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Cash-Strapped Oscars To Give Out Emmys

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Cash-Strapped Oscars To Give Out Emmys

BEVERLY HILLS, CA—The Academy of Motion Picture Arts and Sciences announced Tuesday that, due to disappointing ad sales for the costly televised event, all winners at the 81st annual Oscars will receive semi-personalized Emmy statuettes. "We hope you'll still join us for the star-studded night, when we'll honor the brightest talents of the silver screen with a few refurbished Guest Actress in a Drama Series awards Sally Fields didn't collect," said Academy president Sid Ganis, who promised to save the least dented statuette for Best Picture. "Will Kate Winslet's spellbinding performance in The Reader win her television's most coveted prize? You have to tune in to find out." Ganis said he believes this and other cost-cutting measures must be taken promptly in order to prevent the Academy from defaulting on past Lifetime Achievement awards.

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