00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Warner Bros. Discovery won 11 Oscars at the 98th Academy Awards as the studio moves forward
00:08with a nearly $110 billion sale to Paramount Skydance. One battle after another, directed
00:14by Paul Thomas Anderson, won six awards, including Best Picture, Best Director, and Best Supporting
00:21Actor. Sinners, directed by Ryan Coogler, won four Oscars, including Best Actor for Michael
00:26B, Jordan. Jordan thanked Warner Bros. for backing original ideas during his acceptance speech.
00:32The ceremony occurred as the studio prepares for a change in ownership.
00:36Netflix also had a strong night with seven Oscars, including three for Guillermo del Toro's adaptation
00:42of Mary Shelley's Frankenstein. Netflix later received an analyst upgrade after declining
00:47to match the revised Paramount Skydance bid.
00:50For all things money, visit Benzinga.com.
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