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...Wilson who, almost three decades ago, founded the Razzies as a sarcastic and satirical counterpoint to the high-minded Academy Awards, throwing a spotlight on the worst of the worst - the movies that, however noble in intent, arrived in theaters as a waste of time and money. The awards program matches the Oscars calendar step for step. Early on Jan. 21, precisely 24 hours before the official Academy Awards nominations, the Razzies will unveil their nominees for Worst Picture, Worst Actor and Worst Actress, as well as finalists in other unconventional categories including Worst Screen Couple and Worst Prequel...

Author: /time Magazine | Title: The Razzies | 1/21/2009 | See Source »

...Pacific Time Zone. "The Oscars come on at five and are over some time around nine, and when you have that many people over, you have to have something to do, so I set up a cardboard podium and invited people to offer up nominees for the worst film of the year." The first Razzie statues were sculpted pieces of foam, and the inaugural Worst Picture award went to Allan Carr's Can't Stop the Music, a musical comedy that fictionalized the story behind the Village People. "I happened to pay 99 cents for a double feature...

Author: /time Magazine | Title: The Razzies | 1/21/2009 | See Source »

...next year (when Mommie Dearest walked away with Worst Picture), the Razzies started receiving modest mentions in the local press, as Wilson distributed press releases to newspapers across Southern California. By 1984, major newswires started running the story, and the official Golden Raspberry Awards ceremony was scheduled for the night before the Oscars. "When we moved it to the night before the Oscars it suddenly became this big deal," Wilson recalls. "Part of it is that you have all this press in town for the Oscars from all around the world, and the night before the show, they really have...

Author: /time Magazine | Title: The Razzies | 1/21/2009 | See Source »

...Some recipients have been happy to get in on the joke. Showgirls director Paul Verhoeven appeared in person to accept the award for Worst Picture of 1995. ("He sat through the entire ceremony," Wilson says, "and then got up at the end and said, 'Obviously my film has entertained you, but not in the way I intended it to.'") In 2005, Oscar-Winner Halle Berry made headlines with an overemotional parody of her Academy Awards acceptance speech while taking home the Worst Actress award for Catwoman...

Author: /time Magazine | Title: The Razzies | 1/21/2009 | See Source »

...worst business deals...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

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