Amazon & Netflix bag maiden Academy Awards

The SVoD operator also won Best Foreign Language Film for Iranian drama The Salesman, which the service offered to viewers in North America, while Netflix won the documentary short award for The White Helmets, about rescue workers in Syria.

Amazon is distributing Iran's The Salesman n the U.S. Netflix, meanwhile, distributed The White Helmets. Video-on-demand streaming service Amazon won its first-ever Academy Awards on Sunday night, taking home three Oscar statues.

The film's other nominations are in the categories of best director and original screenplay (Kenneth Lonergan), best actor (Casey Affleck), best supporting actress (Michelle Williams) and best supporting actor (Lucas Hedges).

Both wins marked a huge milestone for streaming companies as they seek to solidify their standing in Hollywood, directly threatening the hegemony of major studios.

"One of the great things about entertainment is just being able to connect people to stories", Reed Hastings, Netflix's CEO told the Mobile World Congress, the phone industry's largest annual trade fair, in Spain.

This year the awards have shown what a good job the likes of Amazon and Netflix are doing with their original content. With the camera filming Amazon CEO Jeff Bezos in the audience, Kimmel joked if Bezos wins, his Oscar will arrive in two to four business days and might be stolen by a GrubHub delivery guy.

Kimmel also said: "Amazon produced "Manchester by the Sea.' That was a fun movie, wasn't it?" Amazon distributed that film in the United States and Canada. For at least one film, "Beasts of No Nation", it did limited a limited theater release in 2015 at the same time as it was streaming the movie.

Among the titles bought by Amazon was the romance-comedy "The Big Sick", purchased for a reported $12 million, while Netflix forked out a similar amount for period-drama "Mudbound".

  • Salvatore Jensen