Steven Spielberg effects provided by friend George Lucas's Industrial Light & Magic company, the film would eventually become the highest-grossing film of all time (at the worldwide box office) with $914.7 million. This would be the third time that one of Spielberg's films became the highest-grossing film ever. Spielberg's next film, "Schindler's List", was based on the true story of Oskar Schindler, a man who risked his life to save 1,100 Jews from the Holocaust. "Schindler's List" earned Spielberg his first Academy Award for Best Director (it also won Best Picture). With the film a huge success at the box office, Spielberg
Oscar bait nominated for Oscars. For that reason studios plan their Oscar promotional campaigns long before the movie is even released. It has been estimated that The Weinstein Company spent $15 million on its Oscar campaign for "The King's Speech", almost as much as was spent on the Oscar campaign of Weinstein-produced 1998 Best Picture Winner "Shakespeare in Love". Actors, too, benefit at least financially from Oscar wins. Agents and managers estimate that their clients can get as much as 20% more money for their next projects if they win an Oscar or at least received a nomination. Natalie Portman was expected