Netflix is joining the Motion Picture Association of America, the MPAA confirmed. The film industry’s 95 year-old Washington lobbying group had been discussing expanding its membership and mandate as it has been facing a budget shortfall of one-sixth of its membership as a result of Disney buying 21st Century Fox’s film studio, The Information first reported.
The news about Netflix came the same day as movies made by the company picked up 15 Oscar nominations, including 10 for “Roma,” a sign that the streaming service’s content has been accepted by Hollywood’s mainstream.
Netflix’s expertise on all the issues around streaming should help MPAA lobby for what matters in this new media landscape. Netflix’s addition to the MPAA could have consequences for the debate around how long films should be exclusive to theaters before landing on streaming services.