The Academy Awards serve an important role in the entertainment industry because they encourage studios to make high-quality films that contend for trophies. While it might seem like a simplistic justification for giving filmmakers the authority to make projects that aren’t purely motivated by financial returns, the ecosystem of fall festivals, awards coverage, and campaign discourse does help to put a spotlight on films that would not have attracted as much attention otherwise. Although it can be frustrating when certain films are completely shut out of the conversation and the seasons last for over half the year, it does have an important function ensuring that these films are made.
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