Netflix Dominates Artios Awards Nominations Amid Mixed Reviews
On a significant day for Netflix (NFLX), The Wrap reports that the streaming giant is set to shine at the Artios Awards. As one of the most prestigious events honoring television casting, it appears Netflix will outperform traditional networks in the nominations. This news has somewhat excited shareholders, leading to a slight uptick in shares during Friday’s closing minutes of trading.
This year marks the 40th anniversary of the Artios Awards, presented by the Casting Society (CSA). There are 22 categories, and Netflix has amassed an impressive 17 nominations—more than double the eight it received last year. Noteworthy contenders include The Crown, Baby Reindeer, and Ripley.
In contrast, HBO Max (WBD) received just six nominations, making it the second-highest contender. This contrast underscores Netflix’s growing influence in the streaming space. Notably, this year’s Artios will be the last before the Academy Awards introduces an Oscar category dedicated to “achievement in casting.”
Trouble for Raimi’s Don’t Move Thriller
Amidst Netflix’s accolades, issues are surfacing with Sam Raimi’s latest thriller, Don’t Move. The film reportedly shines in its opening 20 minutes with intense pacing, but the remaining 70 minutes struggle to maintain the same momentum, mirroring the lead actor’s paralysis in the plot.
Additionally, several popular titles are set to leave Netflix shortly. Among these is Warrior, which fans had high hopes for given its 93% score on Rotten Tomatoes. Other departing titles include six films from the Child’s Play series—from Child’s Play 2 to Cult of Chucky—as well as two Dr. Seuss films, the first three entries of The Expendables, and Eat Pray Love.
Current Outlook for Netflix Stock
On Wall Street, NFLX stock holds a Moderate Buy consensus rating, based on 25 Buys, 10 Holds, and 2 Sells in the past three months. Over the last year, shares have increased by 78.53%. Currently, analysts project an average price target of $786.34 per share, hinting at a potential 4% upside for investors.
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