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...just change the name, from the Oscars to the Independent Spirit Awards? That was the first thought on hearing today's nominations for the Academy Awards. All five finalists for Best Picture were made independently of the big studios, and four of the five - Atonement, Juno, No Country for Old Men and There Will Be Blood - were released by the so-called indie subsidiaries of the majors. Michael Clayton is the one official studio release, and that got made only when its star, George Clooney, ever so charmingly put a gun to Warner's corporate groin, cocked the trigger...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...Each of the five films was made for $30 million or less - unheard of when the average studio project costs three times that - and Juno had a ludicrously low budget of $2.5 million. Yet that endearing/annoying (take your pick) comedy about a pregnant teenager is the one solid hit among the Big Five. The movie, which has been in wide release only since Christmas day, has already earned $87 million. None of the others has yet topped $50 million at the domestic wickets (though the Brit Atonement is in Juno's league if you count the international gross...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...Perhaps the kids in the house did vote for Away from Her, since it was directed by Sarah Polley, who turned 28 this month; Polley also got a nomination for Adapted Screenplay. A slot for Best Actress slot was filled by Juno's Ellen Page, the 20-year-old Nova Scotian, and for Supporting Actress, Saoirse Ronan, 13, as the girl whose first view of sex shocks her into a lie that outlives its victims...

Author: /time Magazine | Title: The Downsizing of Oscar | 1/22/2008 | See Source »

...Rush Hour 3) were among the highest-grossing films, how can Corliss justify suggesting that the awards go to more popular films? Discounting Ratatouille, you have to scroll way down the rankings to find anything that warrants consideration - like Charlie Wilson's War, No Country for Old Men and Juno. Moneymaking could be considered an art and a science, but I doubt that's what is meant by the Academy of Motion Picture Arts and Sciences. Christopher Bruno, Rahway, New Jersey...

Author: /time Magazine | Title: Inbox | 1/18/2008 | See Source »

...Rush Hour 3) were among the highest-grossing films, how can Corliss justify suggesting that the awards go to more popular films? Discounting Ratatouille, you have to scroll way down the rankings to find anything that warrants consideration?like Charlie Wilson's War, No Country for Old Men and Juno. Moneymaking could be considered an art and a science, but I doubt that's what is meant by the Academy of Motion Picture Arts and Sciences. Christopher Bruno, RAHWAY...

Author: /time Magazine | Title: Inbox | 1/17/2008 | See Source »

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