For the last few weeks, the Hulu streaming service has been bragging about being the first-ever home to livestreaming the Oscars. The audience for the Academy Awards has been on a steady decline for years — a whopping 50% in the last decade according to Bloomberg — and catering to cord cutters seemed to be a great way to get folks to tune into the biggest show celebrating cinema. Netflix has been incorporating more live-streaming events in recent years, and has been so successful that even major live-event programming like WWE has trusted them to be their new home. Hulu, as one of the banner properties of Disney, had a huge opportunity to prove that they too could hold their own with the clear winner of the streaming wars. Unfortunately, Hulu's Oscar streaming debut was an instant, embarrassing, and colossal failure.

Some folks, like /Film's own Jeremy Smithm were lucky enough to have...