There are eight weeks left on the holy Hollywood awards calendar until Oscar nominations are announced, and it’s not just artists and craftspeople hunting for trophies. Momentum has been building in the auction for the TV rights to air the Academy Awards, Variety has learned through many recent conversations with sources close to the negotiations.

The Academy of Motion Picture Arts and Sciences has been seeking a new broadcast licensing agreement for the better part of 2025 – an all-important strategic partnership and revenue source that keeps the AMPAS coffers full, and the industry focused on glorifying movies for theaters as the highest art form in the town ( anything else happen today that could threaten theatrical movies?). The Academy is seeking a deal term of 5-10 years for its

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