Airing live from the Dolby Theater in Los Angeles, this year's ceremony is being hosted by "Family Guy" creator Seth MacFarlane. Up for Best Picture this year are plenty of 2012's biggest hits, including "Argo," "Zero Dark Thirty," "Lincoln," and "Django Unchained."
We will be updating the list of winners as soon as the show starts at 8:30 p.m. EST on ABC, so get your ballots ready! And make sure to follow our liveblog below, with analysis and updates being throughout the the night.
Daniel Day-Lewis for "Lincoln"
Jennifer Lawrence for "Silver Linings Playbook"
BEST SUPPORTING ACTRESS
Anne Hathaway for "Les Miserables"
BEST SUPPORTING ACTOR
Christoph Waltz for "Django Unchained"
Ang Lee for "Life of Pi"
BEST ADAPTED SCREENPLAY
BEST ORIGINAL SCREENPLAY
BEST ANIMATED FILM
BEST FOREIGN LANGUAGE FILM
BEST MUSIC (ORIGINAL SONG)
"Skyfall" from "Skyfall" (Music and Lyric by Adele Adkins and Paul Epworth)
BEST MUSIC (ORIGINAL SCORE)
Mychael Danna for "Life of Pi"
BEST PRODUCTION DESIGN
"Life of Pi"
BEST DOCUMENTARY (FEATURE)
"Searching for Sugar Man"
BEST VISUAL EFFECTS
"Life of Pi"
BEST COSTUME DESIGN
BEST FILM EDITING
BEST SOUND EDITING
"Zero Dark Thirty"
BEST SOUND MIXING
BEST SHORT FILM (ANIMATED)
BEST SHORT FILM (LIVE ACTION)
BEST DOCUMENTARY (SHORT)
Click here for all the highlights and lowlights
Seth MacFarlane and Kristin Chenoweth singing a tribute to the losers...
This is certainly... something
(But we all saw it coming)
Michella Obama is presenting Best Picture.
Daniel Day-Lewis wins Best Actor for 'Lincoln'
But somehow J-Law pulled it off!
Jennifer Lawrence wins for 'Silver Linings Playbook'!
WE CAN DO THIS PEOPLE! TIME TO RALLY!
Ang Lee for 'Life of Pi'!
QT likes tying his ties like he lives his life: fast and loose.
Dustin Hoffman must be overwhelmed right now.
For Best Original Song for 'Skyfall!'
(But was it ever in doubt?)
'Life of Pi'!