Too Long; Didn't Read
Netflix won seven Oscars in 2021, the most by any studio since Lionsgate won eight in 2017. Netflix stockpiled an impressive slew of Oscar nominations year after year, and won a bunch, too. Big years like those provided prestige to New Hollywood -- a sign that streaming services had arrived. Netflix, however, was the undisputed star, until Apple pulled off Best Picture, an accolade that continues to elude Netflix. Netflix remains the leader. But Apple reminded everyone that Netflix has plenty of company in New Hollywood.