Awards revenue took a sharp hit in the last fiscal year at the Academy of Motion Picture Arts and Sciences, but rebounding investment income boosted finances even as viewers turned away from the Oscar show, according to the Academy’s annual report.Awards-related revenue declined 10.8 percent, to about $117.7 million from $131.9 million, in the fiscal year ended June 30, 2020, according to the report, which was posted Saturday on the Electronic Municipal Market Access bond-monitoring Web site.The revenue decline came as viewers for the April 25 Oscar broadcast on ABC fell 56 percent, to about 10.4 million, from 23.6 million a year earlier.
Read more on deadline.com
Celebsbar.com is a large online platform sharing celebrity gossip and latest showbiz news. Exclusive interviews, fresh photos and videos, breaking news, scandals and more is waiting for you here.
Stay tuned to know everything you wish about your favorite stars 24/7.
Check our daily updates and make sure you don't miss anything about celebrities' lives.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.