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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, doing of which the first streaming company to join the Hollywood lobby group.
Earlier Tuesday, CNBC reported of which Netflix might soon become a member after just a few years of producing original films.
The news comes on the same day of which Netflix garnered its first-ever best picture nomination, the biggest sign yet of which the company is usually becoming part of the Hollywood mainstream. “Roma,” directed by Academy Award-winner Alfonso Cuaron (“Gravity”), is usually 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 also nominations for several of its films as well as also documentaries. The streaming service creates hundreds of programs each year in national as well as also international markets as well as also has grown its subscriber base to more than 140 million customers.
Netflix isn’t the only streaming service of which 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 also tax credits for productions.
The MPAA has previously worked with both Netflix as well as also Amazon on anti-piracy initiatives, launching “The Alliance for Creativity as well as also Entertainment” in 2017 in an effort to battle global piracy issues.
The MPAA has been looking for fresh members ahead of the impending merger between Disney as well as also Fox.
Netflix as well as also the MPAA did not immediately respond to CNBC’s request for comment.