Netflix known as one of the online streaming platform for movies and series that has been making waves since its existence and spread all across the world and various continents, didn’t seem to do so well in this years 2020 Oscars.
Although they came up triumphantly well during the Oscar nominations, they didn’t quite do too well in actually winning enough awards. The streaming service only gained two Oscars despite twenty nominations. Netflix is known for their extreme and exciting lineups of movies and series, so why they were unable to attain a leveled up amount of awards is questionable for the entertainment industry.
Last week, CEO Ted Sarandos rejected the idea of a film industry pushback. “A pushback? Nobody can say that with a straight face, he told the New York Times. “We got 24 nominations, the most of any studio. Our films have been honored across the board.” However, given that the streaming service spent $70 million lobbying for its films, the resulting lack of Oscars (and Globes) has to considered a failure.
In as much as Neflix is feeling the extreme blowback from not winning enough awards, they are not the only ones. Selections such as “Once upon a time in Hollywood” failed to take home the big trophy. Instead, Parasite became the first foreign language film to win best picture, and swept other major awards: best director for Bong Joon-ho, best original screenplay and best international feature.