Netflix Scores Big With 16 Oscar Nominations for ‘Irishman’ and ‘Marriage Story’

The streaming video giant's gamble on big-budget prestige films appears to have paid off.
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Netflix (NFLX) - Get Report had a very successful Oscar nominations performance Monday morning with 10 nominations for its big budget, prestige film “The Irishman," six more for “Marriage Story” and another three for "The Two Popes." "The Irishman" and "Marriage Story" were both nominated for Best Picture. 

Netflix shares were rising 1.6% to $334.30 in morning trading on Monday.

"The Irishman," an expensive gamble directed by acclaimed director Martin Scorsese, was nominated for Best Picture, Best Director, twice for Supporting Actor (Joe Pesci and Al Pacino) Adapted Screenplay, Cinematography, Visual Effects, Film Editing, Production Design and Costume Design.

"Marriage Story" was nominated for Best Picture, Leading Actor (Adam Driver), Leading Actress (Scarlett Johansson), Original Screenplay, Supporting Actress (Laura Dern) and Original Score. "The Two Popes" was nominated for Leading Actor (Jonathan Pryce), Supporting Actor (Anthony Hopkins) and Adapted Screenplay.

Netflix also won two nominations for best animated feature for “Klaus” and "I Lost My Body," and a documentary feature nomination for “American Factory.” 

Netflix was nominated for 17 Golden Globes this year, but won in only one category -- Laura Dern for best supporting actress for "Marriage Story."