Oscar Nominations: 'King's Speech' Leads With 12

5:43 AM PST 1/25/2011 by Gregg Kilday

"True Grit" earned 10; "The Social Network" and "Inception" nabbed eight.

The Academy of Motion Picture Arts and Sciences might as well have broken out the tea and scones Tuesday morning as it rewarded The King’s Speech with 12 nominations to make it the dominant player at the 83rd annual Academy Awards. True Grit, set on the edge of the American frontier in the 19th century, placed second with 10 nominations. And the dreamy thriller Inception and the computer-savvy The Social Network followed close behind with eight nominations each.