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248 Films Eligible for Best Picture Oscar

It looks like 248 feature films are eligible for the Best Picture nomination at the 83rd annual Academy Awards. Out of the 248, 10 will be nominated, and out of that 10 only one will win... I'll place my bet on The Social Network.

Here's the official press release:

Beverly Hills, CA – Two hundred forty-eight feature films are eligible for the 2010 Academy Award® for Best Picture, the Academy of Motion Picture Arts and Sciences announced today.

To be eligible for 83rd Academy Awards® consideration, feature films must open in a commercial motion picture theater in Los Angeles County by midnight, December 31, and begin a minimum run of seven consecutive days.

Under Academy rules, a feature-length motion picture must have a running time of more than 40 minutes and must have been exhibited theatrically on 35mm or 70mm film, or in a qualifying digital format.

Feature films that receive their first public exhibition or distribution in any manner other than as a theatrical motion picture release are not eligible for Academy Awards in any category.

The 83rd Academy Awards nominations will be announced live on Tuesday, January 25, 2011, at 5:30 a.m. PT in the Academy’s Samuel Goldwyn Theater.

Academy Awards for outstanding film achievements of 2010 will be presented on Sunday, February 27, 2011, at the Kodak Theatre at Hollywood & Highland Center®, and televised live by the ABC Television Network. The Oscar presentation also will be televised live in more than 200 countries worldwid

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