Why Awards Shows Still Matter for Movies

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Why award shows are so important for movies

). But once a film receives a nomination, it also typically gets an "awards bump" — a surge in profits from folks who trek to theaters to see what all the fuss is about.

While this income bump has somewhat diminished in the digital age, especially as DVD sales and broadcast TV licensing deals atrophy, economics researchers have found that honored filmmakers are nearly a surefire predictor for future studio revenue.

And you can do more good in the world with money than without it. Awards revenues help funnel money to films that would otherwise be forgotten and fund niche ideas that would otherwise be ignored. For example, the Oscars lifted director Debra Granik's profile and made a star of Jennifer Lawrence in 2010 when $2 million Sundance sensationended up with four nominations.

A dearth of prestigious awards doesn't take away the vitality of Adam Sandler's career-best performance in. I implore AMPAS to make more concerted efforts to diversify its membership demographics so that new stories and storytellers can be anointed in showbiz, but I cannot pretend the Oscars are irrelevant because I disapprove of their selections.

Hollywood is a business — if you want production companies, studios and distributors to back the up-and-coming filmmakers you love, then you also need to acknowledge the magnitude of the big, lumbering players who keep the money rolling in.

 

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They should really make award show gambling a prominent feature. Would attract more viewers

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Awards shows stopped mattering when every actor used their platform as a way to bash Trump while lecturing Americans on climate change and morality while simultaneously living it up on their yachts and private jets and pal-ing around with Weinstein

AwardShows better start making them more interactive for their home audience and outside viewers. It will add to the excitement and draw in viewers. Oscars

The Oscars are nothing but 'Hollywood celebrates Hollywood'. For cat. 'Best Film' it is forbidden that a foreign film - not made in Hollywood - gets the Oscar. Certain subjects are not allowed either. Best Examples for jury bigots: The Crying Game Brokeback Mountain Priscilla

hello The Hollywood Reporter💝 business afloat Oscars prayer for the Human family 💃🕺👫 I invite you to follow me 🌞 My page🦊 First place in the world “non-profit” in sharing “Music” 🌈🎸🎤🎧🎵❤️and in the movies📽️…

Just found out the other day that the Oscars were created to pay filmmakers/actors less because hey look you're getting a performance medal no need to pay you more

No1 cares....we know what we like.

Who gives a straight fuck.

Get rid of the critics altogether and a have a pool of actors, directors and producers, etc to vote on the different awards instead. Refresh that pool at every 5 or 10 years to keep it fresh.

No they don’t

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