for reaction on the netflix numbers let's bring in dan rgan, which owns shares of netflix and joins us from atlanta. i want to show you a chart that i'm showing inside my terminal and the story that you are pointing out as well and the slowing rate of growth for these u.s. domestic subscribers, how worried are you about the growth is slowing? >> on the fourth quarter, they only get 400,000 domestic subscribers, which was a 72% drop from the fourth quarter of last year and yet they were still able to ink out some growth in terms of revenues and 23% in terms of domestic subscribers and looks to me like they are countering the dropoff of domestic subscribers with these price increases and getting more revenue per total subscriber which is allowing the domestic revenue to go up but you are seeing a huge dropoff like you mentioned, 400,000 domestic subscribers of 8.7 million total subscribers in the fourth quarter so it's a very small piece of their overall growth. >> is it the competition from disney, from apple tv that is starting to bite here? >> it looks like it is. if you were a bear o

connell: there is netflix down by 3%. go ahead, scott. >> it is a pretty good reversal if you look at the initial pop. i think jeremy is right. you have to look at different ways as far as the sub numbers. frankly while this number is right down the middle of the fairway as you commented while the market didn't move the stock much, it is probably not good enough. connell: no. >> i said earlier the market rallied the stock pretty good after 3 1/2 months after this earnings report which was not a great one in the quarter before and certainly not a great one in the quarter prior to that. these numbers are not good enough for netflix to taken main valuation levels. if you have trapped in the stock for a year or so i think this is a chance to divest. connell: that is the stock par of it, jeremy, liz will jump in on the comments on business side of it, what about the future? let's talk about it a little bit now. we know disney is in the game. apple in a different way. we know hbo is coming on. we know the the peacock network is

also coming up it may not have won so many golden globes but netflix is still gunning for awards gold and forcing the cinema and history to change a look at what that could mean for a theater near you. and manila's growing thirst for water threatens to wash out villagers living upstream from a new dam project. this is your business report i'm stephen beers it's good to have you with us markets in europe and asia are down as investors response of mounting tension in the middle east a sell off comes amid the continuing fallout from the killing of iran's top military commander qassam solo monny in a u.s. drone strike on friday. worries about potential conflict in the region have pushed oil prices even higher after friday's gains this time more than 2 percent up that's a big concern for asian markets which rely heavily on the middle east for their supply but it hasn't all been doom and gloom news that washington in beijing my son a trade deal next week since shares in china up. and let's check in now with our financial correspondent in frankfurt chelsea delaney and chelsea how is the outl

netflix earnings. it's time to risk less and make more "options action" starts now. >> all right welcome back. lets get do it we begin with the transports like the markets hitting highs kansas city southern norfolk southern fedex, union pacific, leading the group as earnings season is about to kick off. but carter says one of these names is likely to pop more. he is at the plasma who is the name carter worth. >> interesting of course the dow jones transportation industry has not made a new all time high but making 52-week highs to be determined but railroads it's a big part of the transport index. in addition to names like fedex and ups. but here is the railroad index names you know like union pacific. norfolk southern, ksu. let's draw some lines. is it this it has all the elements of that. but let's do it a few other ways so we plunge 17%, recover 23%. and overs past eight months what we've done is gone up 2.5% 2.5% in eight months it couldn't be extended if you made no progress despite the straight d

we could netflix and grill not quite. but mike is going to grill you on a way to chill around netflix earnings. it's time to risk less and make more options actions starts now >> welcome back. let's get down to it we begin with the transports like the markets hitting new highs companies like union pacific leading the group as the earnings season is about to kick off. one of thesenames is likely to report more. who is that name carter >> the dow jones is making 52 week highs but railroads, it's a big part of the transz port index. names leukofed ex and ups but it's only four stocks. names you know, let's draw some lines. is it this it has all the elements of that, but let's the it a few other ways so we plunge 17%. we recover 23% and over the past 8 months what we've really done is only gone up two and a half percent in eight months. it couldn't be suspended if you made no progress it's very symmetrical. the time spent down, the time spent back up put a line on the top and has all the elements of a very well defined level

for instance, netflix is global. if you look at what's happened in the technology world, you're going to see content, movie, videos, et cetera, go from being dubbed and closed captioned to looking like everything is spoken in the native language over the next five years and you'll be able to back update not all but a lot of your libraries. being global and having that technology is going to be a huge advantage. that's part one. part two, every single new smart tv that comes out has netflix as an option. you go into the gym, every smart workout device has netflix as an option it's ubiqutous not just here but becoming more ubiquitous globally as well i don't see their competition negatively impacting that at all. >> the interesting thing, mark, is what joe brought up a while ago, suggesting that netflix was no longer, quote, unquote, hyper growth company, but yet has a hyper growth valuation how do you reconcile that? >> i mean, you don't have to be. when you get big, the law of big numbers takes over and hyper growth

