Big Data: What’s the cost of winning an Oscar?
It’s too late to try to win an Oscar for the 91st Academy Awards, but are you hoping to win a gold statuette next year? Then that’s about how much you should be prepared to spend on your film, according to a 2018 analysis by Gameplan, the personal finance service of the British mobile provider Giffgaff.
The firm, which crunched the budgets of all the Academy Award-winning films since 2000, also found that categories like Animated Feature and Visual Effects are more expensive to win than the more prestigious awards like Lead Actor and Lead Actress. Best Picture averages out to about $46 million, according to the analysis.
Using this measure, it looks like either “Bohemian Rhapsody” or “A Star is Born” could take Sunday night’s top prize.