The recent Oscar nominations reflect a positive trend in the industry's health, with improvements compared to the past pandemic years. The adjustments made by the Academy during the pandemic years were essential to keep the show going on, and they resulted in showcasing better movies. The nominations signify that movie attendance is not as dire as anticipated, with films like 'Coda' demonstrating the industry's resilience. The inclusion of movies like 'Barbie' and 'Oppenheimer' as Best Picture nominees has instilled confidence in the future of moviegoing by capturing cultural imagination and generating significant public interest and discussion.