Last night, the Producers Guild of America bestowed their Best Picture honor and it created yet more confusion as to which movie will emerge victorious come Oscar evening. The PGA’s award went to Adam McKay’s The Big Short and it undoubtedly increases its chance at Academy Award glory exponentially.
Want proof? How’s this? Since the group started naming Best Picture in 1989, it has lined up with the Academy’s winner 19 out of 25 times (or 76% for you math fans). The Oscar and PGA recipients have correctly matched during the last eight years. The last time it didn’t was in 2006 when Little Miss Sunshine won over Academy honoree The Departed.
It’s probably fair to say that The Big Short is now the soft front runner in the race. That designation once belonged to Spotlight, which took home several critics awards precursors. The front runner status then shifted to The Revenant, which is killing it at the box office and was the Golden Globe winner for Best Drama. And now it’s The Big Short. Truth be told, this is a genuine three picture race for Oscar gold and up until yesterday, I had The Big Short running third. The PGA has shifted the paradigm.