John Legend performs on stage at last year's Oscars. Photo: Mark Ralston / AFP via Getty Images

Ahead of tonight's 8pm ET show, read a debate in today's L.A. Times Calendar section on whether Hollywood's biggest night still matters.

Yes ... L.A. Times film critic Kenneth Turan:

  • "Having a more representative [Academy] electorate undoubtedly contributed to this year's nominations. In years past, it is hard to imagine as creature feature-based an item as 'The Shape of Water' leading all comers with 13 nominations."
  • "And equally hard to imagine having the thoroughly genre 'Get Out' and the scathing 'Three Billboards Outside Ebbing, Missouri' gradually emerging as possible upset winners."
  • Why they matter: "Having top contenders that are plugged into the zeitgeist has given the Oscars as much relevance as they have ever had in recent years."

No ... L.A. Times senior writer Jeffrey Fleishman:

  • "They are not hip or clever enough to draw in the young, and they don't honor enough blockbuster titles to entice the popcorn set. The show's political asides, ... fail to capture, even though they will jab at them, the deeper currents of our visceral #hashtag times."
  • "The decline in viewership is in part a symptom of an atomized entertainment universe that has grown from a handful of channels to Netflix, Amazon, YouTube."
  • If you only read one paragraph: "There has been a shift ... in the cult of celebrity. Selfies, Instagram and YouTube have made us our own celebrities; the real ones posing beside us at film premieres and restaurants have become extras in our videoed romans à clef. They don't seem as otherworldly as they once did. Notions of fame have been reinvented, and the audience has become the star in an endless loop of blurred lines."

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Scoop: Mike Bloomberg's anti-chaos theory

CNN's Anderson Cooper questions Joe Biden last night at a drive-in town hall in Moosic, Pa., outside Scranton. Photo: CNN

Mike Bloomberg's $100 million Florida blitz begins today and will continue "wall to wall" in all 10 TV markets through Election Day, advisers tell me.

Why it matters: Bloomberg thinks that Joe Biden putting away Florida is the most feasible way to head off the national chaos we could have if the outcome of Trump v. Biden remained uncertain long after Election Day.

Biden's hardline Russia reset

Photo Illustration: Eniola Odetunde/Axios. Getty Images photos: Mark Reinstein

When he talks about Russia, Joe Biden has sounded like Ronald Reagan all summer, setting up a potential Day 1 confrontation with Russian President Vladimir Putin if Biden were to win.

Why it matters: Biden has promised a forceful response against Russia for both election interference and alleged bounty payments to target American troops in Afghanistan. But being tougher than President Trump could be the easy part. The risk is overdoing it and making diplomacy impossible.