The details regarding eligibility in this category have not been announced - and the Academy did not say when the change would take effect - but the new award's objective is clear: make sure the box office's biggest money makers have a chance to walk away with Oscars gold. "In creating this award, the Board of Governors supports broad-based consideration of excellence in all films".
The most welcome piece of news, though, is that the Academy says it will take steps to battle the show's tendency to run long - way too long, in many cases - and create a "more globally accessible, three-hour telecast".
"Look we already tried the Blockbuster Awards and they didn't work", tweeted Richard Lawson, chief film critic at Vanity Fair.More news: Tribune Media Cancels Sinclair Media's Purchase and Files Lawsuit
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A spokeswoman for the British Academy of Film and Television Arts said: "AMPAS made us aware of the decision to move their ceremony earlier in 2020".
That change is going to disappoint the unlucky (and unfamous) people who've waited their lives to win an Oscar, only to have their thunder somewhat dimmed. In order to shorten the telecast, certain awards will given out during commercial breaks with an edited version of the presentation to air later in the broadcast. In order to accomplish this, not all of the categories will be presented live. After Christopher Nolan's The Dark Knight was not included in the Best Picture category, the academy received backlash for snubbing the film.
In 1929 at the first Oscars ceremony, the Academy awarded films in two separate categories - Outstanding Picture and Unique And Artistic Picture - both considered the top awards of the night. The 2018 best picture victor, "The Shape of Water", had grossed $57.4 million in the United States by the time the awards aired and $63.9 million total. The MTV Movie Awards? By including all 24 awards in the televised ceremony, the Oscars always seemed more democratic to Rich than the Tonys or Grammys, which only present some trophies on air.
Academy board members may serve up to three consecutive three-year terms, while officers serve one-year terms, with a maximum of four consecutive years in any one office.