Demi Moore isn’t taking her surprise Academy Awards loss to heart. Moore was widely seen as this year’s front-runner for the Best Actress Oscar for “The Substance,” in which she portrays a fading Hollywood star who goes to deadly extremes to appear youthful.

The "Substance" star admits that it would have been "wonderful to have won" but says she was comfortable with whatever the outcome would be.

Demi Moore wasn’t shocked when Mickey Madison snagged Best Actress for Anora—even if the Oscars audience was. Heading into the 2025 Academy Awards, the 62-year-old actress was widely seen as the frontrunner for her performance in The Substance.