Jeffrey Katzenberg’s studio has been snubbed by the Academy Awards two years in a row now, and only scored house nominations once in the past five years (Wallace & Gromit was the studio’s last win since 2001’s Shrek but an Aardman production). Tough to digest for the only studio in town to be solely dedicated to animation and releasing two features a year. But industry insiders agree that things are about to change this year with Kung Fu Panda a strong contender for at least an Oscar nomination and–depending how much Wall•E actually delivers–possibly a win. The Envelope takes a closer look… Many expect Waltz With Bashir to be the third nominee in the animation category.