Warner Bros. Discovery emerged as a dominant force at this year's Academy Awards, with its films "Battle After Battle" and "The Sinner" leading the competition across major categories. Ultimately, "Battle After Battle" secured the Oscar for Best Picture, while "The Sinner" entered the ceremony with 16 nominations, setting a record for the most nominations received by a single film in Oscar history. The annual awards ceremony, organized by the Academy of Motion Picture Arts and Sciences, is determined by 10,136 voting members and this year introduced a new category for Best Casting Director.

"Battle After Battle," directed by Paul Thomas Anderson and starring Leonardo DiCaprio and Sean Penn, tells the story of a former revolutionary attempting to rescue his daughter from a long-time rival. The film grossed $209.4 million at the box office and received 13 Oscar nominations, having previously won honors including the Golden Globe for Best Musical/Comedy and the BAFTA for Best Film. "The Sinner," directed by Ryan Coogler and starring Michael B. Jordan, blends horror, music, and period narrative elements in a story about twin brothers confronting vampires in 1930s Mississippi. The film achieved a global box office of $370.1 million.

The strong awards season performance is seen as a significant moment for the Warner Bros. Discovery film division ahead of a major corporate transformation. Under an agreement announced in February, Warner Bros. is set to be acquired by Paramount Skydance for approximately $110 billion. Within Hollywood, the studio's awards success is likely to have a positive impact on film division heads Michael De Luca and Pamela Abdy. They championed large-scale original projects and invested an estimated $15 million per film in awards campaigns, supported by screenings, advertising, and public events.