Winners of the 1998 Academy Awards
| Category | Winner | Distributor | Gross ($M) |
| Picture | Shakespeare in Love | Miramax/Universal | 73.2 |
| Director | Steven Spielberg, Saving Private Ryan | DreamWorks/Paramount | 210.2 |
| Actor | Roberto Benigni, Life is Beautiful | Miramax | 36.0 |
| Actress | Gwenyth Paltrow, Shakespeare in Love | Miramax/Universal | 73.2 |
| Supporting Actor | James Coburn, Affliction | Lions Gate | 4.8 |
| Supporting Actress | Judi Dench, Shakespeare in Love | Miramax/Universal | 73.2 |
| Original Screenplay | Shakespeare in Love | Miramax/Universal | 73.2 |
| Adapted Screenplay | Gods and Monsters | Lions Gate | 4.7 |
| Art Direction | Shakespeare in Love | Miramax/Universal | 73.2 |
| Cinematography | Saving Private Ryan | DreamWorks/Paramount | 210.2 |
| Costume Design | Shakespeare in Love | Miramax/Universal | 73.2 |
| Editing | Saving Private Ryan | DreamWorks/Paramount | 210.2 |
| Foreign Language Film | Life is Beautiful | Miramax | 36.0 |
| Makeup | Elizabeth | Gramercy | 27.9 |
| Musical or Comedy Score | Shakespeare in Love | Miramax/Universal | 73.2 |
| Dramatic Score | Life is Beautiful | Miramax | 36.0 |
| Song | "When You Believe", The Prince of Egypt | DreamWorks | 98.4 |
| Sound | Saving Private Ryan | DreamWorks/Paramount | 210.2 |
| Sound Effects Editing | Saving Private Ryan | DreamWorks/Paramount | 210.2 |
| Visual Effects | What Dreams May Come | Polygram | 55.4 |
| Documentary Feature | The Last Days | October | 0.3 |
| Documentary Short | The Personals | ||
| Short - Animated | Bunny | ||
| Short - Live Action | Election Night |
Last Updated : March 22, 1999
Written by Gitesh Pandya