ORBCOMM-2 Full Launch Webcast
Were entering earnings season again. While the financials themselves might be a little boring, some numbers do highlight broader industry trends. IBM, AMD, and Verizon all report this week, but our eyes will be fixed on Netflix and its fourth-quarter results release on Tuesday.
Netflix continues to be one of, if not,the biggest disrupters to ever take aim at traditional television. So everyone will be watching for thoseNetflix subscriber numbers come Tuesday, especially new US subscribers where the company disappointed last quarter with just 880,000 additions well off from its target of 1.15 million. Now Wall Street is expecting Netflix to produce1.62 million new subscribers for the three month period that ended on December 31st (Netflixs own guidance was 1.3 million). In October, Netflix launched in Spain, Portugal, and Italy leading analysts to predict 3.5 million new international additions for the quarter. The company also announced asimultaneous launch in 130 additional countries across the globe last week but those subscribers wont be reflected in Tuesdays count. Netflix has been moving aggressively into original programming in order to attract more eyeballs and was rewarded with twoOscar nominations last week for What Happened Miss Simone? and Winter on Fire: Ukraines Fight for Freedom.
The Sundance Film Festival is also kicking off this week. In 2016, Sundance received 12,793 film submissions from 120 countries. Of these, only 200 or so feature-length films and shorts were selected for viewing starting Thursday. Notable films previously introduced at the Festival include Whiplash, Boyhood, Reservoir Dogs, and Napoleon Dynamite. Itll be our second year at Robert Redfords festival in scenic Park City, Utah. Why, you ask? Ill let The Verges esteemed entertainment editorEmily Yoshida answer the question she pondered herself last year:
"This festival, along with a handful of major international festivals throughout the year, is one of the few chances we have to see movies with close to no interference. By the time the chosen ones of Sundance, Cannes, or Venice make their way to your local Cool Theatre, there will already be a storyline around them, molding your expectations. "The third act comes out of nowhere." "Theres no way so-and-so doesnt get an Oscar nod this year." "I bet you so-and-so ends up helming Ant-Man IV." In an era in which a film occupies your awareness over months of marketing and buildup and two hours of inevitable letdown, its exciting to just plop yourself down in a theatre with little more than a title, a director, and a longline to go on."
But thats all yet to come. First, lets catch up on the weekend that was.
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Source: http://www.theverge.com/2016/1/18/10784862/first-click-tktk-tktk-and-a-preview-of-the-week-ahead
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