The article buried the lede. "Anchor, founded in 1896, was saved from bankruptcy in 1965 by longtime owner Fritz Maytag, and _sold to Sapporo in 2017_, Singer said." It ceased to be an independent local brewer almost a decade ago. The corporate overlords are doing what corporate overlords always do.
> The corporate overlords are doing what corporate overlords always do. Killing what doesn't make money? If this was profitable what exactly are the 'corporate overlords' achieving here?
A similar thing I saw: Asahi was in charge of Budweiser distribution in Japan. Absolutely miserable sales (not that I like Budweiser, or would drink it by choice), almost no presence. AB got the rights back to sell it, and now Budweiser is a reliable presence in many places and I see it out there in ways I never did.
My head canon is that Asahi got the distribution rights purely to slow roll it and make it so that AB would have no reason to build up a local presence. That way Asahi protects its local brands and simply needs to send some executive once a year to be like "hey I dunno nobody seems interested in this drink"