Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Budweiser attempts rebranding starting with Super Bowl ads By: FOX Business January 30, 2024 at 20:13 PM EST Anheuser-Busch announced that it purchased a few minutes of ad space that will air during Super Bowl 58 to address the brand's declining sales. Following a rocky year of bad press and declining sales, Anheuser-Busch is going back to basics for its Super Bowl LVIII ads with a focus on patriotism and humor, FOX Business has learned.TROPICANA LAS VEGAS CEASING OPERATIONS THIS SPRING TO MAKE WAY FOR NEW BALLPARKAnheuser-Busch, a unit of the AB InBev adult beverage conglomerate, has announced that it purchased 2½ minutes of ad space spread across three separate slots that will air during the Super Bowl on Feb. 11, marketing its top beer brands: Bud Light, Budweiser and Michelob Ultra. It will feature sports stars, Clydesdale horses, and humorous characters from prior ad campaigns including, according to one company insider, a genie.What hasn’t been announced is the company’s strategy to return to old themes that have been successful in previous years. According to a person with knowledge of the matter, the company is looking to underscore both patriotism and humor in the ads — a stark contrast to the social media spots posted by Anheuser-Busch’s former influencer, the controversial transgender activist Dylan Mulvaney, that led to a boycott of Bud Light, and falling sales that continue to this day.TEXANS' CJ STROUD 'TRYING TO BRING THE HEAT' WITH BUFFALO WING RIVALThe company is looking to use the Super Bowl — the most-watched American TV broadcast which boasted over 115 million viewers last year — to repair its image.Company officials are hoping the rich ads spent during the Super Bowl will be a turning point in the decline of what was once one of America’s most iconic brands. It all began in April 2023, when Mulvaney posted two promotional videos, one which showed her sipping Bud Light in a bubble bath, the other drinking the beer while dressed up as Audrey Hepburn’s famous character Holly Golightly from "Breakfast at Tiffany’s."The videos sparked a huge backlash from Budweiser’s traditional customer base, who felt the company was channeling progressive politics in its messaging. Budweiser immediately cut ties with Mulvaney, but the fallout remains with Bud Light sales to retailers falling 17%, according to its latest earnings report.Late last year, Publishers Clearing House Consumer Insights surveyed 5,000 people and found that 54% were aware of the Mulvaney campaign misfire.HOW TARGET, BUD LIGHT TURNED OFF LOYAL CUSTOMERS IN 2023According to an Anheuser-Busch press release, Budweiser’s ad slot will feature the famous Clydesdale horses that have long been associated with the beer. Anheuser-Busch says the Clydesdale ad aims to represent "resilience, determination and coming together over a beer."One source familiar with the ad campaign says Anheuser-Busch plans to rely on humor for its Bud Light ad, introducing a new character, as well as featuring fan favorites from commercials past like the Budweiser Genie.The genie was featured in a 2007 ad, where a young blonde woman walking on a beach stumbles over a magic lamp in the sand. A genie materializes and asks the woman her three wishes, to which she responds, "to be loved across America, to be a worldwide sensation" and "to make all men salivate when they see me."The genie responds by turning her into a bottle of Budweiser.The Michelob Ultra slot will feature soccer’s biggest icon, Lionel Messi, the star of the last World Cup, to "celebrate the different facets of active living."GET FOX BUSINESS ON THE GO BY CLICKING HEREThis year’s Super Bowl ad spend has been an expensive one for Anheuser-Busch, which wears the crown for this year’s biggest advertiser within the beer industry. According to multiple sources, a 30-second ad is going for $7 million, which means Anheuser-Busch spent around $21 million on airtime alone. It’s unclear how much it paid Messi to be the frontman for its Michelob Ultra commercial.Anheuser-Busch and its brands have been linked to some of the most creative and memorable ads to appear during football’s biggest night of the year. Last year, Bud Light featured actor Miles Teller, his wife, Keleigh, and their French bulldog dancing around their living room with beers in their hands. In 2019, the brand partnered with HBO to make a Game of Thrones-themed Super Bowl ad to celebrate the final season of the series. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Budweiser attempts rebranding starting with Super Bowl ads By: FOX Business January 30, 2024 at 20:13 PM EST Anheuser-Busch announced that it purchased a few minutes of ad space that will air during Super Bowl 58 to address the brand's declining sales. Following a rocky year of bad press and declining sales, Anheuser-Busch is going back to basics for its Super Bowl LVIII ads with a focus on patriotism and humor, FOX Business has learned.TROPICANA LAS VEGAS CEASING OPERATIONS THIS SPRING TO MAKE WAY FOR NEW BALLPARKAnheuser-Busch, a unit of the AB InBev adult beverage conglomerate, has announced that it purchased 2½ minutes of ad space spread across three separate slots that will air during the Super Bowl on Feb. 11, marketing its top beer brands: Bud Light, Budweiser and Michelob Ultra. It will feature sports stars, Clydesdale horses, and humorous characters from prior ad campaigns including, according to one company insider, a genie.What hasn’t been announced is the company’s strategy to return to old themes that have been successful in previous years. According to a person with knowledge of the matter, the company is looking to underscore both patriotism and humor in the ads — a stark contrast to the social media spots posted by Anheuser-Busch’s former influencer, the controversial transgender activist Dylan Mulvaney, that led to a boycott of Bud Light, and falling sales that continue to this day.TEXANS' CJ STROUD 'TRYING TO BRING THE HEAT' WITH BUFFALO WING RIVALThe company is looking to use the Super Bowl — the most-watched American TV broadcast which boasted over 115 million viewers last year — to repair its image.Company officials are hoping the rich ads spent during the Super Bowl will be a turning point in the decline of what was once one of America’s most iconic brands. It all began in April 2023, when Mulvaney posted two promotional videos, one which showed her sipping Bud Light in a bubble bath, the other drinking the beer while dressed up as Audrey Hepburn’s famous character Holly Golightly from "Breakfast at Tiffany’s."The videos sparked a huge backlash from Budweiser’s traditional customer base, who felt the company was channeling progressive politics in its messaging. Budweiser immediately cut ties with Mulvaney, but the fallout remains with Bud Light sales to retailers falling 17%, according to its latest earnings report.Late last year, Publishers Clearing House Consumer Insights surveyed 5,000 people and found that 54% were aware of the Mulvaney campaign misfire.HOW TARGET, BUD LIGHT TURNED OFF LOYAL CUSTOMERS IN 2023According to an Anheuser-Busch press release, Budweiser’s ad slot will feature the famous Clydesdale horses that have long been associated with the beer. Anheuser-Busch says the Clydesdale ad aims to represent "resilience, determination and coming together over a beer."One source familiar with the ad campaign says Anheuser-Busch plans to rely on humor for its Bud Light ad, introducing a new character, as well as featuring fan favorites from commercials past like the Budweiser Genie.The genie was featured in a 2007 ad, where a young blonde woman walking on a beach stumbles over a magic lamp in the sand. A genie materializes and asks the woman her three wishes, to which she responds, "to be loved across America, to be a worldwide sensation" and "to make all men salivate when they see me."The genie responds by turning her into a bottle of Budweiser.The Michelob Ultra slot will feature soccer’s biggest icon, Lionel Messi, the star of the last World Cup, to "celebrate the different facets of active living."GET FOX BUSINESS ON THE GO BY CLICKING HEREThis year’s Super Bowl ad spend has been an expensive one for Anheuser-Busch, which wears the crown for this year’s biggest advertiser within the beer industry. According to multiple sources, a 30-second ad is going for $7 million, which means Anheuser-Busch spent around $21 million on airtime alone. It’s unclear how much it paid Messi to be the frontman for its Michelob Ultra commercial.Anheuser-Busch and its brands have been linked to some of the most creative and memorable ads to appear during football’s biggest night of the year. Last year, Bud Light featured actor Miles Teller, his wife, Keleigh, and their French bulldog dancing around their living room with beers in their hands. In 2019, the brand partnered with HBO to make a Game of Thrones-themed Super Bowl ad to celebrate the final season of the series.