aaron: they only care about subscribers, and the way to get subscribers is for people to be talking about your show, people to be writing about the show, for the show to get a certain amount of critical acclaim. once you've subscribed to hbo, they don't care if you're watching "the newsroom" or "game of thrones" or "boardwalk empire" or "girls" or anything else, because they are not trying to sell you a toaster in between acts. emily: let's talk about all the other options out there. you have netflix, you have amazon tv. how impressed have you been with some of the original content on some of these other outlets? aaron: if you are a writer, the more vendors that there are for content, the better. obviously, netflix is on fire with "house of cards" and "orange is the new black." amazon has the gary trudeau show, "alpha house." nontraditional tv is great. emily: how about you? are you a binge watcher? aaron: yes. not just of new stuff. i am a binge watcher of old stuff. i can spend a weekend watching "the office." all nine seasons. by sunday night i have done nothing but watch 200 episodes

projects the company will triple subscribers by 2020. >> each million subscribers drop0 million to th bot line and i think you will go vertical in earnings and you want to own that. it is at the forefront in home entertainment. people want online home content and they are changing to that. >> house of cards is already popular in china. the first two seasons on thetreming site and widely pirated there. i'm julia boorstin in los angeles. >> avon has discussed the poeg us takeover with the fbi. as we reported yesterday, a fake fighting was made with the s.e.c. offering to buy avon for nearly triple the stock price but how did that bogus filing happen in the first place. eamon javers has been looking into that. good evening. >> good evening. it turns out anyone can post anything to edgar. edgar is where invest yorz and journalists and public go to find up to the minute publications from companies and large shareholders but because so many people need to file documents it is easy to get access to the system. fill out a two page securities and exn form i.d. and they do not check the forms t

the satellite-tv service added 729,000 subscribers. -- 279,00 subscribers.t purchase of directv is awaiting government clearance. netflix is asking regulators to reject the deal saying it would increase at&t's ability to hinder online video providers. amazon is giving subscribers a new perk. they get access streaming movies and music on jetblue flights. google says mobile searches are topping desktop searches in 10 countries. google unveiled a new tool to help advertisers highlight their products in mobile results. what do the highest paid women in america have in common? they work in technology. apple's angela ahrendts takes the top spot. yahoo! ceo marissa mayer was the top a woman last year with $59.1 million. this must have been fun. for a geek who reads proxy statements for fun, this must have been a blast to work on. madeline: being able to work on a story with the highest-paid women was really rewarding because there are only eight of them out of the top 100 executives in america. cory: tell me how they are paid. she came to the company and left stock

than video subscribers.ge. for us video subscribers have been critical. we intend to grow households. so i wouldn't say that i'm worried about cord cutting. i think there's a lot of opportunities in a lot of different corners to grow showtime and we want to take advantage of that. host: what do you think? >> i think we need ghetto the consumer. i think cord cutting is a terrific catchy term. it's not as ubiquitous of what people think it is. it was reflected on the previous pap nell is that the interface by what people find that have great stories is shifting over time. and essentially what we're all seeing that their comparable. host: what do you think? >> the previous panel was encouraging to me because i think the changes that are being made are intended to sort of free up consumers from feeling obligation. i think when they do that it's a more pleasurable experience it's more fun. i think a lot of that stuff which sounds discorruptive and different can recapture the imagination. you can feel he or she ca

rising tablet subscribers held off the decline and phone subscribers.he company posted a loss of $224 million. xiaomi is on a mission to dominate the world. who isn't? xiaomi has launched a flagship smartphone in india last month. the company announced it will sell the mi4 and it will sell for $200 and only $200. it is the leading smartphone maker in china based on the number of phones sold. it is also expanding in russia, brazil, and india. we speak with the vice president of operations on the company's plans and the launch of the new phone. >> here is right here our latest flagship device. it is also the first smart phone that was smith's -- specifically designed for global markets. >> talk about that a little bit. predominantly your market is china and it is 90% of your sales so far. but you are expanding and that is why you are here. that is why xiaomi hired you away from google. the thing is -- how is it exclusively designed for a global market? what is different? >> it is different in a number of ways. we designed it in a number of ways of thinkin

