\"The Hurt Locker\" earned six Oscars at the 82nd annual Academy Awards Sunday n
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"The Hurt Locker" earned six Oscars at the 82nd annual Academy Awards Sunday night, taking home the biggest prize -- best picture -- as well as honors for its director, original screenplay, sound editing, sound mixing and film editing.The small-budget movie, one of the lowest-grossing films to be nominated in the post-"Star Wars" blockbuster era, defeated its primary competition, James Cameron's "Avatar," the big-budget, highest-grossing film of all time. The groundbreaking "Avatar," with its dazzling effects and creative presentation, won three Oscars, for cinematography, visual effects and art direction.
Both films led the pack with nine nominations each.
Complete list of winners
"The Hurt Locker," a film about a bomb disposal unit in the early part of the Iraq War, developed its momentum slowly, winning notice at festivals in the latter part of 2008 before earning a national release in the summer of 2009. Despite fading quickly at the box office -- to date, it's earned just $21 million worldwide, versus more than $2.6 billion for "Avatar" -- it was remembered by critics and peers at the end of the year, winning several awards.
"Locker" director Kathryn Bigelow made history by becoming the first woman to win the directing prize. Presenter Barbra Streisand opened the envelope with, "Well, the time has come!" as a loud standing ovation and lots of shrieks greeted Bigelow's arrival on the stage.
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"There's no other way to describe it -- it's the moment of a lifetime," she said, accepting her directing prize. She dedicated her honor "to the women and men in the military who risk their lives on a daily basis... may they come home safe."
Earlier, writer and producer Mark Boal, who based the script on his reporting from Iraq, paid tribute to director Bigelow, "all of the soldiers still over there and those who have died" and to his father, who passed away a month ago, he said in his acceptance speech.
The acting awards were divided between old favorites and rising newcomers.
Sandra Bullock won best actress for her performance as a forceful mother who brings a homeless teen into her well-off family in "The Blind Side."
Bullock started her speech with jokes, paying tribute to her "lover, Meryl Streep" -- a fellow nominee -- and asking, "Did I really earn this or did I just wear you all down?" But her voice cracked with emotion as she dedicated her award to "the moms that take care of the babies and the children, no matter where they come from," and then turned her attention to her own mother, whom Bullock described as firm but supportive.
Jeff Bridges won the best actor Oscar for his performance as an alcohol-soaked country singer in "Crazy Heart."
"Thank you, Academy members!" he exulted, raising his Oscar high. "Thank you Mom and Dad for turning me on to such a groovy profession. ... They loved showbiz so much, and I feel like an extension of them. This is as much for them as it is for me."
Bridges' father was Lloyd Bridges, star of the TV show "Sea Hunt" and many movies, and his mother was actress Dorothy Bridges.
The nominated song from "Crazy Heart," "The Weary Kind," won best original song.
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Mo'Nique won the best supporting actress Oscar for her role as Mary Jones, an abusive mother in "Precious."
In a fierce and memorable acceptance speech, she thanked the Oscar voters "for showing that it can be about the performance and not the politics."
"I want to thank Miss Hattie McDaniel for enduring all that she did so I don't have to," Mo'Nique said.
McDaniel was the first African-American to win an Academy Award when she was given the best supporting actress Oscar for playing Mammy in the 1939 film "Gone with the Wind."
Mo'Nique said before the show that she was wearing a gardenia in her hair in tribute to McDaniel, because she wore one for her acceptance speech 70 years ago.
She also thanked Tyler Perry and Oprah Winfrey, who helped director Lee Daniels land a distribution deal for the movie.
"Because you touched it, the whole world saw it," Mo'Nique said.
Backstage, Mo'Nique was asked whether she still considered herself a stand-up comedian now that she is an Oscar-winning actress.
"I am a standup comedian who won an Oscar," she said.
The success of her role "was so not about my acting career," she said. "This role was about my life, to teach me not to judge."
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The story of a downtrodden inner-city teenager also pulled off a mild upset earlier, winning best adapted screenplay over perceived front-runner "Up in the Air."
"I don't know what to say," said visibly moved writer Geoffrey Fletcher, paying tribute to the filmmakers, his two brothers, his mother and father. "I thank everyone," said Fletcher, gasping emotionally.
Christoph Waltz won the first Oscar of the night, a best supporting actor award for "Inglourious Basterds."
