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Producer’s Guild names “No Country for Old Men” Best Picture

No Country for Old Men
The increasingly meaningful Producer’s Guild Awards were held last night at the Beverly Hilton Hotel in Los Angeles without any interruptions from actress Sean Young.

No Country for Old Men” won best picture, a week after winning Best Director at the Directors Guild. 11 out of the last 18 PGA choices for Best Picture have also won Oscar.

In the past three years the PGA has awarded films that didn’t win Oscar. Last year’s “Little Miss Sunshine” won the PGA while “The Departed” won the Oscar and in 2006, the PGA awarded “Brokeback Mountain“and not Academy Award winner “Crash” and in 2004, the PGA gave its Best Picture award to “The Aviator” while Oscar preferred Clint Eastwood’sMillion Dollar Baby.”

“No Country” has grossed $53 million in box office to date. Miramax projects that its final take will be $70 million. Box Office Psychics projects that an Oscar win will propel “No Country for Old Men” to above $80 million in theatrical box office domestically. And this doesn’t take into account the push that an Oscar will give the film on DVD and with regard to international box office and of course TV sales and library value.

The film’s budget was $25 million and some estimate about $15 million was spent on awards campaigning.

Other PGA winners: “Ratatouille” (best animated film), “Sicko” (best documentary), “30 Rock” (best TV comedy), “The Sopranos” (best TV drama), “Bury My Heart at Wounded Knee” (best long-form TV), “Planet Earth” (best nonfiction TV program).

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