Why has the world stopped watching the Academy Awards? – Sydney Morning Herald

Still, thats not the only reason. The single biggest factor is probably that most people hadnt seen most of the nominees.
Cinemas in large parts of America are still operating at vastly reduced capacity due to COVID, having spent most of 2020 shuttered. The awards season was extended in response, but all that did was dissipate the energy and sense of expectation that normally builds through December and January to a February (or early March) telecast. Big films have been held back or put straight…

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