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The Netflix headquarters in Los Gatos, California. - 

Two things Netflix-related happened last week. One, Netflix released a trailer for the new season of Orange is the New Black. Two, we got more evidence that Netflix is the new cable.
Data in a new report show nearly 1 in 5 homes with a Netflix or Hulu subscription has no cable.

Once upon a time, we saw Japan as a massive exporter of things like cars, televisions and electronics. That was then. Today there's word Japan's trade deficit surged 70 percent over the last year. The BBC's economics correspondent Andrew Walker's been following this and joined us to discuss.

Meanwhile, a movie you may have never heard of has quietly made a fortune at the box office. The budget of the Christian indie film "God's Not Dead" was dirt cheap relative to other films atop the box office charts. The production budget was less than $3 million, but faith-based movies have a way of making good money using unconventional marketing, all while flying far below the mainstream radar.

 

Follow David Brancaccio at @DavidBrancaccio