They didn't hate it. It's just not regarded as all it was cracked to be at the time. And Oscars are strictly a Hollywood thing. Critics don't get a vote.
Yes, but frankly, "Hollywood" tends to be much closer to critics in what it thinks is great than to the "masses".
I think you're confusing the "its" - you seem to be talking about Paris when I was talking about Rain.
They didn't hate either. But at the time, they seemed to prefer Paris.