A few months back, we had our first look at Naomi Watts as Princess Di in the first trailer for the once-thought to be Oscar contender. However with its lack of festival play and studios lack of interest in sweeping it up (it was eventually picked up by the very unknown Embankment Films), it’s Oscar chances seem to be disintegrating by the day.

Whether this means Watts won’t be earning the nomination that so many people expected her to garnish from this is unclear but it does mean a resounding lack of faith in the product they are pedaling. Take a look at the trailer and see if you think that Watts still has a shot at a nom.

Diana is directed by Oliver Hirschbiegel and stars Naomi Watts and Naveen Andrews. Although it is still without an official release date, it’ll be sure to hit theaters in the thick of this year’s Oscar season.

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