if you look historically traders on netflix, they complain once they show to a netflix, they feel mercy to the algorithm as any other platform because they don't get that additional marketing support, billboards everywhere the way disney can promise them with their reach across linear -- with their reach across theme parks i think that will be a continued fight to say netflix this more than just where all of the people are, it's actually a cultural experience. the other more traditional players are very well set up to do that. >> the bottom line question is, is this a fair fight between netflix and all of the other streamers? because if it is, doesn't netflix lose i mean, look what disney's got in terms of library and brands that they bought over time look at all of the money apple has. the story on netflix was supposed to be they had better algorithms do they? >> yes, is there going to be a netflix theme park are they going to have to come up with multiple additional revenue streams? >> are they just a media company, data play >> they spend a lot of money on content. they have one part

will already have netflix, so the key for them is to have consumers staying with netflix and obviously the strategy is to diversify internationally, so international have strong growth. diversify internationally, so international have strong growthlj mentioned just that that the streaming market is becoming increasingly crowded. netflix was once the upstart, the disruptor for all of this, and now it finds itself in the position of being almost the dinosaur, with these new firms starting up trying to take a slice of pie. obviously everyone is trying to gang up on it and take it she has. it is not a zero—sum game, we have not got them coming in and they will only have one, people will subscribe to more than one streaming service so the key for netflix is to be one of these streaming services, and in order to do that they have two invest into other countries. and in order to do that they have two invest into other countriesm it about the content offering compared to lower prices? it about the content offering compared to lower prices7m it about the content offering compared to lower pri

netflix has plenty of momentum. was eightbscriber ad point seven 6 million when you include domestic and international versus the consensus estimate of 7.6 5 million. joe: so far we see markets liking the response. obviously, up 3.5%. that change to streaming additions obviously, the key number that people want to see. scarlet: as for the first quarter, this quarter right now, netflix is giving a forecast of seeing an increase of 7 million. analysts were looking for an increase of 7.8 2 million. a little lighter than what had been anticipated. analysts had made a point of noting the guidance for the first quarter faces tough comparisons. netflix added 9.6 million users. pretty hard to top that. netflix still holding out 1.1% pure let's dive deeper into the action with our reporters. abigail, get us started. abigail: we have declines for stocks on the day. fears around the coronovirus. the laggard from an index perspective, the dow transports down 1.8%. the worst day in almost two months. this has to do with the idea

i would imagine price cuts are inevitable. >> from netflix? >> after a while the content and costs associated because they borrow high to do that, the spending and the spending is way above everybody else's >> we talked to analysts who think they need to introduce a lower priced support and maybe peacock provides a runway for them to do that. >> perhaps they have been innovative and running routes on everybody for years. i've been using all the services they're quite good disney plus is particularly good and apple tv is great. >> today, disney announces march 24th launch in western europe. >> they're spending money and willing to do price competition. i don't think anybody is making money on this but it's great for you and me and how it impacts netflix going forward and their strategy they still have great shows and lots of them. >> how much do you think the academy awards makes a difference for netflix, the fact they're nominated and holds viewers to the platform. >> the award shows are so silly yet important. i was in los angeles and did int

i believe it was a 15-year contract should netflix go after the nfl. >> i don't think netflix needs to. >> okay. >> there will be competition i think for the packages from the faj ing owe phang crowd. amazon, google, others but netflix as a pure entertainment play is pretty well positioned. i think the issue is that the streaming wars on entertainment that everybody is focused on is missing a big issue. which is when the cable and satellite disconnect happens and the bundle continues to decline those subscriber fees that are supporting news, programming, like this, and sports programming like espn. >> i like where this is going. >> that has a dwindling revenue base and the issue for all the traditional guys among other things they have to manage on entertainment transition is how they manage all that live television programming which will be the guts news and sports will be the guts of -- how does that get supported over time and that's the big question that people are no where near as focused on as they should be as the entertainment wars play out. >> it's a big question big question

like think about who netflix competes with. it's not hbo it's li it's li it's like youtube and tick tock. there are infinite supply. and so much content given away for free because being used to support other activities amazon prime being a great example of that. so i feel that he's right. i don't know about the timing. i would never be a good professional short seller. because i would throw my hands up really quickly. i no he he's been patient with this short whether or not he makes money, i can't tell you but i don't want to be long in netflix. i think it's at risk. >> with netflix about to report, this is probably the most important quarter for them to report in the last several years. you are coming off a quarter. >> q 4 disney. >> in terms of quality content they have come out with a slate of content like you have not witnessed in prior years they have also had to endure the introduction of disney plus and apple tv you are going to know if they are going to get margin expansion. i think that's the story for netflix. can th

