Netflix secured a major victory at this year’s Academy Awards as its original films “Frankenstein” and “KPop Demon Hunters” collectively took home five prestigious Oscars.
A Triple Win for Del Toro’s Vision
Guillermo del Toro’s ambitious reimagining of “Frankenstein” proved to be a technical powerhouse, clinching three Academy Awards: Best Production Design, Best Costume Design, and Best Makeup and Hairstyling. The film, which entered the night with nine total nominations—including nods for Best Picture and Best Supporting Actor—solidified Netflix’s reputation for supporting high-end auteur projects.

Animated Success for KPop Demon Hunters
Meanwhile, Netflix’s most-watched movie ever, “KPop Demon Hunters,” enjoyed a successful evening by winning Best Animated Feature and Best Original Song. The wins highlight the streaming giant’s growing dominance in the animation and musical categories.
The Streaming Landscape at the Academy Awards
Streaming platforms have become a permanent fixture at the Oscars, following the success of predecessors like “Roma,” “The Power of the Dog,” and “All Quiet on the Western Front.” Despite this consistent presence, the elusive Best Picture award remains a challenge for Netflix. To date, Apple’s “CODA” stands as the only film from a streaming service to claim the night’s top honor.

Industry Tensions and Ceremony Highlights
The ongoing debate regarding the theatrical experience was brought to the forefront by host Conan O’Brien. During his opening monologue, O’Brien acknowledged Netflix co-CEO Ted Sarandos, quipping, “This is exciting: It’s his first time in a theater!”
While Netflix’s “Train Dreams” and Apple’s “F1”—which took home the award for Best Sound—were among the nominees for Best Picture, the top prize was ultimately awarded to “One Battle After Another.”
