Oscar nominations give movies a bump on streaming and box office

After the Oscar nominations were announced, some of the nominated films received a boost at the box office. Not a HUGE amount but enough to be noticeable. Meanwhile, Netflix’s The Power of the Dog returned to Netflix’s Top 10 Global Movies list with 5.46 million hours watched for the week. On Netflix, that’s how they measure views – per hour. Thus, 5.46 million hours could represent up to 2,750,000 viewers. In theaters, that could have been an additional $22 million in ticket sales.

Kenneth Branagh’s Death on the Nile opened at number one, taking in $12 million for the weekend, which is more than Belfast earned in its total limited run. And sure enough, Spider-Man: No Way Home has now become the third highest-grossing film of all time, despite lacking a Best Picture nomination.

Other films that have had a bump include Drive My Car, which cracked a million, West Side Story, which is now breaking out of the low 30s and heading towards $40 million. King Richard got a boost to $14 million. Licorice Pizza costs up to $14 million and Dune has now surpassed $400 million worldwide. All of these films are currently streaming, with the exception of Drive My Car (coming to HBOMax on March 2). It makes it even more impressive that they are making money.

Source: Box Office Mojo

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