It's the annual salute to soaps, talkers and kids' shows.
The 32nd annual Daytime Emmy Awards will be given out Friday night at 9 p.m. EDT, live on CBS from New York City's Radio City Music Hall.
DeGeneres' show won last year's award for best talk show — in its freshman season — and will be competing in that category this year against "The View," "Live With Regis & Kelly," "Dr. Phil" and "Soap Talk."
"All My Children" will compete for best drama series, with its star Michael E. Knight nominated for best actor along with Roger Howarth of "As the World Turns," Jack Wagner (search) of "The Bold and the Beautiful," Steve Burton of "General Hospital," Grant Aleksander of "Guiding Light" and Christian Jules LeBlanc of "The Young and the Restless."
Oddly, the eight nominees for best actress didn't include anyone from "All My Children" or seemingly perennial nominee Susan Lucci (search).
The best actress nominees were: Martha Byrne, "As the World Turns"; Susan Flannery, "The Bold and the Beautiful"; Nancy Lee Grahn, "General Hospital"; Kim Zimmer, "Guiding Light"; Erika Slezak and Kassie DePaiva, "One Life to Live"; Juliet Mills, "Passions"; and Michelle Stafford, "The Young and the Restless."
"Martha Stewart Living" received three nominations.
"General Hospital" and "Guiding Light" both received 13 nominations, as did the venerable children's show "Sesame Street."
The hosts of all the nominated talk shows also earned nominations for best talk show host.
The Associated Press and the New York Post contributed to this report.