That’s oddly about the time I started to become disenchanted with most contemporary cinema. Both parents worked in the Industry, dad was a voting member of the Academy for many years. The Oscars were–no exaggeration–the Holiest night on our family calendar. I even got to attend in person once. (The one where Benigni climbed up on the furniture–'99.)
Then THE ARTIST won best picture (2011). 🤦♂️
I stopped watching the Oscars completely about 5 years ago. The only enthusiasm I can muster anymore is new films by old masters (PTA, Scorsese, Tarantino, etc.)