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AdvertisementThe 97th Academy Awards will be held on March 2, 2025, at the Dolby Theatre in Hollywood. Conan O'Brien will host the ceremony for the first time. The Academy Awards ceremony is Hollywood's biggest night of the year. AdvertisementAs Conan O'Brien takes up the mantle for the first time, here's a rundown of everything we know about the next ceremony. O'Brien is known as the host of various talk shows, including "Late Night with Conan O'Brien," "The Tonight Show with Conan O'Brien," and "Conan."
Persons: Conan O'Brien, Jimmy Kimmel, Cillian Murphy, Rich Polk, Bill Kramer, Janet Yang, O'Brien, Conan, NBC's Organizations: Dolby Theatre, Variety, ABC, NBC, Academy of Motion Picture Arts and Sciences Locations: Hollywood, Los Angeles
Emmy-winning late-night talk show host and podcaster Conan O'Brien will host the 97th Academy Awards, the organization behind the ceremony announced Friday. O'Brien has never hosted the Oscars, which was emceed by late-night personality Jimmy Kimmel for the last two years. The Academy of Motion Picture Arts and Sciences announced the news in a post on X early Friday. In a video, O'Brien pretends that he has just won an Oscar. I'm an Oscar host," O'Brien says in the video.
Persons: podcaster Conan O'Brien, O'Brien, Jimmy Kimmel Organizations: The Academy, Motion Picture Arts and Sciences
In a chaotic scene, mud, objects and insults were flung at the king as his entourage attempted to hold back a crowd yelling, "Murderers, murderers!" In one heated exchange, a young man told King Felipe, “It was known and nobody did anything to avoid it,” referencing a belief that the government did not do enough to warn residents of the dangers the rains would bring. King Felipe VI of Spain, center, is heckled during his visit to Paiporta on Sunday, as mud and objects were throw at him. MANAURE QUINTERO / AFP - Getty ImagesResidents called the king a murderer and told him to get out. Alberto Saiz / APVolunteers and residents sweep mud in Paiporta.
Persons: King Felipe VI, King Felipe, King Felipe VI of Spain, MANAURE QUINTERO, Luis Javier Gonzalez, Alberto Saiz, Angel Garcia, AP Alejandro Vidal, Cristina Hernandez, NBC's, Pedro Sánchez, ” Sánchez Organizations: Getty, Sunday, Associated Press, of Arts and Sciences, Sunday . Volunteers, AP Volunteers, AP, Sky Locations: Spain, Paiporta, , AFP, Valencia, Miami, Valencia’s, Valencia's, NBC's British
Online course provider Coursera has compiled the most popular free-to-access classes focused on mental health. But you don't have to audit a class at your local college or hunker down in the library to keep learning new things. Some extremely helpful online courses are available free of charge. The Science of Well-Being (Yale University)Over the course of 10 weeks, Yale's most popular class covers misconceptions about happiness and explores what you can do to experience more of it. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Coursera, Laurie Santos, enrollees, Tsang Organizations: Yale University, University of Michigan, Arts and Science, University of Toronto, The University of, McMaster University, Universiteit, Universiteit Leiden, CNBC Locations: Universiteit Leiden
In the first college admissions process since the Supreme Court struck down affirmative action last year, Asian American enrollment at the most prestigious U.S. schools paints a mixed, uneven picture. Columbia University — which, unlike the other Ivies, groups Pacific Islanders with Asian Americans — saw an increase of nine percentage points in its enrollment of Asian American applicants, while Brown saw an increase of four percentage points. It doesn’t mean that race is entirely ruled out of the admissions process, however. Poon, who is the author of “Asian American is Not a Color: Conversations about Race, Affirmative Action, and Family,” said that with race masked in the admissions process, concerns around biases are actually more prevalent. And it’s going to be difficult to determine, for example, why there were drops in Asian American enrollment at some schools as well.
