The Academy needs to create new revenue streams that do not rely on the Oscars show, but it also needs to bring the Oscars to a position of “power, honorability and importance,” Academy leaders told the organization’s membership in an all-members meeting on Saturday.The meeting, led by new Academy CEO Bill Kramer and new president Janet Yang, took place in the Academy Museum of Motion Pictures and was available to be attended virtually by members not in Los Angeles.In some ways, the gathering was reminiscent of the all-members meeting held by then-president Hawk Koch and CEO Dawn Hudson in May, 2013, which took place simultaneously in Los Angeles, New York and San Francisco.
At that point, the Academy consisted of about 6,000 members and was predominantly white and male; the #OscarsSoWhite protests had yet to push the organization to become more diverse, while the Academy Museum was in the planning stages.This year’s meeting came at a time when the Academy has expanded to 10,627 members, more than doubling the number of women and people of color and including a very large international contingent.
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