NFLX - Streamers lead Oscar nominations after cinema's lost year

Oscar nominations don't have the most direct effect on movie stocks, but the key theme that can be drawn from the 2021 nominees this morning is the major move from streaming services in cinema's lost year. Netflix (NFLX -1%) drew the most nominations of any distributor, with a record 35. That was led on a picture-by-picture basis by Netflix's Mank, which topped all films with 10 total nominations including best picture, best director, and best supporting actress. Amazon Prime Video (AMZN -1%) had its own record 12 nominations, half of those from Sound of Metal (but along with nominations for One Night in Miami, Borat: Subsequent Moviefilm and Time). Meanwhile, Disney Plus (DIS -0.6%) has its first nominations: Two for Mulan, and three for Soul, while animated feature The One and Only Ivan also got a visual effects nomination. Both Mulan and Soul had been intended for theatrical release before

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Streamers lead Oscar nominations after cinema's lost year