McDonald's Will Send 10% of Its Ad Spend to Diverse-Owned Companies by 2024

It's part of a growing industry trend

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McDonald’s U.S. announced today that it will increase the portion of its advertising spend that goes to diverse-owned creators by more than double over the next four years.

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By 2024, the fast-food giant has committed to increasing its spend with Asian Pacific American, Black, Hispanic, LGBTQ+ and women-owned media companies, production houses and content creators by more than double.

Currently, McDonald’s U.S. spends 4% of its ad budget with companies that fall into one or more of these categories, and the brand said it will boost that portion to 10% in the next four years.

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