Apple’s “Coda” Oscar is a win for the hybrid release model ...Middle East

Quartz - Economy
Apple’s “Coda” Oscar is a win for the hybrid release model
source : Quartz ( Middle East ) () 12
If consumers ever decide to ditch their iPhones, Apple will do just fine in the movie business. That’s one of the open roads ahead in the wake of the tech giant’s Best Picture Academy Award on Sunday for Coda, the first such trophy for any streaming company. And while breaking Oscars ground for streaming companies is a milestone, what’s more notable in the wake of the pandemic is the fact that this is the first hybrid release film to win Best Picture at the Oscars. In 2020, as Hollywood’s box office revenue sank in due to covid-19 lockdowns and movie theater closures, Warner Bros. experimented with a simultaneous Christmas Day release of Wonder Woman 1984 in theaters and HBO Max simultaneous

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