ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Here's the Reason why Anna Wintour is Being Slammed Online Over a Sponsorship Deal for Met Gala

The Vogue editor-in-cheif will be joined by TikTok CEO Shou Chew on the red carpet, which comes days after the Biden adminstration signed a bill into law to either ban the Chinese social media platform or force its sale.
PUBLISHED APR 29, 2024
Cover Image Source: Anna Wintour | Getty Images
Cover Image Source: Anna Wintour | Getty Images

From content creators to small businesses and major brands, everyone is concerned about how the possible ban on TikTok will impact their reach and income. But Vogue editor-in-chief Anna Wintour is getting heat for her multi-million dollar deal with TikTok to sponsor the Met Gala. TikTok CEO Shou Chew will join her on the red carpet, which comes days after the Biden administration signed a bill into law to either ban the Chinese social media platform or force its sale.

Wintour will host the Met Gala alongside Jennifer Lopez, Zendaya, Bad Bunny, and Chris Hemsworth. TikTok, the video-sharing platform which is owned by ByteDance, has spent millions to sponsor the event. “The deal was indeed cut way before this bill passed," a source told Page Six. According to a press release, the “exhibition and benefit are made possible by TikTok.”

Anna Wintour | Getty Images | 	Pierre Suu
Anna Wintour | Getty Images | Pierre Suu

"What does Anna do? Does she uninvite TikTok a week before? She can’t. Anna is the total dictator of this event every year, let her talk her way out of this one!" the source added. The source also talked about how many of these stars who are attending the gala have ties with the music giant Universal. Last month, the company banned its artists from the app in a standoff over licensing fees and also accused the platform of "bullying" by wanting to pay only a “fraction” of the rate other platforms do for its music.

Many of the artists who are slated to appear were "paid nothing" by TikTok. TikTok sources are currently, negotiating with Universal and hopefully will come to a decision soon.



 

On the other hand, some believe that this will only "politicize the event to have the old guard being sponsored by new media that the government just banned."

There's not much that can be done about the TikTok affiliation now. "They chose it because TikTok wrote a check — and there are not that many people who can write a seven-figure check these days. It’s also integral to the fashion world," another source told the publication. Moreover, TikTok's CEO is slated to attend the event as an honorary guest. The source also said that the ban had nothing to do with TikTok's charitable contribution that TikTok has made to the Met."

TikTok has reportedly spent millions to sponsor the event in a deal that TikTok sources stressed had been made long before the ban became law, as already mentioned. 

A TikTok source said, "170 million Americans subscribe to TikTok and it’s at the forefront of the zeitgeist. Everyone is excited for the Met."



 

This year, the dress code for attendees is "The Garden of Time" which is inspired by the 1962 short story of the same name by author J.G Ballard. The Met Gala which is set to take place on May 6th at the Metropolitan Museum of Art in New York can be caught by viewers through a livestream hosted by Vogue and broadcast on its website and social media channels. So far, no comments have been made by Vogue, The Met and Wintour.

MORE ON MARKET REALIST
His father was not happy that he overpaid and made it crystal clear to him later on.
32 minutes ago
They called their product the future of real estate, and almost every single shark bought into it.
3 hours ago
Rick Harrison has been wrong about some items in the past, and once even doubted himself.
22 hours ago
Fans of some shows can be quite brutal in their assessment and they don't shy away from expressing it.
1 day ago
Ken Jennings might be extremely smart, but even he had to concede defeat to technology more than a decade ago.
1 day ago
While most Sharks were out, the founder of Dirty Cookie, Shahira Marei, found her perfect partner.
1 day ago
Some entrepreneurs need a little push and there's no one like a mother to do that.
1 day ago
The player effortlessly swept the game and Carey was impressed but couldn't respond to the offer.
1 day ago
Richard Benjamin Harrison was very impressed with what the guest had brought to the show, but remained calm.
2 days ago
Jennings is a legend of the game himself and he has a lot of respect for other successful players.
2 days ago
Harrison was ready to make 'the biggest buy in Pawn Stars history' for the item.
2 days ago
This wasn't the first time that fans were upset about contestants not recognizing a well-known personality.
2 days ago
The watch was sold four years after it came to the show for a massive amount of money.
2 days ago
Many fans also mentioned how they were themselves unable to solve it.
3 days ago
Things could have ended up quite nasty had he connected his boot with the host's face.
3 days ago
One of the things that made the record so valuable was the signature of a late, great drummer.
3 days ago
No one expects to see someone intentionally drop their phone in the toilet, but that's what we got.
3 days ago
The experts were certainly intrigued as they had probably never appraised a food item before.
4 days ago
He loved the item from the moment it arrived in the store, and wasn't going to let it go that easy.
4 days ago
The guest told his mom that they were going to spend the weekend in Acapulco after the big appraisal.
4 days ago