RateBeer has just taken a major credibility hit by taking an investment by AB InBev via their investment firm ZX Ventures. Apparently the deal actually took place in October 2016, but wasn’t disclosed until this week. The terms were not disclosed.
RateBeer CEO Joe Tucker said, about ZX, “Their comfort with technology, existing tech resources, beer loving culture, enthusiasm and respect for the community, an understanding of varied beer cultures globally, the stability of their company and dedication to preserving our independence made ZX the very best fit”, he wrote. “I know this is surprising to many out there, but I’m confident I made the best possible decision.”
In the wake of AB InBev investing in RateBeer, Dogfish founder Sam Calagione has asked for all Dogfish beers and mentions to be removed from the site. Sam said in statement, ” It just doesn’t seem right for a brewer of any kind to be in a position to potentially manipulate what consumers are hearing and saying about beers, how they are rated and which ones are receiving extra publicity on what might appear to be a legitimate, 100 percent user-generated platform. It is our opinion that this initiative and others are ethically dubious and that the lack of transparency is troubling.”
Apparently Cantillon has made the same request.
Mikkeller founder Mikkel Borb Bjergso and Three Floyds are launched their Copenhagen-based brewpub WarPigs as a full fledged brewery in Chicago this week. They’re launching with 3 beers: Lazurite IPA, Salmon Pants Lager, and Fggy Geezer Hazy IPA.
The Brewers Association announced this week that they will no longer allow non-craft brewers and groups to purchase featured sponsorships at the Great American Beer Festival. With the new rules, brands like Goose Island and Lagunitas will be barred from buying expanded booth space, prominent floor spots, branded signage, and other pricey perks.
The Brewers Association defines a craft brewer as being 6 million barrels or less, retains 75% ownership, and uses traditional brewing ingredients and processes.