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Demi Moore Shares Her True Feelings About Surprise Oscars Loss

Demi Moore isn’t taking her surprise Academy Awards loss to heart.

Prior to the 2025 Oscars, Demi was widely seen as the front-runner to win the Best Actress prize for The Substance, in which she portrays a fading Hollywood star who goes to deadly extremes to appear youthful.

On the night, Demi ended up losing the award to Mikey Madison, whose bold and feisty portrayal of a New York sex worker in Anora was, by all accounts, a breakout performance.

Among those who weren’t surprised by Mikey’s win, however, was Demi herself. In an interview with Time, who named her one of this year’s 100 most influential people, the Ghost actor said she had a gut feeling Mikey would be the one to emerge victorious during the ceremony.

“I leaned over and whispered to my manager, ‘I think it’s going to Mikey’,” she recalled. “I don’t know why I knew, but I did. I was so centred and calm. I didn’t feel gutted.”

"The physical, human part that has ego, of course, has disappointment. It certainly would have been wonderful to have won," Demi Moore (right) said of losing the Best Actress Oscar to Mikey Madison.
“The physical, human part that has ego, of course, has disappointment. It certainly would have been wonderful to have won,” Demi Moore (right) said of losing the Best Actress Oscar to Mikey Madison.

Emma McIntyre via Getty Images

After the Oscars aired on 2 March, many fans and critics were quick to interpret Mikey’s win as a case of life imitating art. In The Substance, Demi’s character, Elisabeth Sparkle, is fired from her hosting gig on a daytime fitness program after she turns 50.

It’s only after Elisabeth uses an illicit drug to spawn a younger version of herself named Sue (played by Margaret Qualley) that she’s able to regain prominence in her industry – with some grisly consequences.

Demi, however, graciously reacted to her loss by congratulating Mikey on Instagram.

Though she continued to shrug off any perceived rivalry between the two actors in her Time interview, she did acknowledge: “The physical, human part that has ego, of course, has disappointment. It certainly would have been wonderful to have won.”

While Demi may have to wait a bit for her next Academy Award nod, she says she’s “in trust of, whatever is going to unfold” with her acting career moving forward.

She’s set to return to the big screen alongside Keke Palmer and LaKeith Stanfield in I Love Boosters, written and directed by Boots Riley, and is also currently at work on the Season 2 of her Paramount+ series, Landman.

“To go from the beginning of this last year feeling like I was never part of the conversation to being acknowledged in a critical way for my work has just allowed me to open up my belief in greater possibilities,” she said.


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