"Spotlight", "Big Short" win screenplay Oscars

Real-life inspired dramas "Spotlight" and "Big Short" triumphed in the best original and adapted screenplay Oscars at the 88th Academy Awards here.
The Tom McCarthy-directed "Spotlight", about Boston Globe's Pulitzer Prize-winning investigation of child sex abuse by Catholic priests, won Josh Singer and McCarthy trophies in the original screenplay category.
The film, featuring a stellar ensemble cast of Mark Ruffalo, Rachel McAdams, Michael Keaton, John Slattery, Liev Schreiber, Stanley Tucci, and Billy Crudup, revolves around the investigative team of Boston Globe reporters who relentlessly pursue the story even as they get constantly stalled by those in power.
McCarthy acknowledged the role of journalists in bringing out stories that matter.

"We made this film for all the journalists who have and continue to hold the powerful accountable and for the survivors whose courage and will to overcome is really an inspiration to all. We have to do, make sure this never happens again," McCarthy said while accepting his Oscar with Singer.
"Spotlight" beat off competition from "Bridge of Spies", "Ex Machina", "Inside Out" and "Straight Outta Compton".

"Big Short", based on the non-fiction 2010 book of the same name by Michael Lewis about the financial crisis of 2007-2008 that was triggered by the build-up of the housing market and the credit bubble, emerged winner in the adapted screenplay category.

Starring Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt, the film revolves around a group of traders who realise that they can benefit from the upcoming economic slum by creating a credit default swap market against the housing market.
Adam McKay and Charles Randolph took home the best adapted screenplay Oscar for their adaptation of the book by Lewis.
"Thank you so much to the Academy. Also thank you to Michael Lewis for writing an amazing book that inspired Charles and I so much," McKay said.