launched in november, but netflix is hard to beat. i think these are teflon like numbers. strong in terms of international subgroup. there are fears out there in terms of disney and the impact, i think they continue to see the stock move higher based on these results. continue to see the stock move higher based on these resultslj continue to see the stock move higher based on these results. i am not going to hide my bias, i am a huge fan ofjibley films, it must have cost a lot of money for netflix to sign them, do you think it is worth it? yes, it all comes down to content stopping just in the us but across asia and everywhere. right 110w across asia and everywhere. right now netflix are spending 15 billion, especially with disney coming at them with a target on their backs, i think this is a smart, strategic move especially on the animation side. would you say the market is getting a bit too saturated or is this a good thing for consumers?” think you are starting to see some fatigue out there, in terms of the streaming side, but lo

up next we'll dive more into netflix numbers and what it means. earningsro fm united airlines due out at any moment. "closing bell" back in 90 seconds. eed something better. eed something better. that's easily adjustable has no penalties or advisory fee. and we can monitor to see that we're on track. like schwab intelligent income. schwab! introducing schwab intelligent income. a simple, modern way to pay yourself from your portfolio. oh, that's cool... i mean, we don't have that. schwab. a modern approach to wealth management. >>> welcome back breaking news on intel >> reporter: that's right. intel announcing at the company's january 15th board meeting andy bryant stepped down as chairman. bryant been at intel for a long time in a number of different roles including cfo. remember he did tell us back in march 2019 he didn't intend to stand for re-election. keep in mind intel scheduled to report results thursday after the bell guys, back to you. >> all right josh lipton. netflix shares trading lower in after hours after reporting earnings, although

may not have won so many golden globes but netflix is still growing and forcing the cinema in this region change. manila's growing 1st for water threatens to wash our villages living upstream from a new dam project we have an exclusive riffles. this is business as are your update on asian and global business news on the w. as well come markets in asia down on monday as investors responded to mounting tension in the middle east this comes amid the continuing fallout from the killing of iran's top military commander so let us drone strike on friday worries about potential conflict in the region have pushed all prices even higher after friday's gains this time more than 2 percent edging past $70.00 a barrel on monday that's a big concern for asian economies which rely heavily on the middle east for their oil supplies. as. well as check on european markets today with delay need joining us live from frankfurt charles the. tensions visible in trading in frankfurt. investors are certainly rattle's here in frankfurt but also as you mention globally by what happened over the weekend and particular

the real thing with he netflix, which i'm bullish of netflix, they are strong internationally, different from other services, they want to establish themselves with more and a more original content. so if i was betting on it, i would say netflix would be more interested in something like that, yeah. lauren: and apple just got a big win. they just signed julia louis dreyfus, she has the most number of emmys, she started with sign seinfeld, started with broadcast television, went to cable with veep on hbo and now she's with apple. does a that up apple's game here? >> in my view, not really. it's very early for apple. they have an ambitious slate of programming. i think they're doing something that should be applauded. there's been mixed reviews on some of the services. they're acting like a film studio, trying to build loads of new content from scratch with a big budget. some of the things will work, some won't work. again, they're very different than netflix. so probably just at the incremet will help. lauren: so many choices out there. thank you for the time. cheryl: our question of the

netflix, $337. growth overseas, not so much here. what do you make of netflix? >> yeah, they beat by a lot overseas. missed the guess by 50,000 here, beat it by 1.1 million. here's the thing that i think the market is telling us when it was up a lot more in premarket. here's what the market is telling us. netflix is going to be one of the big winners. streaming is so important. they are doing 130 international new tv series this year alone. stuart: 130? >> 130. that is two a week. they are killing everyone on content. that is why they are getting so many international subscribers. the market is telling us yeah, disney's got some new people, apple's got some new people and we like their stocks, they're up, but netflix is going to be the predominant player in this streaming thing going forward. ashley: what about [ inaudible ]? how sustainable is that? >> that's right. they are going to be down about $2.25 billion this year but they are playing the long game, not the short game. ashley: okay. stuart: all right. got that, hold on a second. let's get to the coronavi

same with netflix. netflix has a little bit of something for everybody. i'm not sure what comcast and peacock represents to the average consumer and they probably have to spend a lot of money to make it known. taylor: i wonder the capacity for these different streaming services per person, per household. lucas: the average household spends something like $85 on cable. as you can see from netflix's numbers, add $12.99 to that. we are spending $100 per month on video content. people are very comfortable spending $100. above median household incomes $125.ne going to they will add as many services as they perceive they need to add. adding concept that is not necessarily original, they could the old stuff like "friends," th ey are not all exclusive. disney has old stuff like the simpsons, which makes it worthwhile for a guy like me. people have the capacity to spend $30 or $40 if they are below me in income. i see the streaming services proliferating. i don't think they are competing for subscribers for the first year or two. that will come when they start to

