‘Spotlight’s Oscars victory could be a game-changer for Open Road Films

Los Angeles Times

Ryan Faughnder and Daniel Miller

20th Century Fox and Warner Bros. led their studio rivals at the Oscars on Sunday, thanks to robust showings from “The Revenant” and “Mad Max: Fury Road.”

Fox’s “The Revenant” took home three of the top prizes at the 88th Academy Awards: lead actor (Leonardo DiCaprio), director (Alejandro G. Iñárritu) and cinematography (Emmanuel Lubezki). Warner Bros.’ “Mad Max: Fury Road” scored six technical awards.

However, in a mild surprise, Open Road Films grabbed the biggest award of the evening — best picture — for the journalism drama “Spotlight.” The Tom McCarthy-directed picture also took home the Oscar for original screenplay. Open Road, a distributor based in Los Angeles, is co-owned by cinema chains AMC Entertainment and Regal Entertainment Group.

“Spotlight,” produced by Anonymous Content and Rocklin/Faust, and financed by Participant Media, represented the first best picture victory for Open Road, which was founded in 2011. “Spotlight” has grossed $62 million worldwide, according to Box Office Mojo.

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