>>>ATLANTA, Jan 7 (Reuters) - The flagship Coca-Cola Classic brand will remain the official soft drink served at Universal Studios in Hollywood and four other U.S. theme parks as part of an expanded 10-year marketing partnership announced on Tuesday by Coca-Cola Co. and Universal Parks & Resorts.
The world's No. 1 soft drink maker also said its Minute Maid brand would become the official juice served in Universal's parks, including the Universal Studios and CityWalk parks in Hollywood, California and the Islands of Adventure, Universal Studios Florida and CityWalk resorts in Orlando, Florida.
The Universal deal and another agreement between Coke and a restaurant company announced separately on Tuesday were the latest in a flurry of marketing initiatives pitting Coca-Cola against PepsiCo. Inc. in a fierce struggle for market share.
"These are not huge transactions, but in the hyper-competitive beverage business every case, cup and drop counts," said John Sicher, editor of Beverage Digest, a leading industry newsletter.
Atlanta-based Coca-Cola said it would support the Universal deal with marketing programs aimed at teens and young adults as well as themed beverage attractions at the parks operated by Universal Parks & Resorts, owned by Franco-American media giant Vivendi Universal.
Jeff Dunn, president and chief operating officer of Coca-Cola's North American division, called Coca-Cola Classic and Universal Studios "a powerful marketing combination."<<<
http://biz.yahoo.com/rc/030107
/food_cocacola_1.html
This really does not speak of anything regarding Coke's relationship with Disney, although the company's enthusiasm to sign such a major deal with Universal is interesting.
I think the real loser in all of this is Pepsi Co., which has just seen it's chances of being associated with all of the major theme park operators in the country slip to zero. Pepsi lost it's remaining deals with Six Flags on January 1st to Coca Cola.
The world's No. 1 soft drink maker also said its Minute Maid brand would become the official juice served in Universal's parks, including the Universal Studios and CityWalk parks in Hollywood, California and the Islands of Adventure, Universal Studios Florida and CityWalk resorts in Orlando, Florida.
The Universal deal and another agreement between Coke and a restaurant company announced separately on Tuesday were the latest in a flurry of marketing initiatives pitting Coca-Cola against PepsiCo. Inc. in a fierce struggle for market share.
"These are not huge transactions, but in the hyper-competitive beverage business every case, cup and drop counts," said John Sicher, editor of Beverage Digest, a leading industry newsletter.
Atlanta-based Coca-Cola said it would support the Universal deal with marketing programs aimed at teens and young adults as well as themed beverage attractions at the parks operated by Universal Parks & Resorts, owned by Franco-American media giant Vivendi Universal.
Jeff Dunn, president and chief operating officer of Coca-Cola's North American division, called Coca-Cola Classic and Universal Studios "a powerful marketing combination."<<<
http://biz.yahoo.com/rc/030107
/food_cocacola_1.html
This really does not speak of anything regarding Coke's relationship with Disney, although the company's enthusiasm to sign such a major deal with Universal is interesting.
I think the real loser in all of this is Pepsi Co., which has just seen it's chances of being associated with all of the major theme park operators in the country slip to zero. Pepsi lost it's remaining deals with Six Flags on January 1st to Coca Cola.