Streaming Isn’t Lifting Oscar Movies’ Sagging Fortunes

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Streaming Isn’t Lifting Oscar Movies’ Sagging Fortunes
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For Variety VIP+ subscribers: New data shows streaming isn’t lifting Oscar movies’ sagging fortunes

; the third was Netflix’s “All Quiet on the Western Front,” which never received a wide theatrical release but was heavily promoted on the ubiquitous streamer’s homepage.

“All Quiet,” in particular, has already made major noise on the awards circuit. The German WWI epic swept the BAFTAs, winning half of its 14 nominations, including wins for best film, director and adapted screenplay. “Banshees” also had a showing at the BAFTAs, with 4 wins out of 10 nominations, a major plus for Searchlight after the film was overshadowed by “The Menu” during its theatrical run.

Meanwhile,"Everything Everywhere," a film that did earn substantial gross at the box office, won four out of five of its noms at the SAG awards, exemplifying the inconsistency with which high box-office performance or streaming debuts correlate with the awards circuit. Of course, comparing raw viewership across different streaming platforms is in some ways an apples-to-oranges comparison given the vastly differing sizes of streamers’ subscriber bases. Showlabs therefore also measures titles’ “share of viewing,” meaning the percentage of all active U.S. profiles on a given platform that watched at least two minutes of the title in question.

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