About: Pink money   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

Pink money describes the purchasing power of the gay community, often especially with respect to political donations. With the rise of the gay rights movement, pink money has gone from being a fringe or marginalized market to a thriving industry in many parts of the Western world such as the United States and United Kingdom. Many businesses now specifically cater to homosexual customers, including nightclubs, shops, restaurants, and even taxicabs; the demand for these services stems from commonly perceived discrimination by traditional businesses. Worldwide, pink money is valued at £350 billion across a variety of sectors — especially entertainment and consumer goods.

AttributesValues
rdfs:label
  • Pink money
rdfs:comment
  • Pink money describes the purchasing power of the gay community, often especially with respect to political donations. With the rise of the gay rights movement, pink money has gone from being a fringe or marginalized market to a thriving industry in many parts of the Western world such as the United States and United Kingdom. Many businesses now specifically cater to homosexual customers, including nightclubs, shops, restaurants, and even taxicabs; the demand for these services stems from commonly perceived discrimination by traditional businesses. Worldwide, pink money is valued at £350 billion across a variety of sectors — especially entertainment and consumer goods.
sameAs
dcterms:subject
dbkwik:lgbt/proper...iPageUsesTemplate
History
  • yes
Rights
  • yes
Culture
  • yes
abstract
  • Pink money describes the purchasing power of the gay community, often especially with respect to political donations. With the rise of the gay rights movement, pink money has gone from being a fringe or marginalized market to a thriving industry in many parts of the Western world such as the United States and United Kingdom. Many businesses now specifically cater to homosexual customers, including nightclubs, shops, restaurants, and even taxicabs; the demand for these services stems from commonly perceived discrimination by traditional businesses. Worldwide, pink money is valued at £350 billion across a variety of sectors — especially entertainment and consumer goods. The economic power of pink money has been seen as a force positive for the gay community, creating a kind of "financial self-identification" which helps gay and lesbian individuals feel like part of a community which values them. Indeed, upwards of 90% of homosexuals support businesses which target pink money, while actively shunning "anti-gay" companies. However, criticism has been leveled at businesses which target pink money from homosexual groups, arguing that this segregates the gay and lesbian community from society, and holds back gay rights.
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