"The Oscars, arguably, are quite shit. They get things wrong far more often than they get them right (Forrest Gump over Pulp Fiction anyone? Thought not) and watching as the pomp and pretense unfolds is as painful as it is strangely compulsive.
But really the quality of the picks, or even the show itself, is largely irrelevant – the Oscars is a showcase for the movie industry and the interest it garners from media outlets worldwide is staggering. It attracts the public's attention to well made movies, kickstarts the careers of quality actors/actresses/directors, and is a real driving force for cinema in general."