Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (2024)

VarietyAwards Circuitsection is the home for all awards news and related content throughout the year, featuring the following: the official predictions for the upcoming Oscars,Emmys, Grammys and Tony Awards ceremonies, curated byVarietysenior awards editor Clayton Davis. The prediction pages reflect the current standings in the race and do not reflect personal preferences for any individual contender. As other formal (and informal) polls suggest, competitions are fluid and subject to change based on buzz and events. Predictions are updated every Thursday.

Visit the prediction pages for the respective ceremonies via the links below:

OSCARS|EMMYS|GRAMMYS|TONYS

2025 Oscars Predictions:
Best Picture

Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (1)

Weekly Commentary (Updated July 1, 2024): As we navigate the cinematic waters of 2024, the horizon shimmers with the promise of captivating films vying for Oscar glory. The year’s second half has officially set sail, bringing a tantalizing array of potential award contenders. It’ll follow first-half standouts such as Luca Guadagnino’s “Challengers” and Denis Villeneuve’s “Dune Part Two,” each hoping to maintain their buzz through year’s end.

The landscape of this year’s contenders is a fascinating tapestry. Big-budget studio productions, franchise entries, and sequels are all vying for one of the coveted ten Best Picture slots, creating an arena notably lacking in the usual indie darlings. Yet, the fall festivals—Telluride, Toronto, and Venice—always have a knack for unveiling dark horses that can surge to the forefront of the Oscar race overnight.

Among the heavyweight contenders is Paramount Pictures’ “Gladiator II,” a follow-up to the 2001 Best Picture winner. This film, rumored to be a technical marvel that could put the 87-year-old veteran filmmaker in the running for his first trophy, boasts a star-studded cast featuring Paul Mescal, Pedro Pascal, and the legendary Denzel Washington. These promising performances could dominate the awards season.

Warner Bros. brings a formidable sequel trio to the table: Denis Villeneuve’s much-anticipated “Dune Part Two,” Todd Phillips’ upcoming jukebox musical “Joker: Folie à Deux,” and Tim Burton’s “Beetlejuice Beetlejuice.” The latter could surprise many, from early murmurs suggesting “it’s an awards movie.” It could earn Michael Keaton a spot in the acting categories, perhaps mimicking a similar run to Sylvester Stallone (“Creed”), depending on how the competition shapes up.

The allure of sequels in this Oscar race is intriguing, especially considering the recent success of “Avatar: The Way of Water” and “Top Gun: Maverick,” both of which were nominated just two years ago but lost to the groundbreaking “Everything Everywhere All at Once.”

Streamers are also gearing up for a thrilling season. Apple is betting big on “Blitz,” a film directed by “12 Years a Slave” helmer Steve McQueen and starring Saoirse Ronan and Harris Dickinson, already being hailed as a presumptive favorite. Netflix juggles several high-stakes projects, including “The Piano Lesson,” adapted from August Wilson’s work directed by first-timer Malcolm Washington. They’ll also be steering the Cannes acquisition “Emilia Pérez” by Jacques Audiard, which could continue the trend of non-English language performances garnering best picture attention.

Neon is riding high on the success of Sean Baker’s “Anora,” which won the Palme d’Or at Cannes. They are also pinning hopes on “The Seed of the Secret Fig,” which nabbed a special screenplay citation at Cannes, and “The End,” a post-apocalyptic musical from Joshua Oppenheimer that could turn heads.

Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (2)

Late-year releases could also shake things up if their filmmakers wrap up in time. Pedro Almodóvar’s English-language debut “The Room Next Door,” starring Julianne Moore and Tilda Swinton, and James Mangold’s Bob Dylan biopic “A Complete Unknown,” featuring Timothée Chalamet, are both on the radar.

Meanwhile, other intriguing projects are still seeking distribution. Guadagnino’s drama “Queer,” starring Daniel Craig, has been creating a buzz among distributors. Pablo Larraín’s “Maria,” a poignant portrayal of opera singer Maria Callas’ final days with Oscar winner Angelina Jolie, also holds significant potential.

