New Delhi, March 18 -- The 98th Oscars hosted by Conan O'Brien saw a dip in ratings after several years of gains. The Walt Disney Co. on Tuesday said that just under 17.9 million viewers tuned into Sunday's show, which aired live on ABC and was streamed on Hulu.

The ratings are down 9% from last year's post-pandemic high of 19.7 million viewers who tuned in for O'Brien's inaugural year as host, when "Anora" swept the awards. The show also yielded a more significant 14% decline from last year in viewership from adults aged 18-49.

Sunday's Oscars saw a showdown between two Warner Bros. films, "One Battle After Another" and "Sinners," with the former winning best picture and director. Michael B. Jordan won best actor for "Sinners," the mos...