The Future of the Oscars

The Oscars' Best Picture win for Everything Everywhere All At Once won't drastically change the movie industry, but Marvel is taking note that storytelling matters. Despite blockbusters like Top Gun and Avatar winning awards for visual effects and sound, the Oscars prefer awarding smaller films. The lack of an international breakthrough suggests that the Oscars are increasingly becoming a local festival. With viewership declining every year, it's hard to get people to sit down for a three and a half hour show.