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| FILE - This Dec. 3, 2013 file photo shows director David O. Russell at a special screening of "American Hustle"in Los Angeles. Russell was nominated for an Academy Award for best director on Thursday, Jan. 16, 2014, for the film. The 86th Academy Awards will be held on March 2. | 
In a hydra-headed 
Oscar race, "American Hustle," "12 Years a Slave" and "Gravity" all have
 legitimate claims to favorite status. And that's a good thing.
Even
 if a front-runner emerges from the much-nominated trio over the six 
weeks leading up to the 86th Academy Awards on March 2, the credentials 
of each film should be plenty to heighten nerves and add to the drama on
 Oscar night.
"It's an extremely competitive 
year," said David O. Russell, whose "American Hustle" landed 10 nods, 
tied for most with "Gravity," in nominations announced Thursday from 
Beverly Hills, Calif. "It could go any which way."
Steve
 McQueen's "12 Years a Slave," an unflinching depiction of 19th century 
American slavery, trailed close behind with nine nominations, including 
nods for McQueen, lead actor Chiwetel Ejiofor and supporting players 
Michael Fassbender and Lupita Nyong'o. Since its festival debut, it's 
been seen by many as the movie to beat, a film bearing heavy historical 
gravitas that the lighter "American Hustle" and the literally weightless
 "Gravity" can't match.
But Russell's wild 
Abscam comedy, thick in 1970s style, has ridden a wave of enthusiasm for
 its manic performances. It's three in a row for Russell, too, who may 
be due for bigger Oscar wins than his much-nominated films "Silver 
Linings Playbook" and "The Fighter" managed. A year after "Silver 
Linings Playbook" landed nominations in all four acting categories, 
"Hustle" managed the same feat with Amy Adams, Christian Bale, Jennifer 
Lawrence and Bradley Cooper all receiving nods.
Then
 there's "Gravity," which, along with nominations for director Alfonso 
Cuaron and lead actress Sandra Bullock, exerted its force with 
nominations in all seven technical categories. With $670 million in 
worldwide box-office, the 3-D space odyssey is easily the most popular 
of the best-picture nominees, widely credited with reinvigorating the 
spectacle of the big-screen experience.
The 
three films will vie in the best picture category with "Captain 
Phillips," "Dallas Buyers Club," "Her," "Nebraska," "The Wolf of Wall 
Street" and "Philomena." If any of them poses a dark-horse threat, it's 
Martin Scorsese's "The Wolf of Wall Street," a  nearly three hour-long 
portrait of hedonism and greed that some have said glorifies former 
trader Jordan Belfort.
"The Wolf of Wall 
Street" landed five big nominations, including best director (Scorsese, 
his eighth for directing), best actor (Leonardo DiCaprio), best 
supporting actor (Jonah Hill), and best adapted screenplay (Terence 
Winter). DiCaprio, now a four-time nominee, said he felt vindicated.
"To
 be recognized like this and to see that there were enough people out 
there who said, `Look, we get what this film is' - not what it's trying 
to say, but what it's trying to reflect," said DiCaprio. "Nobody wants 
to be misunderstood."
The nominations seemed 
to favor new blood over esteemed veterans. In an especially strong best 
actor race, Tom Hanks ("Captain Phillips") and Robert Redford ("All Is 
Lost") were surprisingly left out. Emma Thompson was omitted from best 
actress, and her film, Disney's making-of "Mary Poppins" tale "Saving 
Mr. Banks," was overlooked in the best picture category.
The
 best actor category is led by first-time nominee Matthew McConaughey, 
whose Texas HIV drama "Dallas Buyers Club" earned six nominations.
"I'm
 at home in Malibu, having a cup of tea, catching the sunrise. My 
newborn's walking around," said McConaughey, whose nod capped a 
remarkable reinvention by the actor after sliding into mediocrity. "What
 a great alarm clock and news to wake up to this morning."
Others
 enjoying their first nod were Ejiofor, McQueen, Fassbender, Barkhad 
Abdi (a limo driver before being cast as a Somali pirate in "Captain 
Phillips"), 84-year-old June Squibb ("Nebraska") and Jared Leto, who had
 devoted himself to music before returning to play a transsexual in 
"Dallas Buyers Club."
Said Leto: "Yesterday I was doing jury duty, today I woke up with an Academy Award nomination. Only in America."
Even
 77-year-old Bruce Dern, nominated for best actor for his performance as
 a gruff, taciturn wandering Montana man in "Nebraska," has an uncommon 
youthful vigor. Few have taken more pleasure in awards season than Dern 
(nominated 35 years ago for Hal Ashby's "Coming Home"), revitalized by a
 film he's happily viewed, he estimates, "approaching the upper 30s."
"I
 can't see it enough to realize how lucky we all were with the 
collaboration that went on on this particular movie," said Dern. "I feel
 somehow that the industry has suddenly today put their arms around our 
little movie."
The black-and-white "Nebraska" earned six nominations, including best director for Alexander Payne.
One
 of the day's biggest winners was the 27-year-old producer Megan 
Ellison, the daughter of billionaire Larry Ellison. Her Annapurna 
Pictures produced two of the best-picture nominees ("American Hustle" 
and "Her") as well as the Wong Kar-Wai martial arts drama "The 
Grandmaster." She is the first woman and only the fourth person to 
receive two best picture nods in the same year. She celebrated by 
tweeting "17!" - the total nominations her films received.
"Her,"
 Spike Jonze's futurist romance, scored five nominations Thursday, 
including best original screenplay for Jonze. He actually earned three 
nods in all, including best song, having co-written "The Moon Song" with
 Karen O.
There were plenty of familiar faces,
 though, too. Meryl Streep padded her acting record with her 18th 
nomination, best actress for her truth-telling, pill-popping matriarch 
in "August: Osage County." Streep, Adams and Bullock are joined by Cate 
Blanchett (her sixth nom) for "Blue Jasmine" and Judi Dench (her 
seventh) for "Philomena."
Along with Nyong'o, 
Squibb and Lawrence, the best supporting actress nominees were Julia 
Roberts ("August: Osage County") and Sally Hawkins ("Blue Jasmine").
Woody
 Allen scored his record 16th screenwriting nomination for "Blue 
Jasmine." Also up for original screenplay are "American Hustle," "Dallas
 Buyers Club," "Her" and "Nebraska." In the adapted screenplay category 
are "Before Midnight," "Captain Phillips," "Philomena," "12 Years a 
Slave" and "The Wolf of Wall Street."
Joel and
 Ethan Coen's folk tale "Inside Llewyn Davis," one of the most 
critically acclaimed films of the year, garnered only nominations for 
cinematography and sound mixing. And while 2013 was trumpeted as one of 
the best years for African-American cinema, movies like "Lee Daniels' 
The Butler" and "Fruitvale Station" were shut out.
Though
 historically the most-nominated films have taken home best picture, 
that's not recently been the case. In six of the last 10 years, the 
most-nominated film hasn't triumphed in the end, including last year 
when Steven Spielberg's "Lincoln," with 12 nominations, was beaten by 
Ben Affleck's "Argo."
This year's Oscar 
telecast on ABC, with Ellen DeGeneres hosting for the second time, has 
particular pressure on it to live up to the increasingly popular Golden 
Globes, led by hosts Tina Fey and Amy Poehler. The Academy Awards have 
struggled to freshen up its more prestigious brand.
But
 comebacks are always possible. The most notorious flop of 2013, "The 
Lone Ranger," managed to land two nominations, for visual effects and 
makeup and hairstyle.