Oscars Image Credit: AP

The multiverse-skipping sci-fi indie hit “Everything Everywhere All at Once” led nominations to the 95th Academy Awards as Hollywood heaped honors on big-screen spectacles like “Top Gun: Maverick” and “Avatar: The Way of Water” a year after a streaming service won best picture for the first time.

Daniel Scheinert and Daniel Kwan’s “Everything Everywhere All at Once” landed a leading 11 nominations on Tuesday, including nods for Michelle Yeoh and comeback kid Ke Huy Quan.

Everything Everywhere All At Once
From left: Stephanie Hsu, Michelle Yeoh and Ke Huy Quan in a scene from, "Everything Everywhere All At Once." Image Credit: A24 Films via AP
• All Quiet on the Western Front
• Avatar: The Way of Water
• The Banshees of Inisherin
• Elvis
• Everything Everywhere All at Once (above)
• The Fabelmans
• Top Gun: Maverick
• Triangle of Sadness
• Women Talking
Copy of Film_Review_-_Blonde_62805.jpg-4d28c-1664533680361
Ana de Armas as Marilyn Monroe in 'Blonde'
• Cate Blanchett - TÀR
• Michelle Yeoh - Everything Everywhere All At Once
• Ana De Armas - Blond (above)
• Andrea Riseborough - To Leslie
• Michelle Williams - The Fabelmans
Copy of Fall_Film_Preview_72442.jpg-d7a5b-1661928209304
Brendan Fraser in a scene from 'The Whale'
• Brendan Fraser - The Whale (above)
• Colin Farrell - The Banshees of Inisherin
• Austin Butler - Elvis
• Bill Nighy - Living
• Paul Mescal - Aftersun

The nominees for best supporting actress are: Angela Bassett, “Black Panther: Wakanda Forever”; Hong Chau, “The Whale”; Kerry Condon, “The Banshees of Inisherin”; Jamie Lee Curtis, ““Everything Everywhere All at Once”; Stephanie Hsu, “Everything Everywhere All at Once.”

The nominees for best supporting actor are: Brian Tyree Henry, “Causeway”; Judd Hirsch, “The Fabelmans”; Brendan Gleeson, “Banshees on Inisherin”; Barry Keoghan, “Banshees of Inisherin”; Ke Huy Quan, “Everything Everywhere All at Once.”

TAB Actor Hong Chau 2-1673627231997
Hong Chau is nominated for best supporting actress in 'The Whale'

The nominees for international film are: “All Quiet on the Western Front” (Germany); “Argentina, 1985” (Argentina); “Close” (Belgium); “EO” (Poland); “The Quiet Girl” (Ireland).

The nominees for original screenplay are: “Everything Everywhere All at Once”; “The Banshees of Inisherin”; “The Fabelmans”; “Tár”; “Triangle of Sadness.”

The nominees for best original score are: Volker Bertelmann, “All Quiet on the Western Front”; Justin Hurwitz, “Babylon”; Carter Burwell, “The Banshees of Inisherin”; Son Lux, “Everything Everywhere All at Once”; John Williams, “The Fabelmans.”

Nominations are being announced from the academy's Samuel Goldwyn Theater in Beverly Hills, California. They aired live on ABC's “Good Morning America” and livestreamed on Oscars.org , Oscars.com and on several of the academy's social media platforms.

The 10 movies up for best picture are: “Everything Everywhere All at Once,” “The Banshees of Inisherin,” “The Fabelmans,” “Tár,” “Top Gun: Maverick,” “Avatar: The Way of Water,” “Elvis,” “All Quiet on the Western Front,” “Women Talking” and “Triangle of Sadness.”

That includes “Everything Everywhere All at Once,” the A24 sci-fi indie hit. Daniel Scheinert and Daniel Kwan's multiverse-skipping tale could walk away with the most nominations Tuesday, including nods for Michelle Yeoh and comeback kid Ke Huy Quan.

Also at the front of the pack is “The Banshees of Inisherin,” Martin McDonagh's Ireland-set dark comedy, which is set to score as many as four acting nods, including nominations for Colin Farrell and Brendan Gleeson.

Colin Farrell in a scene from ' The Banshees of Inisherin'
• Martin McDonagh - The Banshees of Inisherin (above)
• Todd Field - TÀR
• Ruben Östlund - Triangle of Sadness
• Daniel Kwan - Everything Everywhere All at Once
• Daniel Scheinert - Everything Everywhere All at Once
• Steven Spielberg - The Fabelmans

Steven Spielberg's “The Fabelmans” struggled to catch on with audiences, but the director's autobiographical coming-of-age tale is set to land Spielberg his 20th Oscar nomination and eighth nod for best-director. John Williams, his longtime composer, extended his record for the most Oscar nominations for a living person. Another nod for best score will give Williams his 53rd nomination, a number that trails only Walt Disney's 59.

Last year's broadcast drew 15.4 million viewers , according to Nielsen, up 56% from the record-low audience of 10.5 million for the pandemic-marred 2021 telecast. This year, ABC is bringing back Jimmy Kimmel to host the March 12 ceremony, one that will surely be seen as a return to the site of the slap.

Jimmy Kimmel-1566024960452
Jimmy Kimmel

But larger concerns are swirling around the movie business. Last year saw flashes of triumphant resurrection for theaters, like the success of “Top Gun: Maverick,” after two years of pandemic. But partially due to a less steady stream of major releases, ticket sales for the year recovered only about 70% of pre-pandemic business. Regal Cinemas, the nation's second-largest chain, announced the closure of 39 cinemas this month.

At the same time, storm clouds swept into the streaming world after years of once-seemingly boundless growth. Stocks plunged as Wall Street looked to streaming services to earn profits, not just add subscribers. A retrenchment has followed, as the industry again enters an uncertain chapter.

In stark contrast to last year's Academy Awards, this year may see no streaming titles vying for the Oscars' most sought-after award — though the last spots in the 10-movie best-picture field remain up for grabs. Netflix's best shots instead are coming in other categories, notably with animated film favorite “Guillermo del Toro's Pinocchio” and the German submission, “All Quiet on the Western Front.”