Oscars Tweaks 'Best Picture' Rules Anywhere from 5 to 10 nominees in category now OK By Newser Editors and Wire Services Posted Jun 15, 2011 9:00 AM CDT 0 comments Comments In this film publicity image released by The Weinstein Company, Colin Firth portrays King George VI in "The King's Speech." (AP Photo/The Weinstein Company, Laurie Sparham) (Newser) – Wild and crazy changes coming to the Oscars: The Academy of Motion Picture Arts and Sciences has approved a tweak in the nominations process that will allow ... anywhere from five to 10 Best Picture nominees. "If there are only eight pictures that truly earn that honor in a given year, we shouldn't feel an obligation to round out the number," says the academy's outgoing director. Ten Best-Picture nominations were announced for this year's and last year's Oscars; in previous years it was five. The number of nominees won't be announced until the Best Picture nominees are announced in January.