"Michael and Pam are an incredible team, excelling as both trusted creative producers and successful studio heads," said Producers Guild of America Presidents Stephanie Allain and Donald De Line in a joint statement. "As individual producers, they're responsible for some of the most celebrated and memorable films of the 21st century. Together, their instincts and talent for producing mid-budget studio titles has proven these films can still attract a theatrical audience. They are so deserving of this award and we can't wait to honor them as they start their new roles with Warner Bros."