Tom Cruise Set for 'Top Gun 3' Return After 'Maverick' Success

Tom Cruise is officially returning for Top Gun 3 with producer Jerry Bruckheimer, as Paramount Pictures confirmed Thursday at CinemaCon. The sequel to Top Gun: Maverick, which grossed $1.5 billion globally, has been in development since 2024. Cruise will reprise Maverick, the iconic pilot he first played in 1986, following the massive success of the long-awaited second installment.

Reed Hastings will step down as chairman of Netflix in June, exiting the board and capping a major leadership transition as the company reported earnings on Thursday. Despite beating expectations with $12.25 billion in revenue and strong profit growth, Netflix’s stock dropped following the release. Hastings, who stepped down as CEO in 2023, said he’ll shift his focus to philanthropy, with the company continuing under co-CEOs Ted Sarandos and Greg Peters.

New Balance has officially unveiled the Maxey v1, the first signature shoe forTyrese Maxey, who debuted the pair Wednesday night in a win over the Orlando Magic as the Philadelphia 76ers punched their ticket to the NBA Playoffs. The low-top silhouette, debuting in a black-and-light-blue colorway, is set to release later this year for $130, marking a major milestone as the rising guard steps further into the spotlight.

Lana Del Rey has released the official theme song for 007 First Light, the upcoming video game from IO Interactive and Amazon MGM Studios, marking her first collaboration with the franchise. Created alongside composer David Arnold, the track accompanies a reimagined origin story of a young James Bond. 007 First Light is set to release on May 27.

Luka Dončić and Cade Cunningham will remain eligible for NBA end-of-season awards after the league and the players’ association agreed to waive the 65-game minimum under “extraordinary circumstances.” Dončić played 64 games after missing time for the birth of his child, while Cunningham appeared in 63 following a collapsed lung. Anthony Edwards, who played 60 games and missed time due to an infection, was denied a similar exemption.

Roku has surpassed 100 million streaming households worldwide, marking a major milestone as the shift to connected TV accelerates. The company’s growth has been fueled by rising platform revenue, stronger video advertising, and continued product updates. The Roku Channel has also gained traction, hitting a record share of overall TV streaming as Roku expands its global footprint.

LIV Golf CEO Scott O’Neil told staff the 2026 season will continue as planned despite growing uncertainty around the league’s future. Reports suggest the Public Investment Fund may pull its multibillion-dollar backing, but upcoming events, including this week’s Mexico City tournament, are expected to proceed as scheduled.

Euphoria returned strong with its Season 3 premiere, drawing 8.5 million U.S. viewers in its first three days across linear and streaming, according to HBO. The debut marks a 44% increase over Season 2’s premiere and extends the show’s status as one of the platform’s most-watched titles. The season continues the story years after the characters’ high school graduation, following major buzz leading up to its release.

Italy’s fashion chamber has released a new documentary highlighting the country’s luxury training academies, featuring brands including Fendi, Dolce&Gabbana, and Valentino. The film showcases hands-on craftsmanship programs designed to train the next generation of artisans across tailoring, leather goods, and couture. Screenings will take place in Milan, Rome, and Athens.

USC has launched a new “Institute for Actor-Driven Innovation” at its School of Dramatic Arts, aimed at teaching performers how to work with AI rather than be replaced by it. Led by Dean Emily Roxworthy, the program will start with foundational AI education and expand into tools for auditions, production support, and career development. The initiative also includes partnerships with companies like Adobe.

Ariana Grande joins Ben Stiller and Robert De Niro in the first trailer for Focker In-Law, the new installment in the Meet the Parents franchise from director John Hamburg. The trailer features De Niro’s return to the lie-detector gag alongside Grande’s character, as Universal teases the film’s Nov. 27 theatrical release and the return of key original cast members.

Watch the full trailer here. >>>>

Image: David Becker / Getty Images for CinemaCon