From Roger Simon’s Oscar Live-Blogging:

Here’s the statistical rundown: Crash, with a theatrical box office of $53 million, is the lowest-grossing Oscar winner since “The Last Emperor,” going all the way back to 1987. And that’s in non-inflation adjusted numbers. The average box office for all of this year’s Best Picture nominees was the lowest since 1984. I believe history will mark this year as the beginning of the end for traditional, big-studio Hollywood. Of course, I could be wrong. Of course, some say that year transpired long ago.

George Lucas agrees, by the way. What a strange industry. In most industries, awards are given out for exceptional product performance — excellence in sales, profitability, market share, innovation, etc. Not in Hollywood. Not a single one of the most important Oscars went to a film in the top 15 in revenues.

This entry was posted on Monday, March 6th, 2006 at 11:32 am and is filed under General, MSM, art, culture, business, radical chic. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.