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AMPAS Chief Bill Kramer Believes Next Oscars TV Deal Will Be “Very Lucrative” – With Or Without Disney-ABC
Academy of Motion Picture Arts and Sciences CEO Bill Kramer called Disney-ABC an "amazing partner" but said he is "confident that our next deal for the Oscars will be very lucrative" regardless of who secures the rights.
Kramer’s presence in the session illustrated the desire of the Academy to not be constrained by the challenges facing the traditional business of theatrical moviegoing or the scope of the TV rights arrangement. When the topic turned toward live experiences – a broad category encompassing everything from theme parks to sports to Twitch – Kramer pointed to a recent upswing in theatrical moviegoing in the wake of the 2023 strikes. Kramer cited Imax’s viewing parties of NBCUniversal Paris Olympics coverage as an example, and also saluted the news earlier Thursday from the National Association of Theater Owners about a $2.2 B investment by exhibitors.
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