VIDEO : Oscars Get New Category And 3-Hour Limit

The Oscars are getting shorter and a new category. The Academy of Motion Picture Arts and Sciences announced its plans Wednesday to shorten the Oscars telecast and create a new category for "popular" films. Ratings for the Oscars hit a new low this past March after years of decline. The Academy?s Board of Governors sent an email to Academy members on Wednesday morning to announce the changes. The new category is called ?outstanding achievement in popular film.? It has pledged to keep the show to three hours and will also hand out ?select categories? during commercial breaks.