Revealing the truth behind ‘Oscar appeal’ movies

Gabriel Rossman and Oliver Schilke from University of California reveal that “the pursuit of Academy Awards, much like the pursuit of favourable regulation, is characterised by an economic structure where players make costly bids”

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On the eve of the Oscar nominations, slated to be declared on January 16, here comes a fascinating study that reveals the logic behind tough decisions studios make to get an Oscar nomination.

After analysing 25 years worth of data on mainstream cinema, two researchers have discovered that filmmakers that are likely to appeal to the Academy of Motion Picture Arts and Sciences face the same risk-and-reward structure as lobbyists who contribute to political candidates as elections are near. Read More On MSN

Revealing the truth behind 'Oscar appeal' movies by