Today's Above Avalon stories:

Deep Dive into Netflix's 4Q16 Earnings
Netflix as an Acquisition Target
Digital Crown Coming to Android Wear

We kick off today's email with my thoughts and observations on Netflix's 4Q16 earnings. We go over the key numbers and some of the main takeaways. The discussion then turns to the subject of Netflix being an acquisition target. After going over the companies that are even in a position to acquire Netflix, we discuss the prospects of anyone making a play for Netflix. We also circle back to the Netflix/Apple M&A discussion, and wheter there is rationale for Apple to acquire Netflix. The email concludes with a brief look at an interesting development in the smartwatch space as Google and LG embrace a digital crown for their new Android Wear flagship smartwatches. This may signal other changes coming to Android Wear and the broader smartwatch space.

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