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Netflix CEO Reed Hastings speaks during an interview on day two of the Netflix See What’s Next: Asia event at the Marina Bay Sands on November 9, 2018 in Singapore.
Netflix has joined the Motion Picture Association of America, producing the item the first streaming company to join the Hollywood lobby group.
Earlier Tuesday, CNBC reported that will Netflix would certainly soon become a member after just a few years of producing original films.
The news comes on the same day that will Netflix garnered its first-ever best picture nomination, the biggest sign yet that will the company is actually becoming part of the Hollywood mainstream. “Roma,” directed by Academy Award-winner Alfonso Cuaron (“Gravity”), is actually Netflix’s best showing at the Oscars with 10 nominations. Last year, “Mudbound” received four Academy nominations.
Netflix has greatly expanded its production in recent years, earning awards for its television programs as well as nominations for several of its films as well as documentaries. The streaming service creates hundreds of programs each year in national as well as international markets as well as has grown its subscriber base to more than 140 million customers.
Netflix isn’t the only streaming service that will has been in talks with the MPAA. Amazon, too has considered joining the organization, which lobbies for copyright protection, anti-piracy protection as well as tax credits for productions.
The MPAA has previously worked with both Netflix as well as Amazon on anti-piracy initiatives, launching “The Alliance for Creativity as well as Entertainment” in 2017 in an effort to battle global piracy issues.
The MPAA has been looking for completely new members ahead of the impending merger between Disney as well as Fox.
Netflix as well as the MPAA did not immediately respond to CNBC’s request for comment.