Tag Archives: academy awards

And the Oscar Goes to………

Yesterday was the experience of a lifetime. I was privileged to attend one of several days of pre-opening of the Academy Museum of Motion Pictures (AMMP).

But as they say in the movies, here is the backstory.

In 2005, I received a call from the museum coordinator, the only paid employee at the time, to provide a proposal for a feasibility study for a new museum. I had been involved with the feasibility/concept development for the Dolby (Academy) Theater at Hollywood and Highland several years before, so luckily I was on the radar.

When the Academy decided to finally move ahead with the century long museum planning, I got a call. “Can you help us out with the market research and financial feasibility testing of our museum? We don’t know what it is, where it is, or size, but still, can you help us? All we know is that we want it to be the boldest statement ever made on the history and effect of film!” It was the luckiest call of my life!

The director at the time was a brilliant woman, an entertainment business expert and a published fiction writer. She made the job that much more stimulating and creative! We worked with her on many teams hired (many then fired) to provide concept development, site location analysis, market research, and financial feasibility testing.

In all, we did 15 different analyses of multiple sites, configurations, sizes, square footages, models, retail, dining, and ancillary spaces within the museum. First question, “Should it be in Hollywood?” YES of course. You don’t need an expensive consultant to tell you that!

Please note, the museum is not located in Hollywood, because of about a thousand different reasons.

We first looked at the surrounding area of the Academy Library just north of Sunset and Vine, proximate to the Cinerama Dome Theater (closed for now, went out of business). In terms of the macro considerations, and what the world thinks they understand about Hollywood, that is one of the top 5 locations. And for the first five years of this process, that was the site we tested, studied, analyzed, and then amassed the real estate around the site to provide sufficient space for the new museum. This process was ongoing, before we even knew requisite square footage based on market capture, annual attendance, design day attendance and parking needed.

Remember, this is Southern California. No one is going anywhere without their car. It may be changing a bit now because of environmental concerns and traffic, but Angelenos are still in love with their vehicles.

That was the first of many sites studied because of careful planning, management by committee, and economic circumstances, (which included booms and busts, the Bernie Madoff catastrophe with lots of Hollywood money lost), and change in leadership. All in all, the museum cost over $500 million including all the planning efforts, development and hard/soft costs. Not the most expensive museum in the United States, but one of them.

Some of the planning sessions and meetings were lifechanging. I got into an argument with Jon Landis over projected attendance. I got tongue tied in a meeting with Tom Hanks.

One of the earliest concepts, which I believe I came up with in concert with the gentleman who was head of the Hollywood/Highland project, was the “Red Carpet “ or “Oscar” experience, a chance for everyday folks to experience what it is like to walk the red carpet and then win an Oscar. I came from a show business family. I was enamored with the process from the first ceremony I remember watching. It was always an event at my house, with canapés and a hush over the living room when the awards were presented! I always dreamed of going to the Academy Awards.

And my dream came true this week!

 

The Best Job I Ever Had

                

Yesterday on the ABC television network, the entire day was devoted to programming of the Academy Awards.  This is always one of the most coveted days of the year for me, having grown up in the entertainment business and living in Beverly Hills.  I love the stories and the glitz and glamour.  The dresses!!  The hair, the make-up, the shoes! 

This year is especially exciting since the Academy Museum is opening, honoring the legend and legacy of Hollywood films.  I am completely humbled and honored to have conducted the market and financial feasibility study for the museum, as it underwent many twists and turns on its road to being born.  This is a re-blog of an article I wrote in 2018 and I think it is appropriate today.

“About 16 years ago, I got a call from a perspective client, a newly hired director from the Academy of Motion Pictures Arts and Sciences, asking if I would be interested in conducting some market research for a new attraction/museum themed on the Academy Awards.  Would I?!?!  I had been the one lucky enough to do the work for the Dolby Theater at Hollywood & Highland where the ceremony takes place, so it seemed a good fit and logical that I continue on to do the museum feasibility.  But my joy, my heart, for Hollywood, no one knew that!  My family had always been in the entertainment business, with my father tangentially involved on the business side, having been a pioneer in the cable television industry.   And my aunt was always working for this or that movie star as an executive assistant.  I was lucky enough to visit the backlot of 20th Century Fox before it was Century City!  I spent countless hours watching movies being filmed, then sitting in theaters watching them roll by me on the big screen. 

Would I be interested?  Heck, yea!!

Since that time, I have been the consultant called upon to do the background market research, analysis and financial projections for the site selection, sizing and operation of museum.  I learned a thing or two during those years.  I gained a deep knowledge of large museums and what keeps them thriving; I learned how an endowment can shrink during a deflation; I learned that money earmarked to never-be-touched has a way of disappearing in hard times.  And I learned about the conundrum of keeping things fresh so that resident visitors will keep returning time and again.  I am thankful that my job always changes and that I always learn, no matter the engagement.

Over the years, we have wrestled with all the issues associated with new development including disagreements about what it should look like, what its mission should be, where it should be sited, who is its targeted audience (please don’t say everyone!), and what’s the best way to keep the project on-time and on-budget.  To be clear, these issues are complex and are made more difficult when there are many masters to serve.  Still, when the project is to reflect the points of view, hopes, dreams, and legacies of America’s most important cultural export, cinema, careful consideration must be given to each one. “

The Best Job I Ever Had

Oscar Museum 2

Ten years ago, in about 2004, I got a call from a prospective client, a newly hired director of the Academy of Motion Pictures Arts and Sciences museum project, asking if I would be interested in conducting some market research for a new attraction/museum themed on the Academy Awards.

Would I Ever!!!

I had been the one lucky enough to do the work for the Dolby Theater at Hollywood & Highland where the ceremony takes place, so it seemed a good fit and logical that I continue on to do the museum feasibility.  But my joy, my heart, for Hollywood, no one knew that!

No One Had Ever Known That:

  • My family had always been in the entertainment business, with my father involved on the business side, having been a pioneer in the cable television industry.
  • My aunt always working for this or that movie star as an executive assistant.
  • I was lucky enough to visit the back-lot of 20th Century Fox before it was Century City!
  • I spent countless hours watching movies being filmed, then sitting in theaters watching them roll by me on the big screen.

Would I be interested?  Heck, yea!!

Since that time, I have been the consultant called upon to do the background market research, analysis and financial projections for the site selection, sizing and operation of museum.

I learned a thing or two during those years like:

  • I gained a deep knowledge of large museums and what keeps them thriving.
  • How an endowment can shrink during a deflation.
  • Money earmarked to never-be-touched has a way of disappearing in hard times.
  • I learned about the conundrum of keeping things fresh so that resident visitors will keep returning, time and again.

I am thankful that my job always changes and that I always learn, no matter the engagement.

Picture of Oscar 2Over the years, we have wrestled with all the issues associated with new development including disagreements about what it should look like, what its mission should be, where it should be sited, who is its targeted audience (please, don’t say everyone!), and what’s the best way to keep the project on-time and on-budget.  To be clear, these issues are complex and are made more difficult when there are many masters to serve.  Still, when the project is to reflect the points of view, hopes, dreams, and legacies of America’s most important cultural export, (which I believe is cinema) there must be the most careful consideration to each one.

This was my best job ever.  Write and tell me about yours in the comments below.