Beyonce teaming with Pepsi in $50 million deal – Today
Beyonce is reteaming with Pepsi for a multi-faceted branding deal that will coincide with her performance during the Super Bowl 2013 Halftime Show, of which Pepsi is a presenting sponsor. The news of the Pepsi pact was first reported by The New York Times.
Beyonce, who has been featured in ads for Pepsi since 2002, will appear in a new commercial to debut some time during first-quarter 2013 and appear on limited-edition cans bearing her likeness starting in March. Pepsi, in turn, will sponsor a variety of unspecified creative projects for Beyonce as well as help promote the singer’s upcoming fifth studio album.
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The multi-year partnership is valued at around $50 million in ad spend and promotional materials over several years. New music could arrive as early as Super Bowl Sunday, Feb. 3, as producer The-Dream told Billboard last week that Beyonce will “definitely” have a single ready as part of her performance.