The Producers Guild of America, just one of the many guilds that hands out awards as a run-up to the Oscars, has named their ten nominees for the "Outstanding Producer of Theatrical Motion Pictures," which is basically their picks for Best Picture. The producers are typically a somewhat reliable predictor of Oscar nominees, though they tend to embrace blockbusters and big movies a little more frequently; as a result, the list includes the year's highest grossing film (Toy Story 3) and the fifth-highest (Inception), as well as a modest hit with limited Oscar prospects (The Town).

Below is the full list, and below that, a little analysis about what it all might mean for the ongoing Oscar race.

127 Hours

Black Swan


The Fighter

The Kids Are All Right

The King's Speech

The Social Network

The Town

Toy Story 3

True Grit

There are no particular outliers on this list-- even The Town, with relatively few other nominations among other precursors, is hovering just outside the Best Picture 10-- but some notable snubs, including small indies like Winter's Bone, Blue Valentine, Rabbit Hole and Another Year. It's not all about the box office either-- 127 Hours has been underperforming since its release in October and is perceived to be dropping in terms of buzz.

The Producers aren't the only guild who'll make their choices today-- the Writers Guild of America, who declared a lot of strong candidates ineligible for one reason or another, will also announce their nominees later on. Full analysis of what both guilds might mean for the Oscar race will happen in tomorrow's Oscar Eye column.

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