Shark Tank’s Kevin O’Leary made a name for himself cutting deals and making businesses wildly successful. But what would “Mr. Wonderful” do to save a company that appears to be stuck in a weeks-long tailspin?
Bud Light is still paying the price over its partnership with transgender influencer Dylan Mulvaney. While intended to promote the beer’s brand on social media, the branding move outraged conservatives and resulted in a nationwide boycott that continues to hurt the beer companies’ sales.
O’Leary Ventures Chairman Kevin O’Leary recently joined host Dave Anthony on The FOX News Rundown to discuss the crisis Bud Light created for itself and what Anheuser-Busch executives must do now to address the ongoing backlash.
O’Leary explained why he felt so many Americans were put off by Bud Light’s Mulvaney deal and what key things they overlooked when they decided to pay the trans TikTok star to endorse their beer.
The Shark Tank investor also offered some advice to Bud Light on how they can stop losses and perhaps get some of their customers back.
Due to time limitations, we could not include the entire conversation in the FOX News Rundown segment that ran this week. In a FOX News Rundown Extra exclusive, you will hear our entire unedited interview with entrepreneur and Shark Tank investor Kevin O’Leary.