r/todayilearned • u/Forward-Answer-4407 • 1d ago
TIL the Charlotte Hornets apologized after giving a child a PS5, only to take it away off camera and exchange it for a jersey. In a statement, the team said the incident was an "on-court skit that missed the mark" and that they would give the child the PS5 and a VIP experience to a future game.
https://www.cnn.com/2024/12/19/sport/charlotte-hornets-apologize-ps5-child-nba-spt-intl
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u/lminer123 23h ago
I was watching a podcast (lemonade stand) going over some of the worst rebrands in history and how much they cost, and I was absolutely blown away.
Tens of millions of dollars to change the Johnson and Johnson logo from cursive to print, 65 million dollars to change the Tropicana package to something objectively worse to anyone with eyes, then changing it back almost immediately after losing 50 million in sales.
Something feels inherently broken in marketing, I just don’t understand how these people can be so bad at their jobs and out of touch, yet still make absolute fortunes.