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Watch the Oscar nominations live Tuesday morning

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LIVE COVERAGE: 84th Annual Academy Award nominations

Hollywood will be one step closer to knowing who will take home this year’s Oscar gold on Tuesday, when the nominations for the 84th Academy Awards are announced at 5:38:30 a.m. Pacific time. (Don’t forget the 30 seconds; precision counts when it comes to the year’s most coveted nominations.)

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During a news conference at the Samuel Goldwyn Theater in Beverly Hills, Academy of Motion Picture Arts and Sciences President Tom Sherak will reveal the nominees with Jennifer Lawrence, who received her own nod last year for her role in “Winter’s Bone” and is set to star in this year’s much anticipated “The Hunger Games.”

Heading in to the announcement, “The Artist” and “The Descendants” are both considered locks for a best picture nod.

FULL COVERAGE: The Oscars

This year brings a key change in the Oscar rules: A shift in the voting structure will see best picture nominees number anywhere from five to 10 . And contenders who have received heavy campaigning attention -– such as “Rise of the Planet of the Apes’ ” Andy Serkis for his motion capture performance and “Harry Potter and the Deathly Hallows, Part 2” for that final shot at a best picture prize –- will learn whether they’re off to another month of campaigning or whether their long-shot odds were just too much to overcome.

You can watch the nominations on Tuesday morning live, right here, and check out 24 Frames for more coverage, including analysis of the nominees, a roundup of snubs, and reactions from actors and filmmakers who woke up to some good news.

The 84th Academy Awards will be presented on Feb. 26 at the Kodak Theatre.

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-– Emily Rome

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