re: Yes or No: Will "IT" be nominated for Best Picture?

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No.
Get Out will get the nod. Was ok but of course you know the drill now ......

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Get Out was a movie that had hardly any backing. Was made for $4.5 million, and made over $175 mil domestically.

It has a 7.7 viewer rating on IMDB and a 87 audience score on Rotten Tomatoes.

It also has a 84 on metacritic and is at 99% on Rotten Tomatoes.

Maybe its just a good movie.