Netflix soars after nabbing the most 2020 Oscar nominations of any studio - Business Insider

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Netflix soars after nabbing the most 2020 Oscar nominations of any studio

between its movies and original series, but walked away with just two awards for Laura Dern's performance in "Marriage Story" and Olivia Coleman's in "The Crown."

Netflix's Oscar nominations also come after early 2019 reports of a campaign helmed by director Steven Spielberg to require streaming companies to keep movies in theaters for at least four weeks in order to receive award nominations., saying that access to movies and "giving filmmakers more ways to share art" aren't "mutually exclusive." The campaign never came to fruition.

The 92nd Academy Awards is scheduled to take place February 9 at the Dolby Theatre in Hollywood, California.The streaming giant has 29 "buy" ratings, 10 "hold" ratings, and seven "sell" ratings from analysts, with a consensus price target of $351.78, according to Bloomberg data.

 

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