Netflix’s 5-Year Oscars Pursuit Hasn’t Delivered A Best Picture Win (Can 2024?)

Netflix’s pursuit of Oscars glory with a Best Picture win has yet to materialize, and the 2024 race could once again prove to be a challenge. The world’s biggest streaming service became very focused on becoming a major awards player several years ago, resulting in Netflix routinely funding projects from Oscar-caliber directors that other studios would not touch. The director-friendly workplace positioned the streamer as a savior for Hollywood at a time when blockbusters and franchises continued to dominate the box office and squeeze out dramas, thrillers, and other types of films aimed at adults that typically contend for Oscars.