Upstart Neon wins top Oscars prize, Netflix falls short again

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Upstart Neon wins top Oscars prize, Netflix falls short again
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Three-year-old independent film distributor Neon upstaged the traditional Hollyw...

LOS ANGELES - Three-year-old independent film distributor Neon upstaged the traditional Hollywood studios and streaming giant Netflix Inc on Sunday to grab the coveted best picture Oscar for South Korean have-and-have-nots tale “Parasite.”

Netflix, which had led all distributors going into the ceremony with 24 nominations, missed out on best picture for a second time. Its drama “Roma” was a leading contender last year. This year’s “The Irishman,” featuring an A-list team including director Martin Scorsese and star Robert De Niro, ended the night without any Oscar trophies.

This year, Neon helped turn “Parasite” into a phenomenon in the United States and Canada, a rarity for a film with English subtitles. The movie tells the story of a poor family in Seoul that schemes its way into working in a wealthy household.

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