numbers show there are 92 million subscribers globally across all services.ix, amazon prime, hulu. a big chunk of those subscribers belong to netflix. take a look at this chart. even they would need to see really dramatic growth for the forecast to become a reality. devices like the chrome cast, fire tv they connect the regular tv set to the internet. people don't need a new smart tv or settle for watching movies on a small screen. companies will need to look beyond the u.s. for their next growth spurt. netflix is pursuing routes into the chinese market. established carriers will need to fight hard to unbundle expensive cable packages or jump into the space themselves. looking ahead to the intersection of design and technology. i want to bring back john mica. he crunched numbers in a new tech report for kleiner perkins and you had some interesting findings. 27 startups have been cofounded by designers including instagram, airbnb, youtube. report13 agencies were fired by tech companies in the last four years. and six firms were hired last year including you jo

has surpassed cable subscribers.he largest provider of cable and broadband services it has more than 22 million internet subscribers. thanks so much for watching. i'm stephanie sy. the news continues next live from doha. ♪ >> announcer: this is al jazeera. ♪ >>> hello welcome to another news hour from al jazeera from our headquarters in doha i'm adrian finighan coming up in the next 60 minutes, saudi arabia closes schools and cancels flights in a region bordering yemen because of the fightering there. >>> new allocations of war crimes against civilians in syria, as talks get underway to try to stop the killing. >>> protests continue in burundi, as the constitutional court there allows the president

neil: aren't they largely older subscribers?n't know the answer i know they have subscribers and it's growing and people like -- aol offers a lot more than video. it's a great template and a lot of information. neil: do you think there are other type of deals to come beyond this? >> yes let me explain why, verizon built this network they used to be a telephone company the cell phones and they got into the television verizon tv, then the internet. where are they going to go with that? advertising. they're becoming a vertical company. one-stop shopping. you have the infrastructure, the technology. neil: so a whole new genre? >> aol is a whole new piece coming into verizon this is the beginning of the consolidation in the telecommunications business in advertising online. neil: dan, you sold me. don't be such a doubter is what you are telling me. dan follows this religiously. take a look tomorrow whether these type of pairings are a sign of things to come as the technology world focuses on them. site. >> a texas family inherits a h

. -- subscriber growth. summithe peterson fiscal is underway in washington, bringing together lawmakers and leading experts to explore economic and fiscal opportunity in the united states. betty liu is standing by with the president of the center for american progress. betty: that's right, mark. and also former advisers to hillary clinton, great to see you. and has been a really busy very progressive, productive day on trying to figure out what to do about the fiscal situation in the u.s.. prescriptt policy right now to get both sides of congress to work together is what? >> that the test set of issues. with interesting is how much agreement there is on dealing with the long term. i think a lot of groups and people both the left and the right are focused on additional investment in the coming years, but long-term sustainability, reforming entitlement, more agreement on medicare and social security, but also, the spectrum on tax reform. betty: entitlements is the third rail in washington. how do we get the le

mark: you will now be able to subscribe to hbo without being a cable customer.ch, for those of us -- there we go. see? [applause] i always maintain -- i always maintained that people wanted that. everyone in hollywood told me it would never happen. i think the media industry is going to grow a lot over the next ten years. i think video is going to grow tremendously. i think television in the form of everything from live television all the way through to nonfiction content, news, so forth, documentaries, fiction, drama, comedy, it will grow a lot. the reason i am so confident is that the number of people who can receive streaming video around the world is like two billion people, on its way to 5 billion people by the end of the decade. right? so i think in the future, if you want to watch something, you go straight to it. you just google it and go straight to it. or you go to youtube and go straight to it. or, new bundles. if you were ever going to buy netflix stock, i would never recommend buying it, but on a day it's dropped 25% it might be worthing thinking ab

in 2014 and for the first time, the number of cable broadband subscribers exceeded cable-tv subscribers. the trend has continued. you have wisely changed the name of the cable show to emphasize the internet. there is a more profound name change going on. you are no longer the cable industry as michael powell said yesterday. you are the leading association of leading broadband providers. it is something to celebrate. the recent decision of comcast and time warner to abandon their proposed merger has relevance to this point. brian roberts' leadership and his poignant statement that it is time to move on was not only a thoughtful response, but it was also directionally correct. it is time to look forwards, not backwards. the department of justice reached the conclusion that this proposed transaction would not be in the public interest. it is important to understand that the tipping point from cable to broadband came while this transaction was under review. we recognize the industry had changed, and we saw concrete evidence of the new competition and business models made possible by high-sp

