Contrarian film critic Armond White does a brilliant take-down of the Oscars that pretty much sums up why I think they suck:
Everyone has their wakeup moment about the Academy Awards: A moment when you put away childish belief and realize it’s not at all about art but about popularity (as Sally Field once indicated and then got lambasted for her clarity). Mine happened back in 1977 when Rocky won Best Picture and Taxi Driver did not. No plainer illustration of art vs. commerce is imaginable, but the reality has been blurred ever since.
For me, it happened in 1999, when the Academy gave Shakespeare in Love five statues. That steaming pile of turd beat Saving Private Ryan for Best Picture, and The Truman Show for Best Original Screenplay. The broadcast was further marred by the excruciatingly awful antics of Roberto Benigni, who won the Oscar for Best Actor.
Since then, the Academy’s choices have been one disappointment after another. Or rather, a confirmation that has little to do with rewarding outstanding cinema—the utterly justified Oscar recognition for The Departed notwithstanding.
So this Sunday, fuck the Oscars. Watch instead those films you’ve seen a dozen times, the ones you love with all your heart and soul. That’s reward enough.