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The 'Forrest Gump' actor receives a nomination for his leading role in 'Lucky Guy' while the 'Time After Time' singer's music for 'Kinky Boots' is listed as a contender for Best Original Score.
Walt Disney Pictures also announces the official title for the film, 'The Muppets...Again!', as well as reveals its official synopsis.
Gervais is in talks to star as the main human character in the puppet movie, starring opposite Ty Burrell who has just been cast as an Interpol inspector.
Waltz's departure due to his busy schedule forces Walt Disney Pictures to cast Burrell as the Interpol inspector in the upcoming puppet film.
The 'Django Unchained' star is the first human actor to be cast in the upcoming puppet movie, which will be set in Europe.
'Rises of the Planet of the Apes' claims the coveted Best Science Fiction Film award, while 'Super 8' brings J.J. Abrams in winning the Best Director prize.
The event's arguably most-crowded day owes it to 'Iron Man 3', 'The Hobbit', 'True Blood' and 'Glee' among others this year.
In the upcoming film about Dennis Wilson, the 'Harry Potter' actor is set to star as the iconic drummer's friend Stan while the 'Hugo' actress is cast as his daughter Jennifer.
The actor playing Gary in the puppet movie claims that he wants to 'take a little puppet break' and aims to 'pursue more human-related projects' in the upcoming years.
Multiple insiders reveals that Segel's busy schedule with his other projects has hindered him from reuniting with Nicholas Stoller to provide the script for the 'Muppets' follow-up film.
The 'Muppets' iconic puppets are set to join other A-listers including Angelina Jolie, Tom Hanks, Halle Berry and Tina Fey, who have also been tapped to serve as the presenters at this year's Oscars.
The Academy of Motion Picture Arts and Sciences has reportedly planned to throw the 2012 Academy Awards show without musical performances for 'Man or Muppet' and 'Real in Rio'.