Oscar
Oscar

After “Parasite” made history Sunday night at the 92nd Academy Awards, or Oscars, its distributor Neon became the biggest winner in a studio battle among streaming service companies and traditional film industry moguls.

Neon is a New York-based American film production and distribution company founded in 2017. It braced a successful Oscar season with South Korean movie “Parasite” and “Honeyland” amassing 8 nominations in total and the former winning four awards including Best Picture, becoming the first foreign language film to receive that honor.

Business24

Comparing to Neon’s four trophies, Sony Pictures and Walt Disney Studios also scored four Academy Awards on Sunday night, but they are less eye-caching.

“Once Upon a Time in Hollywood” from Sony nabbed two awards, Best Supporting Actor (Brad Pitt) and Best Production Design. The studio also tallied Costume Design victory for “Little Women” as well as Best Animated Short Film for “Hair Love.”

Walt Disney, who acquired Fox last year, won the Best Animated Feature (“Toy Story 4”) while riding 20th Century Fox’s two wins for “Ford v Ferrari,” including the Film Editing and Sound Editing, and Fox Searchlight’s the Best Adapted Screenplay award for “JoJo Rabbit.”

Meanwhile, Netflix was the most disappointed studio in the competition. The streaming giant was nominated for a monumental 24 awards, up from 15 last year, but only attached to two winners, “American Factory” who won the Best Documentary Feature and Laura Dern, the Best Supporting Actress for “Marriage Story.”

“The Irishman” made by Netflix was arguably the most disappointed film of the year, as the Martin Scorsese feature went in with 10 nominations and left with zero wins.

Warner Bros. was the only other studio to nab multiple wins. “Joker” won the Best Actor and the Original Score. Enditem

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