there are two stories for netflix. the domestic story where growth has been slowing we even saw subscribers decline in the earnings report this summer, so we expect the u.s. numbers to be much smaller than international numbers. internarnl internationally, netflix is expected to grow about 7 million new subscribers and i think there's going to be less of an impact globally because disney plus is only really launched here in the u.s. it doesn't launch in western europe until the end of march. so i think there will be two different stories for netflix. international growth as international subscribers are less valuable, but it will be interesting to see how the numbers play out because for the first time, netflix is going to be breaking out the success of different regions and instead of just reporting the u.s. numbers separately, they're going to bun l together the u.s. and can adah >> sarah, i want to talk about something else because from what i understand during your fine reporting, some of these firms are actually g

nice move for netflix but i don't think it lasts. >> i am not high on netflix, i don't buy a stock based on a benefit from a tax cut. or taxman afte after you -- maneuvering, you look at forward guidance that management team gave, 7 million subscribers. 15% or so reduction in amount of adding new subscribers that looks like a failing company going forward. because, the competition, domestically and globaly there are a lot of streaming services that open up in the fast, and emerging market. >> they are cheaper than netflix. >> right. and they come out with the big deals, possibly signing harry and meghan and spending mega-money, and netflix is a one-hit pony. >> no, no from a business case perspective. they spend money on contend but they own that forever, they have a huge entrenched base, have you want wash next month -- watch next month. david: we have to move on. jess car, thjessica first shot . >> democrat and republicans clashing as senate impeachment trial begins with both sides calling foul, we bring you a live report from capitol hill with latest next. >> this is not a process for

netflix sees itself as the future of cinema but failed to make the impact that was expected and some those golden globes in the hollywood streaming service have led the way with $34.00 nominations of course t.v. and film but only managed to score 2 awards best picture was won by you to go through some members production 917 between netflix the irishman marriage story and the 2 pope's h.b.o. won the battle of the t.v. production company is winning 4 awards including one for its historical drama the noble. well that fix may have come out of gold the golden globes disappointed but the future seems to be bright spots all still deep in its movies on not only getting more critical recognition they also keep bringing in subscribers all challenges all the traditional movie industry. despite receiving far more nominations than actual awards at sunday's golden globe ceremony it's clear that netflix has become a tough competitor for the world's leading film studios with high quality in-house productions like the 2 popes and the irishman the streaming service is making life difficult for traditi

to netflix the irishman marriage story and the 2 pope's h.b.o. won the battle of the t.v. production companies winning 4 awards including one for its historical drama noble . on f.x. may have come out of gold the golden globes disappointed but the future seems to be bright its focus are still deep and it's movies are not only getting more critical recognition they also keep bringing in subscribers or challenges all the traditional movie industry. despite receiving far more nominations than actual awards at sunday's golden globe ceremony it's clear that netflix has become a tough competitor for the world's leading film studios with high quality in-house productions like the 2 popes and the irishman the streaming service is making life difficult for traditional broadcasters cinema operators and hollywood as a whole a recent worldwide study revealed that the majority of those who had already used a streaming service no longer relied on traditional linear forms of television in daily life that's the case in nations across almost all continents cinema operators to having to loo

also coming up netflix may not have swept the golden globes. but it's still a game changing force for the movie industry a look at what that could mean for a theater near you. when there was a growing thirst for water threatens to wash out villagers living upstream from the new down project. this is the w. business i'm joined now on a fresh rating week hasn't brought any new optimism with it persistent fears of a military clash between the united states and iran have caused oil prices to surge and stocks to tumble ukrainians have taken to the streets to mourn the death of military commander. meat was killed by a u.s. drone strike last week stocks in asia europe and the middle east are all or wall street on the other hand parents of its losses even as the angry rhetoric between the u.s. and iran continues. our financial correspondent. joins us now from wall street now fellow we saw markets for the most part seem unrecovered from the increase of tensions in iran although there was that uptake on u.s. indices are they on their way up generally do

now and netflix may have come out of sunday's golden globes disappointed but its future is bright its pockets are deep and its movies are not only getting more critical recognition they also keep bringing in subscribers all challenges for the traditional movie industry despite receiving far more nominations than actual awards at sunday's golden globe ceremony it's clear that netflix has become a tough competitor for the world's leading film studios with high quality in-house productions like the 2 popes and the irishman the streaming service is making life difficult for traditional broadcasters cinema operators and hollywood as a whole a recent worldwide study revealed that the majority of those who had already used to streaming service no longer relied on traditional linear forms of television in daily life that's the case in nations across almost all continents. cinema operators to having to look for creative solutions it's now too easy to enjoy the latest blockbusters from the comfort of one's living way in a movie theater outing with friends and popcorn no longer a truly appealing