et is the inevitabl move of a business that targets subscribers.oy can use video content leverage increased advertising spend. help people to use modified as a service not just to find music that to find video content. inhaad: what are they doing another sense? are they broadening what they they perhaps look for an set strategy, which means they could be bought out by another company? generalthere is a feeling, and james murdoch has gone on press saying this from a 20th century fox, that all content will be streamed in the future. if you take that as a starting point, spotify which is a content streaming business, felt it was inevitable to go into video. -- the paid model is under some pressure. free subscribers, advertiser funded, generate $.40-$.50 a month. content allowso them to attract more users and advertising spend. uplift the free aspects a while targeting exclusive deals around content that might entice people to move to the paid platform. ultimately which should generate a higher share of revenue for spotify, the business. creating under

to see how many subscribers it added in the past quarter. of, t-mobile increased it monfils of trevor bayne by 36%, while sprint fell 2.5% at the end -- increased its subscriber base by 36%, while sprint fell 2% at the end of last year. bo: it's such a tough market now. we have a couple of small companies dealing with sprint. they are difficult to deal with and have not been that innovative from our perspective. i'm not surprised by this. betty: how have they been difficult? bo: when big companies are really adept at working with small, innovative companies, that's a really good sign. sprint has not been. bob: any experience with t-mobile? they bill themselves as kind of the little guy. and that's another welterweight fight right there, right? for third place. we love competition, don't we? betty: and competition for the international business travel, our number seven story to my guys. if you want more privacy on your first class flight, emirates maybe your future carrier. they are changing things for passengers who want more private space f

he only has 45,000 subscribers.hat's going to change. >> ♪ oh, yeah... ♪ yeah, yeah, just like that, girl. ♪ hey, sexy lady, shane's got a message for you, ♪ so i'm gonna sing it for you... ♪ >> rushkoff: liam isn't trying to be a youtube personality, though. he's a relatively unknown musician hoping to make the big time. to do that, he's turned to a new kind of company called the audience. >> let's pull it up. let's see the 10th for instance. >> rushkoff: it's a talent agency, publisher, promoter and network rolled into one. it's the brainchild of oliver luckett. >> good to see you. >> what we do here at the audience is we run a publishing network. what we do is we basically run the social media on behalf of entertainers and artists and musicians and actors, and we help them express themselves inside of this medium. >> how many days of shooting was this? >> rushkoff: it used to be that if a kid didn't have good connections, hard work and talent was the only path to fame, and even that was no guarantee. but today, t

how the company is dealing with subscriber losses. dow up 155. i sure hope so.thcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and your ameripise advisor.... can get the real answers you need. start building your confident retirement today. ♪ building aircraft, the likes of which the world has never seen. this is what we do. ♪ that's the value of performance. northrop grumman. if you want to succeed in business, mistakes are a luxury you can't afford. that's why i recommend fast reliable comcast business internet. they know what businesses need. and there's a no-mistake guarantee. if you don't like it, you have thirty days to call and get your money back. with comcast business internet you literally can't mook a mistick. i meant to say that. switch today and get the no mistake guarantee. comcast business. built for business. >>> good morning i'm sue herera. u.s. officials telling nbc news that iranian gun boat shot up a singapore tanker in the strait of hormuz. five iran

that is twice as many subscribers than that the u.s..bout 600 million broadband drivers outside of the united states. that is a huge opportunity. for every one million netflix's, that each one dollar leverage on pricing, where china is a less envelope opportunity the other markets, that will add to the bottom line. once you are at scale, and at the bottom line, there is a ton you can add. betty: they want to could ruble the number of markets by next year. they said they will complete their expansion by 2016 so that takes them from 50 to 300 markets. say this as someone who is now on a television network, netflix single-handedly wants to put in your television out of point linear television out of business? >> i think you're talking about a change in television. what netflix sees ending is the idea of linear television. television will follow that change would bloomberg will be on demand, cnbc will be on demand, all of this stuff will be on demand, and they want to be at the lead of that. also in asee this week where verizon has bought ao

