13 Oscars facts ahead of the 96th Academy Awards
96th Academy Awards facts
The nominees are in, the stars are about to walk the red carpet, and we’re soon going to find out who the Oscar goes to. The 96th annual Academy Awards are slated for Monday, March 10, at 7:00 p.m. ET.
Ahead of the ceremony, brush up on your knowledge. Here are 13 Oscars facts ahead of this year’s award show according to WalletHub…
Total cost
The total cost of the Oscars is $56.9 million.
Cost of the 'look'
$10M is the average cost of the look for an A-list actress attending the Oscars.
(Literal) red carpet price
Physically running out the red carpet will run the Academy approximately $240,700.
Setting it up
Speaking of the red carpet, it takes around 18 workers approximately 600 hours to roll out 30 red carpets to put together the red carpet.
Advert cycle
Super Bowl commercials are all the craze in February. How about March’s Academy Awards ads? A 30-second spot during the Oscars costs $1.85M on average, 73% less than a Super Bowl commercial.
Looks can be deceiving
That award looks fancy… but the statuette is actually only worth an estimated value of $400.
Winning pays
When you are victorious, it pays off financially. A Best Picture winner will see an average increase of $7.8M in domestic box office sales. A Best Actor/Actress typically sees an average increase in pay of 20% in their next film.
Really goodie bags
The overall value of a goodie bag given out at the Oscars is worth $125,000.
Around the world
The Oscars is broadcasted in more than 200 countries worldwide. In total, films from 92 different countries were in consideration for the Best International Feature Film Award.
Eyeballs
In 2023, the Academy Awards brought in 19.9M viewers. That was an 8% increase from the year prior.
Get comfy
Last year’s Oscars was 217 minutes in length. The year prior in 2022, the 263-minute long show was the longest in history.
Most nominated studios
The top-five studios up for nominees:
Netflix: 18.
Apple: 13.
Searchlight Pictures: 13.
Universal 13.
Warner Brothers: 9.