Warner Bros. achieved significant success at the 2026 Oscars, winning a total of 11 Academy Awards, with its film One Battle After Another earning the prestigious Best Picture award. This marks the studio's first win in this category since Argo in 2012. Additionally, director Paul Thomas Anderson received accolades for Best Director and Best Adapted Screenplay, while Sean Penn was awarded Best Supporting Actor for his role in the film.
In a competitive field, Netflix secured seven Oscars, including two for KPop Demon Hunters, which won Best Animated Feature and Best Original Song. Other wins for Netflix included Best Documentary Short Film for All The Empty Rooms and Best Live Action Short Film for The Singers. Apple TV added to the streaming service tally with a win for Best Sound for F1.
Notable performances were recognized as Jessie Buckley took home Best Actress for her role in Hamnet and Amy Madigan won Best Supporting Actress for Weapons. The event was hosted by Conan O'Brien, who made light of Netflix CEO Ted Sarandos's presence at a theater. As the landscape of broadcasting changes, the 2026 Oscars will be one of the last aired by Walt Disney's ABC network, with plans for YouTube to stream the ceremony starting in 2029.