USA: Anheuser-Busch InBev announces release date for Bud Light Platinum

Bud Light Platinum, a long-germinating beer concept from Anheuser-Busch InBev that's not quite Bud Light and not really Budweiser, will finally hit stores in January, Los Angeles Times reported on November, 10.

Belgium-based Anheuser-Busch, the world's largest brewer, said on November, 9 that the new beverage "appeals to a key group of beer drinkers and expands consumer occasions" to drink beer.

Platinum will have 6% alcohol by volume and 137 calories. Top-selling Bud Light, by comparison, has 4.2% alcohol and 110 calories, while Budweiser has 5% alcohol and 145 calories.

Some beer enthusiasts online suggested that Platinum is Anheuser-Busch's attempt to take advantage of growing interest in craft beers, whose popularity has also sparked a recent boom in American-style beer gardens.

Overall U.S. beer sales by volume slipped 1% last year, but the craft beer industry grew 11%, according to the Brewers Assn. trade group.

The Alcohol and Tobacco Tax and Trade Bureau has already approved a proposed blue and gray label that evokes the existing Bud Light label.

Anheuser-Busch also said that its North American beer sales slipped 3.2% in the third quarter and that it had increased its prices an average of 3%.

12 November, 2011