Persons: , OiYan Poon, ” Poon, , Brown, St . Louis, Edward Blum, Hopi Hoekstra, ” Hoekstra, Jonathan Palumbo, Whitney Soule, Dartmouth —, John Roberts, ” Julie J, Poon Organizations: Ivy League, Yale, Princeton, Harvard, University of Illinois, Columbia University —, Pacific Islanders, MIT, Amherst College, Washington University, Conservative, Fair, NBC News, ” Harvard, of Arts and Sciences, Harvard Crimson, , University of Pennsylvania, — Cornell, Dartmouth, University of North, University of Maryland, Universities, Federal Student Aid, NBC Asian Locations: U.S, Columbia, Brown, University of Illinois Urbana, Champaign, St ., University of North Carolina, NBC Asian America
Read previewThis as-told-to essay is based on a transcribed conversation with John Morganelli Jr., a former Director of Admissions at Cornell University and the current Director of College Admissions for Ivy Tutors Network, about his experience with admission to elite colleges in the United States. If you want to get into a US college and you wait until 10th and 11th grades, you may not have enough time to create the depth in the application you're looking for. Here are my insider tips from working as the director of admissions at Cornell University. Prospective major selection can impact your chancesWhen I was the Director of College Admissions at Cornell, managing institutional priorities was my biggest job. AdvertisementWhen you apply to a university, you first apply to the college: arts and sciences, engineering, or business college.
Persons: , John Morganelli Jr Organizations: Service, Cornell University, Ivy, Network, Business, NYU, Cornell, Elite, UN, Ivy League Locations: United States
According to people involved in the making of the film, it almost didn’t happen. The Purple Rain film and album won an Academy Award and two Grammys. “I was there,” Prince told Alan Light in his book “Let’s Go Crazy: Prince and the Making of Purple Pain.” “I did it, it was my baby. “I didn’t write ‘Purple Rain.’ Someone else did and it was a story – a fictional story – and it should be perceived that way and nothing else,” he said. And that starts at the very beginning with authenticity.”The film is set to become adapted into a stage musical as well, according to Playbill.
Persons: Prince, , Apollonia . Prince, wouldn’t, Bob Cavallo, John Travolta, Albert Magnoli, , ” Magnoli, didn’t, Bobby Z, Bobby, ” Prince, Alan Light, ” “, Prince –, , Michael Jackson’s “ Organizations: CNN, Academy of Motion Picture Arts and Sciences, Warner Bros, Warner Bros ., Prince, Yahoo Entertainment, Library, Congress, Broadway Locations: Minneapolis,
It’s also possible, these scientists warn, that deep-sea mining could disrupt the way carbon is stored in the ocean, contributing to the climate crisis. A documentary about deep-sea mining that Sweetman watched in a hotel bar in São Paulo, Brazil, unleashed a breakthrough. However, several countries, including the United Kingdom and France, have expressed caution, supporting a moratorium or ban on deep-sea mining to safeguard marine ecosystems and conserve biodiversity. Earlier this month, Hawaii banned deep-sea mining in its state waters. Many unanswered questions remain about how dark oxygen is produced and what role it plays in the deep-sea ecosystem.
Persons: Andrew Sweetman, they’re, , Sweetman, , SAMS, I’ve, , Franz Geiger, ’ ”, Geiger, Charles E, Emma H, Morrison, Daniel Jones, Beth Orcutt, Orcutt, Craig Smith, Smith, Camille Bridgewater, Hawaii’s Smith, ” Geiger, Diva Amon, ” Sweetman Organizations: CNN, Clarion, Scottish Association for Marine Science, Nature, NHMDeepSea, SMARTEX, International, Authority, UN, AA, Northwestern University, Northwestern’s Weinberg College of Arts and Sciences, National Oceanography, Bigelow Laboratory, Ocean Sciences, University of Hawaii, Geological Survey, University Locations: São Paulo, Brazil, Evanston , Illinois, Southampton, England, Maine, Mānoa, Jamaica, United Kingdom, France, Hawaii, Clarion
While searching for a job, Wells landed an internship in OSU's career services department, which helped her build a specialty in the niche field of counseling job seekers. A new bifurcation in strong labor market"What we are experiencing now is a bit of a bifurcation of the labor market. Schelling says the 2024 job market for grads is strong, but focusing too much on degree attainment alone is a mistake. Some labor market experts see burdensome application requirements among the undercurrents roiling an already difficult job market for grads. In the end, he says a grad's job market's prospects will vary depending on where they are, what they are applying for, and what they want.
