Miss Universe Parent Company Declares Bankruptcy Following Inclusion of Transgender Contestants
Despite the group's financial troubles, the Miss Universe pageant will be held as planned in El Salvador on November 18, 2023, emphasizing a quality experience for its audience.
This year's competition includes two transgender women for the first time: Marina Machete from Portugal and Rikkie Kollé who is representing the Netherlands, following the footsteps of Spain’s Ángela Ponce in 2018.
Machete has voiced concerns over growing transphobia while praising the pageant's inclusivity.
The Miss Universe Organization remains firm in celebrating all women, stating that trans women are unequivocally women.
With a long-standing policy of inclusion, they continue to embrace diversity on their platform.
As of yet, JKN Global Group and the Miss Universe Organization have not commented on the bankruptcy to Fox News Digital.