Listen Now: Why Spielberg Is Pushing to Block Netflix From The Oscars
The movie business is changing and one of its brightest stars isn’t on board.
At this year’s Oscars the movie “Roma” was nominated for some of the biggest awards, including best picture and best director. And despite its success “Roma” was a movie that was screened on Netflix, not in theatres.
Netflix, like Amazon Prime and Hulu is making a big name for itself as another option for people looking to be entertained. Now director Steven Spielberg is looking to streamline Academy rules for getting nominated for the biggest honor in the business.
Next month he is supposed to propose a rule change to restrict eligibility for films that do not have a significant run in theaters. His idea is that in order to be considered for an oscar a movie should be seen in mainstream theaters for four to six weeks before being released on streaming services.
Speilberg says he wants to protect the experience of going to the theater and fully appreciating the movie. Netflix and others in the industry say technology is changing the viewing experience, and that’s a wrap.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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