Netflix Films Clinch Multiple Academy Awards, Redefining Streaming Success

by THEFUTURE.TEAM

March 16, 2026

Two Netflix films won several Academy Awards this year. Guillermo del Toro’s Frankenstein received awards for Best Production Design, Best Costume Design and Best Makeup and Hairstyling. Netflix’s animated film KPop Demon Hunters won Best Animated Feature and Best Original Song.

Streaming’s Ascendant Power

The triumph of these films underscores the transformative impact of streaming on traditional cinematic honors. Netflix has steadily built its reputation with celebrated titles, including Roma and recent winners such as All Quiet on the Western Front. These achievements serve as a testament to the platform’s unwavering commitment to excellence and innovation in storytelling.

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Best Picture: The Next Frontier

Despite these significant victories, Netflix continues to face challenges in securing the top honor of Best Picture. The only streaming film to have ever clinched this award remains Apple’s CODA, a distinction that highlights intensely competitive dynamics within the industry.

Memorable Moments And Industry Insight

The award ceremony provided its share of notable moments, with host Conan O’Brien injecting humor about Netflix co-CEO Ted Sarandos’s first appearance in a theater. Additionally, despite Frankenstein being nominated in prestigious categories, including Best Picture and Best Supporting Actor, the Best Picture award went to One Battle After Another.

Looking Ahead

Other films from streaming platforms were also nominated during the ceremony. Netflix’s Train Dreams and Apple’s F1 were among the titles recognized. The awards reflect continued competition between streaming platforms and traditional studios in major film categories.

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Meta’s $18 Billion Settlement Limits State Claims Over Children’s Data

by News Editor

August 28, 2026

Meta’s $18 billion settlement with attorneys general from 29 U.S. states includes a provision limiting future state claims over the company’s use of children’s data for age-assurance systems.

Under the agreement, Meta must develop, train and begin testing a system to identify users under 13 within a year of the settlement taking effect. The company already uses AI-based age-detection tools, although the agreement does not require the new system to use AI.

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States Agree To Limits On Future Claims

The Children’s Online Privacy Protection Act (COPPA) generally restricts the collection and retention of personal data from children under 13. Under the settlement, the 29 state attorneys general agreed not to bring past, present or future claims under COPPA or similar state laws over the specified use of children’s data.

Meta will not be permitted to use information from users under 13 for advertising, marketing or algorithmic optimisation.

Federal Enforcement Remains Unclear

COPPA is primarily enforced by the Federal Trade Commission, which is not a party to the agreement. That leaves open the possibility of separate federal action over how Meta collects or uses children’s data.

Another issue is whether Meta can keep age-assurance data isolated from its other systems. An independent auditor will monitor compliance, but the settlement does not fully specify what data Meta can retain for training, how long it can be stored or whether derived insights can be used elsewhere.

Legal Risks Remain

Joshua Wurtzel, a partner at Schlam Stone & Dolan, said states could still pursue claims if Meta uses the data outside the settlement’s limits. Such cases could depend on how those limits are interpreted.

Peter Jackson, a data and intellectual property attorney at Greenberg Glusker, said the provision could “disincentivize future enforcement actions.”

The agreement gives Meta greater legal certainty around using children’s data for age assurance, but questions remain over federal enforcement, data retention and secondary use.

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