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The 95th Academy Awards was a massive victory for streaming giant Netflix Inc (NASDAQ:NFLX), which received 15 nominations and won six trophies on Sunday night.
Walt Disney Co. (NYSE:DIS), which had 22 nominations, ended up walking away with just two awards.
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What Happened: Highly acclaimed German film “All Quiet On The Western Front,” which tells the story of a 17-year-old soldier facing the grim reality of World War I in the trenches, turned out to be Netflix’s trump card. It bagged five Oscars, including Best Foreign Language film and Best Cinematography.
See Also: How To Buy Netflix (NFLX) Stock
Other wins for the Los Gatos, California-based company included Guillermo del Toro's animated feature “Pinocchio” and the short documentary “The Elephant Whisperers” which follows the lives of a couple caring for an orphaned baby elephant in south India.
Bob Iger-led Disney managed to win awards for the Marvel franchise “Black Panther: Wakanda Forever” and James Cameron‘s blockbuster sequel “Avatar: The Way Of Water.”
Breakdown: Here’s how Netflix stacked up against Disney at the awards.
| Netflix | Disney |
| Best Cinematography (All Quiet On The Western Front) | Best Costume Design (Black Panther: Wakanda Forever) |
| Best Foreign Film (All Quiet On The Western Front) | Best Visual Effects (Avatar: The Way Of Water) |
| Best Production Design (All Quiet On The Western Front) | |
| Best Original Score (All Quiet On The Western Front) | |
| Best Documentary Short (The Elephant Whisperers) | |
| Best Animated Feature Film (Pinocchio) |
Netflix and Disney At Oscars 2023
Apple Inc (NASDAQ:AAPL), however, could not repeat last year’s success, converting only one of its two nominations at the 2023 Academy Awards.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.