Netflix sets new record with five Academy Awards
Netflix secured five Academy Awards across two films at Sunday’s ceremony, marking the streaming giant’s strongest showing in a single year.
The wins underscore streaming platforms’ growing dominance in below-the-line categories, though the Best Picture prize remains elusive for Netflix. Apple remains the only streaming service to capture the top award, with “CODA” in 2022.
Guillermo del Toro’s “Frankenstein” claimed three Oscars: Best Production Design, Best Costume Design, and Best Makeup and Hairstyling. The film received nine total nominations, including Best Picture and Best Supporting Actor.
“KPop Demon Hunters,” Netflix’s most-watched film ever, won Best Animated Feature and Best Original Song. The animated feature has drawn significant viewership since its release, according to the company’s streaming metrics.
Host Conan O’Brien referenced Netflix co-CEO Ted Sarandos’s attendance during the opening monologue. “This is exciting: It’s his first time in a theater,” O’Brien said.
Streaming films have become a fixture at recent Academy Awards. “Roma,” “The Power of the Dog,” and “All Quiet on the Western Front” all won major categories in prior years. Netflix’s “Train Dreams” and Apple’s “F1” also received Best Picture nominations this year. “F1” won Best Sound.