Showing posts with label 88th Academy Awards. Show all posts
Showing posts with label 88th Academy Awards. Show all posts
Sunday, February 28, 2016
Chris Rock confronts race row head-on at Oscars
HOLLYWOOD | Oscars host Chris Rock hit early and hard Sunday on a race row overshadowing Hollywood’s biggest night, mercilessly ribbing both the movie industry and its critics.
The comedian wasted no time raising the controversy over the 88th Academy Awards’ lack of African American acting nominees, addressing the issue from his first words and discussing virtually nothing else in his monologue.
“Hey! Well, I’m here at the Academy Awards — otherwise known as the white People’s Choice awards,” he said, after joking that the introductory montage had at least 15 black people.
Rock questioned why the 88th edition of the Oscars drew so much controversy, guessing that black nominees were similarly absent most years.
African Americans did not protest most years because they were “too busy being raped and lynched to care about who won best cinematographer,” he said.
“You know, when your grandmother’s swinging from a tree, it’s really hard to care about best documentary foreign short,” he quipped.
The energetic 51-year-old funnyman, sporting a white dinner jacket, shot down activists who urged him to boycott the Oscars in solidarity with black actors.
“They’re not going to cancel the Oscars because I quit, you know? And the last thing I need is to lose another job to Kevin Hart,” Rock said in reference to a fellow black comic, suggesting he was selected as host due to his race.
Rock enjoyed consistent applause for his monologue, even as he savaged some big names in Hollywood.
He suggested that Jada Pinkett Smith joined the boycott by African Americans because her husband, actor and rapper Will Smith, was not nominated for “Concussion.”
“Jada boycotting the Oscars is like me boycotting Rihanna’s panties,” he said, referring to the sultry singer. “I wasn’t invited.”
Yet Rock also made clear that there were true concerns for the community, pointing to the string of police killings of African Americans that have triggered the Black Lives Matter protest movement.
“This year, in the ‘In Memoriam’ package, it’s just going to be black people that were shot on their way to the movies,” he said, referring to the customary Oscars tribute to deceased cinema figures.
source: interaksyon.com
#OscarsSoWhite creator says she will not watch Oscars
NEW YORK | The creator of the #OscarsSoWhite hashtag on Twitter on Saturday said she will watch and tweet about a 1999 coming-of-age movie featuring three black actors rather than Sunday night’s showing of the Academy Awards, joining a growing list of activists and entertainers snubbing the event for its lack of diversity.
April Reign, managing editor of BroadwayBlack.com, said she will watch “The Wood,” starring Omar Epps, Richard T. Jones and Taye Diggs on Netflix on Sunday night as the Oscars show airs on ABC.
Reign, the keynote speaker on Saturday at “The #BlackTwitter Conference” at Columbia University’s Graduate School of Journalism, is credited with launching the hashtag in January after last year’s nominees best actor nominees were published.
“What I’m doing is attempting to amplify the discussion,” Reign said at Saturday’s conference, hosted by the National Association of Black Journalists. “The Academy can only nominate quality work that is made, so the onus still has to be on Hollywood to put those films out there.”
Reign said she launched the tag initially as a joke, but it quickly went viral and has become a major venue for discussing race and Hollywood.
The furor over the all-white line up of best-actor nominees prompted several big-name boycott announcements. Spike Lee, Will Smith and Jada Pinkett-Smith all said they will not attend.
Directors Ava Duvernay and Ryan Coogler, who was snubbed for a best director nomination for his Rocky sequel “Creed” even as Sylvester Stallone earned a best-supporting actor nomination, are planning to host the #JusticeForFlint benefit concert in Flint, Michigan, in support of residents suffering from its water crisis.
Business mogul Russell Simmons has partnered with Fusion to launch the first-ever “All Def Movie Awards,” which aims to celebrate diversity in film.
#BlackTwitter16, the tag associated with Saturday’s conference at Columbia, was among the top-trending hashtags on Twitter.
“Black Twitter has gone from being seen as these frivolous conversations that black people are having at night,” said Sherri Williams, a post-doctoral fellow and professor at Wake Forest University who was among the panelist at the conference. “Now it’s an entity that people are taking seriously.”
source: interaksyon.com
Saturday, February 27, 2016
Fox shares could get rare Oscars season boost
NEW YORK | Shares of 21st Century Fox — owner of the 20th Century Fox film studio and Fox television network — could be set for a rare Oscar rally if the global media conglomerate takes home gold at this Sunday’s Academy Awards ceremony.
The Oscars, which draws some of the biggest audiences of any single annual television event, typically have little effect on share prices of big publicly traded companies with movies in the running, analysts said.
“Normally it’s not terrifically meaningful for stocks, but here and there you can get situations where it matters a little,” FBR Capital Markets analyst Barton Crockett said. This time, it could matter to Fox, Crockett said.
That is partly because Fox fielded movies that not only fared well at other awards ceremonies but also at the box office, in a change from the last two years, Crockett said.
Fox led studios this year with a total of 26 Oscar nods, including 12 for best picture-nominated revenge drama, “The Revenant.” Other Fox films with nominations in top categories include “Brooklyn” and “The Martian.”
Filmed entertainment accounted for nearly a third of total second-quarter revenue at Fox, which also runs cable, television and other entertainment operations.
“The Revenant,” starring Leonardo DiCaprio as a bear-mauled and ice-battered explorer, blew away initial expectations and has grossed $383.6 million worldwide since opening in late December.
The movie, with a $135 million budget, is still in theaters, a big factor in how much a company will gain when its film is nominated for or wins an Oscar, said BofA Merrill Lynch analyst Jessica Reif Cohen.
An Academy award nomination or win could extend the time a movie is shown in theaters, boosting a film’s box office proceeds.
“If DiCaprio wins … it could be a significant boost,” Cohen said.
A nomination or win also increases profit over the longer term by increasing movie rentals, DVD purchases and on-demand cable contracts, she said.
Shares of Fox gained nearly 4.5 percent on Jan. 14 after Oscar nominations were announced, but are little changed so far this year compared with a 4.4 percent decline for the broader Standard & Poor’s 500 stock index. In 2015 Fox shares fell 26 percent.
source: interaksyon.com
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