Oscars’ ratings sink to record lows; Chinese military members charged in Equifax data breach
Morning Business Outlook: Ratings for the 92nd Academy Awards hit all-time low with 23.6 million viewers, down about 6 million viewers last year; four members of the Chinese military charged with the massive 2017 Equifax data breach.
For the fourth time in its history, the Oscars are being postponed. The Academy of Motion Picture Arts and Sciences and the ABC Television Network said Monday that the 93rd Academy Awards will now be held April 25, 2021, eight weeks later than originally planned because of the pandemic’s effects on the movie industry.
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The Academy’s Board of Governors also decided to extend the eligibility window beyond the calendar year to Feb. 28, 2021, for feature films and delay the opening of the Academy Museum of Motion Pictures from December until April 30, 2021.
OSCARS TO SET BEST PICTURE NOMS AT 10, INCLUSION STANDARDS
“Our hope, in extending the eligibility period and our Awards date, is to provide the flexibility filmmakers need to finish and release their films without being penalized for something beyond anyone’s control,” said Academy President David Rubin and Academy CEO Dawn Hudson in a joint statement.