<p>Hollywood's film academy will announce this year's Oscar nominees early on Tuesday, a field expected to range from biopic <em>Elvis</em> to dark comedy <em>The Banshees of Inisherin</em> and multiverse adventure <em>Everything Everywhere All at Once</em>.</p>.<p>Others competing for a spot in the prestigious best picture race include Steven Spielberg's coming-of-age film <em>The Fabelmans</em> and <em>Avatar: The Way of Water</em>, James Cameron's blockbuster sequel that currently ranks as the sixth-highest grossing movie of all time.</p>.<p>Winners of the industry's highest honors will be unveiled at a March 12 ceremony hosted by comedian Jimmy Kimmel and aired live on Walt Disney Co's ABC network.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/entertainment/entertainment-news/the-kashmir-files-gangubai-kathiawadi-among-others-make-the-cut-in-oscars-reminder-list-1179563.html" target="_blank">'The Kashmir Files', 'Gangubai Kathiawadi' among others make the cut in Oscar's reminder list</a></strong></p>.<p>The Oscars and other entertainment awards shows have been struggling to attract TV viewers, particularly younger ones who spend time on TikTok and YouTube.</p>.<p>Last year's Academy Awards show, when Will Smith slapped presenter Chris Rock before winning best actor, drew about 15.4 million TV viewers, the second-smallest audience ever.</p>.<p>The Gold Derby website, which monitors Hollywood's awards races, gives<em> Everything Everywhere</em> the best odds at the moment to ultimately win best picture. The movie stars Michelle Yeoh in a dimension-hopping action film about an exhausted woman trying to finish her taxes.</p>.<p>Actors expected to score nominations include Austin Butler for his portrayal of rock legend Elvis Presley, and Colin Farrell, who starred as a farmer obsessed with restoring a friendship in "Banshees." Both won top acting honors at the Golden Globe awards this month.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/entertainment/all-quiet-on-the-western-front-leads-bafta-nominees-1182855.html" target="_blank">‘All Quiet on the Western Front’ leads BAFTA nominees</a></strong></p>.<p>Cate Blanchett is seen as a favorite for best actress for her role as a manipulative orchestra conductor in <em>Tar</em>. Yeoh and Danielle Deadwyler, who portrayed a determined mother in <em>Till,</em> also could earn nominations, according to awards experts.</p>.<p>Winners will be voted on by the roughly 10,000 actors, producers, directors and film craftspeople who make up the Academy of Motion Picture Arts and Sciences.</p>.<p>The academy added more women and people of color to its ranks after the #OscarsSoWhite uproars of 2015 and 2016, and it increased membership from outside the United States.</p>
<p>Hollywood's film academy will announce this year's Oscar nominees early on Tuesday, a field expected to range from biopic <em>Elvis</em> to dark comedy <em>The Banshees of Inisherin</em> and multiverse adventure <em>Everything Everywhere All at Once</em>.</p>.<p>Others competing for a spot in the prestigious best picture race include Steven Spielberg's coming-of-age film <em>The Fabelmans</em> and <em>Avatar: The Way of Water</em>, James Cameron's blockbuster sequel that currently ranks as the sixth-highest grossing movie of all time.</p>.<p>Winners of the industry's highest honors will be unveiled at a March 12 ceremony hosted by comedian Jimmy Kimmel and aired live on Walt Disney Co's ABC network.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/entertainment/entertainment-news/the-kashmir-files-gangubai-kathiawadi-among-others-make-the-cut-in-oscars-reminder-list-1179563.html" target="_blank">'The Kashmir Files', 'Gangubai Kathiawadi' among others make the cut in Oscar's reminder list</a></strong></p>.<p>The Oscars and other entertainment awards shows have been struggling to attract TV viewers, particularly younger ones who spend time on TikTok and YouTube.</p>.<p>Last year's Academy Awards show, when Will Smith slapped presenter Chris Rock before winning best actor, drew about 15.4 million TV viewers, the second-smallest audience ever.</p>.<p>The Gold Derby website, which monitors Hollywood's awards races, gives<em> Everything Everywhere</em> the best odds at the moment to ultimately win best picture. The movie stars Michelle Yeoh in a dimension-hopping action film about an exhausted woman trying to finish her taxes.</p>.<p>Actors expected to score nominations include Austin Butler for his portrayal of rock legend Elvis Presley, and Colin Farrell, who starred as a farmer obsessed with restoring a friendship in "Banshees." Both won top acting honors at the Golden Globe awards this month.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/entertainment/all-quiet-on-the-western-front-leads-bafta-nominees-1182855.html" target="_blank">‘All Quiet on the Western Front’ leads BAFTA nominees</a></strong></p>.<p>Cate Blanchett is seen as a favorite for best actress for her role as a manipulative orchestra conductor in <em>Tar</em>. Yeoh and Danielle Deadwyler, who portrayed a determined mother in <em>Till,</em> also could earn nominations, according to awards experts.</p>.<p>Winners will be voted on by the roughly 10,000 actors, producers, directors and film craftspeople who make up the Academy of Motion Picture Arts and Sciences.</p>.<p>The academy added more women and people of color to its ranks after the #OscarsSoWhite uproars of 2015 and 2016, and it increased membership from outside the United States.</p>