay and transgender rights.

Almost all the biggest donors to last year’s celebration have pulled back, and the retreat has been seen at all levels of sponsorship, according to a spokesman for Heritage of Pride, which produces the events. That has posed a fresh challenge to the organization, which has operated at a significant financial loss since before the pandemic.

Roughly one quarter of the corporate donors to New York City’s annual Pride festivities have either canceled or scaled back their support this year, citing economic uncertainty and fear that the Trump administration could punish corporations it viewed as supporting a celebration of gay and transgender rights.

Almost all the biggest donors to last year’s celebration have pulled back, and the retreat has been seen at all levels of sponsorship, according to a spokesman for Heritage of Pride, which produces the events. That has posed a fresh challenge to the organization, which has operated at a significant financial loss since before the pandemic.

https://www.nytimes.com/2025/05/21/nyregion/nyc-pride-sponsors-trump-tariffs.html

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