History
Founded in 1998 by Russell Weiner, the son of conservative talkshow host Michael Savage, Rockstar launched into the fastest-growing segment of the US beverage market at the time, energy drinks. In addition to featuring different ingredients, which it claimed were "scientifically formulated to speed the recovery time of those who lead active and exhausting lifestyles—from athletes to rock stars," Rockstar sought to differentiate itself from the market leader, Red Bull, by using a 16 oz can size (against Red Bull's 8 oz can) and marketing itself as "twice the size of Red Bull for the same price."
By 2007, Rockstar was one of the top three energy drink brands in North America, (having enjoyed a 155% growth in sales in 2004, reaching $48 million) and had sold over a billion cans. It had 14% of the US energy drink market in 2008, and as of 2009 was available in over 20 countries, in addition to the United States. Rockstar switched distributors from Coca-Cola to PepsiCo in the summer of 2009.
Read more about this topic: Rockstar (drink)
Famous quotes containing the word history:
“In the history of the human mind, these glowing and ruddy fables precede the noonday thoughts of men, as Aurora the suns rays. The matutine intellect of the poet, keeping in advance of the glare of philosophy, always dwells in this auroral atmosphere.”
—Henry David Thoreau (18171862)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passĂ© abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
“All history becomes subjective; in other words there is properly no history, only biography.”
—Ralph Waldo Emerson (18031882)