if an agreement is not reached by tomorrow at 2:00pm, wave subscribers will not be able to watch kron 4. please know that we have tried hard to reach an agreement with wave and we will continue to negotiate. without fair and equitable treatment, local tv stations will not be able to continue to provide top quality news, sports, entertainment, and other local programming that is most important to you. for further information on this story and to learn more about alternate pay-tv providers visit us online at kron 4 dot com. still ahead the brewers and news about the warriors gary has all of your sports up next ♪ ♪ ♪ >> gary :three home runs and madison bumgarner on the mound more than enough to beat the last place brewers madison bumgarner was good: 6 ip, 3 runs but it was the long ball that did it for the giants top 1st hunter pence - takes matt garza deep to center for solo shot top 4th, 3-0 sf matt duffy - the 2 run blast off of garza 5-0 sf duffy: hr #3 top 7th, 5-3 sf brandon belt - homers to right.his 5th homer this year 6- 3 sf belt: batting.301 this year final: 6-3 giants giants

through, comcast will quadruple its cable subscribers. the industry is seeing dealmaking heat up with industry competition from amazon, netflix, and other online services. vodafone is considering an ipo for its indian business. it is india's second largest mobile subscribers. it is the biggest unit by customers. it accounts for 10% of become a's total revenue and the growth is outpacing more mature markets. the company will make a decision after an important is put together by the investing bank rothschild. both vodafone and rothschild declined to comment. it looks like it could get a lot easier to buy pepsico drinks in japan. some tourists have been selling pepsico tracy japan and they have decided to buy 265 million vending machines from japan tobacco. it includes two beverage fans. vending machines are considered the best sale source for soft drinks, according to research for the extra vending machines could help the company -- according to research. extra vending machines could help close the gap and coca-cola. coca-cola still has the

guest: the times surrendering their million paid subscribers to go on this platform -- that is one of the potential downsides. they are all looking into the future and one of the other potential downsides is -- i think the uneven playing field is a huge issue and the faster they can get everybody up to speed, the better off we will all be. sponsored content is also something that's going to be a part of this and as a nonprofit investigative journalism organization, we are very nervous about sponsored content because you have to pay. emily: they have talked about the advertising and how the dollars are going to be divvied up. if the "new york times" sells an ad, they get all the revenue. if they sell an ad, they get 30%. we all have so many media sites competing for our eyeballs. do you have a concern that not being part of it hits the huffington post at a disadvantage? guest: not at all. the huffington post has consistently been a top publisher on facebook and i believe it will continue to be. i'm excited to see how instant articles plays out because the multimedia experience is somet

for our bloomberg subscribers on macau.aking a look at other headlines coming here is haslinda. haslinda: deutsche bank is settling a u.s. inquiry into claims it misstated its accounts, regulators estimating its overstated the value of its derivatives portfolio by more than $1 billion during the financial crisis. deutsche bank has agreed to pay admit anyll not wrongdoing. it also faces potential fines related to its mortgage businesses, and it is under investigations for allegedly violating u.s. sanctions. rover, the latest to feel be slowing demand for cars in china. it has reported its lowest profit in two years after sales slumped in the world's biggest vehicle market. third, $465by one million. bmw and general motors are slashing, but they say they have no plan to follow suit. and an airline facing more turbulence. agreeing to invest in the carrier, that plan may collapse. local media says their biggest rejectr is preparing to ana's involvement, and it also says they must have a plan by the end of the month, and those a

in video netflix 60 million subscribers and spotify with as a million subscribers. there is no reason that should not be in the book space. >> you think publishers will change the model or publishers will change or a dramatic shift in author power? what do you think will allow those changes to happen? >> i think it will just gradually happen over time. when we started in this direction over two years ago, every book publisher said no, and now we have a few thousand publishers signing up a new one every day. four of the big fives are providing books in some form or another and expanding the number of books they are giving us. we have not had a single publisher put up books and take them down they only put occupy more over time. tow so i think it is just a matter of time. >> what do you see? your industry is education. but from what you see in education what do you think the trade book world is going to look like in five to ten words? >> i think for the trade industry a long time ago i used to say we all expected e-book to be growing faster several years ago and it to

