# PayPal and alcoholic beverage giant Diageo have both pulled their sponsorship.

*business · news · 2026-04-06 · TMZ*

## Key points

- Anheuser-Busch InBev has withdrawn its sponsorship from the Wireless Festival headlined by Kanye West.
- Budweiser and BeatBox, both AB InBev brands, are no longer listed as festival sponsors.
- PayPal, Diageo, and PepsiCo have also pulled their sponsorships from the festival since Kanye's announcement.
- Despite sponsor withdrawals, Kanye West generated $33 million in ticket sales from two recent L.A. shows.

**Companies:** Anheuser-Busch InBev, PepsiCo, Diageo, PayPal
**Countries:** United States, United Kingdom

[Read the full story on TMZ](https://www.tmz.com/2026/04/06/anheuser-busch-backs-out-wireless-festival-kanye-west/)

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