Hyundai, Sprint, and J.C. Penney are a few companies taking a chance on the 84th Annual Academy Awards this year, despite the nominees for Best Picture not being blockbuster films. The movies up for Best Picture in 2011 were definitely popular in their own respect, but were smaller and arty, appealing to an older audience. This could potentially translate into less mainstream appeal, and fewer viewers tuning in, which is a negative for advertisers.
ABC’s Oscar ratings are typically contingent upon the Best Picture nominees, and audiences vary each year. A few entries this year include: The Artist, The Descendants, Hugo, Midnight in Paris, and The Tree of Life. All these films are cinematically spectacular, but cannot compare to the broad box office appeal of Avatar and Forest Gump.
There is a lot of speculation about the number of expected Oscar viewers, but advertisers can still benefit from the broadcast’s relatively large audience. Getting advertisements seen by a mass audience is becoming increasingly difficult because of stiff competition, television programs, and the long list of “other things” people could be watching or doing instead.
Strategy is important in the ad game, and Hyundai is addressing the issue by specifically targeting female viewers during the Oscars this year. Other notable Academy Award advertisers will include American Express, AT&T, MetLife, and Paramount Picutres.
Last year, The Academy of Motion Pictures Arts and Sciences chose superstars Anne Hathaway and James Franco as hosts in an attempt to gain a younger audience. Unfortunately, the socially awkward and uncomfortable duo did the opposite, and irked just about everyone watching. Luckily, the master of Oscar hosting, Billy Crystal, is on his way to save the day, due to a fall out between Eddie Murphy and Brent Ratner.
Will you be watching the Oscars this year? Leave your comments and opinions below, and don’t forget to follow us here at Oster and Associates on Twitter and become a fan of us on Facebook!






