The ceremony also honored Jessie Buckley as best actress for “Hamnet,' celebrated Netflix successes like “KPop Demon Hunters' and “Frankenstein,' and featured Amy Madigan’s supporting actress win.
Paul Thomas Anderson’s "One Battle After Another" was crowned best picture at the 98th Academy Awards, handing Hollywood ’s top honor to a comic, multi-generational American saga of political resistance.
The ceremony Sunday, which also saw Michael B. Jordan win best actor and "Sinners" cinematographer Autumn Durald Arkapaw make Oscar history as the first female director of photography to win the award, was a long-in-coming coronation for Anderson, a San Fernando Valley native who made his first short at age 18 and has been one of America’s most lionized filmmakers for decades. Before Sunday, Anderson had never won an Oscar.The Oscar night belonged to Warner Bros., the studio of "One Battle After Another" and Ryan Coogler’s vampire tale "Sinners." It was an oddly poignant note of triumph for the fabled studio, which weeks earlier agreed to a sale to Paramount Skydance, David Ellison’s rapidly assembled media monolith. The deal, which awaits regulatory approval, has Hollywood bracing for more layoffs."Sinners" and "One Battle After Another" were each Hollywood anomalies: big-budget originals born from a personal vision. In a year where anxiety over studio contraction and the rise of artificial intelligence often consumed the industry, both films gave Hollywood fresh hope.Jessie Buckley won best actress at the 98th Academy Awards for her performance as Agnes Shakespeare in "Hamnet," making her the first Irish performer to ever win in the category.At an Oscars where no other acting award seemed a sure thing, Buckley cruised into Sunday’s Oscars at the Dolby Theatre as the overwhelming favorite. But in the last decade, Buckley has quickly established herself as a widely admired actor, on stage and screen, and her anguished performance in "Hamnet" was arguably the defining tearjerker of 2025.In her seat, Buckley immediately plunged her head into her hands."It’s Mother’s Day in the U.K.," said Buckley on the stage. "I would like to dedicated this to the beautiful chaos of a mother’s heart."From the start, when host Conan O’Brien sprinted through the year’s nominees as Amy Madigan’s character in the horror thriller "Weapons" in a pre-taped bit, Sunday’s ceremony was quirky, a little clunky and preoccupied with the shifting place of movies in culture. There was, of all things, a tie for best live-action short film.As expected, the Netflix sensation "KPop Demon Hunters," 2025’s most-watched film, won best animated feature, as well as best song for "Golden." It was a big win for Netflix but a more qualified victory for the movie’s producer, Sony Pictures. Though it developed and produced the film, Sony sold "KPop Demon Hunters" to the streaming giant instead of giving it a theatrical release.On Netflix, "KPop Demon Hunters" became a cultural phenomenon and the streaming platform’s biggest hit. It has more than 325 million views and counting."This is for Korea and Koreans everywhere," said co-director Maggie Kang.Another Netflix release, Guillermo del Toro’s "Frankenstein" picked up three awards for its lavish craft, for costume design, makeup and hairstyling and for production design.Amy Madigan won best supporting actress for her performance in the horror thriller "Weapons," a win that came 40 years after the 75-year-old actor was first nominated, in 1986, for "Twice in a Lifetime." Letting out a giant laugh as she hit the stage, Madigan exclaimed, "This is great!"Hosting for the second time, O’Brien began the Dolby Theatre show alluding to "chaotic and frightening times." But he argued that the current geopolitical climate made the Oscars all the more resonate as a globally unifying force."We pay tribute tonight, not just to film, but to the ideals of global artistry, collaboration, patience, resilience and that rarest of qualities today — optimism," O’Brien said. "We’re going to celebrate. Not because we think all is well, but because we work, and hope, for better."Throughout the show, O’Brien hit a number of targets, like Timothée Chalamet for his diss of opera and ballet. But the ceremony seldom wasn’t shadowed by politics, whether in references to changes under U.S. President Donald Trump or the recently launched war in Iran.Joachim Trier, whose Norwegian family drama "Sentimental Value" won best international film, quoted James Baldwin in his acceptance speech."All adults are responsible for all children," he said. "Let’s not vote for politicians that don’t take this seriously into account."Presenter Jimmy Kimmel, whose late-night show last year was suspended after comments he made about Charlie Kirk’s killing, was among the most blunt."There are some countries that don’t support free speech," said Kimmel. "I’m not at liberty to say which. Let’s just leave it at North Korea and CBS."Shortly after, "Mr. Nobody Against Putin," a film about a Russian primary school teacher who documents his students’ indoctrination to support Russia’s war with Ukraine, won best documentary."‘Mr. Nobody Against Putin’ is about how you lose your country," co-director said. "And what we saw when working with this footage is that you lose it through countless, small, little acts of complicity.""We all face a moral choice," he added, "but, luckily, a nobody is more powerful than you think."Elegy also marked the Oscars. Producers expanded the in memoriam segment following a year that featured the deaths of so many Hollywood legends, including Keaton, Robert Duvall and Redford. Barbra Streisand spoke about Redford, her "The Way We Were" co-star."Bob had real backbone," said Streisand, who called Redford "an intellectual cowboy" before singing a few bars of "The Way We Were."Billy Crystal paid tribute to Rob and Michele Reiner, who were killed in their home in December. Crystal, a close friend of Rob Reiner’s who memorably starred in 1989’s "When Harry Met Sally..." and 1987’s "Princess Bride." In his moving remarks, Crystal quoted the latter."All we can say is: Buddy, how much fun we had storming the castle," said Crystal.It seemed all but certain that the night’s final award wouldn’t go to a streaming release; Apple’s "CODA" remains the only streaming film to achieve that distinction. Instead, best picture is likely to go to an anomaly in today’s movie industry: big-budget original films from a personal vision."Sinners" and "One Battle After Another" were both theatrical releases shot on film. And both came from Warner Bros., the legacy studio that’s agreed to merge with David Ellison’s new media colossus, Paramount Skydance. The $111 billion deal, which awaits regulatory approval, has rattled an industry already reconciling itself to the acquisitions of MGM and 20th Century Fox .Apple’s "F1," a movie that it partnered with Warner Bros. to distribute theatrically, won for best sound. The lone blockbuster of the year to go home with a win was "Avatar: Fire and Ash," for visual effects.Some of O’Brien’s best digs came at the expense of the streamers. Netflix chief Ted Sarandos, he joked, was in a theater for the first time. The host also lamented the lack of nominees for Amazon MGM: "Why isn’t the website I order toilet paper from winning more Oscars?""I’m honored to be the last human host of the Academy Awards," said O’Brien. "Next year it’s going to be a Waymo in a tux."
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