Netflix Crashes Hollywood’s Oscar Party

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Good morning. Fortune tech author Danielle Abril filling in for Adam as we speak. In a couple of month, Hollywood will come collectively for arguably the most important night time within the film enterprise: the 92nd annual Oscars.

And to the shock, and in some instances frustration, of many, Netflix will arrive on the awards packing essentially the most nominations of any film studio. The on-line streaming service raked in 24 nominations this 12 months, together with two for finest image, eclipsing massive blockbuster producers like Disney and Sony.

This is the primary time a streaming service is the studio to beat on the Academy Awards.

Netflix is up 9 nominations from final 12 months—proving that streaming providers aren’t pulling any punches with regards to the content material they’re producing. They’re taking up the large canine through a slew of authentic movies boasting star-studded casts together with Robert DeNiro, Adam Driver, and Scarlett Johansson (and that’s simply on Netflix!).

Not everybody is happy in regards to the new nods from Hollywood’s elite. You would possibly bear in mind final 12 months, following the Best-Picture nomination of Netflix’s Roma, Steven Spielberg argued that films created by streaming providers shouldn’t be eligible for an Oscar. His reasoning: Those movies are made for the tv display screen, not massive productions designed to be consumed by mass audiences in giant theaters.

Still, whereas Netflix has managed to seize critics’ consideration, it has but to show it might probably sweep.

Last 12 months, Netflix received 4 of its 15 nominations, with Roma incomes three. But it misplaced the coveted Best Picture award to Universal Picture’s Green Book. While Netflix doubtless will scoop up some severe {hardware} this 12 months for The Irishman and Marriage Story, on the Golden Globes, these movies took a backseat to Universal Picture’s World War I movie 1917 for Best Motion Picture. Netflix solely received two of the 34 awards for which it was nominated.

But the 2020 Academy Awards have already confirmed to be a historic second for a quickly altering leisure panorama. Streaming providers are actually pushing out polished content material that’s capturing acclaim from critics and the general public. They might have just a bit extra time to woo the Academy.

Danielle Abril

Twitter: @DanielleDigest

Email: [email protected]

* * *

A word from Adam about yesterday’s e mail:

I know full properly that Goldman Sachs, not J.P. Morgan, is Apple’s associate in its newly issued bank card that makes use of Mastercard’s community. I know this partially as a result of I interviewed Harit Talwar, the pinnacle of Goldman’s Marcus shopper financial institution, on the Fortune Brainstorm Finance occasion in Montauk, N.Y., final summer season. I can’t clarify why my mind informed my fingers to sort “J.P. Morgan,” aside from maybe as a result of my very own firm makes use of a J.P. Morgan-issued Mastercard. I apologize for misinforming you.

This version of Data Sheet was curated by Aaron Pressman.


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