Anytime you’re tempted to care too much about what’s going on with the Oscars, consider the list of great movies that should have won Best Picture yet weren’t even nominated in that category.
1. King Kong (1933)
The landmark in special effects and fantasy captivated the imagination and heralded a new era in which anything anyone could dream up became a cinematic possibility. The closing line was so perfect that Peter Jackson couldn’t resist using it again in his remake seven decades later. But Oscar was obsessed with historical sweep at the time, and gave its top award to the generational family saga Cavalcade.