IMDb v2.1 Top 50 (Last update: November 11, 2020)

Haha, I only just saw that the picture for The Godfather was Trump for some reason  . I checked the link of the image and it really used to be a link to The Godfather, but they probably changed it sometime since the last update. That's one hilarious coincidence, I changed it now. I'm sorry I haven't updated the top 50 in a while. I'll try to do it later this month/July since I still have a lot of data to process and a lot of university stuff going on.

It's been a long time, but the charts have finally been updated. Thanks for your patience. As mentioned in my previous post, the top 250 uses a bayesian average from now on, which better represents the popularity vs. rating balance and is used in most aggregators online (including the original IMDb top 250). Since the average for movies on this site is only 6.61, the bayesian average 'pulls' all the ratings towards that value. This means that the bayesian averages are siginificantly lower than the true averages. All the parameters used can be found in the spreadsheet so you can check the calculations if you want to. While the top 50 is solely ranked based on the bayesian averages, I also put the true averages in there, since we've been using them for so long that it might be easier to get a sense of how high the ratings are (and in case you prefer the original method). The spreadsheet also shows both the true and bayesian average for all movies. Here's a link to the spreadsheet. This spreadsheet also contains links to all polls and can be used to check if a poll for a movie is already present. Also, a few movies have more than one poll. In that case, only the poll linked in the spreadsheet counts towards the chart. We have surpassed the 17,000 votes mark and there are now 1,242 active polls to rate movies. An overview of the biggest changes to the list:

Top 50
*We have a new #1. Jaws reached the top spot for the first time and Raiders surpasses The Godfather as well. The Godfather was at #1 for almost 17 months, a streak only briefly interrupted by its sequel. I want to note that Jaws & Raiders also surpassed The Godfather's true average. So no matter the method used, the top 3 is the same. 
*It's been a long time since the last update and there's a new ranking system. So a lot has changed. One of the more notable changes is that Aliens rises from #7 to #4. The Fellowship of the Ring & Empire re-enter the top 10 at #7 and #8 respectively. And there's one final new top 10 movie, Die Hard, which rises from #12 to #10.
*Schindler's List shows one of the clearest drops in the chart, falling from #3 to #18.
*The highest newcomer in the top 50 is Lawrence of Arabia at #21.
*Return of the King also enters the top 50 for the first time at #27. The same goes for Blade Runner at #30 and Blade Runner 2049 at #34. This means that there are now 6 trilogies/franchises with 2 movies in the top 50: The Godfather, Alien, The Lord of the Rings, Star Wars, Terminator and Blade Runner. Interestingly, the Jaws franchise has both the highest-rated movie of all-time (Jaws) and the lowest-rated movie of all-time (Jaws: The Revenge). Now that's range.
*The highest ranking movie to fall out of the top 50 is Aguirre: The Wrath of God, with goes from #13 to #52.
*Singin' in the Rain, Predator, The Big Lebowski, It's a Wonderful Life, Gladiator, Casino Royale, Pulp Fiction, Léon & Citizen Kane also (re-)enter the top 50.
*Steven Spielberg & Ridley Scott both have 4 movies in the top 50 and are therefore the most represented directors at the top of the chart.

Outside of the top 50 and other noteworthy developments
*He might just have 1 movie in the top 50 (Dr. Strangelove), but Kubrick has a total of 5 movies outside of the top 50: The Shining (#52), Barry Lyndon (#78), Full Metal Jacket (#84), Paths of Glory (#116) and 2001: A Space Odyssey (#152).
*Nashville, A Christmas Carol and Diabolique are the only movies in the top 250 with exactly 10 votes. The Martian has the most votes at 67 votes. 
*No movies from 2019 have made there way into the top 250 yet. With the decade almost over, here are the 37 movies from the 2010s in the top 250:
#34. Blade Runner 2049
#60. Mad Max: Fury Road
#67. Edge of Tomorrow
#82. Sicario
#93. The Avengers
#101. Mission: Impossible - Fallout
#103. The Avengers: Infinity War
#119. Three Billboards Outside Ebbing, Missouri
#123. Arrival
#129. The Revenant
#139. Django Unchained
#145. True Grit
#149. Whiplash
#150. The Conjuring
#158. Wind River
#160. Captain America: The Winter Soldier
#161. Ex Machina
#168. The Martian
#170. The Grand Budapest Hotel
#178. Boyhood
#179. Cabin in the Woods
#181. Inception
#186. Wall-E
#188. Mission: Impossible - Rogue Nation
#198. Rogue One: A Star Wars Story
#199. Baby Driver
#201. Room
#206. Nocturnal Animals
#207. Her
#209. The Social Network
#218. Inside Out
#219. The Witch
#220. Prisoners
#221. Interstellar
#227. Spider-Man: Into the Spider-Verse
#232. Hugo
#237. Down of the Planet of the Apes
#247. Birdman

