Oscar predictions PANIC: Pete Hammond and Tom O’Neil on the cliffhanger Oscar Best Picture race

“We’re drowning! We’re drowning!” Pete Hammond (Deadline Hollywood) wails playfully in our chat (watch above or here) as we admit that we’re awash with mystery, suspense and conflicting tea leaves when sizing up the Oscar race for Best Picture.

Three movies have the best shot: “Spotlight” (which won Best Ensemble at the SAG Awards), “The Big Short” (PGA champ) and “The Revenant” (DGA victor) – but which one will prevail on Feb. 28?

The winner will be decided by the academy’s kooky preferential ballot that asks voters to rank their top five choices out of eight nominees. Theoretically, a contender can fail to have the most #1 votes, but triumph with more #2 or #3 rankings.  

“We’re looking for the film that has the most consensus support,” Pete notes. “That’s what I’m looking at and I keep changing my mind.”

Watch Anne Thompson and Tom O’Neil on the Oscars’ wacky Best Picture race (video)

Tune in to our chat as Pete and I go carefully through the three alternatives, giving the plusses and minusses. No doubt you’ll change your own mind often along the way, too.

BELOW: An option to listen to our chat as an audio podcast. Do a search for GoldDerby at iTunes music store to subscribe to our free podcast series.


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