Beginning in 2024, the Academy of Motion Picture Arts and Sciences has announced changes to the requirements for films to be eligible for the best picture Oscar. These changes aim to support movie theaters and emphasize the distinction between works made for the big screen versus the small screen.
The new requirements, approved by the Academy’s board of governors, will not impact the current season’s Oscar contenders. However, in the future, after a film completes its initial qualifying run of a one-week theatrical release in one of the six U.S. qualifying cities, it must meet additional theatrical standards for best picture eligibility.
These additional requirements include an expanded theatrical run of at least seven days in 10 of the top 50 U.S. markets, no later than 45 days after the initial release in 2024. For films released later in the year with expansions after January 10, 2025, distributors must submit release plans to the Academy for verification. Furthermore, release plans for late-in-the-year films must include a planned expanded theatrical run to be completed no later than January 24, 2025.
Non-U.S. territory releases can count towards two of the 10 markets, with qualifying non-U.S. markets including the top 15 international theatrical markets plus the home territory for the film.
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While these requirements are likely to be met by most traditional Hollywood studio releases, they may have a significant impact on streamers, independent films, and overseas distributors. These types of films typically do not keep films in theaters in major cities for as long as required under the new rules. However, it is important to note that stakeholders from various sectors were consulted in the decision-making process.
According to Academy CEO Bill Kramer and Academy president Janet Yang, the decision to impose these new requirements was made after reviewing and assessing the theatrical eligibility requirements for the Oscars. The Academy hopes that this expansion of the theatrical footprint will increase the visibility of films worldwide and encourage audiences to experience the art of filmmaking in a theatrical setting. They believe that this evolution will benefit film artists and lovers alike, based on conversations with industry partners.
In summary, the Academy of Motion Picture Arts and Sciences has introduced new requirements for films to be eligible for the best picture Oscar. These requirements include a lengthier stay in theaters, expanding the theatrical run to 10 of the top 50 U.S. markets within a specific time frame. While these changes may impact smaller films and distributors, the Academy believes that it will benefit the film industry as a whole and enhance the appreciation of movies by audiences worldwide.
