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        <title><![CDATA[Oscars 2021 will allow streamed films due to the coronavirus]]></title>
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            <media:title type="html">Oscars 2021 will allow streamed films due to the coronavirus</media:title>
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        <content:encoded><![CDATA[<p>The 2021 Oscars are finally going with flow — of streaming movies.</p><p>The Academy of Motion Picture Arts and Sciences announced Tuesday that, due to the coronavirus pandemic, streaming-only films will be eligible for the Academy Awards for the first time. And for one year only.</p><p>&#8220;The academy firmly believes there is no greater way to experience the magic of movies than to see them in a theater,&#8221; academy president David Rubin and CEO Dawn Hudson <strong>says in a statement</strong>. &#8220;Our commitment to that is unchanged and unwavering. Nonetheless, the historically tragic COVID-19 pandemic necessitates this temporary exception to our awards eligibility rules.&#8221;</p><p>While in the past, Netflix movies such as &#8220;The Irishman&#8221; and &#8220;Marriage Story&#8221; <strong>have been nominated</strong>, they were up for Oscars only because they also enjoyed short runs at brick-and-mortar theaters in select cities.</p><p>However, with no widespread reopening in sight for major theater chains <strong>such as AMC and Regal</strong>, the antiquated rule would&#8217;ve forced the postponement or outright cancellation of the 93rd Academy Awards, due to take place on Feb. 28, 2021.</p><p>Although the academy maintains this is a one-year-only bend of the rules, direct-to-digital film releases are likely here to stay.</p><p>Universal Studios&#8217; &#8220;Trolls World Tour,&#8221; which was dropped on at-home platforms such as Amazon Prime and iTunes, generated $100 million in revenue in three weeks, <strong>according to IndieWire</strong>. That success led Jeff Shell, the CEO of its parent company NBCUniversal, to champion the shift. &#8220;As soon as theaters reopen, we expect to release movies on both formats,” he said.</p><p>And upcoming film festivals that are major stops during awards season, such as the Toronto International Film Festival and the New York Film Festival, are <strong>reportedly considering</strong> remote, digital viewing options.</p>]]></content:encoded>
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