2018 Oscar winners and analysis: ‘The Shape of Water’ takes down ‘Three Billboards’ for Best Picture, comes away with 4 awards overall

The 90th Annual Academy Awards were held on Sunday night, March 4, hosted for the second year in a row by Jimmy Kimmel. The Emmy winning comedian and host of “Jimmy Kimmel Live” impressed with his hosting duties in 2017, but that ceremony is probably best remembered for its twist ending: “La La Land” was announced as the winner for Best Picture, but minutes later it was revealed that the wrong winner had been announced and that “Moonlight” was the rightful victor. Was the 2018 Best Picture outcome just as shocking? Scroll down for our live updating report and analysis of the winners as they happened.

Three Billboards Outside Ebbing, Missouri” was the front-runner for Best Picture going into Oscar night after winning top prizes at the Golden Globes, SAG Awards and BAFTAs. But close behind was “The Shape of Water,” the winner at the Producers Guild, Directors Guild and Critics’ Choice Awards. And don’t forget “Get Out,” which won the Independent Spirit Award just like five of the previous six Oscar winners for Best Picture.

So what happened on Oscar night, and how can we make sense of it all? Follow along below for our take on all the winners as they were announced. (All times listed are Eastern.)

8:00pm — Let the games begin!

8:15pmSam Rockwell wins the first award of the night: Best Supporting Actor for “Three Billboards Outside Ebbing, Missouri.” This was his first nomination and win, and he had to get past his co-star Woody Harrelson. But Rockwell had already won a Golden Globe, SAG Award, Critics’ Choice Award and BAFTA, so this victory came as little surprise. He was the overwhelming front-runner according to our racetrack odds. “You guys rock!” said Rockwell to his fellow nominees while accepting his awards. “My mom and dad’s love of movies became my love of movies.” He also wished to thank “anyone who has looked at a billboard.” And in the end he dedicated the prize to his “old buddy Phil Hoffman.” Watch our interview with Rockwell from earlier this season here.

8:25pm — “Darkest Hour” claims Best Makeup and Hairstyling, another expected win. It was up against “Wonder” and “Victoria and Abdul,” which had few other Oscar nominations. The prize went to David Malinowski, Lucy Sibbick and Kazuhiro Tsuji, the last of whom came out of retirement to make the film. And that makeup is expected to help Gary Oldman win Best Actor later in the evening. Watch our interview with Tsuji here.

8:31pmMark Bridges wins Best Costume Design for “Phantom Thread,” his second win in three nominations following his victory for “The Artist” (2011) The film is all about a fashion designer, who it’s understandable that its “Phantom” threads would take this award. So far all three prizes that have been handed out have gone to the overwhelming front-runners, but we haven’t gotten to any races that were considered especially close yet, so stay tuned!

8:39pm — In what was a fairly close race for Best Documentary Feature, Netflix’s “Icarus” pulled off a bit of an upset against the presumed front-runner “Faces Places” by legendary filmmaker Agnes Varda, who received an Honorary Oscar last fall. “Icarus” tells the story of the Russian athletic doping scandal and undoubtedly struck a chord during the month of the 2018 Winter Olympics and amid scandal about Russian interference with the 2016 US presidential election. Watch our interview with “Icarus” filmmakers Bryan Fogel and Dan Cogan here.

8:58pmRichard King and Alex Gibson win Best Sound Editing for “Dunkirk,” as widely expected. The World War II drama also won Best Sound Mixing for Gregg Landaker, Gary A. Rizzo and Mark Weingarten. It was strange, then, that the stars of “Baby Driver,” Ansel Elgort and Eiza Gonzalez, were made to present the awards that their own film was losing. It’s always an uncomfortable moment. I don’t know why awards producers do that. Nevertheless, this was a historic win for Richard King, who is now the most awarded sound editor in Oscar history.

9:08pm — “The Shape of Water” takes its first award of the night, Best Production Design, another victory we were expecting despite a strong challenge from “Blade Runner 2049.” The winners are all first-time contenders: Paul D. Austerberry, Shane Vieau and Jeffrey A. Melvin. The film had also won Best Production Design at the BAFTA Awards, Critics’ Choice Awards and Art Directors Guild Awards.

9:23pm — “A Fantastic Woman” wins Best Foreign Language Film. It’s the first Chilean film ever to win and only the second to be nominated. It’s even more groundbreaking for telling the story of a transgender woman with a trans actress (Daniela Vega) in the leading role. “This is an amazing gift,” says director Sebastian Lelio upon accepting the award.

9:27pm — After seven Emmys, Allison Janney won her first Oscar on her first try. She prevailed for her role as Tonya Harding‘s abusive mother in “I, Tonya.” She had won Best Supporting Actress at the Golden Globes, Critics’ Choice Awards, SAG Awards and BAFTAs, so she had been the overwhelming favorite to win, though the early front-runner was Laurie Metcalf (“Lady Bird”). “I did it all by myself,” joked Janney upon accepting the award. When she went into her real “Thank yous,” she singled out screenwriter Steven Rogers for writing the role with her in mind.

9:37pm — “Dear Basketball” wins Best Animated Short. It’s the first win for animated Glen Keane and basketball player Kobe Bryant. Keane has been a longtime animator, but this was his first ever Oscar nomination and win.

