Sunday, February 25

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  (NFLX) – Get Netflix, Inc. Report has been in pursuit of this elusive prize. The streaming giant has carved out a huge chunk of the entertainment business for itself, and these days it’s one of the main suppliers of the romantic comedies and mid-scale dramas people used to see in theaters. 



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