Showing posts with label The Big Short. Show all posts
Showing posts with label The Big Short. Show all posts

Monday, February 29, 2016

Analyze This: Why "Spotlight" Beat "The Revenant" And "The Big Short" To Win Best Picture


The Big Short | Trailer | Paramount Pictures UK

Mon Feb 29 09:00:00 EST 2016

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Well, that was exciting. Going into yesterdays Oscars, most prognosticators were predicting and expecting The Revenant to win Best Picture it was a huge hit, took the BAFTA and the DGA (the guild that most often lines up with Best Picture), and was widely expected to win Best Actor and Best Director, which it did. Those that werent backing Alejandro Gonzalez Inarritus film tended, like ourselves, to predict that The Big Short was best placed for the big prize, having taken the PGA Award.

But instead, in one of the more pleasing curveballs in recent Oscar memory, the Best Picture trophy went home to the makers of Spotlight, Tom McCarthys sober, understated drama about the Boston Globe reporters who helped reveal systematic cover-ups of child abuse in the Catholic Church in the city (and elsewhere). A few astute prognosticators had backed it (aided by its wins with the SAG), but not many, and given that before it won Best Picture last night, the film had only won one other award, even they must have been feeling shaky. So what happened? How did the dark horse triumph over its bigger competitors?

READ MORE: Oscars 2016: "Spotlight" Wins Best Picture, "The Revenant" Takes Best Director & Actor, "Mad Max: Fury Road" Wins 6

Its a complicated question, but the simplest answer is: the preferential ballot. Introduced in 2009, the new system asked voters not just to pick their favorites, but to rank all of the Best Picture nominees (this year, from 1-8). If a movie gets over half of the first-choice votes, it wins, simply enough. But if no film has a majority, the movie with the least number of first choice picks (lets say for sake of argument this year that it was Bridge Of Spies) is eliminated.

The accountants then take all the ballots that had Bridge Of Spies in first, and redistribute them according to the second-place votes. Assuming no movie is now over the 50% barrier, the movie with the next fewest votes (Brooklyn, say) is eliminated, and their votes redistributed (If a Brooklyn ballot had Bridge Of Spies in second, they go by their third place vote). And so on and so forth. This video by The Wraps Steve Pond probably helps explain things better with some visual aids.

In general, it means that unless theres a runaway favorite and thats increasingly unlikely in an extended Best Picture field the system is skewed against divisive fare, and favors those that are consensus favorites, movies that might not have got the most first place votes, but stacked up plenty of second and third place ones as well.

READ MORE: Interview: Tom McCarthy Talks "Spotlight," State Of Journalism, "The Wire" & More

It was the logic that saw me predicting The Big Short the PGA are the only guilds who use the preferential ballot system but in the end it was Spotlight that benefited. And its not difficult to wonder why. The Revenant turned off as many as it turned on: for every person that found it bravura and powerful, there was another that saw empty showboating and b****y violence. Some loved flippant, fleet-footed take on a dense subject presented in "The Big Short," while others found it labored and uneven. But Spotlight felt widely loved, or at least widely liked: even those who didnt find it the best of the year respected the films understated tone and quiet emotion.

There were likely other things that helped it build up the broadest group of support. Actors are the largest branch of the Academy, and Spotlight is a movie with a large ensemble cast full of actors actors, long-serving, oft-undervalued character actor types. That factor also helped win it the SAG ensemble prize, and likely this that helped it vault over The Revenant (mostly a one-man show), and The Big Short, which also deploys a large cast, but one arguably more driven by big-name movie stars.

Oscar voters also often like a subject that makes them feel good for voting about it, and Spotlight tackles an important one. Whereas Room might have felt too bleak for some voters, for instance, McCarthys film has the right amount of uplift at the end, showing a shocking conspiracy but ultimately seeing it bested, and demonstrating the change that came from it. Like Schindlers List or 12 Years A Slave, which also grapple with difficult subject matter, theyre also stories of hope amidst inhumanity, and that plays well with voters. And thus, the quiet triumph of "Spotlight" resonated more than the revenge driven narrative of The Revenant (however much its filmmakers talk about climate change and highlighting indigenous peoples, they felt attached to the story rather than inherently part of it), or the more ambivalent conclusion of The Big Short, which ends with the corrupt institution essentially prevailing, and our "heroes" getting very rich off the misery of others.

