Beginning in 2000, the Academy of Motion Picture Arts and Sciences limited the number of producers who could be nominated for the best picture Oscar to three. This rule was designed to prevent investors and others from receiving undeserved producer credits. (In 1999 five producers—some of whom were not considered to have done substantive work—won Oscars when Shakespeare in Love was named best picture.) The policy proved controversial, however, because many films have more than three legitimate producers. In 2007 the Academy said that “in a rare and extraordinary circumstance,” it would consider adding up to two additional producers. Under that exception, as many as five producers may be nominated—and thus share the award—when a film is named best picture.
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