I’m interested to see how films of specific genres that often get overlooked can perform in the Oscar race. That includes DreamWorks Animation’s “The Wild Robot,” which will be looking for more outside of best animated feature, Mubi’s “The Substance,” a body-horror riot featuring a career-best turn from Demi Moore and Focus Features’ “Piece by Piece,” an animated-documentary on the life of music mogul Pharrell Williams.

As the second half of 2024 unfolds, the race is on. Each film, from blockbuster sequels to intimate dramas, is positioning itself to capture the Academy’s attention. Buckle up for an exhilarating awards season, where surprises lurk around every corner, and every reel spun could be a ticket to cinematic immortality.

Read: All Primetime Emmy predictions in every category on Variety’sAwards Circuit.

The 97thOscarswill be held on Sunday, March 2.

The full rankings are below. All movie listings, titles, and distributors are not final and are subject to change.

** denotes the film is still undated.

  • Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (3)

    And the Predicted Nominees Are

    RankFilm
    1Blitz” (Apple Original Films)
    2Gladiator II” (Paramount Pictures)
    3Nickel Boys” (Amazon MGM/Orion)
    4Conclave” (Focus Features)
    5The Room Next Door” (Sony Pictures Classics)
    6Anora” (Neon)
    7Dune: Part Two” (Warner Bros.)
    8The Piano Lesson” (Netflix)
    9Emilia Pérez” (Netflix)
    10The Wild Robot” (DreamWorks Animation)
  • Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (4)

    Next in Line

    RankFilm
    11A Complete Unknown” (Searchlight Pictures)
    12Joker: Folie à Deux” (Warner Bros.)
    13Sing Sing” (A24)
    14Beetlejuice Beetlejuice” (Warner Bros.)
    15Queer” (No U.S. Distribution)
    16Maria” (No U.S. Distribution)
    17His Three Daughters” (Netflix)
    18SNL: 1975” (Sony Pictures)
    19We Live in Time” (A24)
    20Inside Out 2” (Pixar)
  • Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (5)

    Other Contenders

    RankFilm
    21Challengers” (Amazon MGM)
    22A Real Pain” (Searchlight Pictures)
    23The Seed of the Sacred Fig” (Neon)
    24Memoirs of a Snail” (IFC Films)
    25Wicked” (Universal Pictures)
    26Hit Man” (Netflix)
    27Deadpool & Wolverine” (Marvel Studios)
    28Piece by Piece” (Focus Features)
    29In the Summers” (Music Box Films)
    30The Substance” (Mubi)
  • Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (6)

    Also In Contention

    RankFilm
    31The End” (Neon)
    32All We Imagine as Light” (Janus Films/Sideshow)
    33Here” (Sony Pictures)
    34Nosferatu” (Focus Features)
    35Mufasa: The Lion King” (Walt Disney Pictures)
    36The Actor” (Neon)
    37We Grown Now” (Sony Pictures Classics)
    38Nightbitch” (Searchlight Pictures)
    39Hard Truths” (Bleecker Street)
    40Bird” (Mubi)
  • Eligible Titles (Best Picture)

    Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (7)

    ** This list is incomplete and not yet finalized. Not all films have distribution or release dates. All are subject to change.

