This year’s Academy Awards season didn’t start off as expected, but just before nominations were announced, the field gained momentum. The late entries Wicked and A Complete Unknown brought star power to the race. Festival hit Conclave became a box office success. The Substance continued its surprising run through precursor awards, building on its initial surprise. Emilia Pérez’s rise to front-runner status is a testament to the evolving Oscars landscape, which has become weirder and more global over the past five years.
Source: https://www.vulture.com/article/2025-oscar-nomination-predictions-who-will-win-best-picture.html