video Finance Videos
Amazon, Netflix bask in Oscar glory
Monday, February 27, 2017 - 01:12
Amazon.com and Netflix collected the first Oscars for streaming services, while independent studio A24 won the coveted best picture Academy Award. Fred Katayama reports.
▲ Hide Transcript
▶ View Transcript
Silicon Valley crashed Hollywood's biggest awards show on Sunday. Amazon Studios took a best actor Oscar award for Casey Affleck's portrayal of a grieving man in "Manchester by the Sea." The movie also won best original screenplay. It got another Academy Award for best foreign language film for the Iranian drama, "The Salesman." Amazon distributed that film in the United States and Canada. Netflix triumphed in the documentary short-subject category with its 40-minute film "The White Helmets," a look at rescue workers in war-torn Syria. Oscars are part of brand building for tech companies venturing into Hollywood, says Max Wolff of 55 Capital. (SOUNDBITE) MAX WOLFF, MARKET STRATEGIST, 55 CAPITAL, (ENGLISH) SAYING: "Whether it's "Manchester by the Sea" and winning awards, or just taking a market share from other providers, what HBO once did, shaking up the movie business, it looks like Netflix and Amazon are doing across the board, making films, resuscitating television and film franchises based on their data, and repackaging, and reselling the old, as well as inventing the new." Amazon paid $10 million for "Manchester by the Sea" at the Sundance film festival. The movie has earned close to $47 million at domestic theaters, and it will appear later this year on Amazon's Prime Video service.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code
Amazon, Netflix bask in Oscar glory
Monday, February 27, 2017 - 01:12
Top News »
3:42pm EDT - (1:03)
2:02pm EDT - (1:20)
1:48pm EDT - (1:19)
12:54pm EDT - (3:52)
11:38am EDT - (1:28)
8:57am EDT - (0:46)
9:34am EDT - (1:00)
8:20am EDT - (1:04)
6:17am EDT - (1:12)
Wed, Oct 18, 2017 - (3:07)
Wed, Oct 18, 2017 - (2:02)
Wed, Oct 18, 2017 - (2:10)
Migrant Crisis »
Tue, Sep 19, 2017 - (1:52)
Tue, Aug 29, 2017 - (0:46)
Mon, Aug 14, 2017 - (2:03)
Wed, Aug 02, 2017 - (2:11)
Fri, Jul 21, 2017 - (1:56)
Fri, Jul 21, 2017 - (2:01)
Wed, Jun 28, 2017 - (1:03)
Tue, Jun 06, 2017 - (2:25)
Tue, May 30, 2017 - (0:46)
Thu, May 25, 2017 - (1:13)
Thu, May 18, 2017 - (1:35)
Mon, May 08, 2017 - (1:12)
Most Popular »
11:38am EDT - (1:28)
2:02pm EDT - (1:20)
6:17am EDT - (1:12)
5:35am EDT - (2:11)
Wed, Oct 18, 2017 - (1:47)
Wed, Oct 18, 2017 - (1:49)
Wed, Oct 18, 2017 - (1:44)
Wed, Oct 18, 2017 - (3:07)
5:45am EDT - (1:53)
Wed, Oct 18, 2017 - (2:02)
Wed, Oct 18, 2017 - (1:52)
Tue, Oct 17, 2017 - (2:11)
Editors' Picks »
Wed, Oct 18, 2017 - (2:10)
Wed, Oct 18, 2017 - (2:03)
Wed, Oct 18, 2017 - (1:47)
Wed, Oct 18, 2017 - (1:59)
Fri, Oct 13, 2017 - (2:23)
Sun, Oct 15, 2017 - (1:20)
Mon, Oct 16, 2017 - (1:23)
Mon, Oct 16, 2017 - (1:27)
Mon, Oct 16, 2017 - (2:16)
Thu, Oct 12, 2017 - (0:50)
Fri, Oct 13, 2017 - (1:54)
Fri, Oct 13, 2017 - (2:24)
Innovations »
Wed, Oct 18, 2017 - (1:13)
Wed, Oct 18, 2017 - (0:44)
Tue, Oct 17, 2017 - (1:44)
Tue, Oct 17, 2017 - (1:57)
Mon, Oct 16, 2017 - (1:30)
Mon, Oct 16, 2017 - (2:21)
Fri, Oct 13, 2017 - (1:51)
Thu, Oct 12, 2017 - (1:22)
Wed, Oct 11, 2017 - (1:32)
Tue, Oct 10, 2017 - (2:12)
Tue, Oct 10, 2017 - (2:07)
Mon, Oct 09, 2017 - (1:37)
Entertainment »
11:28am EDT - (1:35)
4:24am EDT - (1:57)
Wed, Oct 18, 2017 - (0:45)
Wed, Oct 18, 2017 - (1:37)
Wed, Oct 18, 2017 - (1:13)
Wed, Oct 18, 2017 - (1:06)
Wed, Oct 18, 2017 - (1:15)
Wed, Oct 18, 2017 - (1:01)
Wed, Oct 18, 2017 - (2:03)
Wed, Oct 18, 2017 - (1:44)
Tue, Oct 17, 2017 - (1:07)
Tue, Oct 17, 2017 - (1:44)
Rough Cuts »
2:07pm EDT - (0:43)
3:42pm EDT - (1:03)
2:02pm EDT - (1:20)
1:48pm EDT - (1:19)
12:23pm EDT - (0:44)
11:28am EDT - (1:35)
11:46am EDT - (0:55)
9:34am EDT - (1:00)
2:39am EDT - (1:35)
Wed, Oct 18, 2017 - (1:09)
Wed, Oct 18, 2017 - (1:16)
Wed, Oct 18, 2017 - (1:02)
Moving Pictures »
Fri, Sep 29, 2017 - (2:07)
Wed, Aug 30, 2017 - (2:04)
Mon, Jul 31, 2017 - (1:41)
Mon, Jul 17, 2017 - (1:57)
Fri, Jun 30, 2017 - (2:09)
Thu, Jun 01, 2017 - (2:02)
Mon, May 01, 2017 - (1:01)
Fri, Mar 31, 2017 - (1:01)
Mon, Mar 06, 2017 - (0:43)
Fri, Mar 03, 2017 - (1:07)
Wed, Mar 01, 2017 - (1:01)
Fri, Mar 03, 2017 - (2:27)
Reuters Investigates »
Wed, Aug 23, 2017 - (6:44)
Thu, Mar 16, 2017 - (2:26)
Tue, Nov 01, 2016 - (2:15)
Thu, Sep 29, 2016 - (2:19)
Fri, Aug 05, 2016 - (2:04)
Mon, Mar 28, 2016 - (3:02)
Thu, Mar 10, 2016 - (2:34)
Mon, Dec 07, 2015 - (2:58)
Mon, Dec 07, 2015 - (2:20)
Mon, Dec 07, 2015 - (0:35)
Mon, Dec 07, 2015 - (3:53)
Tue, Jun 02, 2015 - (2:09)
Dateline Asia »
6:52am EDT - (1:51)
5:45am EDT - (1:53)
Wed, Oct 18, 2017 - (2:06)
Wed, Oct 18, 2017 - (2:10)
Wed, Oct 18, 2017 - (2:03)
Tue, Oct 17, 2017 - (1:44)
Tue, Oct 17, 2017 - (2:14)
Mon, Oct 16, 2017 - (1:54)
Tue, Oct 17, 2017 - (2:08)
Mon, Oct 16, 2017 - (2:07)
Fri, Oct 13, 2017 - (2:24)
Thu, Oct 12, 2017 - (2:12)