The Oscars will be presented February 24 at the 91st Academy Awards ceremony at the Dolby Theatre in Los Angeles, California.
Photo by Christopher Polk/Getty Images. Getty
The most coveted of Hollywood awards will be presented in just 10 days at the 91 st Academy Awards ceremony at the Dolby Theatre in Los Angeles, California.
On Sunday, February 24, golden statuettes will be handed out in 24 categories at the awards ceremony most commonly referred to as the Oscars. Hollywood is aiming for racial and gender equality and both the stars and their audiences have said enough is enough. Time’s definitely up, which has been echoed loudly with me-toos all around. This year’s list of nominees reflects this sentiment with a record number of films representing varying cultures and ethnicities and a record number of women nominees.
The show will air on ABC at 5:00 p.m. PST. and for the first time in three decades, there will be no host. The last time this happened was in 1989 at the 61 st Academy Awards.
Today, WalletHub released its 2019 Oscars Facts Report and here are some of the key findings and stats for the biggest night of the year in the movie industry:
$130 Million: This is how much Los Angeles makes in an annual economic boost from the Oscars.
$128 Million: This is how much ad revenue ABC will earn on Oscar Sunday. According to Kantar Media, last year’s total ad revenue was $149 million, making Oscar Sunday ABC’s top ad day for 2018.
$100 Million-plus: This is the amount that Hollywood spends on awards-season lobbying each year.
$44 Million: This is the total cost of the Oscars ceremony.
26.5 Million: This was the average amount of viewers that tuned into the 2018 Oscars telecast. Last year was the first time in history that the viewership dipped below 30 million.
$15 Million: This is the average increase in box office sales for a Best Picture winner.
$10 Million: This is the cost of the look for an A-list actress attending the Oscars. A relatively good deal when you consider Cate Blanchett’s 2014 attire, the most expensive thus far in Oscars history, was $18.1 million.
$2.6 Million: This is what it costs to have a 30-second commercial during the Oscars telecast, which is still a bargain when you consider it’s 50% less than the Super Bowl.
$300,000: This is how much is spent each year mailing watermarked screeners to voters.
$266,000: This is the cost for a first-timer attending the Oscars.
