Last month, Netflix laid off another 300 employees – marking two back-to-back months of downsizing. The company has announced it lost nearly one million subscribers in Q2. And while Netflix had assumed it might lose more subscribers in the second quarter – after losing roughly 200,000 members in Q1 – it still managed to secure a $1.44 billion net profit. Now, it’s expecting a turnaround in Q3. The company is also banking on improvements from a new lower-priced, ‘ad-supported’ subscription tier that should launch in early 2023. Further, Netflix co-CEO and Chief Content Officer Ted Sarandos recently announced that not all of the platform’s licensed content would be available through this cheaper plan. So buckle up if you’re hoping to save money and stream Stranger Things next year.
Today we’re looking at an ultralight bottle bag and quilt and an NFT collection launched to support veterans and military families. This is Today in Gear.
Today in Gear is our daily roundup of all the latest product announcements, drops and news from Gear Patrol Studios. Send your most pressing product questions to [email protected].
Striking and Sustainable: Meet Your New Favorite Bottle Bag
CourtesyBrooklyn-based women’s hiking gear company Hikerkind and Bronx-based ultralight gear lab Allmansright recently collaborated on their first piece of ultralight day hiking gear: Bottle Bag_01. Each Bottle Bag_01 is made in the Bronx using recycled materials and sustainable practices wherever possible. It features an adjustable, angled shoulder strap and adjustable bungee collar and is primarily constructed with “Xpac VX21,” a strong, composite sailcloth material. The bag is available for $68 at hikerkind.com or by appointment at Hikerkind’s retail space in Brooklyn.
