For film producers, an Academy Award can be worth much more than its weight in gold. Based on box office sales over the past five years, winners of the Academy Award for Best Picture averaged $10.3 million in additional box office sales following their victory. In comparison, nominated films that failed to win the Oscar generated an average of $3.9 million in box office receipts following the awards, which is $6.4 million less than their winning counterparts. However, studios, producers and actors need not walk away with any Oscar hardware to achieve massive financial success. While they may not always secure the Oscar, films with relatively smaller budgets benefit from higher profit margins upon nomination. After Room was nominated for Best Picture in the 88th Academy Awards, the number of theaters screening the movie more than quadrupled, increasing from 198 theaters prior to its nomination to 862 after the announcement.
On February 27th, supervising sound editor and sound designer Richard King will receive the Motion Picture Sound Editors’ 2016 Career Achievement Award. A three-time Academy Award winner (Inception, The Dark Knight and Master and Commander: The Far Side of the World), King will join such previous sound professionals as Skip Lievsay, Randy Thom, Larry Singer, Walter Murch and George Watters II as a recipient of the MPSE’s highest honor.
Laika was honored at the Academy of Motion Picture Arts & Sciences’ Scientific & Technical Awards on Saturday, February 13 in Beverly Hills, California. Brian McLean and Martin Meunier received the Scientific and Engineering Award for Laika’s pioneering use of rapid prototyping for character animation in stop-motion film production. Laika, the animation studio located just outside Portland, Oregon, has produced three films, all of which have earned Oscar nominations for Outstanding Animated Film.
LightHouse Films director Camille de Galbert’s experimental short film Simon has to date been screened at more than 30 film festivals around the world, winning Best Film and Best Experimental at the Miami International Short Film Festival, Miami, Florida; as well as Best Experimental Film at Malibu International Short Film Festival, Malibu, California, Big Mini Media Film Festival, Brooklyn, New York and Women’s Independent Film Festival, Los Angeles, California. It also earned Best Narrative Short Film at the Blow Up Experimental Film Festival, Chicago, Illinois. In addition, LightHouse client director Charlie Mysak was named Best Emerging Director at the One Screen Film Festival (part of The One Club the world's foremost non-profit organization for the recognition and promotion of excellence in advertising) for his documentary short New Heights, which spotlights the work of the New York-based community organization of the same name and the positive role it played in the lives of three young New Yorkers.
The 30th Goya Awards presented in Madrid this month, honored Spain's best films of 2015. Mistika-related projects, post-produced by SGO customers El Colorado, Free Your Mind and Next Lab & New Media were acknowledged with four prestigious Goya Awards. Fourteen nominations also went to Antaviana Films, El Colorado and Free Your Mind.
Richard Chuang and Rahul Thakkar, co-inventors of one of the very first digital animation pipelines, received Scientific and Technical Awards from the Academy February 13 for their design work of the PDI/DreamWorks Animation Media Review System. It is Chuang’s second technical Oscar. In addition Andrew Pilgrim, Stewart Birnam and Mark Kirk also received awards for the review workflows and advanced playback features of that DreamWorks Animation Media Review System.
The Society of Motion Picture and Television Engineers has received a Special Award from the Academy of Motion Picture Arts and Sciences. AMPAS presented the Special Award plaque to SMPTE at the Academy's annual Scientific and Technical Awards presentation, which took place Februrary 13 in Beverly Hills, California.
Emmanuel Lubezki, ASC, AMC; Vanja Cernjul, ASC, HFS; Pierre Gill, CSC; Adam Arkapaw, ACS; and Mátyás Erdély, HSC earned top honors in the four competitive categories at the 30th Annual American Society of Cinematographers Awards for Outstanding Achievement.
Sound artists from Sony Pictures Entertainment are among the nominees for 2016 Motion Picture Sound Editor Golden Reel Awards and the 52nd Cinema Audio Society Awards. Sony Pictures talent are nominated in six categories of the MPSE Golden Reel Awards for work on the films Southpaw and Hotel Transylvania 2, and the television series Homeland, Saints and Strangers and True Detective. Sony Pictures talent also received eight nominations for CAS Awards for work on the film The Hateful Eight and Hotel Transylvania 2, and the television series True Detective and Silicon Valley.
Rodeo FX has won a Visual Effects Society Award for its work on season five of Game of Thrones. The award for Outstanding Created Environment in an Episode honored the studio’s creation of the city of Volantis. Rodeo FX received the award last night at the Beverly Hilton Hotel in Los Angeles and can add it to the VES Award it won last year for its work on Birdman.