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Saw a news item just this week that I meant to clip and relay all the facts to this forum on the grounds that it sounded something similar to the Academy's plans to change its award system. As I remember it, the item said some TV award was going to increase the number of nominees and drop its current combo selection process by viewers plus a panel of TV industry members, and just have the general public vote the winners. The explanation given was that industry members were voting for (and awarding) primarily series and shows on cable (sort of like independent productions) and shutting out some of the most popular programs on the three main commercial stations!
Like with the movies, the most popular and profitable programs don't necessarily win awards.