Persons: Sean Astin, Jenny Flora Wells, Wells, grads, Rachel Sederberg, Sederberg, Cindy Meis, Meis, Christina Schelling, Schelling, Justin Marcus, Marcus Organizations: College of Arts and Sciences, UCLA's, Ohio State University, Stonehill College, Tippie College of Business, University of Iowa, Employers, grads, Big Locations: Los Angeles
But there's no denying that a large number of people, mostly women, found Joe Arden's voice to be exceedingly hot: smooth, insistent, husky, occasionally dropping to a seductive growl. Arden's voice made him one of the most popular romance audiobook narrators of his generation. Last year, a promising new romance author reached out to Blue Nose Audio and received a reply from Joe Arden. "My working name of 'Joe Arden,' has always been just that, a professional persona that labeled my career," he added. For good measure, they dug up Cronin's abandoned trademark application for the Joe Arden moniker, first filed in 2020.
Persons: Joe Arden's, Men's, I've, Joe Arden, Joey, Arden, He's, Lauren Blakely, Vi Keeland, Meghan March, Blakely, BookTok, TikTok, Joe, Ardenmania, , BookTok influencers, who'd, Brynne Weaver, they'd, wasn't, quizzing, Arden she'd, didn't, she'd, Arden's, sexting, he'd, Angela, Aiden Snow, Julie McKay, Blue, James Patrick Cronin, Rice, Cronin, Beatrice Colen, Patrick Cronin, manny, Max Thomas, McKay, Maxine Mitchell, Sean Zanni, Patrick McMullan, Sarah J, Brittanée Nicole, Nicole, Teddy Hamilton, Hamilton, Brynne Weaver's, it's, Brittany Lowry, Kate Stewart's, Arden isn't, pant, Shane East, Paige Reisenfeld, he's, Tor, influencer, you'd, Sean Crisden, Crisden, Maas, Craig Barritt, Arden blowup, voEROS, Arden —, who've, Kathy Haan, Patreon Organizations: Men's Health, Audio Publishers Association, Society of Voice Arts and Sciences, Arden, BI, East Tennessee State University, University of Louisville, Getty, SAG, Texas, GQ, Wired, Yorker, The New York Times Magazine, Times, Publishers, TikTok, Tantor Media, The New York Times, New York Comic Con, Communications Locations: Arden, sexting, gaslighting, TikTok, Los Angeles, East, New York City, York, LA, Audm, Ghostface Gulf, masturbate, Romanceland
To keep your brain health in good shape, you should engage in physical activity as often as you can. "Physical activity is so powerful for our brain," Dr. Wendy Suzuki, neuroscientist and dean of NYU College of Arts and Science, said in an episode of a recent MasterClass series that features neuroscientists and psychiatrists sharing advice for optimal brain health. "I got pulled back into exercise from couch potato land with this amazing form of workout," Suzuki said. The front half of the name "inten" stems from the word "intention," Suzuki said. Cardio plus mantras is this neuroscientist's preferred exercise for brain healthIntenSati involves moving your body while speaking affirmations out loud, Suzuki said.
Persons: Dr, Wendy Suzuki, neuroscientists, Suzuki, It's, Patricia Moreno Organizations: NYU College of Arts and Science, intenSati, University of California Berkeley, CNBC
Comparing the timing of seismic signals as they touched the core revealed changes in core rotation over time, confirming the 70-year rotation cycle. But the depth and inaccessibility of the inner core mean that uncertainties remain, she added. The mysterious region where the liquid outer core envelops the solid inner core is especially interesting, Vidale added. “We might have volcanoes on the inner core boundary, for example, where solid and fluid are meeting and moving,” he said. Because the spinning of the inner core affects movement in the outer core, inner core rotation is thought to help power Earth’s magnetic field, though more research is required to unravel its precise role.
Persons: seismologist Inge Lehmann, , , Lauren Waszek, , ” Waszek, John Vidale, “ We’ve, ” Vidale, we’ve, what’s, Vidale, Seismologists, Lehmann, Waszek, ” Mindy Weisberger Organizations: CNN, James Cook University, Earth Sciences, University of Southern California’s Dornsife, of Letters, Arts and Sciences, Geological Survey, Scientific Locations: Australia, New Zealand, South Sandwich, South
Think of it like a "supercharged 401(k) for your brain," Suzuki said. MasterClass recently partnered with neuroscientists and psychiatrists to create classes focused on improving brain health . These are a few suggestions for improving your brain health and staying mentally sharp, from the experts featured in the MasterClass series. In order to get the most benefit for brain health, your experiences have to be new and challenging, the experts emphasized. 'Be the architect of your emotions'Practicing emotional intelligence by training your brain to create emotions more flexibly greatly benefits your brain health.
