Early this morning nominees were announced for the 88th Annual Academy Awards. Academy President Cheryl Boone Isaacs, John Krasinski, Guillermo Del Toro and Ang Lee were on hand to give us the rundown.

The 88th Oscars will be held Sunday, February 28, with comedian Chris Rock as host. The presentation will be broadcast live in more than 225 countries worldwide. You can tune in to ABC at 7e|4p to catch the show.

Just to keep score, The Revenant leads the pack with 12 nominations followed by Mad Max: Fury Road with 10 nods.