SAG Nominations
Actress Anna Faris (left) and actor Anthony Mackie (right) help announce the SAG Awards nominations on Dec. 9, 2015, in West Hollywood, California. Vivien Killilea/Getty Images

The nominations for the Screen Actors Guild Awards -- or the SAGs -- were announced Wednesday. However, everyone knows that the Academy Awards are the show everyone is really waiting to see every year. So, how did Wednesday's news shake up the Oscar race?

Here are the biggest winners and losers from the SAG nominations.

Winners

1. "Beasts of No Nation"

Many predicted that Idris Elba would be in the running for the best supporting actor Oscar for his haunting performance as the Commandant in Cary Fukunaga's "Beasts of No Nation," so his nomination in that category is no surprise here. However, the Netflix film's outstanding performance by a cast nomination -- the SAG equivalent to the best picture Oscar -- is a huge test of momentum for a movie that will need a lot of it if it hopes to score a some nominations in the more conservative Oscars as a largely non-theatrically released film -- Netflix screened the film in the minimal amount of theaters necesary to qualify for Oscar nominations, but released the movie to subscribers online the same day. This is a big positive for the groundbreaking release.

2. "Trumbo"

Bryan Cranston, Helen Mirren, and the cast as a whole scored nominations. Jay Roach's cheeky look at Hollywood in the era of the Blacklist was an Oscar frontrunner out of the gate sporting a fun and fierce Cranston as stubborn screenwriter Dalton Trumbo. However, reviews did not quite match the hype. The nominations will help put the movie back on track.

3. Sarah Silverman

Comedians and comedies usually have a tough time being taken seriously come awards season. However, Sarah Silverman got a nod here for outstanding actor for nailing the nuances of depression in "I Smile Back." Could she carry that momentum to an underdog Oscar nomination?

Losers

1. Matt Damon

"The Martian" was big box office, as well as a hit with critics. That did not earn Matt Damon an outstanding actor nomination here and renders him a bit of an underdog going into the Oscar race.

2. Jennifer Lawrence

That is ditto for J-Law. The combination of Jennifer Lawrence and David O. Russell has been kind to the actress in past award seasons -- she earned a win for "Silver Linings Playbook" and a nomination for "American Hustle" -- but she came up short here for "Joy."

3. "Straight Outta Compton"

No one really expected the NWA biopic to score any individual acting nominations -- though, many have argued that it deserves them -- but outstanding cast in a motion picture seemed like a category where the film could score a well deserved win. The snub will certainly re-raise legitimate questions about diversity in Hollywood's awards shows.

The full list of nominees can be found HERE.

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