Oscars Face Existential Crisis: Ratings Plummet, Stars Skip

The Academy Awards are experiencing a significant viewership decline, with ratings falling below 20 million since 2020. This trend has fueled calls to cancel the ceremony, with many viewers describing recent shows as predictable and boring. In a move to expand its global reach, the Oscars will be broadcast on YouTube starting in 2029, concluding ABC's 50-year tenure as its broadcaster.

The ceremony is also under scrutiny for potential ageism and sexism in its award decisions. Industry insiders suggest a bias against younger male actors, noting that leading male actors often win later in their careers, unlike actresses who are more frequently recognized earlier. This has led to debates about the Academy's criteria and its focus on underrepresented groups through initiatives like Aperture 2025.

Further complicating matters are claims of unfair voting tactics and a lack of engagement from Academy members. Some voters admit to not watching all nominated films, contributing to a perception that the awards are out of touch. The introduction of new guidelines requires voters to attest they've seen the films, but the long-term impact on the Oscars' reputation and future viewership remains uncertain.