business / news / / TMZ
PayPal and alcoholic beverage giant Diageo have both pulled their sponsorship.
Anheuser-Busch InBev has withdrawn its sponsorship from the Wireless Festival headlined by Kanye West.
KEY POINTS
- 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
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