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Which of these films won the very first Academy Award for Best Picture in 1929? Wings, All Quiet on the Western Front, Grand Hotel, or It Happened One Night. Though it was called Outstanding Picture back then, the award went to a World War I drama called Wings.
In last night's Oscars the 92nd Academy Award Ceremony it wasn't just results that the media were watching. It was the ratings. With tens of millions of viewers, the Oscars are one of the, if not the most watched show in America that isn't a sports event. But in recent years the Academy Awards have seen a decline in TV viewership. They hit an all-time low in 2018 with 26.5 million viewers but they bounced back a bit last year when the show got 29.6 million viewers.
One thing unique about last year's show was that it didn't have a host and the Academy planned to try that again last night. We didn't have final viewership numbers when we put this show together so we don't know if the hostless approach helped but other awards shows in 2020 like the Golden Globes and the Grammys saw lower ratings. Regardless of how that played out, the business of nominating stars, movies and producers is a big one.
