Why Netflix keeps losing best-picture Oscar: Academy voter analysis

• Netflix had 24 elections at this year’s Oscars, however only came away with two wins.
• It was likewise the second-straight year the streaming giant was nominated in the best-picture classification however lost.
• Company Expert spoke with several sources within the motion picture industry along with Academy voters to figure out why Netflix hasn’t won the huge reward.
• Some think it’s since a group of Academy voters will only vote for non-streaming titles.
• We spoke with one Academy voter who validated he would not elect a streaming title for best photo out of concept.
• Go to Business Insider’s homepage for more stories

Netflix browsed this previous awards season to score 24 Oscar nominations, one of the most of any studio. When the 92 nd Academy Awards came to a close Sunday, the streaming giant had actually just collected 2 statues during the evening.

And neither were for finest image.

That’s not a big return for a business that the Los Angeles Times reported likely invested $70 million or more on its award projects.

This year’s Oscars marks the 2nd successive year a Netflix title was nominated for finest image, only to lose out.

In 2015, its possibilities rested on Alfonso Cuarón’s semi-autobiographical, black-and-white movie “Roma,” which was mainly in Spanish. The outcome was three wins for the motion picture (finest director, finest cinematography, and best foreign-language film), however no best picture. That went to Universal’s “Green Book.”

This year, Netflix had Martin Scorsese’s impressive, “The Irishman,” and Noah Baumbach’s drama, “Marital relationship Story” chosen.

So it’s clear Netflix is producing (or obtaining) work that is strong enough to get Oscars attention.

What is Netflix not doing?

” The Irishman.”.

Netflix.


Several industry experts that talked to Company Insider said if “The Irishman,” “Marriage Story,” or another Netflix Oscar-nominated title, “The 2 Popes,” opened typically with reported box office and any one of those were busts at the turnstile, those titles would have lost some Oscar buzz. Netflix was able to feed off buzz while not having to deal with a multitude of box-office bomb stories.

So it might easily be that Netflix is doing whatever right, it’s just actually hard to win a best-picture Oscar.

” I believe there’s definitely a faction inside the Academy that feel the Oscars are set up for theatrical releases,” one citizen informed Business Expert.

When the citizen was asked if they set their requirements for voting based on if a title is from a streaming service or not, the person said they do.

” I’m looking at the future of the motion image service,” the voter said.

If unexpectedly there is a more level playing field, it will be interesting to enjoy if Netflix will prosper versus the studios or wind up in their wake.

Netflix declined to comment for this story.

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