When the Oscars Leave the Kodak Theatre?

Hey, Oscar fans: Cause of there is a strong emotional attachment for the Kodak Theatre, home of the Academy awards ceremony throughout the final decade? Because next season might be the prior to the show is held there. In line with the Hollywood Reporter, the Academy is losing hints that may leave the Kodak for the next venue after its lease expires in 2013. Whether you think this can be a positive or negative idea probably relies upon whether you are convinced that the Oscars must stay in a theater custom-created for the annual ceremony. As anyone who has covered the Oscar show two occasions only at that location, I have found the Kodak has both benefits and disadvantages just like a practical place to retain the bigger-than-existence yearly gala. Round the plus side, the venue was indeed created for the Oscars really, Oscar lore is created into its very walls, written on plaques when you use and the auditorium. The place is historic -- right over the Hollywood Walk of Fame, next door from Grauman's Chinese Theatre, and then door within the Roosevelt Hotel, where the first Oscar ceremony happened greater than 80 years back. The region is small , intimate, which is useful for the tv cameras. However, it may be not large enough. The theater seats about 3,330, meaning -- once the nominees and VIPs are requested -- about fifty percent in the 6,000 Academy membership still can't get tickets. And there's no backstage area to speak in the "backstage" interviews the truth is sometimes following a show are actually completed in conference rooms within the nearby Hollywood Renaissance Hotel. Meaning a extended walk both to and from the interviews for your individuals who win, meaning a shorter time for reporters to speak with them. Also, for that glamorous good status for that area, the Oscars continue being presently really the only major honours ceremony that occurs in the retail complex. The Kodak Theatre can be found in the middle of the Hollywood & Highland shopping complex, as well as the Oscar evening red-colored-colored carpet is alone that winds past an Auntie Anne's Pretzels together with a Hot Subject. Really, it's the ongoing discussions while using mall entrepreneurs, the CIM Group, that's at problem inside the Academy's recent announcement. THR's story doesn't mention any kind of complaints the Academy has while using current location, only the honours group's capacity to flex its muscles also to bargain for just about any better deal because careful analysis exit the lease approaches. "That is purely a business decision," THR quotes area of the Academy board of governors as saying. "The finish outcome is we'll have a look at other locations and give consideration to any or all offers. We may ultimately decide to stay where we are as possible negotiate a far greater lease. Remember, all things have happened there." In line with the trade paper, that last sentence can be a reference to the Kodak's financial problems since it changes with a world where photography is altering celluloid. (At any time when Hollywood has essentially abandoned actual film for pixels, there's some irony in moviemakers ongoing to celebrate their achievements in the theater whose title is synonymous with technology the film industry has thought about obsolete.) This content signifies that Kodak may have difficulty ongoing to cover $4 million yearly for your naming rights for the theater. One reason the Academy has leverage is always that, if there's no Oscar ceremony there, the naming rights will probably be worth a smaller amount to CIM. Where else inside the La area might the Academy gradually slowly move the show? More often than not there's the Dorothy Chandler Pavilion, where you can many an Oscar show just before the Kodak years, even though it seats less people in comparison to Kodak (a few,500). The Shrine Auditorium, which has also situated many Oscar occasions over time, seats greater than 6,000. After which it there's the Nokia Theater, not built when the Oscars moved to the Kodak. It seats 7,100. The Nokia already sharp the 'American Idol' finale within the Kodak, so there's a precedent. Wherever the show eventually eventually ends up in the couple years, the venue's size and amenities may not matter much once the show's general downward ratings trend continues. If no a person's watching the Oscars, the naming rights to whatever theater they're given out in won't be worth much. [Photos: Getty Images AFP/Getty Images] When the Oscars Leave the Kodak Theatre?YesNoWho cares? Nobody watches the Oscars anymoreVote Follow Moviefone on Twitter Like Moviefone on Facebook Follow Gary Susman on Twitter: @garysusman