Small budgets win big
While the dominance of last year’s Oppenheimer showed that big films will forever have their place at the Oscars, the Academy has increasingly gravitated to the smaller movie. Back in 2017, Moonlight became the best picture winner with the smallest ever budget (about $1.5m) and since then, films like Coda ($10m), Parasite ($11m) and Nomadland ($5m) have continued to bring indie films back to the main stage. This year, blockbusters like Wicked and Dune: Part Two might have scored major nominations but they had to settle for below-the-line wins, typically where bigger budget films have now tended to remain. The films that won above the line such as Anora ($6m), The Brutalist ($10m) and A Real Pain ($3m) relied on campaigns that stressed the importance of making a lot from a little and it meant that the night was ultimately another success story for independent film-making. Benjamin Lee
