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The Guardian - US
The Guardian - US
Entertainment
Adrian Horton, Benjamin Lee and Owen Myers

Key takeaways from Oscars 2026: horror wins, tech loses and politics is hard to ignore

two people look at each other
Conan O'Brien and Amy Madigan backstage at the Academy Awards in Los Angeles, California, on Sunday. Photograph: Richard Harbaugh/The Academy/Shutterstock

Warners winning

It was always going to be a banner Oscars year for Warner Bros, leading the race with the two major films of the season – Sinners and One Battle After Another – the perfect end to a perfect year of critical and commercial hits for the studio. But with 11 wins tonight, by far the biggest tally for any company, the evening really did serve as a reminder of how much Warners has achieved in its year of greenlighting dangerously, at least at this risk-averse time. It couldn’t come at a more depressing intersection for the studio as it prepares to fall under the ownership of Paramount-Skydance and the Ellisons, its future looking unsure. Paramount might have been a major contender back in the day with best picture winners including The Godfather, Ordinary People and Forrest Gump, but its been mostly absent of late, bar Top Gun: Maverick. Hard to imagine the studio which now relies almost exclusively on reanimating rusty IP will care much about auteurs and awards. Benjamin Lee

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