Oscar Winners May Not Be a Big Hit with the Audience #Infographic

Oscar Winners May Not Be a Big Hit with the Audience #Infographic

The recent Academy Awards awarded the foreign language film, Parasite as the' Best Picture.' While foreign films have a category of their own since 1956, this is the first time that a non-English film has won the top award at the prestigious ceremony.

In addition to winning the' Best Picture ' award, Bong Joon-Ho's South Korean film also bagged the top honors for Best Direction, Best Screenplay and Best International Feature Film. The film also did pretty well financially and earned $165 million at the global box office.

That number is, however, a far cry from the figures that a traditional blockbuster can accumulate in today's date. Indeed, the highest-grossing 2020 film earned around $2.798 million worldwide, while similar trends have been seen in previous years as well.

Look at the chart below which demonstrates how a commercial success and a critically acclaimed movie don't go hand in hand. Peter Jackson's The Lord of the Rings final trilogy was the last film that saw both-success at the box office and top awards at the Oscars. At the worldwide box office the movie earned around $1.1 billion and won the' Best Picture' at the 2004 Oscars.

Oscar Winners May Not Be a Big Hit with the Audience #Infographic

infographic by: www.statista.com

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