I also noticed that this update had more blockbusters up in the top 50 than before (which is, I think, what you mean). Of course this is partly due to the new system, which removes the unfair advantage movies with only a few votes had. But even with the old system, the only difference in the top 10 would've been Planet of the Apes instead of Empire. But the other things: Aliens rising, Fellowship & Die Hard in the top 10, Schindler's List dropping etc. also occur in the original system. So maybe it's also due to some kind of transition towards a more 'standard' or 'mainstream' top 50 as the top 50 movies get more and more votes. It has been more than 6 months since the last update before this one. Had I updated it monthly, the transition would've probably felt smoother.

I can't believe time went by so fast, but it's already been about 2 and a half years since the first edition of the IMDb v2.0 Top 50.
So, to celebrate, here's an overview of how the top 10 evolved throughout its existence (within the spoiler brackets). All dates are in the DD/MM/YYYY system. All top 10's are shown in a single line instead of below each other to save space. It's impossible to include all updates, but I'll try to include as many of the 'official' updates (in that the original post on the thread was updated).

I updated the chart. I'll mention all the changes in the top 20 and jumps/drops by 3 or more spots inside the top 50.

*The Empire Strikes Back gains 3 spots and can now be found at #6.
*Alien and Back to the Future switch places and are now at #15 and #16 respectively.
*The Terminator overtakes The Shawshank Redemption at #17.
*Schindler's List falls from #19 to #23.
*Se7en jumps from #23 to #20.
*One Flew Over the Cuckoo's Nest falls from #21 to #25.
*The Sound of Music falls back from #27 to #39. Last update it jumped from #38 to #27 so in the end it's almost exactly back where it used to be.
*Duck Soup also has a significant drop from #28 to #37.
*Pulp Fiction catapults itself from #49 to #32, marking the biggest jump within the top 50 this update.
*King Kong jumps from #42 to #38.
*Pinocchi falls out of the top 50 from #38 to #62.
*It's not the only movie to drop out of the top 50. Gladiator falls from #40 to #54. Furthermore, Beauty and the Beast falls from #50 to #52.
*If 3 movies fall out of the top 50, 3 movies have to enter it as well. This is the case for Once Upon a Time In The West, which skyrockets from #118 to #41. The Shining also enjoys a pre-halloween uptick from #59 to #42. Finally, Marry Poppins is a complete newcomer in the chart (top 50 or top 250) and debuts at #48.

IMDB TOP 50 UPDATE NOTES (15th of February, 2020)

It's been a while, but I updated the chart again. I'll mention all the changes in the top 20 and jumps/drops by 3 or more spots inside the top 50.

*No differences in the top 10 this update.
*Planet of the Apes and Aliens rise to #11 and #12, while 12 Angry Men and Terminator 2: Judgement Day fall to #13 and #14.
*Jurassic Park also loses one spot (#15) due to Alien's success.
*Star Wars: Episode IV - A New Hope gains 3 spots and is now at #16 and causes Back to the Future and The Terminator to both fall 1 spot to #17 and #18 respectively.
*Se7en at #19 overtakes The Shawshank Redemption at #20.

*Casablanca jumps from #36 to #31, which is the highest the movie has ever been since this chart started.
*Blade Runner drops from #31 to #36, which marks the first time its sequel is ranked above it. Blade Runner 2049 can be found at #34.
*The Shining continues to climb at a high pace and goes from #42 to #37.
*One spot below it we can find another Kubrick movie: Dr. Strangelove, which jumps from #46 to #38.
*We have 3 new entries in the top 50. Fargo jumps 15 spots and re-enters at #42. Memento goes from #67 to #43 and enters the top 50 for the first time. And Bride of Frankenstein catapults itself from #100 to #45 and enters the chart for the first time as well.
*Memento is now the #5 highest rated movie of the 21st century and the only Christoper Nolan movie in the top 50.
*On the other end of the spectrum, Bride of Frankenstein is the 2nd oldest movie in the top 50. It was released in 1935. Only King Kong (1933) is older.
*Kingdom of Heaven falls 6 spots from #43 to #49.
*Aguirre: The Wrath of God goes from #47 to #50.
*3 new entries means that 3 movies left the top 50 as well. Duck Soup falls from #37 to #52. Casino Royale falls from #50 to #54. And Marry Poppins drops from #48 to #78.

*2001: A Space Odyssey jumps from #153 to #134, which marks the first time the movie has risen in the chart in over a year.
*The recent Best Picture winner Parasite enters the top 250 at #151. This easily makes it the highest rated Best Picture winner of the 2010s. The only other winner of the 2010s in the top 250 is Birdman, which can be found at #234.