Oscar Nominations

Tuesday, January 25, 2011 - 4:08pm

The nominations are announced today for the 83rd Annual Academy Awards.

A royal showing for "The King's Speech" at this morning's Academy Award nominations. It lead the way with 12 including Best Picture and Best Actor for Colin Firth. It's his second straight nomination.

Best Actor nominee Colin Firth says "you wait 50 years for something, a moment like this, it's celebration enough."

Golden Globe winner for best drama, "The Social Network," is also in the Best Picture race along with the thriller "Black Wwan", the boxing drama "The Fighter", the sci-fi epic "inception" and family drama "The Kids Are All Right.”

"Toy Story 3" also grabbed a Best Picture nomination, along with one for best animated film. Other best picture contenders include the real life survival drama "127 Hours", the crime thriller "Winter's Bone" and the western remake "True Grit," which ran second to "The King's Speech" with 10 nominations overall.

Dave Karger of Entertainment Weekly says "there are some people who think True Grit is capable of pulling an upset, but I think it's a two picture race between the King's Speech and the Social Network."

"True Grit" star Jeff Bridges has a chance to make it back to back wins as best actor. His competition includes not only Colin Firth but also Jesse Eisenberg of "The Social Network", Javier Bardem of "Biutiful" and James Franco of "127 Hours.”

James Franco says “It’s a big honor, I’m very happy and the movie, I’m so happy to have been a part of it.”

Golden Globe winners Natalie Portman of "Black Swan" and Annette Benning of "The Kids Are All Right" will go head to head in the Best Actress race, looking to pull an upset will be Nicole Kidman of "Rabbit Hole", Michelle Williams of "Blue Valentine" and first-time nominee Jennifer Lawrence of "Winter's Bone.”

Dave Karger says “Coming into this morning, I would have said that Natalie Portman really had the edge, but the fact that 'Black Swan' only got five nominations. I think this is a tighter race than a lot of people previously thought."

Geoffrey Rush of "The King's Speech" is in the hunt for Best Supporting Actor, along with John Hawkes of "Winter's Bone", Jeremy Renner of "The Town" and Mark Ruffalo of "The Kids Are All Right", but they're all likely chasing Golden Globe winner Christian Bale of "The Fighter.”

Dave Karger says "Christian Bale is a pretty sure thing to win best supporting actor and I think both of the women from 'The Fighter', Amy Adams and Melissa Leo stand a good chance to win."

Leo's already won a Golden Globe for her performance and along with her co-star Adams, she's up against Helena Bonham Carter from "The King's Speech", Jackie Weaver from the Australian thriller "Animal Kingdom" and 14-year-old Hailee Steinfeld of "True Grit.”

The awards will be handed out February 27th.

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