AXW Weekly Update

November 10, 2017 | Vol. XXXVIII

COCA-COLA

Coca-Cola’s Next Big Bet May Be Spiffing Up Your Cocktail Mixers

Expanding beyond the carbonated soft drinks that made it famous, Coke is looking to acquire beverages that jibe better with modern consumer preferences. Chief Executive Officer James Quincey has said it must become bigger than its namesake brand to become a “total beverage company.” And he’s singled out a segment that looks promising: mixers. (Read More)

 

DUNKIN’ DONUTS

Dunkin’ Donuts Partners with DoorDash in New York and New Jersey

Dunkin’ Donuts is expanding its Dunkin’ Delivery service to participating locations in New York and New Jersey. Dunkin’ Delivery will be offered through on-demand delivery platform, DoorDash. New DoorDash customers can use the code DUNKINNYNJ for $5 off an order over $20, now through November 30. (Read More)

 

PROFESSIONAL FIGHTERS LEAGUE

The Professional Fighters League (PFL) achieved its highest online audience ever in the five-year history of the PFL and its predecessor WSOF, totaling 238,000 unique streams across multiple online and social platforms for their Nov. 2 event. (Read More)

 

NEW & NOTEWORTHY

 

Starbucks Selling Tazo to Unilever for $384M

Starbucks Corporation today announced an agreement to sell the TAZO tea brand to British-Dutch CPG conglomerate Unilever for $384 million, a move that president and CEO Kevin Johnson said will allow the Seattle-based coffee giant to focus on supporting its other premium tea brand, Teavana. (Read More)

 

Nestle to Buy Chameleon Cold Brew

The Swiss food and beverage giant agreed to purchase Chameleon Cold-Brew, bolstering its portfolio of premium java in the U.S. Chameleon leads the nation’s organic cold-brew coffee market, a segment that has grown significantly as more consumers choose to take their caffeine fix cold. The deal marks Nestle’s second investment in premium U.S. coffee in three months — it agreed to pay $425 million for a 68 percent stake in Oakland, California-based Blue Bottle Coffee in September. (Read More)

 

Disney looks into buying most of Fox

Walt Disney Co. held talks to buy most of 21st Century Fox, which would have given the entertainment giant control of another studio and TV production assets. Disney wouldn’t acquire all of Fox, but instead add cable networks such as FX and National Geographic, as well as assets outside the U.S. including the Star cable network in India and a stake in the Sky satellite service in Europe. (Read More)

 

Now you can use Apple Pay to send cash to friends, family, and babysitters

Rather than building a standalone experience, Apple is incorporating person-to-person payments into Messages (where you can tap mentions of dollar amounts to initiate a transaction), Siri, and the Contacts app. You can pay using a debit card associated with your Apple Pay account for free, or a credit card with a 3% surcharge. Payments you receive go into a virtual Apple Pay Cash debit card, which means that you need to be an Apple Pay user to get paid; you can spend funds through Apple Pay transactions or transfer them to your bank account. (Read More)