Oscar twist as producers pick 'The King's Speech'

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In an unexpected development, The King's Speech received the top prize at the Producers Guild of America Awards on January 22, creating an upset in the race for the Oscars.

After a series of wins for Best Picture, David Fincher's critically acclaimed Golden Globe winner about the founding of Facebook, The Social Network, lost to the story of Britain's King George VI's own unexpected upset - his rise to the throne and conquering of his stammer.

The King's Speech, directed by Tom Hooper, stars Colin Firth in the title role, with costars Geoffrey Rush and Helena Bonham-Carter.

This win could be an indicator of the Oscar race since the Producers award and Oscars agreed on best picture winners the last three years, reports TheWrap. Members of the Producers Guild are also voting members of the Academy and vote for the Oscars.

It seems the odds of the frontrunner The Social Network sweeping the Oscars may have shifted, making the contest more interesting than predictable.

Judd Apatow, producer and director of Knocked Up, Pineapple Express and Funny People, was the master of ceremonies.

Other winners at the producers' ceremony included Darla K. Anderson for Toy Story 3, for animated feature and Lesley Chilcott, who was given the prize for the documentary Waiting for Superman.

In television categories, honors went to the producers of Modern Family, Mad Men, HBO's The Pacific, The Deadliest Catch about Alaska fisherman, and Comedy Central's The Colbert Report.

The nominations for the Oscars will be announced Tuesday, January 25.