2020 Academy Awards: What’s the scoop?
The 2018 Academy Awards are a show of hands for the big bucks.
A win for the Academy of Motion Picture Arts and Sciences would give Disney a $6.3 billion payday, and would make it the second-largest studio behind Sony Pictures Entertainment with a total of $4.5 billion.
The 2016 awards were Disney’s first since the acquisition of the studio in 2000.
But a win for Disney would be a huge coup for the studio, which is facing competition from Universal and Warner Bros. in a crowded market.
Its first Academy Awards win came in 1998 when it won Best Picture for “Cars 3.”
The show was an unexpected hit for Disney, which made the movie for just $500,000.
It was the second Academy Award win for Pixar, which won Best Original Screenplay for “Up.”
The film also was the first Pixar movie to win an Oscar.
Pixar has been able to sell movies to a wide audience with its Pixar-produced features, including “Finding Dory,” “Monsters University,” “Inside Out” and “Finding Nemo.”
It has also been a force in the box office, opening more than $1 billion domestically and making more than 300 million worldwide.
For Disney, the win would give the studio a huge payday.
Disney has more than 40 films in production and another 25 in the works.
To make sure it has a chance at an Oscar win, Disney must sell more than two movies a day, the first time it has done so in more than a decade.
It will be up to Pixar and Disney Animation Studios, which are the two main studios that produce the studio’s films, to do that.
Disney said it plans to spend $150 million on marketing the film.
The Academy also will be watching closely.
“We will see if it is a strong and successful bid for the 2020 Academy Award,” said John Schulte, chief executive of the Motion Picture Association of America.
“That is not something that is easy.”
The 2019 Academy Awards will be held on Feb. 18 in Los Angeles.
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