Guillermo del Toro's "The Shape of Water" emerged as the big winner at the 90th Oscars on Sunday night. Having been nominated in 13 categories, the fantasy romance ended up winning four Academy Awards
, including the prestigious double of Best Picture and Best Director.
Having earned roughly $126 million at the global box office so far, "The Shape of Water" was more successful than its predecessor "Moonlight", but still lacked the commercial appeal of traditional blockbuster movies.
As our chart illustrates, most Best Picture winners of the past ten years didn’t sell nearly as many tickets as the respective year’s biggest box office hit, illustrating that commercial success and critical acclaim often don't go hand in hand. The last true blockbuster to win the Best Picture award was the third and final part of Peter Jackson’s “The Lord of the Rings” trilogy, which raked in $1.1 billion at the box office worldwide and was crowned Best Picture in 2004.