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November 03, 2005
20 Weeks - Why We Award
"But these events are just as interested in finding the spotlight as the trades and TV networks are interested in providing one. Most groups use these year-end awards events as their primary way of raising funds. Studios buy tables for the events at which they are being honored, which pays for the event and pumps up the operating budget for most groups. Some groups find creative ways to spend the overage, as LAFCA did last year by funding and fronting a showing of films that they felt had been overlooked at the American Cinematheque. HFPA makes so much money from NBC's rights purchase for the Golden Globes that they both make charitable donations and sponsor every member of the group on a maximum of three fully paid trips to film festivals anywhere on the globe each year."
More... & space for you to comment
Posted by poland at November 3, 2005 10:31 AM