Gladiator leads the list of nominations for this year's Oscars with 12, including the big three of Best Film, Best Actor and Best Director.
Russell Crowe is joined in the Best Actor category by Tom Hanks, Geoffrey Rush, Javier Bardem and Ed Harris. Jamie Bell wasn't nominated for Billy Elliot.
Julia Roberts will now be the hot favourite to take home a little gold statue following her nomination in the Best Actress category.
She's nominated alongside Joan Allen, Juliette Binoche, Laura Linney and Ellen Burstyn.
Gladiator will square up against Chocolat, Crouching Tiger Hidden Dragon, Erin Brockovich and Traffic in the Best Film category.
The Brits haven't fared too badly with two nominations in both Best Director and Best Supporting Actress. Stephen Daldry and Ridley Scott are up against Ang Lee and Stephen Soderbergh, who has been nominated twice.
Julie Walters and Judi Dench will compete against Kate Hudson, Frances McDormand and Marcia Gay Harden for Best Supporting Actress.
Albert Finney is nominated for Best Supporting Actor alongside Jeff Bridges, Willem Dafoe, Benicio Del Toro and Joaquin Phoenix.
Sting could walk away with the Best Song Oscar but will face competition from Bjork, Bob Dylan, Randy Newman and Jorge Calandrelli and Tan Dun.