Now that we've seen the lists of nominees for Golden Globes and SAG Awards, it's time for Pete Hammond (Deadline) and me to make a fresh appraisal of where the Oscar derby stands.
We strongly agree on one shocking possibility. Despite those cries of "Leo's got the Oscar in the bag!" echoing across Hollywood and the blogosphere, Bryan Cranston is a formidable threat to DiCaprio thanks to the power of "Trumbo" as a smartly crafted Hollywood (and Oscar) tale. Meantime, over in the Best Actress race, Brie Larson ("Room") seems to be pulling even further out front.
In terms of the Best Picture contest, "Spotlight" is either sitting pretty or in serious trouble, depending on how you read those Globe and SAG tea leaves.
Watch Pete and my latest pundit smackdown below. Or listen to the audio podcast version. Do a search for Gold Derby at iTunes to subscribe to our podcast series.