NYC Pride 2025: Corporate Sponsorships Plummet Amidst DEI Backlash
Nbc News1 day ago
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NYC Pride 2025: Corporate Sponsorships Plummet Amidst DEI Backlash

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Summary:

  • NYC Pride 2025 saw a notable decrease in visible corporate sponsorships, estimated at around $750,000.

  • This drop is attributed to a nationwide rollback of DEI initiatives and the fear of backlash from conservative groups.

  • Despite the decrease, NYC Pride raised $110,000 from 250 new sponsors in the days leading up to the parade.

  • A Gravity Research survey indicated that 39% of corporations scaled back Pride Month engagements in 2025, driven by fear of government investigations and consumer boycotts.

  • Parade attendees expressed both disappointment at the corporate pullback and unwavering support for the LGBTQ+ community.

NYC Pride 2025: A Celebration Amidst Controversy

The 2025 NYC Pride Parade, celebrating its 55th anniversary under the theme 'Rise Up: Pride and Protest', saw a significant decrease in visible corporate sponsorships. This drop is linked to the nationwide rollback of Diversity, Equity, and Inclusion (DEI) initiatives.

<img src="https://media-cldnry.s-nbcnews.com/image/upload/t_fit-760w,f_auto,q_auto:best/rockcms/2025-06/250629-nyc-pride-vl-149p-38e9a8.jpg" alt="People participate in the Queer Liberation March">

While NYC Pride co-chair Katz Alexander reported a dip of approximately $750,000 in sponsorship, they also highlighted a recent surge of $110,000 from 250 new sponsors. Parade attendees expressed mixed feelings, with some feeling hurt by the corporate pullback, viewing it as a betrayal of the LGBTQ+ community. Others focused on the immense celebration and diversity present.

<img src="https://media-cldnry.s-nbcnews.com/image/upload/t_fit-760w,f_auto,q_auto:best/rockcms/2025-06/250629-nyc-pride-vl-147p-8a38fd.jpg" alt="Crowds watch as people take part in the 2025 NYC Pride March">

Corporate Rollbacks and the Fear of Backlash

A survey by Gravity Research revealed that 39% of corporations scaled back their Pride Month engagements in 2025, a substantial increase from 9% in the previous year. This is attributed to the fear of backlash from conservative activists and consumers, as well as potential investigations from government agencies.

<img src="https://media-cldnry.s-nbcnews.com/image/upload/t_fit-760w,f_auto,q_auto:best/rockcms/2025-06/250629-nyc-pride-vl-148p-6c8787.jpg" alt="Crowds watch as people take part in the 2025 NYC Pride March">

Many companies continue internal DEI efforts, but have reduced their public displays of support due to this fear. The potential for boycotts and brand tarnishing further contributes to corporate hesitancy.

<img src="https://media-cldnry.s-nbcnews.com/image/upload/t_fit-760w,f_auto,q_auto:best/rockcms/2025-06/250629-nyc-pride-vl-144p-480198.jpg" alt="A person holds a Pride flag on the street">

A Difficult Climate for LGBTQ+ Rights

The article highlights the broader context of challenges faced by the LGBTQ+ community, citing a recent Supreme Court ruling and the continued global backlash against Pride celebrations. Despite these setbacks, the sheer number of attendees in NYC and Budapest demonstrated unwavering support and a determination to continue celebrating pride.

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