Perhaps the most significant takeaway from this announcement is what didn’t change: best picture. The biggest category of them all still permits anywhere from five to 10 nominees, the number depending on how many films receive a certain percentage of the votes. I’d love to see a full roster of 10 nominees again, but hey, the current system is better than having only five nominees, right? For what it’s worth, there’s also this PDF about campaign regulations.
Rule changes transcribed (i.e., copied and pasted) below via Awards Daily:
The Academy’s Board of Governors approved Oscars rules and campaign regulations for the 88th Academy Awards® at their most recent Board meeting (Tuesday night, 6/23).
In the Best Picture category, to qualify as a producer nominee for a nominated picture, the producer must have been determined eligible for a Producers Guild of America (PGA) award for the picture, or must have appealed the PGA’s refusal of such eligibility. Final determination of the qualifying producer nominees for each nominated picture will be made by the Academy’s Producers Branch Executive Committee.
In the Visual Effects category, the number of eligible films that will be initially shortlisted for further consideration has increased to a maximum of 20 titles. The number of films that will be shortlisted for nominations voting remains at 10.
In the Documentary Short Subject category, the number of films that will be shortlisted for nominations voting has increased from 8 to 10 titles. Instead of a possible three, four or five nominees, the number is now set at five.
In the Animated Short Film and Live Action Short Film categories, a film qualifying via a theatrical release must now have a theater run in Los Angeles County for at least seven consecutive days with at least one screening per day. The film also must appear in the theater listings along with the appropriate dates and screening times. In both categories, the number of nominees is now set at five.
Other amendments to the rules include standard date changes and other “housekeeping” adjustments.