The Oscars: Do winners get money in addition to the Academy statuette?

It is common knowledge that the Oscars are the most prestigious awards in the world of cinema, honoring the best of the year within this film industry, and whenever one of these ceremonies approaches, many fans of the seventh art begin to wonder if the winners, in addition to receiving the precious statuette, also receive money.

annually, the Academy of Motion Picture Arts and Sciences announces the nominees for its 23 categories, so it is the number of winners that there are in each ceremony of these awards, and if you are one of those who wonder if the actors and actresses who are recognized in these awards receive any cheap prizes , you should know that this is not the case.

The Academy of the Oscars is an organization with no financial incentive for the nominees and winners of this event, because these awards are meant to recognize the past year’s artistic and technical achievements within the film industry, therefore, according to the organizers, there is no money motivation behind these awards.

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Even so, winning the Oscar for any actor generates a huge boost in their career, since this ceremony also works as a great advertisement for any film, actor, director and studio within Hollywood, which in the long run translates into a higher income for Oscar winners, this is one of the reasons why this statuette is so coveted.

It is important to remember that candidates for the hollywood academy awards if they receive anything else on the night the ceremony is held, because the marketing firm Distinctive Assets gives a lot of gifts to those who participate in every viewing of these awards, a detail that has allowed the ceremony of these awards since 2003 .

How much is an Oscar statuette worth?

On the other hand, another question that usually arises a lot among fans of the seventh art when a new one Oscar ceremonyis how much value this little statuette really has, and many would think that it is a figure that has a large cost in its making, however, according to various reports, this award is said to be worth an estimated $400.

Compared to the salaries some actors receive, the real value of the Oscar statuette That doesn’t sound that high, so it all boils down to the prestige that winning one of these awards brings within the film industry, because as we’ve pointed out, becoming an actor or actress who wins this award can be life-changing for you forever. .