Pepsi was clearly just trying to shoe-horn their “Where There’s Pepsi, There’s Music” slogan into any concept they could, but came up short here. It reminds us of some kind of summer-camp sketch from our pre-tween years. They should have just given away $10 million worth of Pepsi instead.
Usually we can say something like “it probably sound good on paper”, but there is no way that is even remotely true here. The YouTube description calls it “an epic, medieval music showdown”, yet Sir Elton John doesn’t even sing.
The saving grace is the Flava Flav’s cameo at the end.