'One Battle After Another' was awarded the Oscar for Best Film at the 98th Academy Awards, standing out among strong contenders like 'Sinners', which also received multiple accolades. The film secured a total of six Oscars, including Best Director and Best Adapted Screenplay for Paul Thomas Anderson.

In the performance categories, Michael Jordan garnered the Oscar for Best Actor for his portrayal of two entrepreneurial black brothers during the era of racial segregation in the United States in 'Sinners', which itself won a total of four Oscars. Jessie Buckley was predictably awarded for Best Actress. This year's Oscars showcased a notable success for Czechia as well, highlighting the significance of this year's film accolades.

Both 'Sinners' with a record 16 nominations and 'One Battle After Another' with 13 nominations were considered major contenders for the Academy Awards. Sean Penn received his third Oscar for his supporting role in 'One Battle After Another' as the brutal and opportunistic officer Steven Lockjaw; however, he did not attend the awards ceremony in Los Angeles. Overall, the event celebrated a robust year for cinema, showcasing diverse storytelling and talent.