Overview
- SF Pride severed its partnership with Meta in March after the company rolled back internal diversity programs and loosened content moderation rules, and Meta confirmed it will not participate in this year’s festival.
- Alphabet, Anheuser-Busch, Comcast, Diageo and Nissan have followed suit, collectively reducing tech industry sponsorship to just over 15% of SF Pride’s funding.
- The event now faces an $180,000 budget shortfall just days before the parade scheduled for Sunday.
- Technology sponsors have similarly withdrawn from Toronto and Seattle Pride events, reflecting a broader corporate hesitancy to publicly support LGBTQ+ initiatives.
- Some companies are choosing anonymous or behind-the-scenes donations to LGBTQ+ organizations to avoid potential legal or political backlash.