Oscars 2026: The big business behind the Academy Awards red carpet, where fashion meets marketing

The allure of dazzling gowns and the allure of celebrity converge in a spectacular display as the streets near the Dolby Theatre evolve into a grand catwalk for the Oscars.

However, the red carpet is more than a mere photographic moment or a fashion statement.

“It’s one of the most significant marketing platforms available,” explained Liza Soluti, co-founder and chief communications officer of Shadow.

This promotional effort kicks off well in advance, long before the first Louboutin graces the red carpet.

“There are numerous contracts parading up and down that red carpet,” noted industry expert Joe Zee.

Zee and Soluti emphasize that the red carpet supports a vast industry that remains largely unseen by the general public.

“It’s become a real business opportunity for brands,” Soluti said.

According to Zee, a dress walking down the red carpet could be worth anywhere from $150,000 to $0.5 million.

So, where does an Oscar look even begin? Well, it all depends.

“You are contracted to wear ‘x’ on the carpet, and the celebrity will be paid ‘x’ amount of money,” Zee said.

Soluti adds that talent is spending a ton of time meeting with their teams to dream up different looks.

“So there is this whole kind of dream being built, you know, around this one person that’s going to step out on the red carpet and create a lot of conversation and momentum.

Momentum that can be turned into money, big money, for more than just the stars and their designers, but that’s wasn’t always the case.

“Designers, you know in Paris, London and Milan really felt this was very low class to dress celebrities on the red carpet,” Zee said.

“It wasn’t until 1997, when Nicole Kidman stepped out on the red carpet wearing Galliano for Dior runway look.”

That was the first time a runway look was actually worn on the red carpet. The payoff was enormous.

“That changed the game,” Zee said.

“Designers in Europe start to break down and say, look at what the business capabilities of this could be. After that, everything exploded.”

That explosion was just the beginning.

“Social media honestly played the biggest role in transforming the impact that the Oscars can have,” Soluti said.

Last year alone, the Oscars generated over $1 billion worth of impressions just from social media alone.

“Talent wears it on the carpet, think about the headlines you’re generating. They’re going to seek out the make-up artist,” Soluti said. “You’ve got billions of posts about it where people are dissecting their looks and the photos and the moments.”

So, when the red carpet cameras start flashing on Sunday, it’s the culmination of big business and a moment etched in time that will live on long after the Oscar stage goes dark.

Don’t miss Hollywood’s biggest night: The Oscars on ABC!

Our live Oscar pre-show, “On The Red Carpet at the Oscars,” begins at 3:30 p.m. ET/12:30 p.m. PT and will feature live interviews with the nominees, red carpet fashion analysis and more!Watch the 98th Academy Awards, hosted by Conan O’Brien, on March 15 at 7 p.m. ET/4 p.m. PT on ABC and Hulu, followed by “The Bachelorette: Before the First Rose.”Check your local listings or stream on Hulu and OnTheRedCarpet.com.

Copyright © 2026 OnTheRedCarpet.com. All Rights Reserved.

You May Also Like
Teen accused of killing stepsister on Carnival cruise ship ordered detained before murder trial

Teen Held Before Trial in Carnival Cruise Ship Stepsister Murder Case

A teenage boy accused of killing 18-year-old Anna Kepner on a Carnival…
Three children shot near public pool in small Arkansas town, suspect taken into custody

Arkansas Pool Shooting: 3 Children Shot Near Public Pool, Suspect in Custody

Gunfire erupted near a public pool in Stuttgart, Arkansas, over the weekend,…
California woman, 30, vanishes on Costa Rica hike during flash flooding and mudslides

California Woman, 30, Missing After Costa Rica Hike Amid Flash Flooding and Mudslides

A California woman remains missing in Costa Rica after severe weather triggered…
California Gov. Gavin Newsom says Justice Department is investigating him and his wife

Newsom Says Justice Department Is Investigating Him and California First Partner Jennifer Siebel Newsom

Washington — California Gov. Gavin Newsom said Monday that he and his…
'Spider-Man of Yemen' Al-Qaqa Ibn Antar dies in fall while climbing the Hardah Dam volcanic crater

Yemen’s ‘Spider-Man’ Al-Qaqa Ibn Antar Dies After Fall While Climbing Hardah Dam Volcanic Crater

CAIRO — A Yemeni thrill-seeker widely known as “The Spider-Man of Yemen”…
Again? Senator Mitch McConnell Back in Hospital With Mystery Ailment

Mitch McConnell Hospitalized Again as Unspecified Health Issue Sparks Renewed Concern

Sen. Mitch McConnell (R-Ky.) was taken to the hospital Sunday after experiencing…
Austin Metcalf's father rips former Frisco schools chief as 'spineless' over Karmelo Anthony graduation

Austin Metcalf’s Father Slams Ex-Frisco ISD Superintendent as ‘Spineless’ Over Karmelo Anthony Graduation Controversy

Karmelo Anthony supporters make ‘disgusting’ comments about murder victim after verdict Fox…
Chicago weather: NWS confirms up to 17 tornadoes hit Illinois, Indiana last Thursday

NWS Confirms as Many as 17 Tornadoes Struck Illinois and Indiana Last Thursday

CALUMET CITY, Ill. (WLS) — The National Weather Service has verified that…
Missouri skydiving plane crash that killed all 12 aboard is a 'devastating loss,' company says

Missouri Skydiving Plane Crash Kills 12; Company Calls It a “Devastating Loss”

Skydive Kansas City, the company linked to the Missouri plane crash that…
America's wounded, struggling veterans get brand-new homes built by Florida teens

Florida Teens Build New Homes for Wounded Veterans in Need

Young people in Florida are stepping up to support those who have…
National Guardsman Natravien Landry pleads guilty to fatal shooting of soldier he found in bed with his ex-girlfriend

National Guardsman Natravien Landry Pleads Guilty in Fatal Shooting of Soldier Found With Ex-Girlfriend

A former U.S. Army National Guard soldier has admitted to fatally shooting…
Ivy League student investigated after alleged antisemitic internship rejection: 'Not working for a Jew'

Ivy League Student Under Investigation Over Alleged Antisemitic Remark in Internship Rejection

Cornell student’s antisemitic message for Jewish-owned startup sparks outrage Cornell University is…