Demi Moore losing Best Actress to Mikey Madison at the Oscars 2025 was a surprise, and The Substance made the upset so much more ironic.

The Academy crowned Mikey Madison the Best Actress of 2025 over presumed sentimental favorite Demi Moore. What's behind the Oscars' decision?

Shades of silver and gold dominated the red carpet at the 2025 Academy Awards on Sunday in Los Angeles. Stars including Emma Stone, Demi Moore and Halle Berry opted for metallic gowns, bringing sequined and mirrored embellishments to the forefront.

Emma Stone, announced Madison’s name. Moore could be seen clenching her jaw before applauding for the 25-year-old rising star. Lip reader Nicole Hickling told the Daily Mail, “Demi says ...

Mikey Madison was not the only one surprised to have won Best Actress. The actress was nominated alongside four other actresses, Cynthia Erivo, Karla Sofía Gascón, Demi Moore and Fernanda Torres for the category.

The 97th Academy Awards, also known as the Oscars, takes place on Sunday at the Dolby Theatre in Los Angeles. Conan O’Brien is hosting the ceremony, honoring the best in cinema from the past year. Notable presenters include Halle Berry, Penélope Cruz, Scarlett Johansson, Oprah Winfrey, Cillian Murphy, Emma Stone and more.

Demi Moore, a 2025 Oscar nominee for Best Actress, shares daughters Rumer Willis, Scout Willis and Tallulah Willis with ex Bruce Willis—and she shows up for his wife Emma Heming and their two kids.