The ad is supposed to get people thinking about fish and how thousands upon thousands of them are suffocated daily!
At the end of the ad, it asks for people to go vegan, because the more vegans there are, the less demand there is for fish.
"Capitalizing on the buzz surrounding Phoenix's critically acclaimed performance in The Master, PETA moved to place the ad during the Academy Awards, but ABC deemed the video to be too political and controversial to run during the broadcast."
We guess when people are trying to celebrate celebs and their achievements, the last thing they wanna see is one of those celebs drowning.
Just because it's not airing during the Oscars, doesn't mean it won't be allowed on TV.
It's apparently going to air during Jimmy Kimmel Live!'s post-Oscars show.
We wonder what the general public reaction to the ad will be…
Guess we'll have to wait until after the Oscars!
Check out the video (above) to see the Oscar banned ad!