Veteran actors like Tommy Lee Jones, Alan Arkin and Philip Seymour Hoffman fight it out for the Best Supporting Actor award this year at the Oscars.
The film also features actress Amy Adams as Seymour's wife. Adam has also been nominated in the Best Supporting Actress category.
Although chances of De Niro winning the award is unlikely, the Academy is clearly smitted by this David O Russell film as it has been nominated in almost all the major categories.
It was long overdue. Robert De Niro's Oscar nod for 'Silver Linings Playbook' comes after two decades and makes the nomination special for the veteran actor.
Featuring the talented Leonardo DiCaprio and Jamie Foxx in the lead roles, 'Django Unchained' is an out and out western film.
Most feel that this year the award will go to Tommy Lee Jones for his role in Steven Spielberg's 'Lincoln'. He has already won an Screen Actors Guild Award for his role in the biopic.
Lee Jones plays Republican congressman Thaddeus Stevens, an abolitionist and ally of President Abraham Lincoln in the film. Lee Jones has previously won an Oscar for his role in 'The Fugitive'.
Philip Seymour Hoffman has been nominated for his titular master act in 'The Master'. Seymour has won critical acclaim for his act as a leader of a cult group.
Nominated for his role as a goofy film producer who helps the CIA in rescuing American diplomats from Iran, Alan Arkin is one of the strong contenders for the award. Arkin's act seemed effortless and his act added the humour element in an otherwise grim yet gripping thriller.
Christoph Waltz plays Dr King Schultz, a bounty hunter who mentors the lead protagonist Django after rescuing him from slavery in Quentin Tarantino's 'Django Unchained'. Pundits predict that he might just win the award for his powerful performance.