"This is your welcoming embrace, and there's no way I can ever thank you enough," Waltz said. "But I can start right now, thank you."
"Up" won best animated feature, yet another victory for the Pixar studios, which has dominated the category since its introduction for the 2002 awards. Pixar has now won three straight animated feature Oscars and five of the nine overall. Michael Giacchino's music for the film won best score.
Best foreign language film went to "The Secret in Their Eyes," from Argentina. "The Cove" won best documentary feature.
Hosts Steve Martin and Alec Baldwin kept the ceremony moving until the big-award slowdown at the end. The two were lowered from the ceiling after an over-the-top opening number featuring a singing-and-dancing Neil Patrick Harris, and maintained a Bob Hope/Bing Crosby rhythm through much of the festivities, zinging one-liners at all and sundry.
And in a moving tribute, several stars of John Hughes movies -- including Molly Ringwald, Matthew Broderick, Jon Cryer, Judd Nelson, Ally Sheedy, Anthony Michael Hall and Macaulay Culkin -- came out to talk about the director of "The Breakfast Club" and "Ferris Bueller's Day Off," who died in 2009. Hughes' family, which was sitting in the audience, received an ovation.
Questions: Factory jobs
1)What economic role do the Oscars play?
2)What is the benefit of winning an Oscar?
3)What is special about Kathryn Bigelow's Oscar and what is its economic significance?
4)How does the institution of the Oscars influence the incentives faced by movie directors and producers?
5)Do you think the Oscars make the movie industry more efficient? Explain why or why not.
5)In what way is the news article that you found in the External Link folder similar to the Directed Link? In what way are they different?
Explanation / Answer
1) What economic role do the Oscars play?
Key economic role of any activity is to add value or welfare to the society. Oscars by recognizing and rewarding the talent of movie and movie artists, it signals the movie makers and artists the tastes and preferences of the people, by rewarding the best performance in different departments of the motion picture.
Hence Oscars (or any award) triggers the quality, performance and creativity of a performer. It gives an incentive to those who excel in their respective fields.
2) What is the benefit of winning an Oscar?
Oscar, is considered as the highest award in the filed of motion picture. It is more like bench marking the performance. When a person or a production house achieves an Oscar, its market value or brand image gets amplified.
For example, Hurt Locker, a low budget film which was produced at $15 millions, grossed $30 millions only in the sale of DVD’s; this incremental sale is after it got nominated to Oscars.
Movie was made in 2008, but restricted only to film festivals, after winning accolades and best picture with its first screening in Venice Film festival. The screening has increased and grossed 49 millions world wide till to date.
Getting an award or Oscar is more like ranking or reviewing the performance. Based on this ranking the audience will
3) What is special about Kathryn Bigelow's Oscar and what is its economic significance?
She is the first female director to win an Oscar in directorial category. Her net worth has increased to $15 millions.
This award has increased revenues to the film grossing to $49 millions world wide, where as its production cost is just $15 millions. Its rate of return on investment is whooping 3.2 times or 320%. Before winning its first award at Venice film festival, it was taken out from UK box office within a week.
Screenings and revenue increased gradually after winning several awards in different fil festivals.
4) How does the institution of the Oscars influence the incentives faced by movie directors and producers?
Oscar is a critical review and award of performance in the field of motion pictures. When a film, performer or a production house receives or gets nominated for Oscars, there will be a positive signal going to the audiences. This will increase the revenues through screening and DVD’s.
After winning an Oscar, there will be increased expectations from the audiences; this will increase the brand value and networth of the winner.
5) Do you think the Oscars make the movie industry more efficient? Explain why or why not.
Oscar is a critical review by a group of experts on the films produced in a particular year. They evaluate the original content, creativity and how best the film is entertaining.
Performance can be improved when there is a scale of measurement or a bench mark. Oscar gives this platform to the motion pictures in different categories.
Many good films which could not able to draw the attention of audiences because of low profile cast. Has generated good returns after they were been reviewed by film festivals. And Oscar is one of the highly regarded institutions, whose positive review by awarding will make fortunes to a film.
Thus, Oscar as an institution is helping industry to become more efficient by rewarding the best performance in various categories.
5) In what way is the news article that you found in the External Link folder similar to the Directed Link? In what way are they different?
directed link is not acessable....plz paste it again....
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