Super Bowl 2021, taking place on February 7, may be missing a few polar bears, Clydesdale horses, and celebrities this year. That's because Coca Cola, Budweiser, and Pepsi are opting out of commercials during this year's big game.
For the first time in 37 years, Anheuser-Busch is opting not to advertise the iconic Budweiser brand during the game. According to the company, the beverage giant will donate the money it would have spent on an ad to coronavirus vaccination awareness efforts. Anheuser-Busch will still have some presence throughout the game, however. With four minutes of advertising, other brands under the Anheuser-Busch umbrella will still be getting some air time.
Coca Cola, another well known player on the advertising field, will be sitting out this year's Super Bowl as well. With falling revenues, restructurings, and layoffs, financial concerns brought upon, in part, due to a global pandemic appear to be weighing in on the decision not to advertise in one of the year's most expensive air time slots.
“This difficult choice was made to ensure we are investing in the right resources during these unprecedented times,” Coca Cola spokesperson Kate Hartman told CNBC.