KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
Oscars 2021 postponed to April due to coronavirus concerns
The 2021 Oscars have been postponed until April from February due to the COVID-19 pandemic, the Academy of Motion Picture Arts and Sciences announced on Monday.
The coronavirus pandemic shut down movie theatres worldwide in mid-March and brought production of films to a halt.
The ceremony for the film industry honors will take place on April 25th, 2021, the academy, which organizes the event, said. It was originally scheduled for February 28th. The 2021 ceremony is the 93rd edition of the event.
In a new announcement, the academy also extended the deadline by which movies must be released in order to be eligible for an Oscar nomination to February 28th, 2021, from December 31st, 2020.
Academy president David Rubin and academy chief executive Dawn Hudson stated: "Our hope, in extending the eligibility period and our awards date, is to provide the flexibility film-makers need to finish and release their films without being penalized for something beyond anyone’s control."
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