How Money Changed America's Biggest Awards, The Oscars

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  • Опубликовано: 4 мар 2024
  • The #Oscars are the Super Bowl of #arts and #entertainment, and in more ways than one. Not only is there high viewership and great anticipation for the annual showcase of superstars, but an insane amount of #money gets spent campaigning for victory. #Bloomberg Originals takes a deep dive into what it really takes to bring home a little gold man.
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Комментарии • 71

  • @business
    @business  2 месяца назад +5

    Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptions?in_source=RUclipsOriginals
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  • @hellawolf
    @hellawolf 2 месяца назад +53

    Answer: A soul

  • @posthocprior
    @posthocprior 2 месяца назад +63

    Bloomberg should do a statistical analysis of the correlation between the amount spent and the likelihood of winning an Oscar. That is, is there a correlation between spending more and having a greater likelihood of winning an Oscar?

    • @endgamefond
      @endgamefond 2 месяца назад +8

      AGREED. I WANNA SEE THIS STUDY AS WELL.

    • @merrymachiavelli2041
      @merrymachiavelli2041 2 месяца назад +21

      The problem is, as the video mentions, a dataset of money spent doesn't exist. The big studios presumably know what they spent, but not anyone else.
      You could compare the overall budget of the film, but that'd be skewed by the cost of production (which is inevitably going to be higher for superhero films vs. biopics...etc)

    • @posthocprior
      @posthocprior 2 месяца назад +4

      @@merrymachiavelli2041 Good points. You could simply pick of one metric that all advertising budgets use (say, print advertising). Also, a standard method to compare within groups in is either to use a normalized distance metric (eg, z score) or, if this isn't possible, use the ratio of the amount spent divided by the total spent to make the film.

    • @judigemini178
      @judigemini178 2 месяца назад +2

      Wasn't that the point of covering the whole Harvey weinstein stuff? They also mentioned how secretive it all is...dude just watch the video or pay attention

    • @davidyolchuyev2905
      @davidyolchuyev2905 2 месяца назад +1

      The answer is no. Non of the superhero movies got Oscars and they got the highest expenses.

  • @hanochkurian5933
    @hanochkurian5933 2 месяца назад +34

    8:56 Love the ending😂😂

  • @roxy5588
    @roxy5588 2 месяца назад +18

    It costs millions to win a Oscar. You have to run a smart campaign that is very convincing and pitching those people to see your movie. Getting nominated is one of the biggest challenges as well.

    • @GeorgeMillerAtkinson
      @GeorgeMillerAtkinson Месяц назад +2

      This is 100% not true, this whole documentary is not true. if it was true Barbie and so many others would have won a LOT more Oscars.

  • @alimfuzzy
    @alimfuzzy 2 месяца назад +24

    A lot of actors who have been nominated have said theyve lost work because they now command more money. Not sure how that works, maybe their agents stop accepting lesser paying roles or its just perception that they need more pay and dont offer roles to rhem.
    It's a double edged sword.

  • @edum.6353
    @edum.6353 2 месяца назад +39

    the fact that this entire video is an AD to remind us that the oscars still exist is mind-blowing. I forgot about the oscars long time ago.

  • @jimysk8er
    @jimysk8er 2 месяца назад +8

    how could they possibly rationalize a single academy member voting on a movie they haven't watched. That should be the bare minimum to even have your vote count for something. You are literally voting on an artistic media. You wouldn't expect a judge in a sculpture contest to base themselves off of the pamphlet at the giftshop!

    • @roadrollerdio565
      @roadrollerdio565 2 месяца назад

      The problem is the academy is full of working professionals-writers, actors, directors, cinematographers, vfx artists, production designers, editors and so on, so unlike a jury at a festival or film critics, it is literally not their job to be watching every movie that comes out for an award that doesn't pay them to do so in their spare time. It's just impractical.

  • @mattie4149
    @mattie4149 Месяц назад +3

    I want to thank my dog Spider…that’s what I heard. 😂😂😂

  • @user-hm5wl1uh9g
    @user-hm5wl1uh9g 2 месяца назад +11

    Interesting, informative & entertaining - nice job 😊

  • @user-hz6vm7xh8m
    @user-hz6vm7xh8m 2 месяца назад +10

    Every industry has awards and they are all for sale.

  • @marcfrederic1168
    @marcfrederic1168 2 месяца назад +15

    Grammy next 😎😎, this was dope

  • @shmookins
    @shmookins 2 месяца назад +2

    What I like about such awards is they tell me about smaller productions that I didn't know about.

  • @gjd424
    @gjd424 Месяц назад +2

    “Hollywood is like high school with money” 🤣💯

  • @samrai7275
    @samrai7275 2 месяца назад +8

    RRR was a great film, still they endup spending 80+crore for oscar awards. sad reality

  • @eldios831
    @eldios831 2 месяца назад +21

    I thought all you needed was talent

    • @judigemini178
      @judigemini178 2 месяца назад +3

      😆 yeah and a "good work ethic"

    • @shmookins
      @shmookins 2 месяца назад

      And how do you pick among a pool of talent?

    • @eldios831
      @eldios831 2 месяца назад

      @@shmookins talented people in a big auditions can always shine....Lots of great theatre people that are frustrated...some grind hard to get there but few less privileged ones and less talented get there....and even when the grinding ones get there they are frustrated and get to depression levels......We know about it but its the way it is

    • @shmookins
      @shmookins 2 месяца назад

      @@eldios831 Yes. It is a tough business (getting constantly personally rejected, and being always hunting for the next job). And there are thousands of amazing actors and editors, etc. out there.
      The way I see it, is you need to get lucky by being part of a popular production. Otherwise, you won't be noticed to the masses.
      As for awards, again, how do you choose in art? Is it the people that made the most expensive movies? Or the most watched? It isn't easy picking standards for art/entertainment.
      Damned if you do, damned if you don't.
      The methods mentioned in this video are all about exposure; getting as many people to see your work.

