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The Broadcast Film Critics Association (BFCA) has announced the nominees for the 16th annual Critics' Choice Movie Awards. The winners will be announced at the Critics' Choice Movie Awards ceremony on Friday, January 14, 2011 at 9:00 PM ET/PT. This year's event will again take place at the Hollywood Palladium. This is the fourth year in a row that VH1 will broadcast the gala live on the network and the first year the show will also be broadcast internationally.

"Black Swan" received an unprecedented 12 nominations for the 16th annual Critics' Choice Movie Awards, garnering nods for Best Picture, Best Actress, Best Supporting Actress, Best Director, Best Original Screenplay, Best Cinematography, Best Art Direction, Best Editing, Best Costume Design, Best Makeup, Best Sound and Best Score. "True Grit" and "The King's Speech" followed close behind with 11 nominations each, while "Inception" received 10 nominations and "The Social Network" garnered 9.

"Toy Story 3" was honored in the Best Picture and Best Animated Feature categories while two Best Picture nominees, "Inception" and "The Town," were also recognized in the Best Action Movie category. "127 Hours," "The Fighter" and "Winter's Bone" also scored multiple nominations, including Best Picture.

Nicole Kidman received her record seventh acting nomination for Best Actress in "Rabbit Hole." She won the first Critics' Choice Award as Best Actress 15 years ago for "To Die For." Later Kidman was nominated for Best Actress in "Cold Mountain," "The Hours" and "Moulin Rouge," in addition to being part of the nominated Acting Ensembles in "Nine" and "The Hours."

Amy Adams will be seeking her second Critics' Choice Award as a Best Supporting Actress nominee in "The Fighter." Adams previously won the category for "Junebug" and has received three other nods from the BFCA, including one for Best Actress in "Enchanted."

Twenty-year-old Jennifer Lawrence earned nods in both the Best Actress and Best Young Actor/Actress categories, among the four nominations for "Winter's Bone," while fourteen-year-old Hailee Steinfeld earned nods as both Best Supporting Actress and Best Young Actor/Actress for "True Grit," contributing to its 11 nominations. Thirteen-year-old Chloe Grace Moretz was nominated in the Best Young Actor/Actress category twice for "Let Me In" and "Kick-Ass."

Brothers Joel and Ethan Coen continue to be Critics' Choice favorites, nominated jointly for Best Director and Best Adapted Screenplay for "True Grit." Previously they had shared Best Director honors for "No Country For Old Men," and were nominated as writers of "The Man Who Wasn't There," "A Serious Man" and "No Country For Old Men." "No Country For Old Men" and "Fargo" also won Critics' Choice Awards as Best Picture.

The 250 members of the BFCA, the largest film critics' organization in the United States and Canada, representing television, radio and online critics, selected nominees in each of 25 categories. The awards are bestowed annually to honor the finest in cinematic achievement. Eligible films were released in 2010. The accounting firm of Gregory A. Mogab tallied the written ballots.

Historically, the Critics' Choice Movie Awards are the most accurate predictor of the Academy Award nominations. All four major acting category winners at the Academy Awards in 2010 were first Critics' Choice Movie Awards winners in the same categories and were present at the January 15, 2010 ceremony to graciously give their first acceptance speeches of the awards season. The BFCA also recognized "The Hurt Locker" for Best Picture and Kathryn Bigelow as Best Director, making her the first female to win the award. "The Hurt Locker" and Bigelow also went on to win the Academy Award for Best Picture and Best Director, but were both overlooked at the Golden Globes.

Today, VH1 also announces the launch of its Critics' Choice Movie Awards site at CriticsChoice.VH1.com. The site offers movie fans detailed information about the show and this year's nominees, VH1.com's Award Season Twitter Tracker, where users can see the awards show buzz that's happening on Twitter in real time, and Quick Critic, an opportunity to share short film reviews for a prize that includes a trip for two to next year's Critics' Choice Movie Awards. Additionally, interviews with many of the acting nominees can be found on the BFCA's site CriticsChoice.com.

The 16th annual Critics' Choice Movie Awards is executive produced by Jesse Ignjatovic for Den of Thieves, Joey Berlin for Berlin Entertainment and Lee Rolontz for VH1.