The world of films relates to your creative impulses, and the Academy Awards in a dream reveals a powerful desire to be recognized for your gifts and talents in a very public way. This may be an over- inflation of self-worth to make up for feelings of inadequacy or a very real need to make yourself more visible in your world. [1]
If the famous people were ignoring you in your dream, it’s a sign that you need to reduce your obligations and activities, and focus on what’s really important to your heart.
If the dream was negative (upsetting or scary), this may be a warning of false friends.
If you won an award in the dream, it’s a sign that your friendships are reliable. [2]
2. If one is up for the award but does not win, then this may confirm one’s feelings of inadequacy. [3]