the best drama and best director award still in the top prizes from the night's expected big winner netflix will report from a star studded night. i'm sorry kelly welcome to the program u.s. president donald trump has vowed to impose severe sanctions on iraq if it expels u.s. troops deployed there are rocks parliament has called for all foreign troops to leave but trump said that baghdad would have to pay for the cost of an air base if that happened meanwhile iran's leaders have presided over the funeral of general the money and others killed in the u.s. drone strike on friday. weeping over the remains of iran's top military commander. the supreme leader ayatollah ali hamdani visibly moved as he led funeral prayers for his former close ally. hundreds of thousands of mourners gathered to pay their respects to general kasem sulaimani killed in a u.s. drone strike in iraq on friday. i mean if you have a bomb on a peace his assassination is considered a declaration of war by many iranians. speaking at her father's funeral the general's own daughter has promised reprisals positive identify her 5

also coming up it may not have won so many golden globes but netflix is still gunning for awards gold and forcing the cinema industry to change look at what that could mean for a theater near you. and manila's growing thirst for water threatens to wash out villagers living upstream from the new dam project. this is your business report i'm stephen beers in berlin it's good to have you with us. stocks in europe and asia have fallen as investors response amounting tension in the middle east the downward move follows the continuing fallout from the killing of iran's top military commander qassam solo money in the u.s. drone strike on friday worries about potential conflict in the region push oil prices even higher after friday's gains this time more than 2 percent that's a big concern for asian markets which rely heavily on the middle east for their supply but it hasn't all been doom and gloom news that washington and beijing could sunnah trade deal next week that shares in china up. and let's check in on european markets now with chelsea delaney she joins us live from frankfurt the chel

you have to believe in go big, go home strategy netflix has, charles. charles: full disclosure i took profits on a netflix position this morning. bought on weakness. i didn't have the nerve to hold on. before i ask you, new report i saw. online data,. >> sure. charles: shows 69% of parents give their children allowances, between ages 4 and 14. on average talking 10 bucks a week. the main reason they want kids to learn how to manage money. turns out parents could learn from them. the database -- >> i feel implicated here, charles. charles:s save 42%. the parents only save 8%. what do you say parent of the year? >> bravo to the kids. go, go, that is fantastic they're saving. nothing against children, mine included but they're not paying the mortgage. they're not paying tuition. that said, hats off to the kids. certainly is easier to learn anything young versus older. if they figure out the value of a dollar, god bless, hats off. charles: maybe we elect them to office, they get down the national debt. >> coming anyway whether we want to or not. charles. ch

more content is being pulled from netflix. i just do not think they can spend their way out of it, like they have had in the past. taylor: that was emarketer's eric haggstrom and tru optik's andre swanston. ibm pleased wall street by beating five consecutive quarters of declines. the company's push into the hybrid cloud market appears to be paying off. i got perspective from cfra market research firm analyst david holt. david: with the fx impacts, those were slightly smaller than expected. domestic businesses were in line with expectations around 200 basis points. but when you dig a little deeper, the cloud economy was towards the higher end of those were slightly smaller than expectations, of around 9%. high single-digit growth was expected. but surprisingly, transaction process platforms actually grew, even bumping up against tough comps from the year prior. on top of that, you did have the z 15 mainframe ramp, which grew 60% as a whole itself and ibmz, which grew about, 50% too. taylor: i want to dive down into the differen

and i would disagree that netflix can increase revenue by just increasing the price, netflix is now priced at a premium compared to their competitors. comcast announcing peacock as a free tier. with disney + coming in at a cheaper price. there is pluto tv and others that are free streaming. the challenge for netflix could be retention of clients which is a more difficult thing than i think people are giving it credit for. there are so much more free solutions that are coming on and cheaper price solutions with netflix. i just don't think they can spend their way out of it like they had in the past. taylor: that was eric and andre. by pleased wall street leading five consecutive beating of declines -- five consecutive quarters of declines. they're pushing the cloud market appears to be paying off. i got perspective from david holt. see the impacts were slightly stollar than expected. businesses were in line with expectations around 200 basis points. was towards aomy higher end of expectations of around 9%. high single-digit growth was expected, but transaction process platforms actually gre

netflix has 10% of that. i think what we're looking at here, is a validation that internet television is the future. i think that is really, really validating for netflix. it is validating for me, who struggled 15 years to get this thing going. so i think what we're seeing now is just proof that internet tv is here to stay. stuart: how many streaming services do you think that an average, everyday american household will actually buy into? >> that is a really interesting question. i think they will probably buy into two or three of the major players. they will buy into a netflix. they will buy into a peacock. they will buy into a hulu. the question, are they filling it out the way they might have filled out a cable bundle? there is over 250 different streaming services that are catering to all kinds of niche markets. i, for example, i subscribe to a service that provides australian rules football. now that is pretty niche. but there is room now for those specialized interests. stuart: forgive me, sir, i can't

