OSCARS 2008 - AND THE NOMINEES ARE...

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The Academy of Motion Picture Arts and Sciences announced the nominations for 80th annual Academy Award Ceremony early this morning, but the big story is whether the Oscar show really will go on as planned.

Check out the list of nominees.

Best Picture: Atonement, Juno, Michael Clayton, No Country for Old Men, There Will Be Blood.

Best Actor: George Clooney, Michael Clayton; Daniel Day-Lewis, There Will Be Blood; Johnny Depp, Sweeney Todd the Demon Barber of Fleet Street; Tommy Lee Jones, In the Valley of Elah; Viggo Mortensen, Eastern Promises.

Best Actress: Cate Blanchett, Elizabeth: The Golden Age; Julie Christie, Away From Her; Marion Cotillard, La Vie en Rose; Laura Linney, The Savages; Ellen Page, Juno.

Best Supporting Actor: Casey Affleck, The Assassination of Jesse James by the Coward Robert Ford; Javier Bardem, No Country for Old Men; Hal Holbrook, Into the Wild; Philip Seymour Hoffman, Charlie Wilson’s War; Tom Wilkinson, Michael Clayton.

Best Supporting Actress: Cate Blanchett, I’m Not There; Ruby Dee, American Gangster; Saoirse Ronan, Atonement; Amy Ryan, Gone Baby Gone; Tilda Swinton, Michael Clayton.

Best Director: Julian Schnabel, The Diving Bell and the Butterfly; Jason Reitman, Juno; Tony Gilroy, Michael Clayton; Joel Coen and Ethan Coen, No Country for Old Men; Paul Thomas Anderson, There Will Be Blood.

Oscar nominees are selected by the 5,800 members of the Academy of Motion Picture Arts and Sciences, and vote for best-picture nominations and can cast ballots for the winners in all categories at the Oscar ceremony itself.

The Oscars are scheduled broadcast on the ABC network live Feb. 24 from Hollywood’s Kodak Theatre. Jon Stewart will serve as Oscar host, a job he also filled two years ago.

For a complete list of al nominations click here

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