Jan 25, 2017

Bezos beats Hastings on the red carpet

Sara Fischer

Amazon beat out streaming rival Netflix as the first major streaming company to be nominated for best picture on Tuesday. Amazon-owned Manchester by the Sea was nominated for six Academy Awards, including best picture, and The Salesman, an Amazon-owned foreign film, received one.

It's unprecedented: Amazon only launched their movies business a year ago, and already they are outbidding major studio competitors for content and winning major awards. The retail giant purchased rights to Manchester by the Sea for $10 million at Sundance last year, outbidding the likes of Fox Searchlight and Universal. This year, they have already made the largest acquisition at Sundance with $12 million comedy film The Big Sick.

Why to watch: Amazon and Netflix have both made major investments in content, but Bezos' box office success and critical acclaim are inching him ahead of Reed Hastings. Amazon's success can likely be attributed to their distribution strategy. The tech giant released Manchester by the Sea to box offices and made nearly $39 million dollars, while Netflix released Beasts of No Nation online in tandem with theaters, making an abysmal $91,000 in the box office.

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Clyburn: Sanders' "socialist" label will be "extra burden" in House races

Clyburn with Speaker Nancy Pelosi. Photo: Mario Tama/Getty Images

House Majority Whip Jim Clyburn (D-S.C.) said on ABC's "This Week" Sunday that Sen. Bernie Sanders' identification as a democratic socialist may be an "extra burden" in down-ballot House races if he were to win the Democratic nomination.

Why it matters: Clyburn's comments echo fears from many establishment Democrats, who worry the House majority they won in 2018 by taking moderate seats carried by President Trump could be at risk with Sanders at the top of the ticket.

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Italy becomes site of largest coronavirus outbreak outside of Asia

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

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