The film industry is gearing up for the year’s biggest night

Jan 15, 2015 13:37 GMT  ·  By

The awards season is in full bloom right now, and just a few days after the Golden Globes 2015 (and as usual, 24 hours after the Razzies 2015 nominations), the Academy will be unveiling the nominees for this year’s Oscars.

The Academy Awards, now known officially as the Oscars, are the industry’s most valuable and coveted accolade, awarded at the beginning of each year to releases from the previous one.

We’ve had some very amazing films in 2014, along with many, many horrible ones. The Razzies will deal with the latter on February 21 (Cameron Diaz is nominated for all 3 movies she made in 2014, so she’s like the Adam Sandler of this year), while the Oscars with the former.

Minutes from now, the nominees for the Oscars will be announced – and you can watch the ceremony in the live stream below.  

Directors J.J. Abrams and Alfonso Cuaron will be revealing the nominees in technical categories, while Chris Pine and Academy President Cheryl Boone Isaacs will announce the rest in the second half of the broadcast.

Favorites and likely winners

Favorites this year are “Boyhood,” (aka the little engine that could, the movie shot over 12 years with the same actors and a ridiculously small budget), “Birdman” (Michael Keaton’s comeback film, as long as you don’t use that term to his face), “The Imitation Game” (the story of Alan Turing, played by Benedict Cumberbatch), “The Theory of Everything” (about Stephen Hawking, with Eddie Redmayne) and “Still Alice” (about a linguist who develops Alzheimer, with the incredibly talented Julianne Moore).

Odds are looking very good for “Boyhood” and “Birdman,” which will most definitely be pitted against each other in the Best Film category.

This might also turn out to be the year when Jennifer Aniston gets her first ever Oscar nomination, for “Cake,” and she finally breaks those barriers she drew herself, in which she can only play the girl next door in standard rom-coms.

Films like “Foxcatcher,” “Big Eyes,” “The Grand Budapest Hotel,” “American Sniper” or even “Unbroken” could still deliver a huge surprise and score a nomination – and even a win.

Here is the video. Check back with us for the full list of nominees.

[Update, January 15, later]: Here is a complete list with all the nominations for the Oscars 2015.