Netflix is sliding after receiving its first Oscar nomination for best picture
|01/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Netflix on Tuesday received an Oscar nomination for best picture for the black-and-white drama “Roma.” It was the streaming giant’s first nomination for best picture.
- Despite the announcement, shares of Netflix slid nearly 3%, underperforming the broader market.
- Watch Netflix trade live here.
The film drew other nominations across categories. Roma’s director, Alfonso Cuarón, earned a nomination for best director; Yalitza Aparicio was nominated for best actress, and Roma was nominated for best foreign-language film.
Last week, read more >>>