Netflix, streaming services win Oscars cinema rule battle

- In a win for Netflix, Amazon and other internet streaming services, the Academy of Motion Picture Arts and Sciences has voted not to change its rules for winning an Oscar, Hollywood’s top prize.

The decision follows a battle over how long a movie must play on the big screens in theaters before being launched on the internet, DVD or other mediums that put it on the small screen. “We support the theatrical experience as integral to the art of motion pictures, and this weighed heavily in our discussions,” Academy President John Bailey said in a release.And movie producers including Steven Spielberg have said movies that are shown primarily on the small screen should only compete for television awards, such as the Emmys.

Netflix tweeted that it “loved cinema” but also supported access for people who cannot afford, or do not live close to, theaters.

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Source: CNBC - 🏆 12. / 72 Read more »