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Sean Baker holding 4 Oscars
(Angela Weiss/Getty Images)
Ani Haul

Indie hit “Anora” really cleaned up at the Oscars last night

The movie, which grossed ~$41 million worldwide, took home Best Picture and four other awards.

Tom Jones

Despite its shoestring $6 million budget and relatively unknown cast, thrilling indie comedy-drama “Anora” won big at the 97th Academy Awards last night, after star Mikey Madison pipped favorite Demi Moore to Best Actress and writer-director Sean Baker scooped four gongs, including Best Picture, to equal a record set by Walt Disney himself 70 years ago

Elsewhere, Adrien Brody received his second Best Actor award for “The Brutalist” and delivered an emotional (and long) speech; there were first wins for films from Latvia and Brazil; and the Academy staged a kind of weird tribute to James Bond, after Amazon took creative control of the franchise recently.  

In their acceptance speech for the Best Picture award, and practically the final words of the ceremony, Sean Baker and the “Anora” team emphasized the movie’s indie credentials. The winners thanked production company Neon, which was only founded eight years ago, and declared “long live independent film,” as their work — which took 1/24th of last year’s winner “Oppenheimer” at the box office — romped to victory.

Best Picture winners gross chart
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While the success of Christopher Nolan’s atomic blockbuster bucked the trend of Academy voters’ recent tendency to lean toward lower-budget, artier offerings (like “Parasite,” Neon’s only other Best Picture winner), this year’s top Oscar performer’s box office takings look a little light, even by modern standards. Besides pandemic-era winners “Nomadland” and “Coda,” which were hampered by shuttered cinemas and limited theatrical releases, “Anora” is the lowest-grossing Best Picture of the last 45 years, having taken just shy of $41 million at theaters around the world.

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Netflix is staffing up an apparent AI animation studio called INKubator

According to several public job listings, streaming giant Netflix appears to be building a GenAI animation studio called INKubator.

First reported by journalist Janko Roettgers in the Lowpass newsletter, INKubator seems to have launched in March and aims to “develop feature-quality content in a creator-led environment.”

As Lowpass reports, INKubator appears focused on AI-generated short-form animation, but listings imply ambitions toward longer-form content. Netflix didn’t immediately respond to a request for comment.

INKubator wouldn’t be Netflix’s first foray into AI. Back in March, it acquired Ben Affleck’s AI filmmaking startup InterPositive — which trains on individual films’ already-shot footage — for as much as $600 million depending on certain targets.

Netflix’s potential future AI-generated animations could be served to an increasingly ad-packed streaming service. At Netflix’s Upfront presentation on Wednesday, the company said its ad-supported tier has now reached 250 million subscribers globally, up 31% from November.

As Lowpass reports, INKubator appears focused on AI-generated short-form animation, but listings imply ambitions toward longer-form content. Netflix didn’t immediately respond to a request for comment.

INKubator wouldn’t be Netflix’s first foray into AI. Back in March, it acquired Ben Affleck’s AI filmmaking startup InterPositive — which trains on individual films’ already-shot footage — for as much as $600 million depending on certain targets.

Netflix’s potential future AI-generated animations could be served to an increasingly ad-packed streaming service. At Netflix’s Upfront presentation on Wednesday, the company said its ad-supported tier has now reached 250 million subscribers globally, up 31% from November.

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Saleah Blancaflor

Netflix confirms a “KPop Demon Hunters” world concert tour is on the way

Netflix has a “Golden” mine and it's digging deeper.

At its fourth annual TV Upfront presentation on Wednesday, Netflix President of Advertising Amy Reinhard announced a partnership with AEG Presents to create a “KPop Demon Hunters” world tour that will bring the phenomenon to life.

In March, Bloomberg previously reported Netflix was planning a global world tour sometime next year ahead of the sequel in arenas that would hold 10,000 to 20,000 fans, though the news had not been confirmed by the company nor had a partner been in place at the time. 

“KPop Demon Hunters” is Netflix’s most watched film of all time, racking up 481.6 million views globally during the second half of 2025. Since its release, the HUNTR/X trio of Ejae, Audrey Nuna, and Rei Ami has appeared and performed at several major events including late-night talk shows, award ceremonies, and most recently at Coachella, where they were a surprise guest for Katseye. It hasn’t been confirmed whether the trio will be on the tour.

The announcement of the tour comes after Netflix co-CEO Ted Sarandos shared in a recent blog post that the company spent $135 billion on licensing and original film and TV over the last 10 years.

This year, Netflix has a projected content spend of $20 billion, up 10% year over year, while its annual revenue forecast is between $50.7 billion and $51.7 billion. The streaming giant has brought in more than $46 billion in profit over the past decade.

Netflix said more details around cities and tickets for the concert tour are expected to come out later this year.

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