The Oscars have been Hollywood’s most important event for over 90 years, but the glamorous awards ceremony is dying. Its criteria in choosing the Best Picture might be to blame. There is a formula to winning an Oscar, and it’s all in the statistics.
Business Insider: There’s a formula to winning the Oscars
The Oscar statuette is seen backstage during the 89th Annual Academy Awards at Hollywood & Highland Center on Feb. 26, 2017 in Hollywood, California.