How Oscar winner ‘The Shape of Water’ was made for just $20 million

In November, MarketWatch and Dow Jones Media Group hosted an exclusive advance screening of Guillermo del Toro’s new Fox Searchlight film, “The Shape of Water,” and afterward held a Q&A with producer J. Miles Dale. Dale, who previously partnered with del Toro on “Mama” and the FX/Fox television series “The Strain,” spoke about the film’s financing, an unexpected accident on set and how he hopes to build momentum for the film’s platform release during award season.

“The Shape of Water,” a hybrid monster-fantasy-love story starring Sally Hawkins and Doug Jones, won the Golden Lion at the Venice Film Festival in September, and won Golden Globe awards Sunday for best director — Guillermo del Toro — and best original score, and has been nominated for 13 Academy Awards, including Best Picture.

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