Source: The Entertainment Strategy Guy
The Oscars' declining viewership reflects a widening gap between what prestige institutions celebrate and what actually captures broad American attention—a split now visible in real time through streaming data. As award shows program for educated, affluent audiences while losing the middle-class viewers who once made them cultural necessities, they've become niche events masquerading as universal ones. Streaming didn't kill the Oscars. It revealed they were already addressing a shrinking, unrepresentative slice of the country.