Ever wondered how much the daddy of all entertainment award shows costs every year? Well, you can safely assume nothing comes from Costco. Check out these surprising tickets, along with some grocery list items from the Academy of Motion Pictures 2015 Annual Report, where an independent auditor puts a price tag on expenses such as the venue rental to the 13.5-inch tall gold statuette.
THE SPACE: The event is held at Dolby Theatre (formerly the Kodak Theatre) located at Hollywood & Highland in Los Angeles, California. The theatre is rented to the Academy of Motion Picture Arts and Sciences for weeks before the actual event, and ‘Theatre Rental’ price tag in 2015 was US$349,100 (up from US$285,000 in 2014).
THE ENVELOPES: Designer Marc Friedland debuted his Oscar envelopes and announcement cards in 2011, which cost US$200 in 2014 each and incidentally are gold and weigh 0.25 pounds. According to Mashable, Friedland’s team worked 110 hours in 2014 to create threeRead More »from Wait — the Oscars cost HOW much?!