Current service Netflix (NASDAQ: NFLX) He has collected worldwide popularity thanks to his huge library of popular series and films that are no longer united on network television. However, in recent years, competitive media companies have invested in their ownership of Streaming, and have moved their content from Netflix.
As a result, Netflix has spent the last few years inventing in more end Fun job. Although many old shows and movies can still be found there, the company consciously did its best to develop its own original content.
Were these investments worth the price? March 2. Investors may get an answer. Let’s dig why this is such an important date for the Netflix and explore what is about to reputate the company.
On Sunday, March 2, some of the biggest fun names will gather at the Dolby Theater in Hollywood, California, at the Academy Awards Ceremony. Oscars are some of the most desirable awards in Hollywood, and studies have an interest in winning. Victory can strengthen the reputation of Studios and make manufacturers feel more secure that their financial investment in content was valid.
This year, Netflix provided 18 nominations for the Academy Award, mostly among any studio. This is the sixth year in a row that either has received the most nominations or shared that difference.
Considering that Netflix’s move to the original content is still relatively consistent compared to many of its peers, it is impressive to see the company Oscar voters recognized because of personality Walt Disney,, The most important,, Sony,, Discovery Warner Bros.and other inherited studies in recent years.
Although it is clear that Netflix has shown its ability to secure an Oscar nomination, how did the company actually go at an event with the stars?
|
Year |
Nominations for Oscar |
Oscar wins |
|---|---|---|
|
2014 |
1 |
0 |
|
2015 |
1 |
0 |
|
2016 |
2 |
0 |
|
2017 |
3 |
1 |
|
2018 |
8 |
1 |
|
2019 |
15 |
4 |
|
2020 |
24 |
2 |
|
2021 |
36 |
7 |
|
2022 |
27 |
1 |
|
2023 |
16 |
6 |
|
2024 |
19 |
1 |
|
Total |
152 |
23 |
Data Source: Netflix.
In total, Netflix won 23 Oscars in 152 nominations, or about 15% of the time. Although there is really no ultimate way of measuring whether such a victory rate is good or bad, there are some operational metrics that we can see to see if its investment in original content was valid.
The chart illustrates Netflix’s income, operational costs and net income in the past decade. Since the Academy began to recognize, the company’s revenue growth has far exceeded its cost profile.
