- You'll have your chance to catch seven of the nine Academy Award best picture nominees on the big screen this weekend.
- The prestige of an Oscar nomination can give films an added boost at the box office, often called the "Oscar bump" or the "Oscar bounce."
- For some films, their box-office haul can double after receiving the Academy Award best picture nomination.
Didn't have the time to see "Jojo Rabbit" or "Ford v. Ferrari" yet? You'll soon get another chance.
Starting this weekend, seven of the nine Academy Award best picture nominees, announced on Monday, will be heading back to the big screen or receiving a wider release if they were currently in theaters.
The prestige of an Oscar nomination can give films an added boost the the box office, often called the "Oscar bump" or the "Oscar bounce."
This year, "Ford v. Ferrari," "Jojo Rabbit," "Joker," "Little Women," "1917," "Once Upon a Time in Hollywood" and "Parasite" will reappear at cinemas in special showcases.
Major theater chains such as AMC Theatres and Regal Cinemas showcase the best picture nominees each year, offering audiences a chance to catch the films they missed during the previous year. And smaller theaters hoping to get more customers into seats will also start showing these films again.
You will only be able to see "The Irishman" and "Marriage Story," Netflix's nominated films, on the streaming platform, though. Because these films were not given a traditional theatrical release and were not released through these major theater distributors, they will not be included in either of the theater chains' best picture showcases.
For some films, their box office haul can double after receiving the Academy Award best picture nomination, as was the case for "Green Book," "Call Me By Your Name" and "The Shape of Water." "Phantom Thread" garnered a whopping 70% of its total gross following its best picture nomination two years ago.
This could certainly be the case for "1917" and "Little Women," which were only recently released. It's likely they will make the bulk of their box-office gross following their nominations for best picture.
For others, the bump is more of a blip or is completely nonexistent. For the most part, this applies to films that were released early in the year and have already become available on demand and via DVD, Blu-Ray and digital download. This includes previous best picture nominees such as "Get Out" and "Black Panther."
"Once Upon a Time in Hollywood" will certainly follow a similar pattern, as it was released in theaters in July. "Parasite" and "Joker," too, were recently released to the home market, so some audiences may opt to purchase the films instead of a movie ticket.
The same can be said for Netflix's films. Since they will not return to theaters, Netflix will likely see a small boost in subscriptions from people who want to see "The Irishman" and "Marriage Story" before the Oscar ceremony on Feb. 9.