Netflix appears to still be very much in the business of making and acquiring weighty adult dramatic films tied to the showbiz awards season, following yet another pricy Sundance purchase and the reception of nine Oscar nominations Tuesday for its German-language adaptation of All Quiet on the Western Front, including Best Picture.
In addition to the Academy of Motion Picture Arts & Sciences' top prize, All Quiet on the Western Front also received Academy Awards nominations for its screenplay, cinematography and visual effects.
And wait, there's more -- Netflix's Knives Out sequel, Glass Onion, also received a nomination for Best Adapted Screenplay.
It was an auspicious Oscar nominations campaign for Netflix, given how little audience traction recent prestige titles, which also include Christian Bale film The Pale Blue Eye, have had on the platform.
Released in late October, All Quiet on the Western Front topped out at just under 40 million viewing hours for the week of Oct. 31 - Nov. 6.
Netflix, meanwhile, announced a 2023 domestic film slate last week that was sligthly smaller than last year's, with resources diverted to local-language hot zones including Korea.
However, on Monday, the company reportedly spent around $20 million to acquire a weighty indie relationship drama, Fair Play, at the Sundance Film Festival.
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Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!