more content is being pulled from netflix. i just do not think they can spend their way out of it, like they have had in the past. taylor: that was the marketer's -- andrestrom and swanston. ibm pleased wall street by beating five consecutive quarters of declines. the company's push into the hybrid cloud market appears to be paying off. i got perspective from csa market analyst research firm david holt. david: with the fx impacts, those were slightly smaller than expected. domestic businesses were in line with expectations around 200 basis points. but when you dig a little deeper, the cloud economy was towards the higher end of expectations, of around 9%. high single-digit growth was expected. but surprisingly transaction , process platforms actually even bumping -- grew, even bumping up against tough comps from the year prior. on top of that, you did have the z 15 mainframe ramp that grew 60% as a whole itself and ibmz, which grew about, 50% too. taylor: i want to dive down into the different sectors. first, as you look forwa

what about the debt load, it is extremely high for netflix. they continue to say they will spend billions and billions more on original content to try and stay ahead of the pack. how sustainable is that? >> well, you know, that's a great question, and that's always that issue that comes back to investors, you know, assessments of the risks. you know, going back to the capital markets, the one thing, though, is that there's a lot of confidence that so far in terms of the debt issues to fund their content spending, i think they have done a pretty good job in terms of the impact that they see. so you almost kind of see the trajectory here where with for example, 3.5 billion of deficit free cash flow this year, the main question is how they get to that trajectory of reducing that number even if they are accessing the markets to potential inflection in free cash flow. that's going to be the main thing and the main driver for how we kind of look at this, you know, going forward. a lot of that is going to depend on how much they spend next year. we t

ongoing war between streaming services and hollywood it seems hollywood was the big winner this time netflix did have 34 nominations but only walked away with 2 prizes. best movie in the comedy or musical category went to quentin tarantino's once upon a time in hollywood and brad pitt also picked up best supporting actor that. best actor in a drama unsurprisingly went to work in phoenix for his amazing tool to force in the joke. and also no surprise best actress to run a zellweger for her portrayal i am singing in judy. and the big surprise came in the best movie drama category it wasn't the 2 netflix front runners the arash men or marriage story that took the prize bought 1917 directed by sam mendez the movie is played out in real time as though it's one continuous 2 are shot is more. 1917 is the story of 2 young british world war one soldiers on an almost impossible life or death mission. because. soldiers show field and blake have to get through enemy lines and void booby traps and hand deliver a very clear message to their comrades they even come into direct contact with the enemy. at th

and the big surprise came in the best movie drama category it wasn't the 2 netflix front runners the arash men or marriage story that took the prize bought 1917 directed by sam mendez the movie is played out in real time as though it's one continuous 2 are shot is more. 1917 is the story of 2 young british world war one soldiers on an almost impossible life or death mission. because. soldiers show field and blake have to get through enemy lines of void booby traps and hand to live in a very clear message to their comrades they even come into direct contact with the enemy. at the height of world war one the germans have pretended to retreat but are really lying in wait for 1600 british soldiers to fall into their trap. colonel mckenzie has not seen these aerials the enemy is new line around here just. to look at this to colonel mckenzie it is a direct order to call off tomorrow morning's attack. if you don't it will be a massacre. and the golden. is to sam and i the film picked up 2 golden globes including best director. finally i'd like to dedicate this to my grandfather alfred mende

do you work about those partnerships that netflix could get included from? >> i'm not part of the company, so i can't comment on that specifically, but i'm not word about that to starred usa is only one smart part of that global business two, the customers really decide what services they want to watch. at this point netflix's position is so dominant, it would be hard for me to imagine they would be cut off totally. >> we refer to it as streaming wars, but it is it a wore among streaming platforms or is it a war for cable for survival. >> i don't believe it's a war. that's a misnomer. it's almost like ""survivor"" or "amazing race. it's not winning, it's not losing who they're all competing with is not each other. they are competing with other competition for time with linear television, with youtube, with facebook i think right now the penetrations are relatively low. youtube has 2 billion active users, so there is still a lot of up side, not just for netflix. >>> one limit of pea sock is stole in part be ad-supported. some people have spec that ied a net a

and i would disagree that netflix can increase revenue by just increasing the price, netflix is now priced at a premium compared to their competitors. comcast announcing peacock as a free tier. with disney + coming in at a cheaper price. there is pluto tv and others that are free streaming. the challenge for netflix could be retention of clients which is a more difficult thing than i think people are giving it credit for. there are so much more free solutions that are coming on and cheaper price solutions with netflix. think they can spend their way out of it like they had in the past. taylor: that was eric and andre. ibm pleased wall street by beating five consecutive quarters of declines. they're pushing the cloud market appears to be paying off. i got perspective from david holt. see the impacts were slightly stollar than expected. businesses were in line with businesses were in line with expectations around 200 basis points. the cloud economy was towards a higher end of expectations of around 9%. high single-digit growth was expected, but transaction process platforms actually grew, ev