than they had video subscribers. there is a very clear message there. for us new distribution has always been critical. and we intend to grow households. and we need new ways to do that. so i wouldn't say we're that worried about cord cutting. i think there is a lot of opportunity in a lot of different corners of the marketplace to grow showtime and we want the take advantage of that. >> what do you think? >> i think we need to get to the consumer. and i think that cord cutting is a terrific catchy term, and i think it's not as ubiquitous as people think it is. but i think what is true and i think that was reflected on the previous panel is that the interface by which people find and consume great stories and great content is shifting over time. and essentially what we're all working towards is having an interface that is comparable to the best interfaces that anybody can field. >> you must be watching the launch of hbo now. what do you think? >> i think the previous panel was encouraging to me because i think the ch

than video subscribers. there is a very clear message there. for us new distribute is -- distribution is all critical. we intend to grow households. we need new way foss do that. -- ways to do that. i wouldn't say we are worried about core cutting. there is a lot of opportunity in a lot of different corners in the marketplace to grow showtime. julia: what do you think? john: we need to get to the consumer. i think cord out cut something a terrific catchy term. i think it's not as ubiquitous as people think it is. what is true and reflected on the previous panel is the interface by which people find and consume great stories and great content is shifting over time. and essentially what we are all working towards is having interface that's comparable to the best interfaces anybody could feel. julia: you must be watching a lot of hbo now. what do you think? josh: i think the previous panel who was encouraging to me because i think the changes that are being made are intended to sort of free up consumers from fi

subscribers, the 15 million paid subscribers as well. >> whenever a new watch or phone comes out.e developers who are partnering with that company. in this case, vice, comedy central, how would you characterize the strength of their partnerships? >> i ran outside after i heard about vice and comedy central. to get ready to bring you this news. i want to see what more they have to say. what other content partners they're bringing on board. and also how they address this issue that we're hearing from the recording industry more and more, we want you to amp up the number of paid subscribers you have. not give away quite so much for free. how are they going to balance that message that the recording industry where their base is, what they want to hear, with all of these new features that they're trying to bring to users. carl? >> jon, i have another question, what is the pitch for the spotify user on video? are they trying to become a stand-alone video destination? or is it more of a nice to have thing for users that are already on the platform? >> kayla it sounds like they're trying

you subscribe to it you did not pay for this report specifically. did you know when it was going to come out? >> no. >> did you change your position ahead of its release? >> i actually forwarded ann the mythra report because i knew she had been working on this. because it's been something she had initiated on a year ago. her first discovery a year ago, is what got us short the stock. she discovered they had seven physical stores in china. they had never disclosed in any of their financial statements or to their investors. if our business, if you lie to me once andky prove it, there are probably bigger lies. >> did you change your position this week? >> probably six times, i shorted some after mythra and because it was on seeking alpha pro and not seeking ail faxt i covered some ahead of their earnings, i figured since they're making up their numbers, they're probably going to be amazing and i shorted some after this report. >> and it's interesting. because we, we did look that up in the conference call. we actually listened to it. and specifically,

. >> host: young people, are they subscribing to these local papers or is it the older population? >> guest: oh, i think young people subscribe to them because i've often said as long as there are refrigerator magnets, there will be local papers. if you were the high school quarterback star of the football team and your picture's on the front page with the winning touchdown at the state championships, you're going to clip that out and put it on the refrigerator. so i think as long as it's about you, it's going to survive. and that's what local papers are they're all about you who live in this town. >> host: judy mull muller what do you teach here at usc? >> guest: i teach broadcast journalism at the annenberg school. i was a correspondent for abc news for 15 years and before that cbs news. so my background is primarily in broadcast, radio and television. but before that my very first journalism job was at a small weekly newspaper in new jersey where i really, i really got hooked. i mean, we were, we thought we were just so great. there were three of us, and we were all in our 20s:

