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January 16, 2014 AT 8:20 PM
The Oscar nominations were announced on Thursday morning and there were a few big names that were noticeably absent from the list. Among those snubbed by the Academy include Robert Redford, Tom Hanks, and Oprah Winfrey. Gold Derby’s Tom O’Neil told “The Insider” that Lady O’s film, “The Butler” likely underperformed because the it was released in the summer and lost its steam.