Best Picture No Longer Eligible With Just One Week Issue – The Hollywood Reporter

Beginning in 2024, films will no longer be eligible for the Best Picture Oscar with a theatrical release of only one week in an approved city, but will require a longer stay in theaters, the Academy of Motion Picture Arts and Sciences announced Wednesday. It’s a move that seems aimed at boosting cinemas and emphasizing the difference between works made for the big and small screens.

The Academy’s board of governors earlier this month approved the new requirements, which, again, won’t affect current season’s Oscar contenders.

Upon completion of its initial qualifying run—currently defined as a one-week theatrical release in one of the six eligible U.S. cities—the film must meet the following additional theatrical criteria for best picture eligibility including an extended theatrical run of seven days, consecutive or non-consecutive , in 10 of the top 50 markets in the United States, no later than 45 days after initial release in 2024. For late-year films with expansions after January 10, 2025, distributors must submit release plans to the Academy for verification.

Release plans for late-year films must include a planned extended theatrical run, as described above, to be completed no later than January 24, 2025; Releases outside the United States can be counted in two of the ten markets; Eligible non-US markets include the top 15 international theatrical markets as well as the film’s home region.

While nearly all releases from traditional Hollywood studios will meet these requirements, they are likely to affect the plans—and pocketbooks—of banners, independent films, and overseas distributors, who typically don’t keep films in major city theaters for long. However, it is understood that stakeholders of all kinds were consulted to arrive at the new requirements.

“As we do every year, we have been reviewing and assessing the theatrical eligibility requirements for the Academy Awards,” the Academy’s CEO said Bill Kramer And the president of the academy Janet Yang he said in a statement. “In support of our mission to celebrate and honor the arts and sciences of filmmaking, we hope that this expanded theatrical footprint will increase film visibility around the world and encourage audiences to experience our art in a theatrical setting. Based on many conversations with industry partners, we feel this development benefits film artists. and movie lovers alike.”

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