🎬 They're Disappointed 😔

Oscar Nom Controversies, Scott Stuber's Out, and Netflix's Stellar Earnings!

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Whether you're a seasoned subscriber or a new arrival, we're thrilled to have you here. Every Monday, Wednesday, and Friday, we'll deliver the most important industry scoops directly to your inbox.

🎞 Here’s what’s on the reel today:
  • Oscar Nominations 2024

  • Scott Stuber's Netflix Curtain Call

  • Netflix’s Earnings Highlights

  • Last Looks: 👀 Bite-sized scoops on developing stories/projects

  • Video Village: The latest trailers

  • Martini Shot 🍸

But first, let’s take a look at what happened at the box office this past weekend!

🎬🏆 Oscar Nominations 2024: The 96th Oscar nominations are out, and Hollywood is buzzing – not just about who made the cut, but also about who didn't. Here are some key takeaways:

  • ‘Oppenheimer’ dominated with 13 nominations.

  • ‘Poor Things’ shined with 11 nominations.

  • ‘Barbie’ received 8 nominations, but key figures like Greta Gerwig and Margot Robbie were snubbed. The omission of these major talents has stirred quite a bit of conversation.

  • ‘Killers of the Flower Moon’ missed in some major categories, but scored in others, including an unexpected music nomination.

  • There was a strong international presence in major categories. 'Anatomy Of A Fall' and 'The Zone Of Interest' each secured 5 nominations.

  • 'The Holdovers,' 'Poor Things,' and 'American Fiction' received Best Picture nods.

  • Diane Warren and John Williams received their 15th and 54th nominations, respectively.

  • Lily Gladstone became the first Native American acting nominee.

  • Martin Scorcese set a record as the most-nominated living director.

  • Notably absent from the list were Leonardo DiCaprio and Bradley Cooper for Best Director.

The ceremony will be hosted by Jimmy Kimmel and will air from 4pm-7:30pm on March 10th. See the full list of nominations 👉 here. 👈

🎬👋 Scott Stuber's Netflix Curtain Call: Scott Stuber, Netflix’s Chairman of Film, is set to leave the streaming giant in March to start his own media company. Stuber, the architect behind Netflix’s original film division since 2017, has been a pivotal figure, but his departure was somewhat expected by industry insiders. Under Stuber, Netflix saw a surge in original film output and forged crucial ties with top-tier talent, albeit with mixed financial returns. His push for more theatrical releases and transparent viewership data highlighted a progressive outlook, slightly at odds with co-CEO Ted Sarandos' initial reservations. Chief Content Officer Bela Bajaria is temporarily stepping into Stuber's shoes as Netflix gears up for a $17B spend on original content in 2024.

🎥📈 Netflix’s Earnings Highlights: Netflix unveiled its impressive earnings report yesterday via a live-streamed, unscripted session. Despite a noticeable filter in the Q&A process and the absence of the usual skeptical analyst tones, the call flowed smoothly with little room for doubt or questioning. Here's the scoop in a nutshell:

  • 📈 Subscriber Surge: Netflix added 13M new viewers, hitting a whopping 260M globally.

  • 💰 Robust Financials: Revenue hit $8.8B with a $1.5B operating income.

  • 🔒 Password Crackdown Effect: The fight against password sharing contributed majorly to this quarter's growth.

  • 🎯 Strategic Focus for 2024: Netflix aims to enhance its core offerings (series, films, games, live, and sports-adjacent programming), grow its advertising business, and deepen fan connections through marketing and live experiences.

  • 🤝 Content Licensing: Netflix aims to benefit from studio partnerships and licensing.

  • 🌐 Market Positioning: Netflix is steering clear of linear assets and traditional company mergers.

  • 🤼 WWE Deal: A $5B, 10-year contract for WWE Raw, marks Netflix's stride into live events.

  • Selective Sports Strategy: The WWE deal is a specific market move, not a broader sports strategy shift.

  • 🏆 Live Event Investments: Netflix is set to host The Netflix Slam and the SAG Awards, exploring audience preferences in live formats.

Development 🗒️

  • Lindsay Lohan and Kristin Chenoweth are set to star in Netflix's rom-com ‘Our Little Secret.’ (more)

  • Universal Pictures is developing a new 'Jurassic World' movie, aiming for a 2025 release and marking the start of a "new Jurassic era.” (more)

  • Ketchup Entertainment acquires Michael Keaton and Mila Kunis-starring comedy 'Goodrich' with a mid-seven-figure deal, committing to a wide theatrical release. (more)

  • Netflix continues its collaboration with Harlan Coben, greenlighting adaptations of 'Missing You' and 'Run Away' into series. (more)

  • Bon Jovi docuseries ‘Thank You, Goodnight’ is acquired by Hulu. (more)

  • Nicole Kidman teams up with director Justin Kurzel for the film adaptation of the novel 'Mice.’ (more)

  • Gillian Anderson joins the cast of ‘Tron: Ares.’ (more)

  • Glen Powell stars in the upcoming thriller 'Huntington.' (more)

  • John Boyega is set to star and executive produce ‘The Book of Eli,’ a TV series prequel to the 2010 film. (more)

  • Ryan Coogler and Michael B. Jordan's new untitled genre thriller ignites a fierce bidding war among Sony, Warner Bros, and Universal. (more)

  • ‘General Hospital’ replaces its head writers with Patrick Mulcahey and Elizabeth Korte. (more)

  • Imagine Entertainment and Fifth Season partner on a feature documentary slate. (more)

  • Colin Firth is set to star in a Peacock and Sky limited series 'Lockerbie.’ (more)

  • Diego Boneta & Martha Higareda are set to star in erotic thriller film at Amazon. (more)

  • Lionsgate and Roadside Attractions acquire TIFF Midnight Madness film 'Boy Kills World.’ (more)

  • MrBeast is close to sealing a deal with Amazon Studios for a new unscripted competition series. (more)

  • Anthony Anderson, Marsai Martin, Ramón Rodríguez, and Antony Starr join Viola Davis in the star-studded cast of Amazon MGM Studios and MRC's action thriller 'G20,' now resuming production. (more)

  • A Ludacris dramedy is in the works at BET+. (more)

Sundance 🎞️

  • Netflix secures global rights to Sundance thriller 'It's What’s Inside' for a whopping $17M. (more)

  • Steven Soderbergh's thriller 'Presence,' secures a major deal with Neon at Sundance. (more)

Business 🤝

  • Dwayne 'The Rock' Johnson joins the board of TKO Group and secures full ownership of his trademarked name. (more)

  • Sony Group cancels the merger between its India unit and Zee Entertainment, citing unmet closing conditions and seeking a $90M termination fee. (more)

  • Netflix is set to eliminate its no-ads Basic plan. (more)

  • Paramount Global opts out of TV's traditional Upfront Week in New York, favoring individual meetings with advertisers over grand presentations. (more)

Other News 🚨

  • Warner Bros. Discovery is licensing ‘Sex and the City’ to Netflix. (more)

  • Sony Pictures is skipping CinemaCon 2024 to focus on post-strike production recovery. (more)

And... that's a wrap! If you're reading this email because a friend hooked you up, don't fret—just hit that subscribe button and join the party. 📧 👇

See you bright and early on Friday.

-The Dailies Team

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