Posted by Nick E. on August 9, 2018, 8:29 am, in reply to "DUMB
I actually don't entirely hate the idea, because it might have the effect of making the average big-budget movie better if they're aiming for this award. They could just entirely separate out films into two budget categories and give a best picture for each. But in practice it will probably be dumb.
Actually, on further thought, I don't like the Oscars and think they're taken too seriously, so this is a good development since it will dilute the value of a "best picture" designation.