The Best Actress race of 2025 was one of the most exciting… since last year’s.

The 2025 race was full of surprises.

Moore then took SAG, while Madison took BAFTA, going into Osca night on a pretty even field.

Blended image showing Mikey Madison in Anora holding an Oscar with Demi Moore in The Substance behind her

Custom Image by Nimesh Perera

Madison fits this profile nicely, especially asAnoravery much represented her debut in the cinematic big leagues.

Alas,a good narrative isn’t everything, and sadly, Moore’s ultimate loss proves it.

However, it is interesting to consider the actual role a narrative plays on the road to the Oscars.

Mikey Madison as Ani dancing at a party in Anora.

Image via NEON

But the industry embraced it to the point where it seemed like the certain winner in January.

When thinking about it, no movie benefited more fromEmilia’s collapse thanAnora.

Throughout the ceremony’s 97-year history, only sevenhorror movies have received Best Picture nominations, includingThe Substance.

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Alas,sci-fi is far more awards-friendly than horror.

Apparently, the Academy also thought so.

The Substanceisn’t an Oscar-friendly movieunder any metric.

Elisabeth Sparkle, played by actor Demi Moore, holds a snowglobe in her hands and looks depressed in The Substance.

Image via Mubi

The film won five Oscars, an impressive feat considering it had six nominations.

NEXT:Every Best Actress Winner of the 2020s So Far, Ranked

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Zoe Saldana as Rita Mora Castro walking outside in Emilia Perez.

Image via Netflix

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Clarice looking scared in The Silence of the Lambs

Image via Orion Pictures

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Mikey Madison sitting on Max Eydelshteyn’s lap and smiling in ‘Anora’

Image via NEON

Demi Moore

Anora