In recent years, with both the increased production and waning interest of major studio sequels, more and more independent films have been at the forefront of major award wins with upset Best Picture Oscar wins for "Spotlight" at the 2016 awards, "Moonlight" at the 2017 awards, "Parasite" at the 2020 awards and "Nomadland" at the 2021 awards had, and continues to have, a major impact on box office intake on major studio films in the present era.