The Big Short Just Upset The Revenant’s Oscar Hopes

In a stunning upset in the Oscars’ Best Picture race, financial crisis satire The Big Short won top honors at last night’s Producers Guild of America awards.

The Big Short — directed by Anchorman’s Adam McKay and whose producers include Brad Pitt — beat The Revenant, Spotlight, The Martian, Ex Machina, Straight Outta Compton, Sicario, Bridge of Spies, Brooklyn, and Mad Max: Fury Road to win the guild’s prestigious Darryl F. Zanuck Award.

Industry analysts have largely pegged The Revenant and Spotlight as the frontrunners for the Academy Award for Best Picture.

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