NEWS

Streaming Services Chase Hollywood Dreams At The Oscars

February 22, 2019

The Oscars are purportedly about honoring the best movies of the year, but they also serve as a proxy war between old-guard Hollywood studios and next-generation streaming services. So if you want to root for the home team this year, you can cheer for your favorite studio to block Netflix Inc. from taking the first-ever best picture statue for a streaming service.

This year, Netflix actually has a pretty good shot at the prize that has so long eluded the tech industry. The company reportedly spent $25 million-plus to win Academy votes for its racehorse—the black-and-white, Alfonso Cuarón masterpiece, “Roma.” And it hired Oscar strategist Lisa Taback, the woman behind the campaigns for “The King’s Speech,” “The Artist” and “Spotlight,” to help shepherd Roma to victory.

Read More:
https://www.bloomberg.com/news/articles/2019-02-22/streaming-services-chase-hollywood-dreams-at-the-oscars?srnd=premium