    • “The Actor” (Neon)
    • “Alien: Romulus” (20th Century Studios)
    • “All We Imagine as Light” (Janus Films/Sideshow)
    • “Anora” (Neon)
    • “The Apprentice” (No U.S. Distribution)
    • “Babygirl” (A24)
    • “Beetlejuice Beetlejuice” (Warner Bros.)
    • “Better Man” (Paramount Pictures)
    • “Between the Temples” (Sony Pictures Classics)
    • “The Bikeriders” (Focus Features)
    • “Bird” (Mubi)
    • “Blink Twice” (Amazon MGM)
    • “Blitz” (Apple Original Films)
    • “Bob Marley: One Love” (Paramount Pictures)
    • “Challengers” (Amazon MGM)
    • “Civil War” (A24)
    • “A Complete Unknown” (Searchlight Pictures)
    • “Conclave” (Focus Features)
    • “Daddio” (Sony Pictures Classics)
    • “Daughters” (Netflix)
    • “Deadpool & Wolverine” (Marvel Studios)
    • “The Deliverance” (Netflix)
    • “Despicable Me 4” (Illumination/Universal Pictures)
    • “A Different Man” (A24)
    • “Dìdi” (Focus Features)
    • “Echo Valley” (Apple Original Films)
    • “Eden” (No U.S. Distribution)
    • “Elton John: Never Too Late” (Walt Disney Pictures)
    • “Emilia Pérez” (Netflix)
    • “Emmanuelle” (Neon)
    • “The End” (Neon)
    • “Evil Does Not Exist” (Sideshow)
    • “Fancy Dance” (Apple Original Films)
    • “The Fire Inside” (Amazon MGM)
    • “Firebrand” (Roadside Attractions)
    • “Flow” (Janus Films)
    • “Frida” (Amazon MGM)
    • “The Friend” (No U.S. Distribution)
    • “The Front Room” (A24)
    • “Furiosa: A Mad Max Saga” (Warner Bros.)
    • “Gladiator II” (Paramount Pictures)
    • “Hard Truths” (Bleecker Street)
    • “Hedda” (Amazon MGM)
    • “Here” (Sony Pictures)
    • “Heretic” (A24)
    • “His Three Daughters” (Netflix)
    • “Hit Man” (Netflix)
    • “Horizon: An American Saga — Chapter 1” (Warner Bros.)
    • “I Am Celine Dion” (Amazon MGM)
    • “I Saw the TV Glow” (A24)
    • “I’m Still Here” (Sony Pictures Classics)
    • “The Idea of You” (Amazon MGM)
    • “IF” (Paramount Pictures)
    • “The Imaginary” (Netflix)
    • “In the Summers” (Music Box Films)
    • “It Ends With Us” (Sony Pictures)
    • “Janet Planet” (A24)
    • “Joker: Folie à Deux” (Warner Bros.)
    • “Kinds of Kindness” (Searchlight Pictures)
    • “Kingdom of the Planet of the Apes” (20th Century Studios)
    • “Klara and the Sun” (Sony Pictures)
    • “Kneecap” (Sony Pictures Classics)
    • “Lee” (Roadside Attractions)
    • “Longlegs” (Neon)
    • “Love Lies Bleeding” (A24)
    • “Maria” (No U.S. Distribution)
    • “Megalopolis” (Lionsgate)
    • “Memoirs of a Snail” (IFC Films)
    • “Moana 2” (Walt Disney Pictures)
    • “Monkey Man” (Universal Pictures)
    • “The Most Precious of Cargoes” (StudioCanal)
    • “Mothers’ Instinct” (Neon)
    • “Mufasa: The Lion King” (Walt Disney Pictures)
    • “My Old Ass” (Amazon MGM)
    • “Nickel Boys” (Amazon MGM/Orion)
    • “Nightbitch” (Searchlight Pictures)
    • “Nosferatu” (Focus Features)
    • “Oh, Canada” (No U.S. Distribution)
    • “On Swift Horses” (No U.S. Distribution)
    • “The Order” (Vertical Entertainment)
    • “The Outrun” (No U.S. Distribution)
    • “Parthenope” (A24)
    • “The Piano Lesson” (Netflix)
    • “Piece by Piece” (Focus Features)
    • “Polaris” (No U.S. Distribution)
    • “Queer” (No U.S. Distribution)
    • “A Real Pain” (Searchlight Pictures)
    • “Rez Ball” (Netflix)
    • “The Room Next Door” (Sony Pictures Classics)
    • “Sasquatch Sunset” (Bleecker Street)
    • “The Seed of the Sacred Fig” (Neon)
    • “Shirley” (Netflix)
    • “Sing Sing” (A24)
    • “Six Triple Eight” (Netflix)
    • “Small Things Like These” (Lionsgate)
    • “SNL: 1975” (Sony Pictures)
    • “Sonic the Hedgehog 3” (Paramount Pictures)
    • “Spellbound” (Netflix)
    • “Stopmotion” (IFC/Shudder)
    • “The Substance” (Mubi)
    • “Super/Man: The Christopher Reeve Story” (Warner Bros.)
    • “That Christmas” (Netflix)
    • “Thelma” (Magnolia Pictures)
    • “Transformers One” (Paramount Pictures)
    • “Tuesday” (A24)
    • “Twisters” (Universal Pictures)
    • “Ultraman: Rising” (Netflix)
    • “Unstoppable” (Amazon MGM)
    • “Venom: The Last Dance” (Sony Pictures)
    • “Wallace & Gromit: Vengeance Most Fowl” (Netflix)
    • “We Grown Now” (Sony Pictures Classics)
    • “We Live in Time” (A24)
    • “Wicked” (Universal Pictures)
    • “The Wild Robot” (DreamWorks Animation)
    • “Wildcat” (Oscilloscope Laboratories)
    • “Woman of the Hour” (Netflix)
    • “Young Woman and the Sea” (Walt Disney Pictures)
  • More Information (Oscars: Best Picture)

    Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (8)

    2024 category winner: “Oppenheimer” (Universal Pictures) — Emma Thomas, Charles Roven and Christopher Nolan

    2024-2025 Oscars Calendar and Timeline (all dates are subject to change)

    • Eligibility period: Jan. 1, 2024 – Dec. 31, 2024
    • General entry, best picture, RAISE submission deadline: Thursday, Nov. 14, 2024
    • Governors Awards: Sunday, Nov. 17, 2024
    • Preliminary voting begins Monday, Dec. 9, 2024, at 9 a.m. PT.
    • Preliminary voting ends Friday, Dec. 13, 2024, at 5 p.m. PT.
    • Oscar Shortlists Announcement: Tuesday, Dec. 17, 2024
    • Eligibility period ends: Tuesday, Dec. 31, 2024
    • Nominations voting begins Wednesday, Jan. 8, 2025, at 9 a.m. PT.
    • Nominations voting ends Sunday, Jan. 12, 2025, at 5 p.m. PT.
    • Oscar Nominations Announcement: Friday, Jan. 17, 2025
    • Oscar Nominees Luncheon: Monday, Feb. 10, 2025
    • Final voting begins Tuesday, Feb. 11, 2025, at 9 a.m. PT
    • Final voting ends: Tuesday, Feb. 18, 2025, at 5 p.m. PT
    • Scientific and Technical Awards: Tuesday, Feb. 18, 2025
    • 97th Oscars: Sunday, March 2, 2025

    Oscars Prediction Categories

    Best PictureDirector
    Actor in a Leading RoleActress in a Leading Role
    Actor in a Supporting RoleActress in a Supporting Role
    Original ScreenplayAdapted Screenplay
    Animated FeatureProduction Design
    CinematographyCostume Design
    Film EditingMakeup and Hairstyling
    SoundVisual Effects
    Original ScoreOriginal Song
    Documentary FeatureInternational Feature
    Animated ShortDocumentary Short
    Live Action ShortCasting (coming in 2026)

    About the Academy Awards

    The Academy Awards, better known as the Oscars, is Hollywood’s most prestigious artistic award in the film industry. Since 1927, nominees and winners have been selected by members of the Academy of Motion Picture Arts and Sciences (AMPAS). Seventeen branches are represented within the nearly 10,000-person membership. The branches are actors, associates, casting directors, cinematographers, costume designers, directors, documentary, executives, film editors, makeup and hairstylists, marketing and public relations, members-at-large, members-at-large (artists’ representatives), music, producers, production design, short films and feature animation, sound, visual effects and writers.

Oscar Predictions: Best Picture — Big Budget Blockbusters, IP and Sequels Headline Promising Slate of Contenders (2024)
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