A collector of film memorabilia, Spielberg purchased a balsa Rosebud sled from Citizen Kane (1941) in 1982. He bought Orson Welles's own directorial copy of the script for the radio broadcast The War of the Worlds (1938) in 1994. Spielberg has purchased Academy Award statuettes being sold on the open market and donated them to the Academy of Motion Picture Arts and Sciences, to prevent their further commercial exploitation. His donations include the Oscars that Bette Davis received for Dangerous (1935) and Jezebel (1938), and Clark Gable's Oscar for It Happened One Night (1934).
What does Spielberg do with Academy Awards he buys?
donated them to the Academy of Motion Picture Arts and Sciences, to prevent their further commercial exploitation