Also, people that rate movies online may not be representative of the entire movie-watcher population, so that may be, in some cases, also not a very accurate measurement, unless you yourself are a typical movie rater.
In the gaming world, Call of Duty: Infinite Warfare got the most disliked trailer ever on YouTube, and still sold more than 13m copies. Somewhat similarly, logic-devoid, low-quality children movies can get as many dislikes as parents want, children will still watch them.
The point is that commercial success in a variety of industries is a result of a variety of factors, product quality is frequently not the most relevant.
That is: a restaurant owner can correctly say that another restaurant has excellent food and service without that being an endorsement of the restaurant's ability to survive as a business.
I would disagree with the loose correlation point. Although it's just one component of a restaurant's broader strategy for success, quality is undoubtedly crucial. While in Times Square, I would doubt you would blindly choose any restaurant without considering food and service quality.
Also, I would say that while a restaurant owner can correctly evaluate another, it's not necessary implied that specifically an award winner has proven that the unbiased opinions of others put them in this position.