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The Academy Awards are almost here.

Last year's awards show made history in a lot of ways, some positive and some just plain shocking. In what should have been a celebratory moment for Questlove, Will Smith stunned the whole world by getting on stage and slapping comedian Chris Rock, after he made a joke about his wife Jada Pinkett Smith.

During the recent Oscar nominees luncheon, motion picture academy president Janet Yang addressed the incident, stating: "I’m sure you all remember we experienced an unprecedented event at the Oscar. What happened onstage was wholly unacceptable and the response from our organization was inadequate."

2023 OSCAR NOMINATIONS: 'ELVIS,' 'EVERYTHING EVERYWHERE ALL AT ONCE,' 'TOP GUN: MAVERICK' LEAD THE PACK

"We learned from this that the academy must be fully transparent and accountable in our actions," Yang said, "and particularly in times of crisis you must act swiftly, compassionately and decisively for ourselves and for our industry. You should and can expect no less from us going forward."

Here's what to know about the 95th annual Academy Awards: 

Where to watch

Academy Awards trophy statue

The show will be broadcast on ABC starting at 8 p.m. EST. (Jay L. Clendenin/Los Angeles Times via Getty Images)

The 95th Academy Awards are set to take place on Sunday, March 12, 2023, at the Dolby Theater in Los Angeles. The show will be broadcast on ABC starting at 8 p.m. ET.

Host

Jimmy Kimmel on "Jimmy Kimmel Live!"

Jimmy Kimmel is returning to host the Academy Awards for the third time, his last go around being in 2018. (Randy Holmes/ABC via Getty Images)

Late night talk show host Jimmy Kimmel is returning to the Academy Awards' stage to host the show for the third time. 

"Being invited to host the Oscars for a third time is either a great honor or a trap," Kimmel said in a statement released along with the announcement. "Either way, I am grateful to the academy for asking me so quickly after everyone good said no."

"Jimmy is the perfect host to help us recognize the incredible artists and films of our 95th Oscars," academy CEO Bill Kramer and academy President Janet Yang added. "His love of movies, live TV expertise, and ability to connect with our global audiences will create an unforgettable experience for our millions of viewers worldwide."

In a promotional video for the Oscars, Kimmel spoke about being surprised that he was asked to host again, and then is told numerous other comedians were asked to host and turned down the offer before he was asked.

Actor Charles Parnell then tells him, "ABC has tasked us with finding a host who is unflappable.. .and unslappable," to which Kimmel responded, "That's good, 'cause I can't get slapped, I cry a lot."  

Nominees

Casts of Everything Everywhere all at Oncer and Banshees of Inisherin split

"Everything, Everywhere, All at Once" leads the nominations this year with 11, followed by "Banshees of Inisherin," with nine. (Getty Images)

This year's nominees for best picture feature some of the biggest box office hits of the year. Also, 16 of the 20 contenders for acting awards are first-time nominees.

Leading the pack in nominations is the sci-fi epic "Everything, Everywhere, All at Once," with 11 nominations, followed by "The Banshees of Inisherin" and "All Quiet on the Western Front," which are tied for second with nine nominations each. All three are also nominated for best picture.

Also nominated for best picture are "Women Talking," "Top Gun: Maverick," "Triangle of Sadness," "Tar," "The Fabelmans," "Elvis" and "Avatar: The Way of Water." 

While Tom Cruise did not receive an acting nomination for his portrayal of Pete "Maverick" Mitchell, which many considered a huge snub, he is a nominee this year as a producer for "Top Gun: Maverick." He was previously nominated for best lead actor in 1990 and 1997 for "Born on the Fourth of July" and "Jerry Maguire" respectively, as well as best supporting actor in 2000 for his role in "Magnolia."

Notable nominees in the acting categories include Brendan Fraser, who is up for his first ever Academy Award for his lead role in "The Whale"; Austin Butler, also up for his first award for his role in "Elvis"; Jamie Lee Curtis, who is up for her first-ever Academy Award for "Everything, Everywhere, All at Once," and Ana De Armas, who is the first Cuban actress to be nominated for best actress, for her work in "Blonde."

Historical nominees

Michelle Yeoh and Angela Bassett split

Michelle Yeoh and Angela Bassett both made history this year with their nominations. (Getty Images)

There are many history-making and record-breaking nominations at the 95th Academy Awards, which have the potential to turn into record-breaking wins. First, there is major representation in the Asian community at this year's show, with many cast members from the Asian-led film "Everything, Everywhere, All at Once" nominated for acting awards.

These nominations include Michelle Yeoh's nomination for best lead actress. Yeoh became the first Asian actor nominated for best actress. (Some count Merle Oberon, of Sri Lankan and Welsh heritage, the first Asian best actress nominee, in 1936, though she hid her ancestry.)

Additionally, Ke Huy Quan ("Everything, Everywhere, All at Once") and Hong Chau ("The Whale") – both the children of Vietnam War refugees – and the California-born Hsu and the Malaysia-born Yeoh together make it the most acting nominations ever for Asian or Asian American actors.

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Oscars Nominee Luncheon Class Photo

Nominees for the 95th Oscars were celebrated at a luncheon held at the Beverly Hilton. (Richard Harbaugh/AMPAS)

Angela Bassett, who starred as Queen Ramonda in "Black Panther: Wakanda Forever," made history as the first ever Marvel actor to be nominated for an acting Oscar. 

Actress Cate Blanchett continues to set the record for being the actress to star in the most best picture nominated movies, with 10, including "Babel," "The Aviator" and "Don't Look Up," not to mention this year's nominee, "Tar." Robert de Niro holds the record for actor, starring in 11 best picture nominated films. 

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Composer John Williams also made history this year, becoming both the oldest Academy Award nominee at 90-years-old and the most nominated person alive with a total of 53 Academy Award nominations. He is six nominations behind Walt Disney, who has 59, to take the spot as the most nominated person of all time. He has been nominated for and won best original score for the films "Fiddler on the Roof," "Jaws," "Star Wars," "E.T. The Extra Terrestrial" and "Schindler's List."

The Associated Press contributed to this report