Belfast Telegraph

Sunday 23 November 2014

Academy unhappy at Oscars auction

15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women are to be auctioned
15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women are to be auctioned

The Academy of Motion Picture Arts and Sciences is not pleased with plans to auction off 15 Oscar statuettes from such films as Citizen Kane, Wuthering Heights and Little Women.

But the academy said its hands are tied in blocking the Tuesday sale by Nate D Sanders Auctions in California because the statuettes were awarded prior to 1950, when a "winners agreement" was instituted banning the sale of Oscars.

"Oscars should be won, not purchased," the academy said in a statement, adding that it had no "legal means of stopping the commoditisation of these particular statuettes".

The Sanders Co expects its total Oscar inventory, which includes Herman Mankiewicz's 1941 screenplay award for Citizen Kane, to command more than £600,000.

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Your Horoscopes by Russell Grant

Sagittarius:

Expanding your horizons isn't possible right now. There are lots of mundane responsibilities that require your attention. Neglecting these duties will create enemies. People are relying on you to pull your weight. The sooner you tackle your work, the faster you will be able to enjoy some leisure time. Catching up on your reading, playing a sport or watching a movie will help you wind down. There are worse things than being held captive by a regular routine.More