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Beyoncé and Pepsi Ink $50 Million Endorsement Deal

Beyoncé at a Pepsi photo shoot in October. The images will appear early next year as life-size cardboard cutouts in stores.

Beyoncé at a Pepsi photo shoot in October. The images will appear early next year as life-size cardboard cutouts in stores.

Singer Beyoncé Knowles and Pepsi have agreed to a $50 million endorsement deal, according to the New York Times.  The agreement includes promotional appearances, a new commercial and an investment into a few of Beyoncé’s creative projects.

“Pepsi embraces creativity and understands that artists evolve,” Beyoncé said in a statement. “As a businesswoman, this allows me to work with a lifestyle brand with no compromise and without sacrificing my creativity.”