:. Food Industry News


Diageo, Sean Combs to Co-Market Vodka for 50/50 Profit Split (DJ)

Source: Dow Jones Newswires
25/10/2007

Oct. 24 - Diageo PLC entered a multi-year pact with entertainer Sean "Diddy" Combs to co-market Ciroc vodka in the U.S. for a 50/50 share of future profits.

Daily News Alerts

Combs, chief executive of Bad Boy Worldwide Entertainment Group, will take the lead on brand management decisions and may earn more than $100 million from the deal, said the New York-based spirits company Diageo.



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