Just after Netflix announced more subscription price hikes, this feels very “Take the money and run.” Shares of the streaming giant dropped over 10% in after-hours trading following an announcement that its cofounder and chairman, Reed Hastings, who served as CEO for 25 years, will exit the board. (More)
Tom Cruise still feels the need, the need for speed. It’s official, Top Gun 3 is officially in the works. The announcement was made yesterday at CinemaCon in Vegas. The next best thing to being at CinemaCon for all the industry announcements and surprises is to look for the leaked videos online this weekend.
Gatorade is undergoing a major rebrand and going all in on appealing to non-athletes. At the center of the rebrand is Gatorade’s new “Advanced Hydration System,” which categorizes products based on whether they hydrate “better,” “faster,” or “longer” than water. Right, because I always look at a bottle of Gatorade and think, “I can’t drink that, I’m not an athlete.”
and that’s trending.
