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Amazon's Best Picture Oscar Nod Makes History For Streaming Media

Hollywood is buzzing after Tuesday morning's long-awaited Oscar Nominations announcements, finally revealing who will be competing for an Academy Award on Feb. 26. One of the biggest stories of the morning was the nominations haul scored by e-commerce giant Amazon and its streaming video arm, Amazon Studios. From a report: The Academy of Motion Picture Arts and Sciences gave Amazon's big Oscar contender, director Kenneth Lonergan's devastating drama Manchester by the Sea, six total nominations on Tuesday. Manchester by the Sea, which Amazon co-distributed with indie studio Roadside Attractions, is nominated for Best Picture, while Lonergan is nominated in both the directing and original screenplay categories. Actors Casey Affleck, Michelle Williams, and Lucas Hedges all also scored acting category nods. In total, Amazon has seven nominations, with the Iranian thriller The Salesman -- which Amazon is distributing in the U.S. -- up for Best Foreign Picture. Amazon CEO Jeff Bezos has made no secret about his desire to win an Academy Award -- an accomplishment no streaming service has yet pulled off -- and the company has spent a lot of money building out its portfolio of original feature films as it looks to compete with more traditional Hollywood studios. Last year, Amazon saw its Oscar hopes dashed after the company's collaboration with director Spike Lee on the film Chi-Raq failed to garner any nominations. But Amazon also spent a reported $10 million on the distribution rights to Manchester by the Sea at last year's Sundance Film Festival.

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Amazon's Best Picture Oscar Nod Makes History For Streaming Media

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