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The Oscars Are Over?
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08/16/23
In
Investing
We discuss the potential impact of the ongoing writer's and actor's strikes on the upcoming Oscars. We speculate on the absence of certain elements if the strikes continue and address the declining viewership and potential financial loss for the Academy and ABC. We suggest that the strikes could present an opportunity for the Academy to address issues and make improvements. The Academy could face a $100 million loss and potential lawsuits if the broadcast is canceled. We also discuss the current strike and explores the possibility of holding the ceremony without WGA and SAG members.
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