You will be redirected back to your article in seconds

Last Year’s Academy Awards Cost More Than $40 Million

The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million.

The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year.

The costs encompass production of the televised ceremonies, Governors Awards, Governors Ball, staffing and various other costs including the event, though the Academy did not itemize these.

Featuring the infamous Oscar selfie, the March 2 show drew more than 45 million viewers becoming the most-watched entertainment event in over 10 years.

In total, the Academy’s assets were $534.0 million in 2014, a hefty jump from the $488.8 million of 2013. Revenues were $151.4 million, climbing from $134.3 million. The Academy’s biggest jump in assets in 2014 came from investments, $365.7 million, up from $277.7 million.

The report, compiled by PricewaterhouseCoopers, comes 24 hours before the announcement of the Oscar nominations.

More Film

  • Theater Plays Horror Film 'Hereditary' Trailer

    Movie Theater Plays Horror Film 'Hereditary' Trailer Before 'Peter Rabbit'

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • Stacey Snider Chairman and CEO 20th

    Fox Film Chief Stacey Snider Addresses Sale to Disney in Moving CinemaCon Speech

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • Paradigm's Liz Morentin portrait session in

    Liz Morentin Named Head of Communications for Paradigm Talent Agency

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • avengers infinity war

    'Avengers: Infinity War' Scores Third-Largest Fandango Pre-Sale

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • Ted Lim MGM

    MGM Hires Veteran Participant Media Executive Ted Lim

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • Rodeo Estonia Documentary

    The EFP at Hot Docs: European Docmakers Record New Cultural Shifts

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

  • ArteCareyes Ecology

    Mexico's ArteCaryes Film and Arts Festival Marries Cinema With Mother Nature

    The Academy of Motion Picture Arts & Sciences released its yearly report on Wednesday, which revealed the budget for the 2014 Oscar season: $40.8 million. The 86th annual Academy Awards, hosted by Ellen DeGeneres, posted $97.2 million in revenues, up from $93.7 million the previous year. The costs encompass production of the televised ceremonies, Governors […]

More From Our Brands

Access exclusive content