Two films come out of the fall festivals as Best Picture frontrunners

With Venice, Telluride and TIFF wrapped, IndieWire lists “La Bola Negra” and “Wild Horse Nine” among the films emerging as Best Picture frontrunners. Frontrunner status in September is a claim about momentum — festival reception and the shape of a campaign — rather than a result. The fall circuit sets the field; awards season is what eventually sorts it.