They lost all sense of credibility when Peter O'Toole was snubbed for Lawrence of Arabia, and then for the rest of his career.
It's just an industry meat parade designed to get you to watch their bullshit.
It's just an industry meat parade designed to get you to watch their bullshit.
The academy awards are literally nothing more than any other industry group awards: it's just people in the industry telling each other how awesome they are.
They are, and always have been, utterly meaningless.