Persons: Suzuki, Wendy Suzuki, Barrett, Lisa Feldman Barrett, MasterClass, neuroscientists, haven't, it's, you've Organizations: New York University College of Arts and Science, Center for Law, Massachusetts General Hospital, CNBC Locations: Massachusetts
CNN —A lone diver first laid eyes on the ancient Kyrenia shipwreck off the north coast of Cyprus nearly 60 years ago. The authors of a new study dated almonds found aboard the Kyrenia ship to find a new estimated range of years for when the ancient vessel's last voyage took place. Dating a Hellenistic-era shipTwo main obstacles stood in the way of achieving a high-precision age estimate for the Kyrenia shipwreck, according to Manning. The Kyrenia ship's hull is seen shortly after it was raised from the seabed and reassembled. Kyrenia Ship Excavation“Part of the value of this story is about process.
Persons: CNN —, , Andreas Cariolou, Michael Katzev, , , Sturt Manning, Manning, ” Manning, you’ve, it’s, Mark Lawall, Lawall, ” Lawall Organizations: CNN, Cornell University, Northern Hemisphere, University of Manitoba Locations: Kyrenia, Cyprus, New York, Winnipeg
If, like me, you’re wondering about how to rest more, and rest better, you’re in luck. What makes for a creative life? What’s left is creative work, whether we call it “creative” or not. For instance, being a preschool teacher or a social worker or a sales rep is creative work: It requires judgment, empathy, decision making and problem solving. People who flourish in stressful, demanding jobs are ones who have good boundaries between work life and their personal lives.
Persons: Tess Taylor, CNN — It’s, you’re, Tess Taylor Adrianne, , unsustainably, Alex Soojung, Kim Pang, , Alex, Zoom, I’ve, Kim Pang Andreas Gebert, haven’t, It’s, I’m, What’s, I’d Organizations: , CNN, Research Locations: Silicon Valley, Cambridge
CNN —Columbia University says it’s placed three administrators on leave pending a university investigation of a weeks-old incident at an alumni reunion event. The university, which reiterated its commitment to combatting antisemitism, did not share any specifics for the leave. Columbia College Dean Josef Sorett said in a statement to the Spectator that he “deeply regret(s)” his role in the texts. “The Dean of Columbia College informed his team yesterday that three administrators have been placed on leave pending a university investigation of the incident that occurred at the College alumni reunion several weeks ago,” a Columbia spokesperson said in a statement to CNN. Josef Sorett, the dean of Columbia College, said in a statement provided to CNN he was cooperating with the investigation.
Persons: it’s, Columbia College Dean Josef Sorett, , , , Minouche Shafik, Shafik, Representative Virginia Foxx, ” “, ” Foxx, Josef Sorett, ” Sorett, CNN’s Matt Egan, Artemis Moshtaghian Organizations: CNN — Columbia University, Washington Free Beacon, Columbia Spectator, Columbia College, Spectator, CNN, College alumni, Columbia, “ Columbia College, Hamilton, Representative, Education, Workforce, University, Columbia College Board, Visitors, New York Times Locations: Columbia, Israel
CNN —Donald Sutherland, a veteran actor known for roles in “M*A*S*H,” “Klute” and “The Hunger Games,” has died, according to a statement from his agency CAA. “With a heavy heart, I tell you that my father, Donald Sutherland, has passed away,” Kiefer Sutherland, Donald Sutherland’s son, wrote in a post on Instagram Thursday. BeginningsBorn in Saint John, New Brunswick, Sutherland endured several bouts of ill health as a child, including polio. The 6’4” actor met his first wife, Lois Hardwick, in college, and the two married in 1959. He also discussed subtly altering his dialogue, as he put it, to “try to make the lines that I’ve been given fit my mouth.”Jeff Goldblum, Brooke Adams and Donald Sutherland in 1978's "Invasion Of The Body Snatchers."
Persons: CNN — Donald Sutherland, , , Sutherland, Donald Sutherland, ” Kiefer Sutherland, Donald Sutherland’s, J, Paul Getty, Hawkeye Pierce, Jane Fonda, Oscar, Fonda, ” Donald Sutherland, Julie Christie, Nicolas Roeg’s “, Oliver Stone’s “, ” Sutherland, Federico Fellini, “ Fellini’s Casanova, filmgoers, Lois Hardwick, Shirley Douglas, Kiefer, Rachel, Francine Racette, Hugh Grant, ” Jeff Goldblum, Brooke Adams, Max Dugan, John Grisham, Halle Berry, Patrick Wilson, Bass Reeves Organizations: CNN, CAA, , Soviet, Globes, National Lampoon, Lionsgate, Oliver Stone’s “ JFK, University of Toronto, Hollywood, United, Reuters, Academy of Motion Picture Arts, Sciences, of, Paramount Locations: Miami, Saint John , New Brunswick, London, of Canada
Is This the End for Mandatory D.E.I. Statements?