    • @ryanortiz2648
      @ryanortiz2648 2 месяца назад

      @@eldios831No, it’s how it is now.

  • @aadirao9401
    @aadirao9401 2 месяца назад +2

    This is brilliant.

  • @andrimufid2195
    @andrimufid2195 2 месяца назад +1

    3:35 Interesting

  • @saxmanphd
    @saxmanphd 2 месяца назад +3

    What is the ROI for campaigns?

  • @SkiddosSiren
    @SkiddosSiren Месяц назад

    Do more of this on filmy business in the future

  • @Fuhnance
    @Fuhnance 2 месяца назад +12

    This whole argument is kind of proven false by the success of small movies at the Oscars. Moonlight, EEAO, The Whale, etc. All else equal, seems like small movies actually outperform the studios with huge budgets.

    • @cuffpen9803
      @cuffpen9803 2 месяца назад +6

      Really depends as there are many categories for which companies fight for from year to year. Letting some of the smaller films win within that spectrum is definitely possible as long as the companies get what they want.

    • @SteelShirt99
      @SteelShirt99 2 месяца назад

      You also have to account the constant Diversity Pandering the Academy will do to especially in the last 5-10yrs to avoid critique of Bias and White Supremacy. Not saying that Non-white movies are not deserving but the lack of huge marketing budget is made up for by this many a times, especially recently.

    • @angelsunemtoledocabllero5801
      @angelsunemtoledocabllero5801 2 месяца назад +5

      Those were small movies in terms of budget but the studios spend a lot on the Oscar marketing of those films. Sometimes a lot more than the budget. Similar case with Shakespeare in love

  • @reneeleerykers6762
    @reneeleerykers6762 2 месяца назад +3

    Oprah shafted the actresses Monique etcetera when they didn't do the advertising circuit

  • @high_maintenance
    @high_maintenance 2 месяца назад

    Mook was roasting the police he’s funny af. He lives in a nice luxury building but looks like he got into a domestic dispute and brought the property value down. Maybe he won an housing lottery.

  • @elainegoldman3413
    @elainegoldman3413 2 месяца назад +2

    Excellent take on the reality of make believe. Just the right blend of facts and a sense of humor by the writer.

  • @indianapapi
    @indianapapi 2 месяца назад +1

    Just like anything in America, it's for sale!

  • @psp785
    @psp785 2 месяца назад

    You buy it

  • @chiblackjesus
    @chiblackjesus 2 месяца назад

    Everytime I hear oscar campaigning I remember how everyone was surprised that Halle Berry won best actress coz she didn't campaign

  • @kingstonstreet3726
    @kingstonstreet3726 2 месяца назад +1

    I don’t believe in any award show

  • @tobipradasri4089
    @tobipradasri4089 2 месяца назад +1

    Emma stone has the 3 nominations and one win which she deserved but please give Glen Close an Oscar already

  • @christianaguilera1469
    @christianaguilera1469 2 месяца назад +1

    They didn't have to mention the slap. That was pathetic way of trying to seem funny.

  • @jillvalentine5706
    @jillvalentine5706 2 месяца назад +1

    Or you can you just act better and make better movies and save all that money . Everyone wins😂

  • @tashkenty
    @tashkenty 2 месяца назад

    They used money perhaps to purchase 2nd Oscar’s for Best Original Song and Best Actress this 2024

  • @user-uq2hx4lc1j
    @user-uq2hx4lc1j Месяц назад

    Senora

  • @user-uq2hx4lc1j
    @user-uq2hx4lc1j Месяц назад

    Theatre

  • @user-uq2hx4lc1j
    @user-uq2hx4lc1j Месяц назад

    MacDonald realty LLC

  • @franklinblunt69
    @franklinblunt69 2 месяца назад

    it's not really money but how employed when wasted & worse for immorality

  • @vokasimid5330
    @vokasimid5330 2 месяца назад

    That's why i stop watching

  • @electrikoptik
    @electrikoptik 2 месяца назад +5

    How to win an oscar?
    Make a woke film

    • @janechoy2073
      @janechoy2073 2 месяца назад +12

      What does "woke" mean? anything that is not white or male or straight?

    • @Mkaela90
      @Mkaela90 2 месяца назад +3

      At least it’s an industry that’s making jobs .

    • @v.dany7568
      @v.dany7568 2 месяца назад +1

      ​@janechoy2073 forcing an agenda. Movies like Little Women, american History X talk about political matters but dont force it down ur throats, so nobody calls it woke. When u change a characters race, gender just to diversify its called woke. Choose people based on their skills not based on their race or gender.

    • @RudieObias
      @RudieObias 2 месяца назад +2

      @@v.dany7568 I think you're assuming just because it's a man and he's white that he got their based on his skills and talent. And if they're there and they're a person of color or a woman (or both), they got there because it was some sort of diversity hire. 🤔

    • @v.dany7568
      @v.dany7568 2 месяца назад +1

      @RudieObias I don't. I know some people do, but it's obvious when diversity is forced. When you change the race of a historical character, it becomes very evident. Diversity is great when done right.

  • @Zwei480
    @Zwei480 2 месяца назад +4

    First, you need to be woke

    • @lexm17
      @lexm17 2 месяца назад +7

      You don’t even know what that means