Apple TV+'s first Oscar movie win with CODA at Oscars 2022

 

Apple's millions of dollars of rights acquisition last year after Sian Heder's family drama movie CODA won Sundance turning out to be iPhone maker's first Oscar winner movie. CODA have won three Oscars with Best Picture, Best Adopted Screenplay and Best Supporting Actor at 94th Oscars in Dolby Theaters Los Angeles. 

CODA's worldwide rights were not acquired by Apple making it a limited release in some of the markets. Despite not releasing in all markets, CODA made $1.1 Mn in US while competing against Power of Dog and others in Oscars nominated categories to won those awards as Apple's rights purchase become wise decision.

Apple TV+ platform in terms of gaining popularity is fueled by an Oscar winning movie after its success with tv hit Tedd Lasso against other streaming services Amazon Prime and Netflix.