Netflix Won Just Two Oscars After 'Parasite' Swept Major AwardsLaura Dern won for supporting actress in 'Marriage Story,' while 'American Factory' took best documentary.

Netflix might havedominatedOscar nominations, but as with theGolden Globes, the big evening itself was adisappointment. The streaming service only gained two Oscars, with Laura Dern winning best supporting actor inMarriage StoryandAmerican Factorytaking the best documentary prize. Meanwhile, its huge bet on Martin Scorsese'sThe Irishmanfailed to produce a single statue, despite 10 nominations.

Last week, CEO Ted Sarandos rejected the idea of a film industry pushback. "A pushback? Nobody can say that with a straight face, he told theNew York Times. "We got 24 nominations, the most of any studio. Our films have been honored across the board." However, given that the streaming service spent $70 million lobbying for its films, the resulting lack of Oscars (and Globes) has to considered a failure.

Netflix wasn't the only studio feeling the sting of losing, however, as best picture favorites1917andOnce Upon a Time... in Hollywoodfailed to take the big trophy. Instead,Parasitebecame the first foreign language film to win best picture, and swept other major awards: best director for Bong Joon-ho, best original screenplay and best international feature. "I'm ready to drink tonight," joked Bong.

Other major awards went to traditional studios, with Joaquin Phoenix winning best actor forJoker, Renee Zellweger taking the best actress prize forJudyand Brad Pitt taking best actor in a supporting role forOnce upon a Time... in Hollywood.Toy Story 4won for best animated feature and, as expected, Roger Deakins took the cinematography prize for1917. For the complete list of winners, checkhere.