A Winning Vision for Cannes Film Festival
Arguably the most significant film event of the calendar, Cannes is the festival that bought us films such as Pulp Fiction and Brief Encounter. This year, Cannes boasts films in Competition from directors including Wes Anderson, Ken Loach and David Cronenberg. 'The Curse', shot in the desolate Moroccan countryside, the film centres on the struggles of a young woman, Fatine, who is hounded by villagers after she is discovered to have had an affair with an older man. Colorist Jason R Moffat explains how he achieved the films distinct look.
What To Watch: September 7, 2012
From Fnno.com, this is the Financial News Network. Here's a few things to watch for in the financial world today September 5.Pandora Media Inc. (NYSE:P), the online radio that predicts listener music preferences, is down over 16% in trading this morning, on the news that Apple is planning to develop a competing music streaming service. Apple's potential service would work on its iPhone and iPad, as well as on Mac computers and laptops running Windows, according to the Wall Street Journal. Prior to this news, the Oakland, California-based Pandora was doing well-- its shares had grown 26% this year, and it had been able to hold off rivals like Spotify. But it is difficult to compete with the Apple juggernaut.Amazon.com (NASDAQ:AMZN) unveiled some exciting new products yesterday, and the company is seeing a corresponding bump in the market, trading up over 1%. At a news conference yesterday, Amazon chief Jeff Bezos introduced multiple versions of a new tablet. The largest, the Kindle Fire HD, has an 8.9 inch display, a camera, and cellular data connectivity. It is cheaper than the iPad by $200. All of the new Amazon products are being positioned as cheaper alternatives to Apple's tablets, with Apple's newest iPad starting at $499 compared to Amazon's Kindle Fires starting at $199.Lululemon Athletica (LLL.TO), the Canadian yogawear retailer, is up this morning in response to its reports of a higher quarterly profit. The company reported earnings of $57.2 million, or 39 cents per share, in the second-quarter. This is sharply up from earnings of $38.4 million, or 26 cents a share, a year ago. Lululemon also raised its full-year forecast for net revenue to $1.345 billion to $1.360 billion, up from $1.32 to $1.34 billion. The activewear company, which was founded in 1998 and became famous for its $98 yoga pants, has already firmly established itself in Canada, and is continuing to expand its presence in the United States, where it is popular among wealthy, active women. Those were a few things to watch out for here on the Financial News Network. For more coverage and analysis of the business world follow us on twitter @FNNOnline or check out our website at fnno.com.
Netflix Slumps after Its Content Provider Partnered with Amazon
Netflix shares had the biggest drop in 6 weeks, sinking as much as 11% intraday. Its video content provider, Viacom owned company Epix, exclusively provided videos to Netflix since 2010, but the elusive clause expired 3 days ago and Epix decided to add Amazon to the partnership list. Epix owns rights to many motion pictures from Lions Gate, Paramount and MGM and will add more than 2,000 titles to Amazon's Prime subscription in 2012, raising Amazon's overall selection to more 25,000 titles. Epix's non-exclusive contract with Netflix has less than one year to go and we'll see if there will be an extension. Netflix unlimited streaming service costs $7.99/month and now has 27 million subscribers. For more news and analysis follow us on twitter @fnnonline or check out our website at fnno.com.
New Romney and Obama Ads on China and 47% Not Likely to Change Race
Mitt Romney has a new ad attacking Barack Obama over his China policy while Obama counters with a new ad trying to keep Romney 47% gaffe alive. But with the United Nations General Assembly starting and Obama going on The View, neither campaign is likely to control the news cycles with these commercials.
Content Insider #247 - Flashy Storage
SSD ... More Stuff than You Can Afford to Carry
Next to backup and archiving about the toughest thing to get people excited about is storage. Oh sure you know you have to have it but storage is just well...storage. But a new smartphone, new tablet, new notebook that is so special, so cool (with friends and business associates). It's sad because without storage all that brilliant content you create, share, show, view would be passing ones, zeros. When you shut down your device...gone! Sure there's new excitement now because of the super sweet SSDs (solid state devices). Finally storage that gives you fast response, performance. Storage that helps your device last a little longer between wall outlets. It's so great it is out to bury hard drives, tape, optical.
Pandora Faces Competition From Apple
Pandora Media Inc. (NYSE:P), the online radio that predicts listener music preferences, is down over 16% in trading this morning, on the news that Apple is planning to develop a competing music streaming service. Apple's potential service would work on its iPhone and iPad, as well as on Mac computers and laptops running Windows, according to the Wall Street Journal. Prior to this news, the Oakland, California-based company was doing well-- its shares had grown 26% this year, and it had been able to hold off rivals like Spotify. But it is difficult to compete with the Apple juggernaut.
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