By Lisa Richwine LOS ANGELES (Reuters) -"Anora," the story of a sex worker who gets a chance at a new life when she marries a wealthy client on a whim, won the coveted best picture prize at the Academy Awards on Sunday.

Ratings for the 2025 Academy Awards presentation is down 7% from last year. Oscars viewership had been on the rise since 2020.

Billionaire Elon Musk stirred another controversy by publicly criticizing the diversity standards set by the Academy of Motion Picture Arts and Sciences for the 2025 Oscars. His comments come in response to the updated eligibility rules for the 97th Academy Awards,

Bill Kramer has been the CEO of the Academy of Motion Picture Arts and Sciences since June 2022. Before becoming CEO, Kramer played a key role in launching the Academy Museum of Motion Pictures. He also manages over 700 employees across multiple locations while making strategic decisions to keep the Academy relevant in an evolving film industry.