Netflix managed to win only two trophies at the Oscar 2020 out of its 24 nominations. Donald Trump prepares to unveil $4.8trn budget.
Trillion Dollar Baby
US President Donald Trump is expected to release a $4.8trn budget today, the final one before the November election. He is expected to propose increasing military spending and decreasing spending on social-safety-net programmes and foreign aid. More details here.
Netflix and Unfulfill
Netflix may have made headlines as the media company with the most number of Oscar nominations - more than industry giants like Disney and Sony. But after the 92nd Academy Awards, the streaming behemoth did not take home the most prizes. That honour was shared between Disney, Sony and South Korea's CJ Entertainment. Netflix, meanwhile, managed to win only two trophies out of its 24 nominations. [CNBC]
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