Oscars 2023

Graphic in black and white, featuring total cost of Oscars 2023.
Photo Credit: GGD News

Whether audience ratings go up or down, the Oscars generate more than $163 million (annually) for Los Angeles. For this year’s Academy Awards, the traditional red carpet has been replaced with a new $24,000 champagne carpet. 

The data graphic above only confirms the price tag for Oscars 2023, but you can always get more stats via Wallet Hub.  

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