. >> i'm subscribing to this guy as soon as i get back. >> and a speed climber shows off his skills. >> he's like a spider. yoyou'u'rere w welelcocomeme.. ugugh...you're the valet? yea, sorta the valet. bobothth d dririveve f foror a a l liviving, bobothth l likike e toto s savavee money on car insurance and we both know yoyou may not get ththisis c carar b bacack k inin the same condition. watch your toes. wowo! ! yaya b boyoy..... . geget t itit!! sosortrta a yoyou u isisn'n't t yoyou.u. wiwithth d dririvevesesensnse e frfromom e esurance, yoyou u cacan n eaearnrn a a pepersrsononalized discount babasesed d onon h howow y youou d dririveve nonot t hohow w sosomemeononee sosorta like you drives. yoyou'u'llll e eveven n geget t a a didiscount just for signing up. esesururanancece. . babackckeded b by y alallstate. click or call. female announcer: the mattress price wars are on at sleep train! we challenged the manufacturers to offer even lower prices. now it's posturepedic vs. beautyrest with big savings of up to $400 off. serta icomfort and tempur-pedic go head-to-head with three ye

. >> one million subscribers! >> so he's celebrating.lebrate than getting a whole bunch of fireworks and setting 300 of them off at the same time? >> i love this guy. i want to be his best friend. >> you could be his best friend. call him up. y'all could totally hang out together. this is such a colin firth way of celebrating a million subscribers. >> they sort of put this whole thing on the back of this whole truck. every single one of these and the way they light the fuses at one go is it basically set off like a gas bomb? they press this spot and, boom lights all the fuses. a million explosions in the sky. >> i don't want to call him an evil genius. he's a pyrotechnic genius. give him a show already. >> that's a cool shot there. light up the countryside. i'm excited. we're all excited. >> do you know who is not excited? his neighbor. >>> best friend's play time. >> sweet old guy out for a walk in the park. looking for the bathrooms. suddenly he collapses. >> a young lady nearby notices the man go down. she runs up and she's like my pi

, more than three quarters of our subscribers, also have netflix.k that a lot of our subscribers also have hbo and showtime. we don't think of it as a zero-some manner. we think there are a lot of very passionate video customers out there who want to get access to all kinds of great video including hulu including netflix, including cable tv. that is why we are working with cable tv operators because consumers really love video. they want to get anything -- everything and we want to bring it to them. betty: that is interesting. why do you think they are also going to you when they have netflix as well or amazon prime? tim: because most of the way that the content deals are working these days is that we are mostly focused so our amazon and netflix on exclusive content as well as our own originals. we recently cut an exclusive content deal to get "seinfeld," "empire" which is the number one tv on -- number one show on tv this year. as well as cable network fx. doesn't exclusive deals for other content as does amazon. -- netflix does exclusive deals for

comcast has more internet subscribers than cable tv subscribers.livia: why is the future brighter for them without time warner cable? gerry: people are getting more video online, and the focus of the business is shifting right now. you still have to get your internet service from comcast so even though the number of people getting cable tv they are cutting the cord and using things like netflix and who live , you still have to sign up for internet. the focus for comcast is selling more internet service. tom: they really revert to use of cash. x the merger, do you series the -- do you see the share buyback as stated, we are not going to do something, but reverse -- revert to the past and rely on shareholders? gerry: they are announcing their share buyback, that their balance sheet is strong. whether or not -- the fact that time warner cable did not happen, then they suggest that the balance sheet is strong and they are getting money back to shareholders. comcast has a lot of options going forward. analysts are saying comcast gets into the mobile pho

we see broadband subscribers exceeding cable subscribers, and at the same time we have seen a number of regulatory actions by the fcc. what will the open internet rules play in this review or behaviors that would be imposed on these companies? would the fact that companies are tied to common carriers have any impact on what they can do post merger? gene: we don't know what the final disposition will be, but we know what the orientation of the regulatory agency is to impose that kind of nondiscrimination requirement on a cable broadband provider. i assume that will be the logic they will apply in reviewing the transaction. whether their rules take care of it or they would look at alternative conditions, i don't really know. certainly that would be there orientation in reviewing the transaction. harold: i think that is right. there are two types of things to look at in the courts. one is whether the commission has the authority to designate a title to broadband. the second is an equally if not more troubling issue, the extent of the forbearance authority the commission has. the commiss

