After a long dry spell, legacy studio Metro-Goldwyn-Mayer, or MGM, has finally appeared on the Oscar’s best picture nomination list with Paul Thomas Anderson’s ninth feature film Licorice Pizza. The film is a coming-of-age dramedy set in the ’70s about a 15-year-old boy with an entrepreneurial spirit attempting to win the attention of a 25-year-old woman.
The last time MGM competed for the top prize was in 1988 with Barry Levinson’s Rain Man, the Tom Cruise-Dustin Hoffman-led road drama. This is also the first Best Picture nomination for the joint distribution venture between MGM and Annapurna Pictures, United Artist Releasing. MGM and UAR collected eight Oscar nominations for Licorice Pizza, House of Gucci, and No Time to Die.
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