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The Big Short takes top prize at Producers Guild Awards

The Big Short

Story by Jack Foley

FINANCIAL comedy-drama The Big Short has taken the top prize at the Producers Guild Awards in America, reviving its Oscar hopes.

Released in the UK this weekend, the film stars Christian Bale, Steve Carell, Brad Pitt and Ryan Gosling as the brokers who made millions betting that the US housing market would collapse.

It is up for five Oscars in total, including best director (for Adam McKay), best supporting actor (Bale) and best adapted screenplay.

The Producers’ Guild award is significant because last year’s winner, Birdman, went on to claim the best picture prize at the Academy Awards. And in response, some bookmakers have now made The Big Short favourite to take the Oscars’ top prize.

The film beat other awards favourites The Revenant and Spotlight to the top prize.

Further awards were bestowed upon Pixar’s Inside Out, as best animated film, and Asif Kapadia’s Amy, which was named best documentary.

Fargo, Transparent and Game of Thrones were among the television programmes honoured at the event, which was held at the Hyatt Regency Century Plaza Hotel in Los Angeles’ Century City district.

Interestingly, a large number of the PGA’s 7,000 members are also Oscar voters, prompting many to see its annual awards as a significant indicator of how the Oscar chips will fall.