Clothes During The Academy Awards

While the Oscar is under the ownership of the recipient, it is essentially not on the open market. The case of Michael Todd's grandson trying to sell Todd's Oscar statuette illustrates that there are some who do not agree with this idea. When Todd's grandson attempted to sell Todd's Oscar statuette to a movie prop collector, the Academy won the legal battle by getting a permanent injunction. Although Oscar sales transactions have been successful, some buyers have subsequently returned the statuettes to the Academy, which keeps them in its treasury.
Nomination
Since 2004, Academy Award nomination results have been announced to the public in late January. Prior to that, the results were announced in early February.