All this presumably saw Spotlight topping plenty of ballots, but also crucially coming second, third or fourth on those that preferred other nominees. Its the same thing that ultimately benefited Argo, The Kings Speech, The Artist and more: the important thing to remember is that the Best Picture winner isnt the most liked film, but the film thats liked the most.

This article is related to: Features, Features, Feature, Awards, Awards, Academy Awards, Academy Awards, Oscars, Spotlight, The Big Short, The Revenant

Source: http://blogs.indiewire.com/theplaylist/analyze-this-why-spotlight-beat-the-revenant-and-the-big-short-to-win-best-picture-20160229

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Oscar snubs include "The Big Short," Sylvester Stallone and yes, "Star Wars: The Force Awakens"


THE BIG SHORT Movie CLIP # 1

"The Big Short" should have seen its stock rise higher.

As deserving as best picture winner "Spotlight" is for the honor, a good case could have been made to honor the dramedy about the 2008 financial crisis.

"SPOTLIGHT" WINS BEST PICTURE, LEO TAKES HOME FIRST OSCAR

Oscar-winning screenwriters Adam McKay and Charles Randolph managed to turn complex economic jargon and potentially unlikeable characters into an engaging, funny film. Academy voters should have invested themselves more heavily in a film that stands out for its originality.

Sylvester Stallone had been the heavy favorite going into the night for the best supporting actor nomination. But instead he was knocked out by underdog Mark Rylance"s witty, understated turn as a Russian spy in "Bridge of Spies."

10 BEST OSCAR MOMENTS

That"s a shame, because "Creed" works so well thanks to Stallone"s willingness to play his signature character, Rocky Balboa, with more vulnerability than we ever knew he could manage.

Actually, the biggest snub in the category happened a month and a half ago - back when the Oscar nominations first revealed that Idris Elba didn"t make the cut for his turn as a brutal African warlord in "Beasts of No Nation."

His omission may have been the most glaring example of the lack of diversity in the film business that inspired the #OscarsSoWhite movement. But just as likely it was a result of a different bias: industry insiders refusing to recognize a Netflix film when the streaming site is vexing traditional exhibitors.

CHRIS ROCKS BEST JOKES FROM OSCARS NIGHT

For the few who bothered to watch all five nominees in the live action short category, it"s (ahem) shocking that "Shok" didn"t win. It"s an emotionally devastating saga of two kids struggling to survive the Kosovo War that haunts viewers long past its 20-minute run time.

Not even this light-saber wielding nerd can argue that "Star Wars: The Force Awakens" deserved a best picture nomination, but it"s glaring that the biggest box office hit in North American history couldn"t even get one measly statuette.

JOE BIDEN PLEADS FOR END OF RAPE CULTURE AT OSCARS BEFORE INTRODUCING LADY GAGA

With all due respect to the artisans who fueled "Mad Max: Fury Road," wasn"t there at least a sound mixing or sound editing Oscar to be shared? And did the clever indie "Ex Machina" really have better visual effects than the ones produced by the programmers who piloted the Millennium Falcon back to the big screen?

It"s another sign that the Academy doesn"t always appreciate the popcorn-flavored tastes of the ticket-buyers who subsidize their movies.

Disney and director J.J. Abrams, however, can console themselves by counting every dollar of the $2 billion the latest installment of the most powerful sci-fi franchise in the universe has grossed worldwide to date.

Tags: oscars , the big short , sylvester stallone , star wars , star wars: the force awakens , mark rylance

Source: http://www.nydailynews.com/entertainment/movies/oscar-snubs-include-big-short-sylvester-stallone-article-1.2547266

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"reThinking" The Big Short


The Big Short | Trailer | Paramount Pictures UK

The critically acclaimed, now Oscar-winning film The Big Short has helped form the impression among the American people that the private sector caused the financial crisis. But does this impression align with the facts? Is the 2008 crisis a relatively straightforward, moralistic tale of Wall Street greed and human foibles run amok? Or are government institutions and policies equally or more to blame?

I lay it all out for you in the below video, reThink The Big Short and the 2008 Financial Crisis. Take a look.

Source: http://www.aei.org/publication/rethinking-the-big-short/

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