netflix had a great day for oscar nominations. >> 24 oscar nominations in total for netflix, for the marriage story and the irishman and the two popes, that was the other one that dragged in some pretty good stuff. they led the pack and they're not a movie-maker, they're a streaming platform. listen, there was concern going into the oscar year that would netflix be able to submit these movies because the oscars you have to be in a movie theater, we were talking about this yesterday, and a netflix put them in a movie theater. after the oscars are announced, all the oscar nominated movies come back to the theater to give people the opportunity to see them again. a mc and regal sin thats say they're not going to show the netflix nominated movies. so a little bit of a snub to the netflix there. cheryl: it makes sense, though. also too, like they spent, what $15 billion on content. >> billions of dollars. the irishman alones was several million dollars to make because of special effects. lauren: netflix decided of to put the movies for a little bit of time in the movie theaters, one was j

ongoing war between streaming services and hollywood it seems hollywood was the big winner this time netflix did have 34 nominations but only walked away with 2 prizes. best movie in the comedy or musical category went to quentin tarantino's once upon a time in hollywood and brad pitt also picked up best supporting actor that. best actor in a drama unsurprisingly went to work in phoenix for his amazing tool to force in the joke. and also no surprise best actress to run is alway go for her portrayal i am singing in judy. and the big surprise came in the best movie drama category it wasn't the 2 netflix front runners the arash men or marriage story that took the prize but 1917 directed by some mendez the movie is played out in real time as though it's one continuous 2 are shot is more. 1917 is the story of 2 young british world war one soldiers on an almost impossible life or death mission. because. soldiers show field and blake have to get through enemy lines and void booby traps and hand deliver a very clear message to their comrades they even come into direct contact with the enemy. at the

more content is being pulled from netflix. i just do not think they can spend their way out of it, like they have had in the past. taylor: that was emarketer's eric haggstrom and tru optik's andre swanston. ibm pleased wall street by beating five consecutive quarters of declines. the company's push into the hybrid cloud market appears to be paying off. i got perspective from cfra market research firm analyst david holt. david: with the fx impacts, those were slightly smaller than expected. 60 basis points vs 100. domestic businesses were in line with expectations around 200 basis points. but when you dig a little deeper, the cloud economy was towards the higher end of expectations, of around 9%. high single-digit growth was expected. but surprisingly, transaction process platforms actually grew, even bumping up against tough comps from the year prior. on top of that, you did have the z 15 mainframe ramp, which grew 60% as a whole itself and ibmz, which grew about, 60% too. taylor: i want to dive down into the different sectors

ongoing war between streaming services and hollywood it seems hollywood was the big winner this time netflix did have 34 nominations but only walked away with 2 prizes. best movie in the comedy or musical category went to quentin tarantino's once upon a time in hollywood and brad pitt also picked up best supporting actor that. best actor in a drama unsurprisingly went to joaquin phoenix for his amazing tool to force in the joker. and also no surprise best actress to run a zellweger for her portrayal i am singing in judy. and the big surprise came in the best movie drama category it wasn't the 2 netflix front runners the arash men or marriage story that took the prize but 1917 directed by sam mendez the movie is played out in real time as though it's one continuous 2 are shot is more. because. 917 is the story of 2 young british world war one soldiers on an almost impossible life or death mission. because. soldiers show field and blake have to get through enemy lines of void booby traps and hand deliver a very clear message to their comrades they even come into direct contact with the enemy.

no one goes to cinema or watches network tv everyone's watching netflix. this show should just be me coming out going well done, netflix, you win everything. good night >> well, you're not watching netflix. good morning it's 8:00 a.m. at netflix headquarters in kra yecaliforni 11:00 a.m. on wall street. "squawk alley" is live. ♪ >> welcome to "squawk alley. i'm jon fortt. david faber and morgan brennan are here a lot to get to today, including winners and losers from last night's golden globes. we'll begin with today's market drop, though stocks are off the lows, actually at the highs of the session. bob pisani has what's driving today's down swing and maybe swing a little back up >> more than a little. we almost went positive a few moments ago on the s&p 500 here's the intraday. this is similar to friday. the low print but v was there at the open friday we tended to have faded into the middle of the day, looked more like that. we'll see if the same pattern happens. for the moment, we touch even going on the s&p i'll show you the sectors here cyclicals t

netflix up 7% today. best performance since june of 2019 stifleo stevele analystist talking about the ability to grow with the competition. is it one our betting on. >> tom rogers was on -- what did you call him. >> he is a stud. >> he is a sudden stud i was skeptical about some of the international growth he took me apart on email. in a very friendly way in a systematic way talking. >> happens to you a lot. >> a little bit. but pricing trends in western europe where they have this pricing power to get to the sort of ad revenue peruser we talk about in north america and some places they can grow listen he has it down. he made the case the other day i was skeptical. today investors took tom rogers side on that i give him all the credit in the world. to me i don't think one day that was a bit of a short squeeze i think investors got off sides a bit. i think these issues will persist in the near term. >> you think today was a short squeeze. >> a bit. >> unrelated to the. >> ever at call we didn't think the s

