

Netflix received a whopping 35 Oscar nominations this year, a record for the streamer, and a record for any single studio (depending on how you calculate previous totals).
Why it matters: The streaming giant spent an unprecedented amount of money on content, while traditional movie studios were handicapped by theater closures over the past year.
Details: Netflix's original film "Mank” received 10 nominations, including awards for best picture and best director — more than any other film.
- Its other big title, Aaron Sorkin's "The Trial of the Chicago 7,” picked up six nominations.
The big picture: Overall, streamers continued to dominate nominations over most traditional studios.
- Amazon received 12 nominations, a record for the studio, for films like "Sound of Metal," "One Night in Miami" and "Borat: Subsequent Movie Film.”
- Disney+ received its first nominations since launching in 2019 for animated films “Onward” and “Soul.”
Yes, but: Nominations don't always mean wins. For example, Netflix dominated nominations for last years Emmy awards, only to be ultimately out-won by HBO.
What to watch: The Oscars will air on April 25th.