meta_pixel
Tapesearch Logo
Log in
Business Movers

Coca-Cola’s Greatest Mistake | Don't Blink | 3

Business Movers

Wondery

History, Business, Entrepreneurship

4.81.5K Ratings

🗓️ 25 February 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

As Roberto and the Project Kansas team work in secret to launch New Coke, PepsiCo’s CEO Roger Enrico gets ready to fight back. In the aftermath of New Coke’s launch, Enrico launches a counter attack in the media that he hopes will put an end to the Cola Wars and make PepsiCo the victor.

To listen to Business Movers ad-free, join Wondery+ in the Wondery App. Click here to download the app: https://wondery.app.link/businessmovers.

Support us by supporting our sponsors!


See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, prime members, you can listen to business movers add free on Amazon Music, download the app today.

0:21.0

It's spring 1984, one year before the new Coke launch.

0:26.0

Roger and Rico relaxes in his office at Pepsi headquarters in Purchase New York.

0:31.0

Since he took over as head of Pepsi Cola USA last year, he's been busy launching a massive new ad campaign,

0:38.0

starring Megapop star Michael Jackson.

0:42.0

Roger's moment of peace and quiet though doesn't last long.

0:45.0

The work of a CEO never stops and his phone never stops ringing.

0:51.0

Yeah, hello, this is Roger.

0:52.0

Roger, it's Carlos Iglesias.

0:54.0

Carlos, I was hoping to hear from you today.

0:57.0

Carlos Iglesias' brother Julio is a famous Latino singer-songwriter.

1:02.0

Coca-Cola has been courting Julio for an endorsement deal.

1:06.0

Roger at Pepsi wants to cut Coca-Cola off at the pass and sign Julio first.

1:11.0

So Roger put the word out to one of Carlos' friends that Pepsi has its eye on his brother.

1:16.0

Yeah, thanks for reaching out, Roger.

1:18.0

My brother is interested to know what you have to say.

1:21.0

Well, I've cut to the chase, Carlos.

1:23.0

I'm very interested in signing a brother to a deal.

1:26.0

What sort of deal are we talking about?

1:28.0

Endorsements, commercial, print, concert tours, the works.

1:31.0

But you just signed Michael Jackson.

1:33.0

Yes, we did.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Wondery, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Wondery and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.