Nicole Kidman and Jeff Bezos mingled at Chanel’s 17th annual Oscars bash in Beverly Hills, where Teyana Taylor joked about not sleeping pre-ceremony. The event underscored Hollywood’s dual focus on glitz and high-stakes business deals, including Netflix CEO Ted Sarandos’ exit from the industry and the $111 billion acquisition of Warner Bros. Discovery by Paramount Skydance.

Sarandos, who stepped down as Netflix co-CEO, called the move “practical,” while attendees debated whether “One Battle After Another” or “Sinners” would win Best Picture. Mick Jagger praised “Train Dreams”, and Samuel L. Jackson reflected on late designer Giorgio Armani’s legacy at his namesake’s Rodeo Drive party.