9:40pm — “Coco” wins Best Animated Feature. It was the overwhelming favorite to win. The prize goes to director Lee Unkrich and producer Darla K. Anderson. Unkrich previously won Best Animated Feature for “Toy Story 3” (2010) while Anderson was a Best Picture nominee for “Toy Story 3.” “Marginalized people deserve to feel like they belong,” says Unkrich upon accepting the award. “Representation matters.”

9:53pm — “Blade Runner 2049” wins the war against “Planet of the Apes” for Best Visual Effects. The honored effects artists are John NelsonGerd NefzerPaul LambertRichard R. Hoover. Could this be good news for Roger Deakins for Best Cinematography? Those two awards have gone together multiple times in recent years, and Deakins is long overdue after 14 nominations and no wins.

9:56pm — “Dunkirk” claims its third award of the night, Best Film Editing for “Dunkirk.” Editor Lee Smith wins for the first time following previous bids for “Master and Commander: The Far Side of the World” (2003) and “The Dark Knight” (2008). “I’m an editor, I should be able to do this very quickly,” said Hall as time was running out for his speech. Hall had previously won ACE Eddie and Critics’ Choice Awards for his cutting of “Dunkirk,” though “Baby Driver” did pull off an upset at the BAFTAs, which made this race a bit of a nail-biter.

10:13pm — “Heaven is a Traffic Jam on the 405” wins Best Documentary Short in an upset against the presumed front-runner “Edith+Eddie.” Director Frank Stiefel is a first-time winner and first-time nominee. The film profiles mentally ill artist Mindy Alper.

10:18pm — “The Silent Child” is another surprise winner, prevailing for Best Live Action Short over “DeKalb Elementary.” The award goes to director Chris Overton and writer-producer-star Rachel Shenton. The film tells the story of a deaf child torn between a caretaker who teaches her to sign and a family that wants her to read lips.

10:32pmJames Ivory wins Best Adapted Screenplay for “Call Me by Your Name.” This is his first Oscar win and fourth nomination following bids for directing “A Room with a View,” “Howards End” and “The Remains of the Day.” At age 89, Ivory is the oldest competitive Oscar winner in history. The film is based on the novel by Andre AcimanWatch our interview with Ivory here.

10:37pmJordan Peele wins Best Original Screenplay for “Get Out.” This was one of the closest races of the year; Peele was up against Greta Gerwig (“Lady Bird”) and Martin McDonagh (“Three Billboards Outside Ebbing, Missouri”). Peele isn’t the first black writer to win an Oscar, but he is the first to win Original Screenplay. Does this give “Get Out” the edge for Best Picture? The last five Best Picture winners have won a writing award.

10:48pm — Roger Deakins FINALLY wins an Oscar and gets a well-deserved standing ovation from the audience. He had been nominated 14 times spanning more than 20 years. “I really love my job. I’ve been doing it a long time as you can see,” he said upon accepting the award. Given how beautiful his work has been over the years and how long he had waited for recognition, this may be the most satisfying victory of the night.

10:59pmAlexandre Desplat wins his second Oscar for Best Original Score thanks to his compositions for “The Shape of Water.” He won his first prize for “The Grand Budapest Hotel” (2014) on his eighth try. This is his ninth nomination overall. “The Shape of Water” has now won twice for the night in addition to its earlier victory for Best Production Design. Watch out interview with Desplat here.

11:03pm — “When you look at a category like ours it helps you imagine a world where all categories look like ours,” said Kristen Anderson-Lopez upon accepting Best Original Song for “Remember Me” from “Coco” along with her husband and co-writer Robert Lopez. Anderson-Lopez was noting the gender and ethnic diversity in their category. Robert Lopez added, “This is for my mom who passed away. Everyone who knew her will always remember her.” These songwriters previously won this category for “Let it Go” from “Frozen.”

11:14pmGuillermo Del Toro wins Best Director for “The Shape of Water” in one of the more expected outcomes of the night. “I am an immigrant … like many, many of you,” says Del Toro, citing fellow Mexican Best Director winners Alejandro Gonzalez Inarritu (“Birdman” and “The Revenant”) and Alfonso Cuaron (“Gravity”). He adds that movies “erase the lines in the sand … when the world tells us to make them deeper.”

11:24pmGary Oldman wins Best Actor for “Darkest Hour.” This is the second win for the film and the first ever win for Oldman, who received a standing ovation from the audience. “I owe this and so much more to so many. I’ve lived in America for the longest time,” he said, and and is grateful for the “wonderful gifts it has given me.”

11:33pmFrances McDormand wins Best Actress for “Three Billboards.” This is her second win and fifth career nomination. She previously won Best Actress for “Fargo” (1996). “I’m hyperventilating, so if I fall over pick me up because I’ve got some things to say.” She feels like “Chloe Kim after she did back-to-back 1080s in the half-pipe.” She asks all the female nominees in the room to stand: “Look around … we all have stories to tell and projects we need financed.”

11:46pm — “The Shape of Water” takes the top prize of the night: Best Picture. That brings its total for the night to four  awards. Director Del Toro wins again as a producer along with J. Miles Dale. Del Toro made sure to double-check the envelope after Faye Dunaway and Warren Beatty read the result. Steven Spielberg told Del Toro that if he won, “Remember that you are part of a legacy … and be proud of it.” “The Shape of Water” managed this victory despite losing the Golden Globe and BAFTA Award to “Three Billboards.” It’s also the first Best Picture winner without a corresponding SAG nomination for its ensemble cast since “Braveheart” (1995).

More News from GoldDerby