"In 40 years in this business, I've never seen a debacle like 'Emilia Pérez,'" said one longtime Hollywood insider who has worked on many Oscars campaigns.

Netflix is distancing itself from "Emilia Pérez" star Karla Sofía Gascón in an effort to salvage the film's Oscar prospects.

Netflix has distanced itself from Karla Sofía Gascón following backlash over past social media posts that were deemed Islamophobic and racist