The Oscars viewership was similar to last year, with around 16 million viewers tuning in, making it the second-lowest rated telecast.

The Oscars ratings have been a topic of much discussion and scrutiny over the years, as the annual ceremony is one of the most-watched televised events in the world. However, in recent years, the ratings for the show have been on a decline, leading many to question the reasons behind this trend.

One of the factors that have contributed to the decline in ratings is the changing viewing habits of audiences. With the rise of streaming services and the proliferation of on-demand content, viewers have more options than ever before, which has led to a fragmentation of the audience. Additionally, many people have become disenchanted with the Oscars due to the lack of diversity and inclusion in the nominees and winners, which has led to boycotts and protests.

Another factor that has contributed to the decline in ratings is the format of the show itself. The Oscars have been criticized for being too long and too boring, with lengthy speeches and musical performances that do not appeal to a younger demographic. Additionally, the show has been criticized for being too political, with many viewers feeling that it has become too focused on promoting social justice causes rather than celebrating the art of filmmaking.

In recent years, the Oscars have attempted to address these issues by making changes to the format of the show. For example, the 2021 ceremony was held in a different location and featured a more intimate setting, which was well-received by viewers. Additionally, the show has made efforts to increase diversity and inclusion in its nominees and winners, which has helped to attract a wider audience.

Overall, the decline in Oscars ratings is a complex issue that is influenced by a variety of factors. While the show has attempted to address some of these issues, it remains to be seen whether these efforts will be successful in attracting a larger audience in the future.