U.S. Stock Futures Trading Mixed; "Pong" Creator Atari Filing For Bankruptcy; Sundance Film Festival
CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: Welcome back to STARTING POINT. I'm Christine Romans. Minding your business this morning, stock futures mixed amid a big week for corporate earrings. Reports this morning, we'll get them from Johnson & Johnson, DuPont, and Verizon, and this afternoon, Google, IBM and Texas Instruments. Apple reports tomorrow. All right, it's probably your biggest asset or your biggest debt. It's your house. We're going to get a read on existing home sales at 10 a.m. Eastern. The housing news has been good. Home sales and home prices are forecast to rise this year. And Deutsche Bank's chief economist, he is going to call 2013, the year of the house, he says. Real estate tracker Zillow says home values will rise more than 3 percent this year. Remember that iconic video game, Pong? It's creator, Atari, is filing for bankruptcy. Atari is trying to split itself off from its unprofitable parent company in France. Atari lost its dominance in video games decades ago to rivals like Nintendo. Its assets include the Atari logo and then the company's games. They will be up for sale in the next few months.</s>BERMAN: I have my Atari at home in working order. My 1982-era Atari and it still works.</s>O'BRIEN: I thought Atari had gone under. They haven't been part of the growth of video games. They've been completely out of it.</s>BREDESEN: Nothing better than space invade invaders.</s>ROMANS: Sometimes you get a rejuvenation out of bankruptcy.</s>O'BRIEN: You're all dating yourselves. Right now, some of the biggest names in Hollywood are in the mountains of Park City, Utah, for the 35th Annual Sundance Film Festival. This year, some of the films generating the most buzz are documentaries. Zoraida Sambolin is live for us in Park City this morning. Hi, Z. Good morning.</s>ZORAIDA SAMBOLIN, ANCHOR, CNN'S "EARLY START": -- short films that were submitted here. And out of that, 190 --</s>ROBERT REDFORD, FOUNDER OF THE SUNDANCE FILM FESTIVAL: I'm prejudiced to documentaries, have been most of my adult career life.</s>SAMBOLIN (voice-over): Four of the five documentary features now in the running for an Oscar were launched at last year's festival. The only one that didn't is on this year's program. Now a new crop of documentarians is hoping for similar success.</s>UNIDENTIFIED MALE: My second favorite is Garfield.</s>SAMBOLIN: "Linsanity," the movie, a project that began long before the phenomenon.</s>EVAN LEONG, PRODUCER, "LINSANITY": Everyone knows how he reacted. The story, it's not the ending, it's the whole journey up to this point, all the things that had to happen to make this perfect.</s>UNIDENTIFIED MALE: If you want to be loved, go be a movie star.</s>SAMBOLIN: A former vice president is also in the Sundance spotlight, "The World According to Dick Cheney."</s>RJ CUTLER, PRODUCER, "THE WORLD ACCORDING TO DICK CHENEY": Dick Cheney is a man who love him or hate him, agree with him or disagree with him is certainly one of the most significant, nonpresidential, political figure this country has ever known.</s>SAMBOLIN: "The 99 Percent" is well represented here too, a unique production resulting from the collaboration of nearly 100 filmmakers.</s>AUDREY EWELL, PRODUCER, "99 PERCENT": THE OCCUPY WALL STREET COLLABORATIVE FILM": We're not activists, we are filmmakers and for us, this is about capturing a moment in our collective American contemporary history that we didn't feel had necessarily been really explored.</s>SAMBOLIN: Documentaries not typically in the spotlight, but here at Sundance, they are among the stars.</s>SAMBOLIN: Soledad, I want to share with you what's coming up today, some of the interviews that I am going to be conducting. So we're going to stick with the documentaries here. Muriel Hemingway has her film that's coming out. It's "Running From Crazy," we sit down with her and with her daughter, Langley Hemingway. Basically, it is a history of mental illness and depression in her family. You know, she follows the history and she says what she is trying to do is to make sure that this never happens in her family. We also have Shia Labeouf and we have Evan Rachel Wood, "The Necessary Death of Charlie Countrymen." And then we have January Jones of "Mad Men Thing," and she is actually doing a reverse swag. Around here, they give a lot of swag to celebrities and she is actually going to be donating that back. So we're going to follow her this evening and share that with you.</s>O'BRIEN: That sounds really nice. All right, Zoraida, thanks. Ahead this morning, he is a gay American who made history as the inaugural poet. Richard Blanco will join us live to talk about his big day yesterday. That's coming up next.