As many of us may know, The Event will not be getting a 2nd season by NBC. Steven Stark has repotter that the team is currently looking for a new home. Netflix seemed to be floating around as one of the networks that was interested. They are going actually going to save a few TV shows. Another name going around is the SyFy channel (owned by NBC) who is also going to possibly save a few canceled shows.
In 95% of cases, ratings are directly effected by the renewal/cancellation decision. The ratings will struggle because it has been cancelled. What will save it this week is that i is a season finale. The ratings will need to be up to at least 4.5 million viewers for the season finale. People will NEED to watch the show live, tweet about it (hashtag #TheEvent and put @Netlix in your tweets). Netflix needs to know that the fanbase is solid and not fragile.
And on a final note, make sure that EVERYONE who reads this tweets "@Netflix please pick up The Event for a 2nd season. It is a great show. #theevent." or something of he sort DURING THE EPISODE. If you don't have a twitter, why not make one and try it out. Very fun.