Clayton Davis Senior Awards Editor The Academy of Motion Picture Arts and Sciences announced Monday its “most significant overhaul” of the campaign promotional regulation and awards rules for the upcoming 96th Oscars. The updated rules and regulations clarify questions surrounding social media, communications in public forums including the expansion on violations and penalties, and the review process for individuals directly associated with a film or member conduct. The substantive updates and changes are noted below: Some of the most notable changes include allowing private events and gatherings that have members, which the Academy does “not consider” FYC events. However, motion picture studios and companies are prohibited from funding, organizing, or endorsing such events.