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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,103+0.6%Nov 7 9:30 AM EST
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To: TimF who wrote (1852)4/2/2019 11:43:33 PM
From: Zen Dollar Round1 Recommendation

Recommended By
Sr K

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I think it could be safely argued that Oscar nominations and wins generate more business for the films so honored.

For example, the Regal Cinemas theater chain has a $35 festival deal where you can see all movies nominated for Best Picture right before the ceremony airs. It runs over 10 days and the films rotate showtimes each day (4 per day) so it's easy to see all of them if you want to.

Also, after the Oscars, AMC Theaters (and perhaps others) began showing Green Book and A Star Is Born (the extended edition) again even though they had both been long out of theaters.

I have no doubt that extends into the rental and purchase market, and in the case of services like Netflix, more subscriptions.

Therefore, arbitrarily excluding films because they were produced by streaming companies hurts their business. That's anti-competitive.
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