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Do the Oscars Matter for AMC, Cinemark?

The 94th Academy Awards takes the stage Sunday, and there's a fair amount of speculation that this could finally be the year when a streaming service takes home the coveted Best Picture Oscar. For years, Netflix has been in pursuit of this elusive prize. Steven Spielberg once gave an interview in which he more-or-less said that Netflix features are TV movies, and should not qualify for Oscars. Read More...

The 94th Academy Awards takes the stage Sunday, and there’s a fair amount of speculation that this could finally be the year when a streaming service takes home the coveted Best Picture Oscar. For years, Netflix has been in pursuit of this elusive prize. Steven Spielberg once gave an interview in which he more-or-less said that Netflix features are TV movies, and should not qualify for Oscars.

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