Bill Martell re-posted an old blog post arguing persuasively to eliminate indy films from Oscar contention.
As an indy filmmaker I think it's a terrible idea but it makes sense if you're trying to get studio movies to be better*.
*Yes, I'm aware that genre indy pics are never Oscar-bait.
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My lawyer says we have to protect ourselves: note that we're constantly developing screenplays, we probably have a screenplay like what you suggest in development. Furthermore, if you suggest an idea for a screenplay you're giving us that idea.