The Academy of Motion Picture Arts and Sciences announced their nominees for the Oscar Awards Tuesday morning in a livestream and it was no surprise that the musical La La Land, starring Ryan Gosling and Emma Stone, got the most nods -- 14, in fact!

It's a record previously held only by Titanic and All About Eve. Director Damien Chazelle, the 32-year-old wunderkind, Gosling and Stone were also nominated for their roles in the film, described as a love letter to old Hollywood.

Other films to top the noms this morning were Arrival, an alien invasion thriller, Moonlight, a coming-of-age story about a gay boy in the Miami projects, Hacksaw Ridge, Mel Gibson's World War II drama, and Manchester by the Sea a family tragedy, tinged with black humor, by Kenneth Lonergan and produced by Amazon Studios -- the first-ever best picture nomination for the streaming service.

After last year's #OscarsSoWhite controversy rocked the awards show, the Academy was mindful of diversity this year -- or shall we say mindful of not honoring movies that deserve recognition. Seven out of the twenty performance nominations went to actors of color, and several best picture and documentary nominees, such as Hidden Figures, Fences, 13th, and O.J.: Made in America dealt with the issue of racial inequality.

Meryl Streep picked up her record-setting twentieth nomination for her turn as a tone-deaf opera singer in Florence Foster Jenkins. She'll face off against Isabelle Huppert in Elle and Natalie Portman in Jackin. Casey Affleck is an early favorite for his turn in Manchester By the Sea, picking up the Golden Globe and most of the critics' honors. He's up against Denzel Washington in Fences, Andrew Garfield in Hacksaw Ridge and Gosling in La La Land.

Jimmy Kimmel hosts this year's show on February 28, broadcasting live from LA's Hollywood and Highland Center on ABC, 7pm ET, 4pm PT. Click through to see the full list of nominees!