DGA, SAG, VES, ACE, ADG, CDG, MUAHS, MPSE – has almost run its course.But a couple of awards remain to be handed out before we get to March 27’s Academy Awards, and one of them is very big indeed.That one is the Producers Guild Awards, which takes place on Saturday night in Los Angeles and may be the last remaining show that can give us valuable information about what’s going to happen at the Oscars.(The Writers Guild is handing out its awards the following night, but WGA rules make the Oscar screenplay nominees “The Power of the Dog,” “Belfast,” “The Lost Daughter” and “Drive My Car” ineligible, which means they’re no help at all as predictors for the Academy’s big night.)Crucially, the PGA is the only awards body other than the Oscars to use the preferential or ranked-choice system to count votes in its best-picture category, the Darryl F.
Zanuck Award for Outstanding Producer of Theatrical Motion Pictures. If “The Power of the Dog” is truly too divisive to win under the preferential system, which has been a nagging thought even as it has won most other awards, that weakness should show up at the Producers Guild.And if, on the other hand, it wins the PGA Award on Saturday, then that race would seem to be all but over.So we can call the Producers Guild the moment of truth not only for “The Power of the Dog” but also for the handful of films that have any chance of an upset victory at the Oscars: “Belfast” and “CODA” foremost, but also “West Side Story” and “King Richard.”For one of them to stage a big upset at the Dolby Theatre on March 27, it probably needs to do the same thing at the Fairmont Century Plaza eight days earlier.Granted, there are a couple of caveats here.
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