The studios argue that the lost revenue means fewer artists will work to create movies or TV shows. Traditionally the films that are rewarded by Oscar voters at the Academy of Motion Picture Arts and Sciences are those that take thematic and commercial risks.
...Because Titanic, Saving Private Ryan, and Gladiator all screamed of "thematic and commercial risk."
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The studios argue that the lost revenue means fewer artists will work to create movies or TV shows. Traditionally the films that are rewarded by Oscar voters at the Academy of Motion Picture Arts and Sciences are those that take thematic and commercial risks.
...Because Titanic, Saving Private Ryan, and Gladiator all screamed of "thematic and commercial risk."