Take note, Oscar watchers: Over the weekend, "The King's Speech" scored an upset win over "The Social Network" at the Producers Guild Awards, vastly improving its chances of an Oscar win.
The Darryl F. Zanuck award went to producers Iain Canning, Emile Sherman and Gareth Unwin on Saturday night. "We thought we were the last ones in the running," Unwin said during his acceptance speech, according to Variety.
Since its first award show in 1990, the Producers Guild of America has gradually become an Oscar bellwether. The Zanuck award has diverged from the Oscar best picture award only 7 times in the last 21 years.
But awards season will continue this weekend with two more important events. One is th Director's Guild Award, on January 29, which nearly always predicts the best director Oscar -- and that award nearly always goes hand-in-hand with the best picture Oscar.
The next day, January 30, come the Screen Actors Guild Awards, which are handed out by actors, the largest branch of Oscar voters. The award for best ensemble cast has a good track record for the best picture Oscar as well.