Pepsi to Add Pop to THE X FACTOR Grand Prize

Pepsi Prize Enhancement Will Feature Show’s Winner in a Pepsi Commercial on Music’s Biggest Night®, the 55th Annual GRAMMY Awards®

PURCHASE, N.Y., Nov. 1, 2012 /PRNewswire/ — Pepsi announced an unprecedented addition to THE X FACTOR’s® Grand Prize package. In addition to a previously announced $5 Million recording contract with Syco Entertainment/Sony Music Entertainment, provided by the show’s producers, this year’s winner will also receive production and creative support to develop, create, record and shoot their first original track and music video. The prize culminates when the winner’s single airs as a Pepsi music video during the live telecast of the 55th Annual GRAMMY Awards®, Sunday, Feb. 10, 2013, on CBS.

This prize will thrust the second season’s winner of THE X FACTOR® into the spotlight on Music’s Biggest Night® by debuting their first track and video in a Pepsi commercial before music’s elite and millions of fans around the world. Pepsi has a long and storied history of partnering with musical talent from breaking artists to global superstars, and is once again paving the way to creatively launch the career of an American Pop Star.

“At Pepsi, our dedication and passion for launching and nurturing new musical talent has never been more evident,” said Adam Harter, VP of Consumer Engagement, Pepsi. “Our partnerships with THE X FACTOR® and the GRAMMY®s strike the perfect balance between finding new talent and utilizing our best-in-class assets to help launch another career, while at the same time delivering great content and experiences to music fans around the world.”

Pepsi and Syco/Sony plan to pair the winner(s) with today’s hottest producers and songwriters, all while Pepsi cameras capture special content of the entire development process. Viewers at home will get to live the experience through exclusive Pepsi access. In addition, the winner of THE X FACTOR® will also be welcomed into the Pepsi Music Family in Los Angeles as they attend the 55th GRAMMY Awards® weekend festivities as well as the awards show on Sunday, Feb. 10.

“This is an incredible addition to the prize thanks to Pepsi,” said Simon Cowell, Judge, THE X FACTOR®. “The GRAMMY’s is the biggest night of the year for music and for THE X FACTOR® winner(s) to have Pepsi’s creative support in launching their music during this legendary event is fantastic.”

Only Pepsi could make this once-in-a-lifetime and creative opportunity a reality for the winner because of its great partnerships with THE X FACTOR® and the GRAMMYS. Pepsi has a long history of pioneering new ways of connecting music with consumers, and music has always been a part of the Pepsi DNA.

Follow Pepsi on Twitter.com/Pepsi, join the conversation with @pepsi on www.pepsi.com and be part of our live THE X FACTOR® viewing parties on http://www.pepsisoundoff.com #SoundOffNow.

About PepsiCo

PepsiCo is a global food and beverage leader with net revenues of more than $65 billion and a product portfolio that includes 22 brands that generate more than $1 billion each in annual retail sales. Our main businesses – Quaker, Tropicana, Gatorade, Frito-Lay and Pepsi-Cola – make hundreds of enjoyable foods and beverages that are loved throughout the world. PepsiCo’s people are united by our unique commitment to sustainable growth by investing in a healthier future for people and our planet, which we believe also, means a more successful future for PepsiCo. We call this commitment Performance with Purpose: PepsiCo’s promise to provide a wide range of foods and beverages for local tastes; to find innovative ways to minimize our impact on the environment by conserving energy and water and reducing packaging volume; to provide a great workplace for our associates; and to respect, support and invest in the local communities where we operate. For more information, please visit www.pepsico.com.

About THE X FACTOR®

THE X FACTOR® was created by Syco Television and is produced by Syco Television and FremantleMedia North America. Rob Wade and Nigel Hall are executive producers for Syco Television. Trish Kinane, Richard Holloway and Andrew Llinares serve as executive producers for FremantleMedia North America. “Like” THE X FACTOR® on Facebook at www.facebook.com/TheXFactorUSA. Follow the series on Twitter @TheXFactorUSA and join the discussion at #xfactor. Follow the judges and hosts: @SimonCowell; @BritneySpears; @ddlovato; @LA_Reid; @KhloeKardashian and @MarioLopezExtra.