Movies

On-demand video rental services get awards season boost

Data: PwC and Digital TV Research; Chart: Axios Visuals

Over the last decade, transactional video on-demand (TVOD), which are services that sell or rent content on a one-time basis, have largely been challenged by the rise of subscription and advertising-based streaming services that allow users to access hundreds of titles for a monthly or yearly fee.

Case-in-point: Companies like Apple and Amazon, which still sell and rent content to users, have both invested heavily over the past year in building up their own subscription streaming platforms (SVODs).

"Joker" leads Oscar nominations with 11

Photo: Dean Treml/AFP via Getty Images

"Joker" led the way among Academy Award nominees on Monday, nabbing 11 nods, including Best Picture.

The big picture: The awards ceremony — like last year's — is set to be a showdown between traditional Hollywood studios and new streaming giants. Netflix's "The Irishman" and "Marriage Story" both got a nomination for Best Picture and nabbed a number of top acting nominations as well.