November 4, 2008 / 5:24 AM / 9 years ago

Michael Douglas to be honored by movie producers

LOS ANGELES (Hollywood Reporter) - Michael Douglas will receive a lifetime achievement award from the Producers Guild of America during the group’s annual bash at the Hollywood Palladium on January 24, it said Monday.

Actor Michael Douglas arrives for the opening night of the Israel Film Festival in New York, October 29, 2008. REUTERS/Lucas Jackson

The Oscar-winning producer of “One Flew Over the Cuckoo’s Nest” will be given the David O. Selznick Achievement Award in Theatrical Motion Pictures. Previous honorees include Dino De Laurentiis and “Spider-Man’ producer Laura Ziskin.

Douglas, 64, whose other producing credits include “The China Syndrome” and “Romancing the Stone,” said in a statement that he felt “privileged to be so honored by my producing peers.”

The PGA hailed Douglas for often making “important statements about our life and times.”

Reuters/Hollywood Reporter

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