  + stars: | 2024-06-06 | by ( Jeremy W. Peters | ) www.nytimes.com   time to read: 1 min
For years, conservatives condemned the use of diversity statements by universities, which ask job applicants to detail their commitment to improving opportunities for marginalized and underrepresented groups. Critics called such statements dogmatic, coercive and, in one lawsuit seeking to end the practice in California, “a modern day loyalty oath” that recalled when professors were required to denounce the Communist Party. But the use of diversity statements continued to grow, and eventually became a requisite when applying for a teaching job at many of the country’s most selective universities. That seems to be changing. Harvard University’s Faculty of Arts and Sciences and the Massachusetts Institute of Technology have each recently announced that they will no longer require diversity statements as a part of their hiring process for faculty posts.
Persons: Critics, Organizations: Communist Party, Harvard University’s, of Arts and Sciences, Massachusetts Institute of Technology Locations: California,
5 tips to turn your anxiety into a positive force
  + stars: | 2024-06-02 | by ( Andrea Kane | ) edition.cnn.com   time to read: +6 min
Most have experienced this sort of anxiety — not clinical anxiety, which might result in a full-on panic attack, but the run-of-the-mill kind that leaves you feeling uncomfortable. She is also the author of “Good Anxiety: Harnessing the Power of the Most Misunderstood Emotion.”“The misunderstanding is that it is valuable,” Suzuki said. 1 reason to learn how to modulate that stress response.”The first step toward getting to “good” anxiety, Suzuki said, is learning how to lower your level of everyday anxiety. To enhance productivity and reduce worry, transform your anxious what-if list into a productive to-do list, Suzuki advised. “This simple act can release dopamine and improve your own mood.”We hope these five tips help you turn your anxiety into something more productive.
Persons: Sanjay Gupta, , Wendy Suzuki, , , ’ ”, Suzuki, ” Suzuki, , Deepak Chopra, Wendy Organizations: CNN, New York University, school’s College of Arts and Science
Federal graduate school loans are more expensive, too, with higher interest rates than loans for undergraduate studies. On top of that, 55% of master's degree-holders have debt from both their undergraduate and graduate studies, owing an average total of over $69,000. Similar to undergraduate degrees, science, technology, engineering and math-related master's degrees tend to lead to higher-paying salaries compared with degrees in the arts and humanities. That said, these are the 10 master's degrees with the highest average starting salaries for the class of 2022, according to the National Association of Colleges and Employers. In fact, fewer than 60% of master's degree programs deliver a positive return on investment, according to a recent study by The Foundation for Research on Equal Opportunity.
Persons: FREOPP Organizations: Bureau of Labor Statistics, National Center for Education Statistics, Federal, National Association of Colleges, Computer, Liberal, The Foundation, Research, Education's, CNBC
The Faculty of Arts and Sciences at Dartmouth College voted on Monday to censure the university’s president, Sian Leah Beilock, over her decision to summon the police to remove a pro-Palestinian encampment on campus, calling her action harmful to the community and disruptive to the university’s educational mission. The censure motion was adopted by a vote of 183 to 163, according to Justin Anderson, a spokesman for Dartmouth. The close vote illustrated the division on campus over Dr. Beilock’s decision on May 1, made just hours after the encampment had been erected on the college green. At the meeting, Dr. Beilock defended her actions, saying that she believed there was a reasonable and credible threat of violence. Monday’s vote was believed to be the first censure vote against a president of Dartmouth in its 255-year history.
Persons: Sian Leah Beilock, Justin Anderson, Beilock’s, Beilock Organizations: of Arts and Sciences, Dartmouth College, Dartmouth
The no-confidence resolution was introduced by the campus chapter of the American Association of University Professors, a professional faculty organization. The group that brought the no-confidence resolution against Dr. Shafik does not “represent many faculty and students at Columbia University,” the letter stated. On Wednesday, Dr. Shafik wrote a conciliatory note to students and published it in the school newspaper in lieu of a graduation speech. Of the 899 faculty members eligible to vote, 709 completed a ballot. There are about 4,700 full-time faculty members at Columbia, of which the Faculty of Arts and Science represents about 20 percent.
