Advertisement
News
Advertisement

Coca-Cola To Be Official Soft Drink Of Maryland Town

Wed, 02/01/2012 - 12:54pm

OCEAN CITY, Md. (AP) — Coca-Cola will become the official soft drink of Ocean City in the spring.

Officials in the Maryland resort town have approved a five-year agreement with Coca-Cola that will make the soft drink the exclusive beverage franchise holder in the town. That means Coca-Cola will be served at all town-owned properties and town-operated events.

As part of the contract, Coca-Cola Co. will give Ocean City an annual cash payment of $65,000, commission on product sales, media advertising, free products for town events and marketing and promotional support. The contract also designates Coca-Cola as the "official soft drink of Ocean City."

The contract takes effect April 2 and has an estimated annual value of about $286,170.

The agreement succeeds the current contract held by Pepsi Bottling Ventures.

 

Topics

Advertisement

Share This Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading