By Francisco Salazar (staff@latinospost.com) | First Posted: Jan 16, 2014 08:46 PM EST
Tags oscars

Robert Redford has blamed Lionsgate for the Oscar snub he received on Thursday morning when the Oscar nominations were officially announced.

Once believed to be a front-runner for the Academy Award for Best Actor, Redford's name was no where to be found on the nomination list. Many lauded the actor for not only managing to create a compelling narrative in "All is Lost" on his own, but also without dialogue.

Redford did not blame the Academy for ignoring his performance, but put the blame on the lack of a campaign for his performance and the film in general. During the opening press conference at the Sundance Film festival he said, "Let me speak frankly about how I feel about it. I don't want that to get in the way of why we're here. I've been part of the Hollywood film industry for much of my career. I'm very happy about it. Hollywood is what it is. It's a business."

He continued, "There's a lot of campaigning going on and it can be very political. In our case, we suffered from little to no distribution. I don't know what they were afraid of. They didn't want to spend money or they were incapable. We had no campaign to cross over into the mainstream."

However, he said he had no hard feelings and was still proud of the film. He said, "Would it have been wonderful to be nominated? Of course. I'm not disturbed by it or upset by it."

"All is Lost" premiered at the Cannes Film Festival where it scored rave reviews. However, the movie failed to land a great box office nationwide and only made $6.4 million nationwide. The film, however, obtained one nomination in a sound category.

The Academy Awards will be handed out on March 2 at the Dolby Theater.

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