Until 2023, more than 3 thousand golden statuettes named equally: “Oscar”, which translates into the same number of people or winning productions. The name was suggested by Margaret Herrick, Executive Director of the Academy of Motion Picture Arts and Scienceswho considered that the molding of the award had a resemblance to his uncle Oscar, so he has adopted that name ever since, although the official name of this ceremony is “Academy Award of Merit.”
The golden prize has a height of 34.29 centimeters and weighs 3.8 kilograms. Since its origin, the design has always been the same, the only modifications it has had are at its base. It has a 24-carat gold bath..
However, it is not expensive, its price is just one dollar and the Academy gives the winners a contract with this cost to sign, thus avoiding the sale of the award. Something that is also prohibited is that this award can appear in series, TV episodes or videos since the statuette is copyrighted, as explained by filmmaker Erik Hirschhorn.
Other gifts besides the Oscar
Among other types of gifts that include taking the Oscar, are the most ostentatious elements that contain the “prize pool” which includes a trip to Italy and Canada, land ownership in Australia and a liposculpture worth €12,000gifts that stand out for being exclusive, fun, useful and unique in the world that are given to the winners of the categories: “Best Actress”, “Best Actor” and “Best Director”, without forgetting the presenter of the gala, who this year it’s Jimmy Kimmel.
Marketing and advertising company Distinctive Asset gives the nominees a package called ‘Everyone Wins’, valued at more than $126,000 and which includes everything from cosmetic and food products, beauty treatments or even luxury stays in the best destinations around the world, a tradition established by the company based in the city of Los Angeles, California.
Despite the enormous amount of money in which the “gift bag” is valued, this year 2023 is much more austere (126,000 dollars) than in other editions, since in past years like 2022 it had a value of about 140,000 dollars and in 2020 it reached $225,000.
The cost to attend the ceremony, without being invited, is almost a mystery, in 2020 it was shown that the ticket cost 2,250 dollars, that is, the general public entrance costs about 45,000 Mexican pesos.
Something substantial in this award is the red carpet, where you can admire the style and clothes of the guests, such as the outstanding participation of Jennifer Lawrence in 2013, making history by wearing the most expensive dress that has paraded on the red carpet in the Oscars, with an approximate cost of more than 4 million euros from one of the most important firms of the LVMH company, Christian Dior.
Without leaving behind Chanel, Valentino, Gucci, Prada, Louis Vuitton, Lacroix and Armani. The length of the red carpet to admire these luxurious looks is equivalent to the height of the Picasso Tower in Madrid or going up to the second floor of the Eiffel Tower.
Jessica Paster, stylist for different celebrities such as Cate Blanchett, Miranda Kerr and Sandra Bullock, says that it is normal for a designer to pay a celebrity to wear a certain dress, since this night is to be remembered by thousands of viewers worldwide.
Note written by Erik Hirschhorn, film director.