Theaters were closed, big movies were postponed, and TV took over. But the 93rd Academy Awards could mark a turning point.

A hard year for Hollywood translates to a savory moment for people who indulge in Oscars schadenfreude. To those skeptics, the prestige and relevance of the Academy Awards has been in decline for a long time. Maybe 2020 came to finish the job.

Theaters were the wrong kind of dark. Would-be blockbusters, including some likely awards contenders, were wiped from the calendar. And awards telecasts got cut off at the knees by Zoom-dependent productions and the indifference of pandemic-fatigued audiences, with the most recent Emmys, Golden Globes and Grammys playing to their smallest TV viewerships ever.

The question, this trend suggests, isn’t if April 25 will bring a new bottom to Oscars viewership, but just how low it will be for the Academy of Motion Picture Arts and Sciences and ABC, which has a deal to broadcast the ceremony through 2028.

And yet, the Oscars presents a big opportunity to script the ending of this memorable chapter for the movies. Loosening Covid restrictions allow for a live, in-person affair from Los Angeles, along with hubs in London, Paris and other cities where nominees will join via satellite feed. Plus, the industry’s punch-drunk status gives producers license to reboot some aspects of the ceremony.

“We are just trying to create an experience that has the aesthetics of a film, as opposed to a TV show,” says Steven Soderbergh, the innovative filmmaker (and “Contagion” director) who is producing the telecast with Jesse Collins and Stacey Sher.

Below, some answers to the question: What’s the point?

Even before Covid, things looked bad for the Oscars.

Last year’s ceremony featured a dramatic climax, when Bong Joon Ho’s “Parasite” became the first non-English language film ever to win best picture. The show also made history for drawing the smallest U.S. audience in Oscars history, 23.6 million total viewers, according to Nielsen.

Some of the shrinkage can be blamed on the waning draw of another institution: linear broadcast television. It’s because of that erosion of traditional TV that the Academy Awards remain valuable, even in a diminished state. It’s an event telecast with a relatively big live audience that premium advertisers want to target.

Last year’s telecast (including the red carpet preshow) generated $145.4 million in advertising, up from $128 million in 2019, according to tracking firm Kantar. ABC is charging roughly the same amount for a 30-second ad as it did last year, about $2 million, according to a media buying firm. In other words, the Oscars are not getting canceled.

How can you hold the Oscars at all since barely any movies came out during the pandemic?

  1. That is how many feature-length films were eligible for Oscars, more than in any year since 1970, the Academy says. But how is that possible for an industry kept on life support by drive-in theaters showing “Jurassic Park” and “Jaws” last summer?

To ensure a stocked Oscar pool, the Academy lengthened its eligibility period by two months, and allowed films that premiered exclusively on digital platforms—and not just theaters—to join the race.

That helped documentaries especially, which typically have a harder time getting into theaters. A record high 238 documentary features were eligible this year, making up 65% of the total.

Socially distant moviegoers sit in a newly reopened AMC Theater in Burbank, Calif., in March. The Motion Picture Academy did not require a theatrical release for movies to qualify for the 2021 Academy Awards.

Some big-budget pictures have been delayed so many times that their existence seems almost mythical. By contrast, the movies now gunning for top Oscars had been in the pipeline for 2020 anyway, and can be described as long-in-the-works labors of love.

Consider “Sound of Metal,” about a musician plunged into crisis when he loses his hearing. Director Darius Marder chipped away at the project for more than a decade. Riz Ahmed, nominated for best actor in a leading role, trained in sign language and drumming for seven months before shooting began. His co-star, Paul Raci, a 73-year-old Vietnam War veteran, spent decades doing obscure and one-off acting jobs before landing the role that earned him a nomination for best supporting actor.

How many people have actually seen these movies?
The movies competing in top categories came out in theaters where they were open, but hardly any release lured people to the box office until recently. The highest-grossing nominee for best picture, “Promising Young Woman,” generated $6.3 million in U.S. ticket sales after its December release.

Because more people watched the nominees at home, it’s nearly impossible to compare their reach. Five of the eight best-picture nominees were on streaming platforms that guard their viewing data; the other three—“The Father,”“Minari” and “Promising Young Woman”—appeared on video-on-demand services, another black box for audience stats.

‘Judas and the Black Messiah,’ released on streaming site HBO Max and in theaters, had the highest name recognition among best picture nominees in a recent survey.
“Nomadland,” starring Frances McDormand as an itinerant worker living in her van, is the only one of these movies that appeared on Nielsen’s weekly ranking of most-streamed content. It’s a front-runner for best picture, and director Chloé Zhao is on a winning streak for the ages, having swept major honors from the Golden Globes to the Directors Guild Awards.

How has the pandemic changed the way you watch movies? Have you been able to see this year’s Oscar nominees? Join the conversation below.

The paradox: On-demand availability made the nominees easier to access, yet they were largely drowned out in the wash of competing content. The films’ narrow appeal was compounded by targeted marketing and, in some cases, the algorithms streaming sites use to recommend stuff to their subscribers, says Greg Durkin of the entertainment research firm Guts + Data.

In his company’s survey last weekend of 3,500 consumers ages 13 to 64, 35% hadn’t heard of any of the eight movies nominated for best picture. Of those films, Warner Bros.’ “Judas and the Black Messiah,” which opened on HBO Max and in theaters, had the highest awareness; 42% of participants knew of it, and 12% said they had watched it. On the low end, only 15% had heard of Netflix’s “Mank” (the film with the most Oscar nominations this year) and 6% had seen it.

“These individual films are very notable for specific things, but as a crop, to me it epitomizes the fragmentation of the audience,” says Linda Ong, co-founder and CEO of Cultique, which advises entertainment and media clients on cultural matters, including the relevance of award shows.

Does this mean more awards accepted over Zoom?
No. To exert more control over the look and sound of the Oscars, producers are conducting it primarily at central locations, including L.A.’s Dolby Theatre and Union Station, having learned from the weird logistics of the ‘20/’21 award season. The Emmys sent minions in comical hazmat suits to nominees’ homes to hand trophies to winners, or wave goodbye to the losers. The Golden Globes was a smorgasbord of odd environments, awkward celebrity small talk across Zoom boxes, and technical glitches (Daniel Kaluuya on mute).

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