ongoing war between streaming services and hollywood it seems hollywood was the big winner this time netflix did have 34 nominations but only walked away with 2 prizes. best movie in the comedy or musical category went to quentin tarantino's once upon a time in hollywood and brad pitt also picked up best supporting actor that. best actor in a drama unsurprisingly went to work in phoenix for his amazing tool to force in the joker. and also no surprise best actress to run a. trail and singing in judy. and the big surprise came in the best movie drama category it wasn't the 2 netflix front runners the arash men or marriage story that took the prize bought 1917 directed by sam mendez the movie is played out in real time as though it's one continuous 2 are shot is more. because. 917 is the story of 2 young british world war one soldiers on an almost impossible or life or death mission. because. soldiers show field and blake have to get through enemy lines of void booby traps and pan to live in a very clear message to their comrades they even come into direct contact with the enemy. at the height

netflix is standing out with more oscar nominations. in the content wars, where does comcast stand out? michael is right in that this fits into the comcast broader strategy which is the streaming will never be the major business. they don't want streaming video over the internet to be the dominant platform. comcast interest is selling you cable and increasingly selling you internet. andants you to view comcast by internet from comcast and it makes a healthy margin on that. as freel offer peacock bundled into those people who either get cable from comcast or get extremity flex which is extremity -- -- they are not going to compete at thesame level as some of other players. at that leads me to believe that it will not be quite as successful. it might be fine for comcast corporation. they will make a ton of money selling internet service but they have to figure out how they want to position peacock in the marketplace against netflix, amazon and disney plus. i'm not sure what comcast and represents to the average consumer and they probably

now of course to finish off it was a big day for netflix which got over 20 nominations i believe it's been scratching the doors of the oscars for some time is this the year that streaming service can possibly take the big prize it might might be i mean it's got $24.00 nominations i got 2 huge films going up which are nominee for best picture and marriage story and those 2 look at those 2 films as interesting as they really show the ambition that netflix has is a very different movies i mean the irishman big gangster epic from martin scorsese shows him at his at his peak joe passes for normal in the film marriage story completely different it's. a more intimate stale divorce and it. stars sort of handsome adam driver increase your best performances so these films irishmen and marriage choice so how broad netflix can be but i don't really think that they going to do it this year i think this be another year that they almost get to the oscars maybe with a few of the big prizes but don't take home the top prize a best we will see that on february the 9th for what we quite a short season.

scorsese gangster afaik robert de niro phenomenal film only controversy here is it was paid for by netflix of course is still big destructor and of course the film there's no women and no people of color that could also play oh you've touched on a point there why am i not surprised no women nominated in the best director category once again i mean is hollywood just going back to. more or less i mean. i wasn't too surprised that i kind of expected this to happen happen last year all male the nominations i was hoping and thinking maybe that granted we get a nomination for little women which is a great film it's a literary adaptation she does a couple very interesting things with this with this classic story. and gives a slight interesting feminine feminist twist so i was hoping that she would come out on top but again there were the foreman i checked the stats the last 20 years only 3 women have been nominated for the best director that's desolate in number and it's systemic really isn't it because after i had the same issue and as far as diversity goes there's not much going on and i'm goin

oh, and netflix picked that one up, too. other cannes prize—winners included celine sciamma, who won best screenplay for portrait of a lady on fire, and emily beecham, who won best actress for little joe, both of which open here in february 2020, just in time to qualify for the baftas. no, i have to run. meanwhile, the cannes best actor award went to antonio banderas for his brilliant portrayal of a film—maker struggling to move forward in pedro almodovar‘s semi—autobiographical pain and glory. pain and glory was just one of several foreign language films which opened in the uk in 2019, reminding us that cinema is a truly international art form. this year, uk cinemagoers could feast on a wide range of treats from around the world. from colombia, we had birds of passage, an arresting tale of gangsters and spirits from the creators of embrace of the serpent, who described its birth of the drug trade narrative as addressing the great tragedy will curse us forever, the great taboo that we're not allowed to discuss. write

scorsese gangster afaik robert de niro phenomenal film only controversy here is it was paid for by netflix of course is still big destructor and of course the film there's no women and no people of color that could also play oh you've touched on a point there why am i not surprised no women nominated in the best director category once again i mean is hollywood just going back to you know more or less i mean. i wasn't too surprised you know i kind of expected this to happen happen last year all male the nominations i was hoping and thinking. maybe the great together when we get a nomination for little women which is a great film it's a literary adaptation she does a couple very interesting things with this with this classic story and gives a slight interesting feminine feminist twist so is hoping that she would come out on top but again there is a form i'm going to check the stats the last 20 years only 3 women have been nominated for the best director that's does a leading number and it's systemic really isn't it because after i had the same issue and as far as diversity goes there's not m