Viacom's Paramount emerged with no Oscar nominations on Tuesday for the first time since 2003.
What's worse, it's the first time in 15 years that any of the major Hollywood studios (or their indie divisions, including the now-dormant Paramount Vantage) has gotten blanked by the Academy.
Paramount came into this Oscar season with high hopes for a trio of high-profile and starry films, including Alexander Payne's high-concept "Downsizing" with Matt Damon and Kristen Wiig, director George Clooney's '50-set drama "Suburbicon" (also starring Damon) and Darren Aronofsky's genre-defying Jennifer Lawrence film "mother!"
In addition, the studio also mounted a campaign for "An Inconvenient Sequel," the follow-up to its 2006 climate-change documentary "An Inconvenient Truth" -- which won Oscars for Best Documentary Feature and Best Original Song for Melissa Etheridge's "I Need to Wake Up."
A rep for Paramount declined to comment.
Paramount has been in the midst of transition since losing its longtime chairman Brad Grey last year. Former Fox head Jim Gianopulos has been cleaning house in the upper executive ranks in recent months and working with a slate of leftover projects from the Grey era.
Last year, the studio's films grossed $534.3 million domestically, for a measly 4.8 percent of the total market and a seventh place finish among distributors, behind Lionsgate.
For the record, Fox Searchlight led among distributors on Tuesday with 20 Oscar nominations, including 13 for Guillermo del Toro's "The Shape of Water." Universal's Focus Features and Warner Bros. tied with 14 nods each, and Disney followed with 10.
Oscars 2018: 8 Biggest Snubs and Surprises, From Tom Hanks to Denzel Washington (Photos)
Every year at the Academy Awards, there are inevitably certain nominees that raise eyebrows in surprise and glaring omissions that furrow those eyebrows in anger. 2018 was no different. Here are some of this year's snubs and surprises.
SURPRISE: Denzel Washington for "Roman J. Israel, Esq.": Washington's portrayal of a lawyer caught in a moral quagmire left critics lukewarm and didn't make much of an impact at the box office, yet it has earned the beloved actor his ninth Oscar nomination and sixth in the Best Actor category.
SNUB: Tom Hanks for "The Post": Many awards prognosticators expected that the Best Actor slot taken by Denzel would have gone to Tom Hanks for his portrayal of Washington Post editor Ben Bradlee. Instead, Jason Robards' performance in "All The President's Men" remains the only Ben Bradlee to get an Oscar nod.
SURPRISE: Lesley Manville for "Phantom Thread": Daniel Day Lewis got much of the press for "Phantom Thread," but Manville has earned some attention for her performance as Reynolds Woodcock's devoted sister and business partner, who spends the whole film putting up with Reynolds obsessive nonsense.
SNUB: Holly Hunter for "The Big Sick": Kumail Nanjiani's true-story dramedy earned a screenplay nomination, but Hunter, who was considered an early contender for Best Supporting Actress last summer for her performance as Kumail's tough but loving future mother-in-law, ended up sliding out of the final list.
SURPRISE: Paul Thomas Anderson for "Phantom Thread": It feels weird to call it a surprise that an acclaimed filmmaker like Anderson got a nomination for Best Director, but in such a competitive field, not many awards analysts expected him to sneak in and take a nod for his work immersing audiences in Reynolds Woodcock's meticulous world. That's especially considering he managed to beat out...
SNUB: Steven Spielberg for "The Post": With its paean to journalism and not-so-subtle tweak at Donald Trump, it was expected that Academy voters would go ga-ga over "The Post." Instead, it's getting the "Selma" treatment, earning a Best Picture nomination but only getting one other nom for Meryl Streep while Spielberg misses out on an eighth Oscar nomination.
SURPRISE: "Abacus: Small Enough to Jail" for Best Documentary Feature: PBS will get a surprise nomination for their powerful recounting about how a small, family-owned bank in New York's Chinatown became the only bank prosecuted by the feds in the wake of the 2008 recession.
SNUB: "City of Ghosts" for Best Documentary Feature: Docs about the ongoing Syria crisis have been fertile ground for award winning docs like "Last Men In Aleppo" and last year's Best Short Doc winner, "The White Helmets." But the Academy didn't go for this horrifying but moving tale about Raqqa Is Being Slaughtered Silently, a team of citizen journalists reporting the abuses of ISIS at the risk of their own lives.
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Who got robbed at the Oscars this year?
Every year at the Academy Awards, there are inevitably certain nominees that raise eyebrows in surprise and glaring omissions that furrow those eyebrows in anger. 2018 was no different. Here are some of this year's snubs and surprises.
