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Netflix Crashes Hollywood’s Oscar Occasion

Netflix Crashes Hollywood’s Oscar Party


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Good morning. Fortune tech author Danielle Abril filling in for Adam right this moment. In a few month, Hollywood will come collectively for arguably the largest evening within the film enterprise: the 92nd annual Oscars.

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

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

Netflix is up 9 nominations from final yr—proving that streaming companies aren’t pulling any punches in relation to the content material they’re producing. They’re taking up the large canine by way of 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 keep in mind final yr, following the Finest-Image nomination of Netflix’s Roma, Steven Spielberg argued that motion pictures created by streaming companies shouldn’t be eligible for an Oscar. His reasoning: These movies are made for the tv display, not large productions designed to be consumed by mass audiences in massive theaters.

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

Final yr, Netflix received 4 of its 15 nominations, with Roma incomes three. But it surely misplaced the coveted Finest Image award to Common Image’s Inexperienced E book. Whereas Netflix seemingly will scoop up some critical {hardware} this yr for The Irishman and Marriage Story, on the Golden Globes, these movies took a backseat to Common Image’s World Warfare I movie 1917 for Finest Movement Image. Netflix solely received two of the 34 awards for which it was nominated.

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

Danielle Abril

Twitter: @DanielleDigest

Electronic mail: danielle.abril@fortune.com

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A word from Adam about yesterday’s e mail:

I do know full properly that Goldman Sachs, not J.P. Morgan, is Apple’s accomplice in its newly issued bank card that makes use of Mastercard’s community. I do know this partly as a result of I interviewed Harit Talwar, the pinnacle of Goldman’s Marcus client financial institution, on the Fortune Brainstorm Finance occasion in Montauk, N.Y., final summer time. I can’t clarify why my mind instructed my fingers to kind “J.P. Morgan,” apart 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 Information Sheet was curated by Aaron Pressman.