The group of Hollywood producers also nominated animated film Up and Quentin Tarantino's Inglourious Basterds.
He hinted at a further revenge movie following the success of Inglourious Basterds and Django.
The Austrian actor won his first Oscar as a Nazi colonel in Tarantino's Inglourious Basterds in 2010.
In 2010 he won the best supporting actor Oscar for his role in another Tarantino movie, Inglourious Basterds.
" Waltz won the supporting actor prize for his turn as a loquacious Nazi in Tarantino's "Inglourious Basterds.
The best supporting actor and actress awards were collected by Christoph Waltz for Inglourious Basterds and Mo'Nique for Precious respectively.
Quentin Tarantino didn't give himself any breaks while making his latest film "Inglourious Basterds, " which premiered at Cannes this week.
"Inglourious Basterds, " Tarantino's first film since "Death Proof, " has been one of the most keenly anticipated premieres at this year's Cannes.
CNN: Have Tarantino and his 'Inglourious Basterds' got what it takes?
Other Best Picture nominees like The Hurt Locker, Up and Inglourious Basterds could see improvements in their DVD sales and rental numbers.
Inglourious Basterds had plenty of gun play but its fable-like story about a bunch of American Jews out to kill Hitler could have easily alienated audiences.
Universal also distributed two of the Best Picture Nominees: A Serious Man, through its Focus Features division, and Inglourious Basterds in a partnership with The Weinstein Company.
Set in WW2, it follows a renegade band of Jewish-American solders known as "The Basterds, " who are dropped behind enemy lines to brutally kill and scalp German soldiers.
CNN: Have Tarantino and his 'Inglourious Basterds' got what it takes?
So far "Inglourious Basterds" has received mixed reviews.
CNN: Have Tarantino and his 'Inglourious Basterds' got what it takes?
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