Amazon recently scored big in Sundance by laying down a whopping $12M paycheck for The Big Sick, written by and starring Kumail Nanjiani.
As Variety points out, the nomination comes nearly one year after Amazon made headlines by bidding a whopping $10 million for the rights to the film.
Michelle Williams was nominated for Best Supporting Actress for her role in "Manchester By The Sea".
Manchester by the Sea's Best Picture nomination is one of six nods it has received from the Academy.
While Netflix only managed five Golden Globe nominations this year-compared to 2014 when "House of Cards" managed four nominations on its own-the SVOD did walk away with a best drama series win for "The Crown".
Amazon was expected to have spent $3.2 billion on content in 2016, while Netflix has set aside $6 billion for content in 2017. Netflix came away with a nomination for Ava DuVernay's mass incarceration documentary, "13th".
Amazon has an advantage over Los Gatos-based Netflix when it comes to the high-profile Oscars.
It's the first time a streaming service has received a Best Picture nomination, according to reports this morning by Variety and The Hollywood Reporter. Netflix's "Beasts of No Nation", which was released to a limited number of movie theaters simultaneously, nabbed a Golden Globe for best supporting actor for Idris Elba past year.
MA native Casey Affleck is up for a Best Actor Academy Award for his starring role in the film, in which he plays a janitor in Quincy forced to return to his hometown to be the legal guardian for his nephew after a death in the family. They were both nominated for Academy Awards for their work in the Amazon Studios film.