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Robert Redford Blames Oscars Snub on All Is Lost Distributor, Says They Didn't Campaign for the Film

Robert Redford, All is Lost Lionsgate

Despite being left out of this year's Oscar nominations, Robert Redford was all smiles at a press conference Thursday morning at the Sundance Film Festival.

The Hollywood veteran was considered a frontrunner in the Best Actor category for his role in All Is Lost, but wasn't nominated for his performance.

During the conference, Redford weighed in on why he and the film were excluded from the Oscars race.

"Let me speak frankly about how I feel about it. I don't want that to get in the way of why we're here," he said about the independent flick.

"I've been part of the Hollywood film industry for much of my career. I'm very happy about it. Hollywood is what it is. It's a business.

NEWS: See the other Oscar snubs!

"There's a lot of campaigning going on and it can be very political," he added.

Redford then blamed the film's distributor, Roadside Attractions (which is partially owned by Lionsgate), didn't give the movie the exposure that it needed to succeed.

"In our case, we suffered from little to no distribution. I don't know what they were afraid of. They didn't want to spend money or they were incapable."

He further explained, "We had no campaign to cross over into the mainstream."

Towards the end of the conference, Redford made it clear that he wasn't crushed by the Oscars snub.

"Would it have been wonderful to be nominated? Of course. I'm not disturbed by it or upset by it."

PHOTOS: Notable 2014 Academy Awards nominees

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