it's about that subscriber -- the subscribers wanting content. >> steve, we're all-time highs.ittle lofty. >> a little lofty. there was a river of red on the whole. are there good stories? there always are. hilary, when you mentioned the disney cruise. i need to say as a disclaimer. i respect disney as a stock and company, i took the disney cruise. it was hell on the waters. holy cow. everyone got neurovirus. it was horrific. i won't go into the details. listen, while i respect disney, that's a singular story. because of espn which might have been the stepchild. it's now the golden boy. if you're not investing in disney, if you've been a consumer investor, you had a terrible day. terrible april. housing hit a three-month low. retailers are struggling dramatically. are there stories like disney? is the consumer doing well? no. matt: these retailers are pulling back from all-time highs. six, 7%. you can't hit them to hit a high every day. the fact they're pulling back a little bit -- >> they're not pulling back a little bit. they're pulling back a lot. matt: it's not a lot. >> i

once you are a member, once you subscribe to netflix you do not kachblt it's very sticky. but if you look at the stock it turns around. it retraces 15% down, 15% up, very quickly. >> this could be a $1400 stock in five years. >> $1400 in five years. >> i did the math on the back of this piece paper. 150 -- let's say 150 paid subs in five years. they should be able to get there. they are at 65 now right? they have raised the price to $12, which they can easily do. $21 billion in revenue, 20% margin, 70 bucks a share, 20 multiple, that's 1400 buckets. >> but they have to grow -- to support that you have to support 120 times multiple. >> i have never disputed this is excellent in terms of their disrupter, they have technology. it is a conduity. i don't think they are a media company, don't think they should be traded that way. therefore i think you have to look at the international growth, can it grow into 120 times? the best is here right now. >> you do not short netflix but i think assuming they are going to double in the next five years is an aggressive assumption based on

. >> pam: put an important announcement for fuel subscribers of wave broadband formally called a sound the contract to carry kron 4 if an agreement is not reached by tomorrow we subscribers will not be able to watch kron 4 please note that crown has tried hard to reach an agreement and we continue to negotiate without fear a cool treatment local tv stations will not be able to continue to provide top-quality news sports entertainment and other local programming. his most important to you for further affirmation on the store to learn more alternate paid tv providers is it online at kron- 4-dot-com. >> pam: coming up sanjay as it is the big screen in the next two days and out as this disaster of a tax expert next and then also had some i city changes and tracking it is making in the weight of that did the train stars doing johnson also known as the rock and the trailers for the film shows several powerful destruction we want to know just how scientifically accurate those images might be. kron 4 trolls clifford went looking for an expert opinion. >> reporter: san andreas action impact hol

cable tv subscribers and the trend has continued.ve wisely changed the name of the cable show to emphasize the internet. but there is a more profound name change going on. you are no longer the cable industry as michael powell said yesterday. are the leading association of leading broadband providers. it is something to celebrate. now the recent decision of comcast and time warner to abandon their proposed merger has relevance to this point. brian roberts leadership and his simple and poignant statement that it's time to move on was not only a thoughtful response, but it was also directionally correct. it is time to look forward, not backwards. this is not the time to dwell on the reasons why the federal communications commission and the department of justice reached the conclusion that this proposed transaction would not be in the public's interest. but it is important to understand that the tipping point from cable to broadband came while this transaction was under review. we recognize that the industry had changed and we saw concr

2009 with more than one million subscribers. >> oh, my god!> fred is sort of an internet phenomenon. >> but with a following that size, who are the brains behind the operation? comedy sketch group in new york? >> oh, yeah, yeah. >> a major entertainment company in hollywood? >> uh, no. >> how about a teenager in rural nebraska? >> oh, my god! it's cold! >> if you guessed the teen, you're right. fred is the brainchild of a 16-year-old boy named lucas cruikshank. the fourth of eight kids, lucas has been coming up with funny characters as long as he can remember. >> i was always like making random characters and sketch videos with my family with my mom's camera. >> but after receiving a camera of his own at 13, lucas unknowingly took his sketch comedy videos over to a whole new level. >> like i had two cousins over, and we started making just a bunch of random videos and posting them online, thinking nothing of it. i like to understand that people from all over the entire world can watch the videos. >> in october 2006 one of his videos featured a