How much is the Oscars costing this year?

For the primary time in 4 years, the Oscars telecast, set for this Sunday, could have a number of hosts, as actors Wanda Sykes and Regina Corridor and comic Amy Schumer cut up the distinction.

Though the pandemic hit Hollywood arduous, with income down practically 60% in comparison with pre-COVID pandemic ranges, based on WalletHub, folks can nonetheless look ahead to sure issues to remain the identical: the purple carpet, the awards and naturally, the movies.

WalletHub, forward of one of many greatest nights in Hollywood, broke down precisely what it prices to placed on the Oscars.

In whole, the 2022 Oscars will value $42.M. Every Pure gold-plated Oscar statuette, WalletHub reported, is about to be $400.

To attend the Vainness Honest Oscar occasion this yr, it’s $80,000 per couple, making it the most costly after-party on file. A-list actors can count on to pay a median of $10 million on their outfits: though this quantity varies from $1.5 million for the common attendee’s ensemble to $266,000 for a first-timer.

For Los Angeles, the Oscars are an financial boon: $130 million is the annual income the town will get from the awards ceremony. ABC will get $120 million in advert income from the awards present and $21 million is generated from the Purple Carpet present.

It’s not simply the town or tv community that advantages from the awards: the perfect actor/actress winner can count on a 60% enhance in pay.

To even get to the Oscars, it prices loads: Hollywood spends $100 million on awards-season lobbying annually, per WalletHub.