A Bond Issue Pulls Back The Curtain At Hollywood’s Film Academy

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A Bond Issue Pulls Back The Curtain At Hollywood’s Film Academy
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For those who want more transparency from the Academy of Motion Picture Arts and Sciences—and that was certainly a core request in producer Michael Shamberg’s open letter to Academy leaders last we…

to Academy leaders last week—it doesn’t get any clearer than the view presented in a 178-page offering document that introduced the group’s latest bond issue about two months ago.

But the really interesting details lie behind a curtain that was drawn back in the interest of financial disclosure. That is, once you actually find the document. It resides on a Web site called “EMMA,” an acronym that stands for Electronic Municipal Market Access. A search for “Academy” will get you the Academy for Personalized Learning, but not the Academy of Motion Picture Arts and Sciences.

Active membership in the various branches is marked by wide disparity. The actors branch was the largest, with 1,316 active members at year’s end. The casting directors branch was the smallest, with just 128. Directors, executives, producers, visual effects, marketers and publicists, and sound artists all had between 500 and 600 members in their branches. But the short films and animation branch showed a bulge, with 739 active members.

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