Mar 16, 2021 - Economy

Netflix dominates Oscar nominations

Data: Deadline, Axios Research; Chart: Aïda Amer/Axios

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.

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