According to sources, both Pepsi and McDonald's are paying full retail price of $0.99 to Apple for the songs, so theoretically Apple has managed to boost iTunes' revenues by $1.1bn with these two deals. Obviously the reality will be slightly lower as many of the promotion winners wont be using their coupons at all.
So far it is still unclear how McDonald's will spend the purchased free downloads and company refuses to comment the deal at all. Pepsi's campaign will include 300 million specially marked Pepsi, Diet Pepsi and Sierra Mist bottles -- every third of the bottles will include a single song coupon to iTunes.
Source: NY Post
Written by: Petteri Pyyny @ 7 Nov 2003 15:52