Streaming services have been on the rise.
Unfortunately, though, 2023 is a different story.
For reference, Netflix had 36 Oscar nominations in 2020 and 27 nominations in 2022.
But, in 2023, the streaming giant only received 16 Oscar nominations.
The same story can be seen with other streaming services, too.
Why Didnt Streaming Services Get as Many Oscar Nominations in 2023?
There isn’t a single reason why streaming companies failed to gain recognition at 2023s Oscar ceremony.
This decline is the result of several factors.
Netflix and othergreat streaming servicesare experiencing the opposite as people can go out and about once again.
Once again, Netflix serves as a good example of this.
What comes to mind when you think about the best original content thats hit the Netflix platform?
The same can be said for other streaming platforms, too.
The reason for this is reflected byNetflixs own statistics website.
With that said, Oscars are only awarded to feature films.
Such a small pool makes it impossible for the final vote to be representative of the whole movie-watching audience.
What Do Low Oscar Nomination Numbers Mean for Streaming Services?
Besides, The Academy Awards isnt the only ceremony dedicated to modern media.
Streaming companies do well at the Emmys and Grammys awards ceremonies dedicated to TV series and music, respectively.
