The business of… the Oscars
With the eagerly awaited Oscar awards this Monday, Kipp takes a look at the glitzy event that’s become the movie award ceremony of the year.
February 26, 2011 12:30 by shafeer
The Oscars are given out by the Academy of Motion Picture Arts and Sciences, a body that was founded in 1927 by 36 influential people in the motion picture industry at the time.
It’s an honorary membership organization, and currently includes more than 6,000 artists and professionals.
Apart from the Annual Academy Awards, the body runs several events throughout the year including public screenings, exhibitions, panel discussions, tributes, and lectures, and it gives out grants and scholarships for media study. It also produces merchandise like posters and books.