HomeNewsTrendsEntertainmentWhat exactly is the Golden Globe Award for Cinematic and Box Office Achievement?

What exactly is the Golden Globe Award for Cinematic and Box Office Achievement?

Golden Globes 2024 | Other nominees for the award were: John Wick: Chapter 4, Guardians of the Galaxy Vol. 3, Oppenheimer, Taylor Swift: The Eras Tour, The Super Mario Bros. Movie, Spider-Man: Across the Spider-Verse, and Mission: Impossible - Dead Reckoning Part 1. A look at the pros and cons of having a separate award for box office hits.

January 09, 2024 / 17:46 IST
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Barbie grossed over $1.4 billion at the global box office, and broke numerous records on its way there.
Barbie grossed over $1.4 billion at the global box office, and broke numerous records on its way there.

The Golden Globes gave the inaugural award for Cinematic and Box Office Achievement to Barbie. Star and producer (through her production outfit LuckyChap Entertainment) Margot Robbie accepted the award on behalf of the movie. It was already the highest grossing movie of the year. So why exactly did we need to go through the charade of selecting nominees and announcing a winner when we already have a box office ranking?

Barbie grossed over $1.4 billion at the global box office, and broke numerous records on its way there - highest grossing movie from Warner Bros, highest grossing movie by a solo female director, and many others. A movie about a doll, it was far from a sure thing when it was being made and marketed. Even its makers were surprised when it topped the box office in its opening weekend and swiftly made its way to an improbable billion. It was undoubtedly an incredible achievement, but the reward for making nearly $1.5 billion is… the $1.5 billion. You don’t need an award to mark that.

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Awards ceremonies fall into 2 categories, televised and non-televised. The non-televised ones serve their members and nominees. The televised awards have one more master beyond those first 3 - their telecast partners who are in turn looking for an audience. For over a decade now, ratings for awards shows have been declining and that affects the revenue that these awards shows can make.

The popular wisdom is that the awards have veered too far into niche and artsy movies, ignoring mainstream popular movies that the majority of people watch. It’s led to a narrative that the awards season is more of an intellectual exercise for an elite few rather than a celebration of moviegoing enjoyed by millions of people around the world. Case in point, the last time Best Picture was won by a movie that was in the top 10 box office list for that year was The Lord of the Rings: The Return of the King (2003).