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Streaming Services Rule At The Oscars Now. There’s No Going Back.

The Academy Awards has always rewarded adult dramas at the expense of comedy, horror, animation and action. Those movies don’t make money in theaters.

Apple acquired the rights to “Coda” at the Sundance Film Festival in 2021.

Apple acquired the rights to “Coda” at the Sundance Film Festival in 2021.

Source: Apple TV+
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Barring a major surprise in about five hours, a streaming service is going to win Best Picture at the Academy Awards for the first time.

If Apple wins for “Coda,” it will cap an improbable run by a movie that wasn’t considered a real contender just a month and a half ago. No movie that debuted at the Sundance Film Festival has ever won the top Academy Award, nor had Apple been nominated before this year.