Oscar season is the time period in which Hollywood studios release their more critically acclaimed films, hoping to win at the Academy Awards. Oscar season usually begins in the fall, around November, although the date in which the summer blockbuster season ends and the Oscar season begins are ambiguous, and dependent on the year.

The Academy Awards occur every late February or early March, and films that win awards typically see a boost in sales. To take advantage of this, the studios release films they deem "Oscar worthy" in the fall, before the eligibility cut-off, so that the films remain fresh in the memories of critics and Academy members right before the Awards, increasing their chances of being nominated.

However, winning the awards does not always contribute to the financial success of a film. The Hurt Locker won the Academy Award for Best Picture in 2010, but failed commercially, grossing only $16 million in North America. The producers attributed this loss of sales to piracy.

During Oscar season, studios heavily campaign for their films to win, spending large amounts of money in an attempt to influence Academy voters. Harvey Weinstein, of Miramax, was especially notorious for his campaigning. Weinstein was alleged to have spread rumors that John Nash was antisemitic, to hurt the chances of A Beautiful Mind, which was competing for the awards with the Miramax film In the Bedroom. It was also suspected, although unproven, that Weinstein was involved with the nomination of The Reader in 2009, a film that received mixed reviews from critics.