Share on StockTwits
 

Perhaps the axiom is true, at least for finalists: When it comes to the Academy Awards, being nominated really is the honor. For studios, though, nominations mean dollars. And while this year’s crop of best picture nominees hasn’t experienced the sharp “Oscar bump” at the box office of years past, analysts say that’s because most of the movies already over-performed. According to Box Office Mojo all nine nominated movies remain in theaters nationwide, though they have grossed an average of just $8.3 million per film since nominees were announced Jan. 16. Compare that to last year, when the nine movies averaged a bump of nearly $36 million. The year before, the average boost was $9.6 million.

“‘Oscar Bump’ At Box Office Not Particularly Visible” is categorized as “entertainment”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.