SNAPPLE® NAMED OFFICIAL TEA PARTNER OF THE NEW YORK KNICKS, NEW YORK RANGERS AND MADISON SQUARE GARDEN
Rhea-AI Summary
Keurig Dr Pepper (KDP) has announced a multi-year partnership making Snapple® the Official Tea Partner of the New York Knicks, New York Rangers, and Madison Square Garden. The partnership includes a new Snapple Mini Mart concession stand with NYC theming and introduces six Snapple flavors throughout the arena.
The agreement features exclusive product sampling opportunities at Knicks and Rangers games, digital signage presence on GardenVision, and promotional activities during Arena Concert Series events. Snapple will offer both regular and zero sugar varieties including Raspberry Tea, Half n' Half Lemonade Iced Tea, Peach Tea, and Lemon Tea at select concession stands.
This strategic partnership represents a homecoming for Snapple, which was founded in Brooklyn, NY in 1972, and aims to expand the brand's reach in its birthplace while connecting with a global audience at MSG venues.
Positive
- Strategic expansion in key NYC market through partnership with major sports/entertainment venue
- Enhanced brand visibility through dedicated concession space and digital signage
- Direct access to large consumer base through sampling opportunities at high-profile events
- Diversification of product offering with both regular and zero sugar options
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, KDP gained 0.17%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Partnership Expands Snapple Tea's Presence in its Hometown of
The partnership brings Snapple's beloved tea beverages to MSG through a brand-new, dedicated and fully-branded concession stand, the "Snapple Mini Mart." The stand is
As the Official Tea Partner of the Knicks and Rangers, Snapple will be featured on in-venue digital signage throughout the arena on game days, including on GardenVision during select home games. Fans attending Knicks and Rangers games will have access to exclusive sampling opportunities from Snapple, providing them with a chance to be among the first to taste the latest innovations from the brand.
Additionally, as the Official Tea Partner of the Arena Concert Series, Snapple will be showcased on select digital signage during Arena Concert Series shows and will have the opportunity to create and conduct sweepstakes for fans in connection with the Concert Series.
Throughout the partnership, six Snapple flavors will be available for purchase at select concession stands throughout the arena, including Zero Sugar Raspberry Tea, Half n' Half Lemonade Iced Tea, Peach Tea, Zero Sugar Peach Tea, Lemon Tea, and Zero Sugar Lemon Tea.
"We're excited to welcome Snapple as the Official Tea Partner of the Knicks, Rangers, The Garden and the Arena Concert Series. The addition of their
"Snapple's partnership with The World's Most Famous Arena allows us to reach existing and new fans in the brand's birthplace of
Snapple has a rich history that dates back to the brand's founding in 1972 by three childhood friends in
About Madison Square Garden Entertainment Corp.
Madison Square Garden Entertainment Corp. (MSG Entertainment) is a leader in live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The Company's portfolio includes a collection of world-renowned venues –
About Madison Square Garden Sports Corp.
Madison Square Garden Sports Corp. (MSG Sports) is a leading professional sports company, with a collection of assets that includes the New York Knicks (NBA) and the New York Rangers (NHL), as well as two development league teams – the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL). MSG Sports also operates a professional sports team performance center – the MSG Training Center in Greenburgh, NY. More information is available at www.msgsports.com.
About Snapple
Snapple, a brand of Keurig Dr Pepper (KDP), is a leader in great-tasting premium beverages. Founded in 1972 by three childhood friends, Snapple got its start in
About Keurig Dr Pepper
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in
Contacts:
For MSG Sports and MSG Entertainment:
msgspr@msg.com
msgepr@msg.com
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SOURCE Madison Square Garden Sports Corp.