Oscar statuettes
Media playback is unsupported on your device
Video

Producer explains what to expect from the Oscar ceremony

The Iron Lady and Tinker Tailor Soldier Sailor have both been nominated for Academy Awards.

Meryl Streep, Gary Oldman, Kenneth Branagh and Janet McTeer are leading the way in the Best Actor and Best Supporting Actor and Actress roles.

Tinker Tailor Soldier Sailor was produced by Tim Bevan at Working Title and The Iron Lady was made by Damian Jones with BBC Films.

Tim Bevan told Damian Jones on Radio 5 live what he should expect from the Oscar ceremony.

To hear other 5 live interviews, please visit the best bits page.