Pepsi

The rabbit hole, as they say, keeps getting deeper. Initial reporting put the estimated cost of Arnell's redesign of the Pepsi logo at $1 million. But a source close to the matter informed AgencySpy today that Pepsi paid upwards of $10 million for the logo.

Pepsi is making a significant, multiyear reinvestment in carbonated soft drinks. They're starting out by remaking the look and feel of Pepsi-Cola logo design.