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Gerwig, Robbie, DiCaprio Snubbed in Oscar Nominations

Leonardo DiCaprio arrives at the Governors Awards on Tuesday, Jan. 9, 2024, at the Dolby Ballroom in Los Angeles. (AP)
Leonardo DiCaprio arrives at the Governors Awards on Tuesday, Jan. 9, 2024, at the Dolby Ballroom in Los Angeles. (AP)
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Gerwig, Robbie, DiCaprio Snubbed in Oscar Nominations

Leonardo DiCaprio arrives at the Governors Awards on Tuesday, Jan. 9, 2024, at the Dolby Ballroom in Los Angeles. (AP)
Leonardo DiCaprio arrives at the Governors Awards on Tuesday, Jan. 9, 2024, at the Dolby Ballroom in Los Angeles. (AP)

Director Greta Gerwig and actress Margot Robbie, the women who helped make "Barbie" the runaway box office success of 2023, failed to land directing and lead actress Oscar nominations on Tuesday.

Leonardo DiCaprio, the lead actor in director Martin Scorsese's "Killers of the Flower Moon," was passed over by Hollywood's film academy in that category.

"Barbie" and "Killers of the Flower Moon" did snag two of the 10 best picture nominations, though they face formidable competition from the awards season frontrunner, "Oppenheimer," which led Tuesday's nominations with 13 nods.

Gerwig landed a nomination for best adapted screenplay for "Barbie," along with her husband Noah Baumbach. The movie, which earned over $1.4 billion at the worldwide box office in 2023, snagged eight nominations in total, and Robbie is credited as a producer for the best picture nod.

Also not making the Oscar nomination cut was "Past Lives" star Greta Lee, who was vying for a best actress nod for her role in the romantic drama set in Seoul, South Korea, and New York.

Joining her, "Ferrari" actress Penelope Cruz did not receive a nomination for her supporting role in the high-speed racing drama despite good reviews for her performance.

Bradley Cooper was left off the best director list for "Maestro," though he was nominated for best actor for starring in the film as composer and conductor Leonard Bernstein. Cooper also was snubbed in the directing category for 2018 best picture nominee "A Star is Born."

Among the overlooked films, "The Color Purple,” the musical adaptation of the 1982 book and the 1985 film, was almost completely shut out of the 2024 Oscars race, receiving only one nomination.

Danielle Brooks received the movie’s sole Oscars nod for best supporting actress, while "American Idol" winner Fantasia Barrino was snubbed for the best actress nomination.

The newest "The Color Purple," which was inspired by the Broadway musical of the same name, may repeat the history of no Oscar wins like the movie it was based on - both led by industry giants Oprah Winfrey and Steven Spielberg.

While the original movie received 11 Academy Award nominations, including best picture, it did not win in any category.

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Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
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Netflix Subscriber Additions Likely Slowed, Growth Strategy in Focus

FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo
FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, US, July 12, 2023. REUTERS/Mike Blake/File Photo

Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
The streaming giant likely added 4 million subscribers in the July-September period, according to analysts' estimates compiled by LSEG. Netflix originals such as "The Accident" and "The Perfect Couple" were among the top streamed titles in the US during the quarter, Nielsen data showed, according to Reuters.
As the pace of sign-ups slows, Netflix is trying to shift investor attention towards other performance measures including revenue growth and margins. It will stop reporting subscriber data from 2025.
"Their focus is to continue to grow subscribers at a healthy clip while also leveraging their scale, ability to raise prices and increase advertising dollars," said Pivotal Research analyst Jeff Wlodarczak.
The company's ad-supported plan has been growing but Netflix does not offer details on the tier's financial performance and does not expect it to become a primary driver of growth until 2026.
This has raised some concerns about its growth trajectory.
"They're making less than a billion dollars a year in the US on advertising, saying that doesn't make them look good," eMarketer television and streaming analyst Ross Benes said.
Some analysts have said the company needs to raise prices and phase out more of its ad free plans to nudge customers towards the tier with commercials as it usually brings in more revenue per user.
The company said in July last year it would stop offering the $9.99 a month basic plan without commercials to new users in the US and the UK, and phase it out for existing subscribers.
Netflix charges $6.99 per month in the US for the ad tier, while its standard plan without commercials is priced at $15.49 a month.
It has not raised the price of its standard plan since early 2022, while its ad-supported tier has been priced the same since its launch in late 2022.
The company, which operates in more than 190 countries, is expected to report ad revenue of $242.7 million in the third quarter, according to the average of estimates from three analysts compiled by LSEG. Overall revenue is expected to grow 14.3%, a slightly slower pace than the previous three months, to $9.76 billion.
To attract more advertisers, the streamer is focusing on live events including sports. Netflix will air the highly anticipated Jake Paul vs. Mike Tyson boxing fight in November, followed by its first NFL games in December.
The second season of hit South Korean drama series "Squid Game,” expected to release in December, could help the company draw subscribers in the last quarter of the year.
Netflix stock has risen 12.4% since it reported second-quarter results in July, compared with a 5% rise in the S&P 500 index.