Budweiser backs out of Team USA partnership

After 32 years, Budweiser is saying goodbye to Team USA.

Anheuser-Busch Inbev, which owns Budweiser, has decided not two re-up it’s partnership with the U.S. Olympic Committee.

Bud has been a sponsor of the U.S Olympic Committee since 1984.

The news follows dissapointing viewership of the 2016 Olympic Games in Rio.

NBC reported a ratings dip, particularly among 18-49 year old viewers, which are key to advertisers.

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