At the 87th Academy Awards ceremony this weekend, creators from some of the fastest growing regions for audiovisual royalty collections took home the highest accolades.
At the end of the evening, Mexican director and screenwriter Alejandro Iñárritu emerged as the winner of the two most prestigious categories, Best Picture and Best Director, for the film “Birdman or (The Unexpected Virtue of Ignorance)”. Having written and directed his first pilot for Mexican television in 1995, Iñárritu went on to win awards at the BAFTAs, the Cannes Film Festival and the Golden Globes, and has been nominated by the Academy four times in the past.
The film also received the award for Best Original Screenplay and again, this went to an international team. Working with Iñárritu on the screenplay were the Argentinian writers Nicolás Giacobone and Armando Bo, as well as Alexander Dinelaris, Jr. from the USA.
In the CISAC 2015 Global Collections Report, Latin America was singled out as the fastest growing region in terms of royalty collections. Members’ earnings here leapt by 17 percent versus the previous year while audiovisual collections globally grew by nearly eight percent.