Persons: Nemat, Shafik, , ” Ben Chang, David Ahmed Ali, , Robert Newton, ” Dr, Newton, Liset Cruz Organizations: of Arts and Sciences, Columbia University, American Association of University, University Senate, Hamilton Hall, Columbia College, , Israel, Mailman, of Public Health, New School, City University of New, CUNY, New York University, Columbia, Ivy League, of Arts and Science Locations: Israel, Hamilton, Columbia, Gaza, City University of New York
The no-confidence resolution was introduced by the campus chapter of the American Association of University Professors, a professional faculty organization. Of the 709 professors who voted, 65 percent were in favor of the resolution and 29 percent were against it. Six percent abstained. The resolution particularly criticized Dr. Shafik’s decision to call the police into campus to clear a pro-Palestinian student encampment on April 18, even after the executive committee of the University Senate had unanimously told her not to do it. The resolution said that she had “falsely claimed” that the students were a “clear and present danger to the substantial functioning of the university,” arguing instead that they were peaceful.
Persons: Nemat, Shafik, Organizations: of Arts and Sciences, Columbia University, American Association of University, University Senate Locations: Israel
Columbia cited security concerns in canceling the large event, a school official told CNN, and instead is holding smaller ones. “Canceling the traditional commencement ceremony was one of the toughest calls in a year of many tough calls,” Shafik wrote in an op-ed in the Columbia Daily Spectator, noting her top priority has been the safety of students, faculty and staff. Fifty people were arrested, and police began the booking process onsite, university spokesperson Tom Vasich said in an email. Pro-Palestinian protesters had set up a campus encampment on April 29, when the university also called in local law enforcement. “This is not protest, this is pure hate.”The building’s takeover came a day after the UCB Divest Coalition agreed to end its campus encampment following discussions with university leadership.
Persons: Minouche Shafik, , Shafik “, Ben Chang, Shafik, , ” Shafik, Tom Vasich, ” Vasich, Vasich, Anna, Dan Mogulof, Nazism ”, David, Mogulof, Santiago Mejia, ” Carol Christ, Jagdeep Singh Bachher, Ana Mari Cauce, ” Cauce, David Ryder David Ryder, , Russell Dorn, Robert Manuel, ” Manuel, Manuel, , ” Benjamin Meyer, Morehouse, Joe Biden’s, David A, Thomas, CNN’s Victor Blackwell, Amanda Musa, Matt Egan, Julia Vargas Jones, Andy Rose, Chris Boyette, Melissa Alonso Organizations: CNN — Pro, Columbia University, Ivy League school’s, New York, CNN, Barnard College, American Association of University Professors, , Columbia Daily Spectator, UC Irvine, University of California, Irvine Police Department, Orange County Sheriff’s Department, Authorities, KABC, UC Berkeley, Pro, KGO, Jewish Community Relations, Nazism, UCB, UC Berkeley’s, Palestine, San Francisco, Getty, UC Regents, UC, Regents, University of Washington, Seattle, Wednesday, REUTERS, Reuters, University, ” DePaul University, Police, DePaul University in, WLS, DePaul, ” University, Coalition, ” Morehouse, Morehouse College’s, White House, White Locations: Israel, Gaza, Shafik, Columbia, Irvine, Orange, Berkeley, Merced, Seattle, DePaul University in Chicago, Atlanta
The Academy of Motion Picture Arts and Sciences on Friday announced a global $500 million fund-raising effort to help diversify its base of support and ensure its financial future in a period of transformation for the film industry and the nonprofit cultural sector. “Both are going through radical business model shifts right now due to changing audience habits and revenue streams,” Bill Kramer, the chief executive of the Academy of Motion Picture Arts and Sciences, said in an email. The academy plans to use about $300 million of the new funds to bring its endowment to $800 million; the remainder will go toward operating expenses and special projects. The academy currently has an annual operating budget of about $170 million, 70 percent of which comes from its Oscars broadcast deal with Disney and ABC, which runs through 2028. About $45 million of the operating expenses are used by the Academy Museum of Motion Pictures.
Persons: Bill Kramer, Organizations: Motion Picture Arts, Sciences, Academy of Motion Picture Arts and Sciences, Disney, ABC, Academy Museum of Motion Pictures Locations: Rome, Italian
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