Coke extends marketing partnership with theme parks
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Posted 11:27AM on Tuesday, January 7, 2003
ATLANTA - Coca-Cola is going Hollywood. <br>
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The world's largest beverage maker said Tuesday it has entered into a ten-year marketing partnership with Universal Parks and Resorts. That's a division of television and film giant Vivendi Universal. <br>
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The partnership -- first made in 1999 -- designates Atlanta-based Coke as Universal theme parks' official soft drink. The new agreement expands that to include Minute Maid as the parks' official juice. <br>
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The new agreement also extends Coca-Cola's relationship to Universal Studios Hollywood and CityWalk Hollywood and Universal Orlando, which includes Universal's Islands of Adventure, Universal Studios Florida and CityWalk Orlando. <br>
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Officials have not disclosed financial terms of the deal. <br>
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Coke and Universal plan a cross-brand promotional strategy targeted to teens and young adults, as well as themed beverage attractions in Universal's parks.