THR: The Academy of Motion Picture Arts and Sciences is seriously considering a return to its former policy of having only five best picture nominees, sources tell The Hollywood Reporter. That number would be down from a maximum of 10 that are allowed by the current rules.
The potential move, which is being pushed by a significant fraction of the Academy, would be a radical shift for the 6,000-member organization and a tacit acknowledgement that its six-year-old strategy of boosting the number of best picture nominees has failed.