Months of speculation, precursor snubs, and surprises all led up to this moment, as the Academy announced its annual list of Oscar nominatio

Unveiled Tuesday morning across a livestream (below) hosted by Tracee Ellis Ross and Leslie Jordan, the 2022 Oscar nominations came after another unusually long awards race

with Jane Campion's The Power of the Dog leading the pack with 12 overall nominations — including a history-making nod for the New Zealand-born director,

who became the first woman with two overall Best Director nominations across her career.

The Oscar nominations also saw major contenders like Belfast, Dune, Will Smith (King Richard), Nicole Kidman

Benedict Cumberbatch (The Power of the Dog), and more capitalize on the critical praise and industry adoration they'd built in recent months

leading up to the 94th Academy Awards ceremony at the end of March.

Also nominated this year are Beyoncé Knowles-Carter and Billie Eilish in the Best Original Song category, for their compositions included on the soundtracks for King Richard and No Time To Die, respectively

Best Picture Belfast CODA Don't Look Up Drive My Car Dune King Richard

Winners will be announced Sunday, March 27, during ABC's broadcast of the 94th Academy Awards. See the full list of 2022 Oscar nominations below Click Here