Oscar Best Film favorites There Will Be Blood and No Country For Old Men will compete for the 19th annual Producers Guild Awards in Hollywood next month. Juno, The Diving Bell & The Butterfly and surprise choice Michael Clayton complete the list of five nominees.

Golden Globe Awards film winners Atonement and Sweeney Todd: The Demon Barber of Fleet Street have been shut out of the PGAs, which are scheduled to take place on February 2.

Bee Movie, Golden Globe winner Ratatouille and The Simpsons Movie will compete for the Best Animated category, while Body of War, Pete Seeger: The P...