Tom Hooper’s British period drama, “The King’s Speech” won the Academy Award for Best Picture Sunday, the film industry’s most coveted prize.

Hooper also won top honors in the category of Direction, and Colin Firth, who played the titular speech-challenged king, won Best Actor.

It was really a two dog race. David Fincher’s techno-hip “The Social Network,” about the founding of Facebook, was the only real challenger. And many Oscar prognosticators considered King’s win an upset.

“The Social Network” did, however, win for Best Adapted Screenplay (Aaron Sorkin), Best Original Score (Trent Reznor of Nine Inch Nails and Atticus Ross), and Editing.

Natalie Portman won her first Oscar for Best Actress for her performance as a psychologically troubled ballerina in “Black Swan.”

See list of winners below:

1. Best Picture: “The King’s Speech.”

2. Actor: Colin Firth, “The King’s Speech.”

3. Actress: Natalie Portman, “Black Swan.”

4. Supporting Actor: Christian Bale, “The Fighter.”

5. Supporting Actress: Melissa Leo, “The Fighter.”

6. Directing: Tom Hooper, “The King’s Speech.”

7. Foreign Language Film: “In a Better World,” Denmark.

8. Adapted Screenplay: Aaron Sorkin, “The Social Network.”

9. Original Screenplay: David Seidler, “The King’s Speech.”

10. Animated Feature Film: “Toy Story 3.”

11. Art Direction: “Alice in Wonderland.”

12. Cinematography: “Inception.”

13. Sound Mixing: “Inception.”

14. Sound Editing: “Inception.”

15. Original Score: “The Social Network,” Trent Reznor and Atticus Ross.

16. Original Song: “We Belong Together” from “Toy Story 3,” Randy Newman.

17. Costume Design: “Alice in Wonderland.”

18. Documentary Feature: “Inside Job.”

19. Documentary (short subject): “Strangers No More.”

20. Film Editing: “The Social Network.”

21. Makeup: “The Wolfman.”

22. Animated Short Film: “The Lost Thing.”

23. Live Action Short Film: “God of Love.”

24. Visual Effects: “Inception.”