The film has sparked controversy for its portrayal of cartel violence in Mexico and its transgender lead character.

In the year without a frontrunner, the doors are still wide open. I’m predicting three films will tie for the most nominations with 10 each: “Conclave,” “Emilia Pérez” and “Wicked.” Jacques Audiard's crime musical "Emilia Pérez" is poised to dominate,

Emilia Pérez has the potential to set an Oscar milestone when the nominations are announced on Thursday. The Spanish-language Netflix musical drama about a trans drug lord could establish a new record for most nominations for an international film.