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Slideshow Follow Reuters Facebook Twitter RSS YouTube Read 2012 Oscars: Complete List of Winners 12:00am EST Oscars 2012: 'The Artist' and 'Hugo' Tie for 5 Awards, But Silent Film Wins Best Picture 12:35am EST Iran wins first Oscar with "A Separation" 1:41am EST Nine killed in Afghan airport bomb, NATO base attacked | 1:54am EST Top China paper criticizes Clinton over Syria 26 Feb 2012 Discussed 111 Afghans begin second day protest at Koran burning 97 Analysis: Can United States defuse Koran burning uproar? 96 Taliban urge Afghans to attacks Westerners Watched Sacha Baron Cohen gets a warning from Oscar Fri, Feb 24 2012 Video shows exact moment of train crash in Argentina Thu, Feb 23 2012 Brad Pitt and Angelina Jolie on the Red Carpet Sun, Feb 26 2012 Weinsteins win big on Oscar night with 'Artist' Tweet Share this Email Print Factbox Factbox: List of Oscar winners Sun, Feb 26 2012 Related News Jean Dujardin wins best actor Oscar for 'The Artist' 2:24am EST Michel Hazanavicius wins directing Oscar for "The Artist" 2:00am EST "Rango" wins Oscar for best animated feature film 1:26am EST Oscars aim for surprises to spice up show Sun, Feb 26 2012 Analysis & Opinion Adele’s ‘stock’ hits new 52-week high after Grammy boost Denzel Washington’s ‘Safe House’ grabs box office crown Related Topics Entertainment » Fashion » Film » People » Harvey Weinstein of The Weinstein Company arrives at the 84th Academy Awards in Hollywood, California, February 26, 2012. Credit: Reuters/Lucy Nicholson By Lisa Richwine LOS ANGELES | Mon Feb 27, 2012 2:34am EST LOS ANGELES (Reuters) - Oscar gold shined again on independent film mogul Harvey Weinstein, whose studio took home eight Academy Awards including best picture honors for "The Artist" on Sunday. The New York-based Weinstein Co triumphed over the deep-pocketed major studios with wins for "The Artist," "The Iron Lady" and documentary "Undefeated." Viacom Inc's Paramount Pictures was second among the studios with six awards for "Hugo" and "Rango." Studios mount months-long, multi-million dollar campaigns for Oscar wins to earn prestige and jumpstart ticket or DVD sales for their films. Some experts estimate a win can boost sales by as much as a third. The studio led by Bob and Harvey Weinstein went into the night with 16 nominations. "The Artist" won awards for best picture, actor, director, costume design and original score. "The Iron Lady" took home trophies for Meryl Streep's portrayal of former British prime minister Margaret Thatcher and for makeup. "Undefeated," an inspiring story about a struggling high school football team in a poor Memphis neighborhood, won the award for best documentary feature. "Artist" producer Thomas Langmann, speaking to reporters backstage, credited Harvey Weinstein for embracing the black-and-white silent film. "I could tell that he really cared and he believed that we could maybe be here today. I think he's the only distributor, even with this special movie, that could take it to where it is today," Langmann said. The Weinstein Co had a big hit in last year's Oscar best picture, "The King's Speech," which grossed $135.4 million theatrically but have not done nearly as well since then. "The Artist" has grossed $31.9 million in the United States and Canada, where the company has distribution rights. The studio is likely to expand the movie to more theaters in the coming weeks to capitalize on its Oscar wins. Last year, "The King's Speech" saw ticket sales increase by 21 percent after winning the award, according to website IMDB. The Weinstein Co. has had less than stellar results with "Iron Lady," which has grossed $25.7 million in North America (United States and Canada) or drama "My Week with Marilyn," which had generated only $14 million. Weinstein could use a big hit. With debts mounting in 2010, it was forced to sell its 200-film library to Goldman Sachs in return for $50 million, and in 2009 received a $75 million bridge loan from Ziff Brothers. Last week, the Weinsteins paid off the debt with a $150 million loan but still are said to be looking for a $200 million production loan, a person familiar with the matter said. A Weinstein Co. spokeswoman, reached on Sunday evening, said the company could not comment about the company's financing during the awards show. Paramount's six wins included five technical awards for "Hugo" and a win for best animated feature, "Rango." Ahead of the ceremony, Sony Pictures ranked as the leading studio with 21 nominations for movies such as thriller "The Girl with the Dragon Tattoo" and baseball drama "Moneyball." The unit of Sony Corp won three awards. Walt Disney's movie studio won two Oscars. News Corp's Fox film division and Comcast Corp's Universal studios picked up one award each. (Reporting By Lisa Richwine and Ronald Grover; ; Editing by Sandra Maler) Entertainment Fashion Film People Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Entertainment News From the Wrap 'The Artist' Producer Thomas Langmann Backstage at the Oscars: 'No One Wanted to Help Us' 2:22am EST "Artist" producer said that winning the Oscar was especially sweet because his father had won one, and called the movie a tribute to American Cinema Octavia Spencer Backstage at the Oscars: 'I'm Scared to Death Right Now' 2:24am EST Octavia Spencer said she felt scared to death after winning her Oscar, but wants to be proactive about bringing work to others that deserve a shot Michel Hazanavicius Backstage at the Oscars: I Could Thank Billy Wilder a Thousand Times 2:39am EST The Oscar winning director of "The Artist" called Billy Wilder the perfect director and said he next wants to remake "The Search" Oscars Review: Brett Ratner Dodged a Bullet 2:43am EST The funniest person was also the only one who most decidely chose a side -former Oscar host Chris Rock ridiculing the notion that voicing animated films is hard We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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