The most popular man in Hollywood Sunday night is not the usual source of material for TMZ, Entertainment Tonight or similar shows. It’s a male named Oscar. Actually, that’s his nickname. What few people know is that his real name is The Academy Award of Merit.
The aging octogenarian of 83 is small even by traditionally diminutive nature of Hollywood leading men, at a diminutive 13.5 inches tall and weighing only 8½ pounds. Oscar costs just $500 – the Armani tuxedos some men will wear for the awards ceremony are ten times more expensive — but when won by either a man or a women it’s worth several million dollars in terms of earnings impact. It verges on the erotic when a winner is seen holding and fondling the little man after insipid acceptance speeches.
The Academy Awards ceremony is Hollywood’s biggest night of the year. But the film industry isn’t alone in its interest. While it doesn’t deliver quite the impact of the Super Bowl, it’s still an evening advertisers – notably including those in the auto industry – take quite seriously.