What is Bill Kramer's vision for the Academy?

Bill Kramer envisions the Academy as a global organization committed to supporting filmmaking worldwide and ensuring its sustainable future.

Why is the Academy fundraising $500 million?

The Academy is fundraising $500 million to bolster its endowment, creating a financial safety net for long-term stability and survival.

Will there be an Oscar for stunt design?

Yes, the Academy is creating a new award for stunt design to recognize this integral aspect of moviemaking.

Home / Arts and Entertainment / Academy Goes Global: AMPAS Charts New Course

Academy Goes Global: AMPAS Charts New Course

2 Dec

•

Summary

Academy expands globally with nearly 25% of members now abroad.
AMPAS launches $500 million fundraising campaign for endowment.
New award for stunt design highlighted, featuring 'Anora's' fight scene.

Academy Goes Global: AMPAS Charts New Course

The Academy of Motion Picture Arts and Sciences, under CEO Bill Kramer, is actively pursuing a global expansion strategy. Kramer emphasized that AMPAS is a worldwide organization, not merely a local Hollywood entity. This global focus is crucial for the Academy's sustainable future and its role in the evolving film industry.

With international membership growing substantially, the Academy is simultaneously undertaking a $500 million fundraising campaign. Nearly half of this target has already been raised, aimed at strengthening its endowment as a protective measure against financial uncertainties, particularly those highlighted by recent global events.

In parallel, the Academy is set to introduce a new award recognizing stunt design. This initiative aims to acknowledge the critical, often understated, contributions of stunt work across all film genres, demonstrating its deep integration into modern filmmaking.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.