Oscars: 'The Shape Of Water' wins Best Director, Best Picture

Hollywood braced for best

Hollywood braced for best

The Cold War fantasy film "The Shape of Water" is the victor of the best picture Academy Award. While receiving his award he said, "I want to dedicate this to the young film-makers; the youth who are showing [us] how things are done".

Overall, "The Shape of Water" has had an impressive haul this award season.

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Del Toro's win marks the fourth time in five years that a Mexican director has walked away with the best director awards.

Alfonso Cuarón won best director for "Gravity" in 2014, Alejandro Iñárritu won in both 2015 and 2016 for "Birdman" and "The Revenant", respectively. The film's studio, Fox Searchlight, has denied the allegations.

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"The Shape of Water" tells the story of a mute cleaning lady, Eliza (Sally Hawkins) who conspires with her gay friend and neighbour (Richard Jenkins) and her co-worker (Octavia Spencer) to rescue a muscular merman that is being held captive in a secret Cold War-era government laboratory.

Del Toro described his films to Reuters earlier this year as "fairytales for modern times". Director del Toro also picked up a Golden Globe back in January and a BAFTA.

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Despite stiff competition in one of the most unpredictable best picture races of recent memory, Guillermo del Toro's "The Shape of Water" took the top prize at Sunday's Academy Awards. He also won the Best Picture, and was nominated in the Original Screenplay category this year.

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