The Business
Analyzing the Oscar noms w/ THR’s Scott Feinberg; Netflix has a strong Q4
Jan 24, 2025
Scott Feinberg, Executive Editor of Awards at The Hollywood Reporter, dissects the latest Oscar nominations with keen insight. He discusses the surprises in this year's nominees and how the Academy is shifting towards more inclusivity. The conversation also touches on Netflix's remarkable 19 million new subscribers and its market strategy, including potential mergers in the streaming landscape. Feinberg explores the implications of AI on Hollywood and how it could change the future of performances at prestigious award shows.
30:01
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Quick takeaways
- Netflix's remarkable success in Q4 signifies its ability to thrive post-pandemic, while raising subscription prices indicates strong demand for its ad-free offerings.
- The shifting landscape of Oscar nominations reflects an emerging trend where filmmakers seek theatrical releases, challenging the traditional streaming model in Hollywood.
Deep dives
Netflix's Dominance in Streaming
Netflix's recent performance has solidified its position as the leading player in the streaming industry, evidenced by the addition of 19 million subscribers in a single quarter, bringing its global subscriber base to over 300 million. This surge is attributed to a combination of new content releases and live events, signaling that Netflix continues to thrive even post-pandemic. The company's ability to raise subscription prices indicates strong pricing power, as demand for its ad-free tiers remains high. Moreover, this significant growth has sparked discussions about potential mergers among competing streaming services that seek to consolidate and strengthen their market presence.
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