Usually the Oscar voters and I agree, but I had no patience for this movie. The choice to make a black and white silent movie about black and white silent moviemaking is as boring as it sounds. I spent much of the time during this movie bored and uninvolved with the movie, kind of like if I had just spent two hours watching reruns of Degrassi, but without juicy Canadianness.
I can only presume that the Academy voters were swayed by the fact that the movie was bout their industry, and everything made in black and white deserves Serious Consideration. They ended up giving the award for Best Movie to an interminable bore.