Hollywood's biggest night is here! Don't miss a minute of all of the highlights from the red carpet, the big show and backstage. HLN has you covered with all of the must-see moments of the 85th annual Academy Awards.
[11:55 p.m] It's official -- "Argo" wins the night's top award for Best Picture!
[11:53 p.m.] FLOTUS is glimmering in her Oscar gown in a video message as she helps Jack Nicholson to introduce the nominees for Best Picture.
[11:48 p.m] Daniel Day-Lewis becomes the first actor to win three Oscars in the Best Actor in a leading role category as he accepts the award for his work in "Lincoln." He also is the first actor to win for a lead role in a Steven Spielberg film.
[11:43 p.m] Jennifer Lawrence wins the Oscar for Best Actress for her role in "Silver Linings Playbook" and her enthusiasm gets the best of her as she trips up the stage stairs to accept her award.
[11:34 p.m] An ecstatic Ang Lee takes the stage as he wins the Oscar for Best Director for "Life of Pi." This is his second Oscar win after winning for "Brokeback Mountain" in 2006.
[11:27 p.m.] Quentin Tarantino thanks his neighbor Charlize Theron for presenting him with his Oscar for winning Best Original Screenplay. Chris Terrio wins Best Adapted Screenplay for "Argo" and gives a big shout-out to Ben Affleck and Affleck's Oscar win 15 years ago for "Good Will Hunting."
[11:16 p.m.] Adele hits the awards show trifecta this season, winning a Golden Globe, Grammy and now an Oscar for Best Original Song for "Skyfall." The British singer gets teary during her acceptance speech and tells the crowd "You're all amazing!"
[11:11 p.m] The all-star cast of the musical "Chicago" announces the Oscar winner for Best Original Score -- Mychael Danna for "Life of Pi."
[11:00 p.m.] Here she is -- Barbra Streisand sings "The Way We Were" following the "In Memoriam" tribute.
[10:57 p.m.] George Clooney takes the stage to introduce the "In Memoriam" tribute.
[10:47 p.m] Two major movie franchises join forces! "Harry Potter" star Daniel Radcliffe and "Twilight's" Kristen Stewart announce the winner of the Best Production Design Oscar is "Lincoln."
[10:35 p.m.] The musical moment we've all been waiting for -- Adele sings "Skyfall!"
[10:33 p.m.] A beaming Ben Affleck and George Clooney look up at William Goldenberg as he wins Best Film Editing Oscar for "Argo."
[10:25 p.m.] Touching end to Anne's speech -- "Here's hoping that someday in the not too distant future the misfortunes of Fantine will only be found in stories and never more in real life."
[10:23 p.m.] Anne Hathaway gives her husband a big kiss and her co-star Hugh Jackman a huge hug before taking the stage to accept her Oscar for Best Supporting Actress for her role in "Les Miserables." The first words of her speech -- "It came true."
[10:13 p.m.] Seth MacFarlane's "Ted" stars, Mark Wahlberg and "Ted," announce the next two Oscars. "Les Miserables" wins for Best Sound Mixing and it's a tie for Best Sound Editing going to "Zero Dark Thirty" and "Skyfall."
[10:02 p.m.] Continuing the musical ode, the nominated "Les Miserables" cast takes the stage showing off their amazing vocal skills. Kelly Clarkson was a fan!
Wow, the cast of Les Miserables just made me cry. That was such a great performance all of you! Y'all should feel proud!
— Kelly Clarkson (@kelly_clarkson) February 25, 2013
[9:57 p.m.] Some of the best moments of music in film are highlighted as Catherine Zeta-Jones performs a number from "Chicago" and Jennifer Hudson belts out a "Dreamgirls" hit. Hudson receives the second standing ovation of the night from the crowd.
[9:50 p.m.] Lovely ladies Jennifer Garner and Jessica Chastain take the stage to announce "Amour" as the winner of the Oscar for Best Foreign Language Film.
[9:43 p.m] "Searching for Sugarman" takes home the Oscar for Best Documentary Feature. Fun fact: The filmmaker finished editing this documentary on an iPhone app after running out of funding!
[9:32 p.m.] "Django Unchained" co-stars Jamie Foxx and Kerry Washington announce the Oscar winner for Best Live Action Short Film is "Curfew." Second winner they announce is "Inocente" for Best Documentary Short Subject.
[9:27 p.m.] Shirley Bassey brings the house to their feet, receiving a standing ovation after her performance during the Bond tribute.
[9:18 p.m.] Channing Tatum and Jennifer Aniston take the stage to announce the winners of two more Oscars -- Best Costume Design goes to Jacqueline Durran for "Anna Karenina" and Best Makeup and Hairstyling goes to Lisa Westcott and Julie Dartnell for "Les Miserables."
[9:15 p.m] Oscar winner Christoph Waltz makes his way backstage and tells reporters his award is only "7 minutes old" and hasn't had a chance to talk to director Quentin Tarantino about a possible third role in one of his films. Waltz has now won Oscars for roles in two Tarantino films: "Inglourious Basterds" and "Django Unchained."
[9:05 p.m] Never fear, the superheroes are here! "The Avengers" -- Chris Evans, Jeremy Renner, Samuel L. Jackson, Robert Downey Jr., and Mark Ruffalo -- announce that the Best Cinematography Oscar goes to Claudio Mirando for "Life of Pi." They also announce the Oscar for Best Visual Effects goes to "Life of Pi."
[8:58 p.m] Next two Oscars go to John Kahrs for "Paperman" in the Best Animated Short category and "Brave" for Best Animated Feature Film.
[8:50 p.m.] First award of the night for Best supporting actor goes to Christoph Waltz for his role in "Django Unchained." This is his second Oscar win after taking home the gold in 2010 for his role in "Inglourious Basterds."
[8:43 p.m.] This is already shaping up to be a very musical Oscars with MacFarlane including Channing Tatum, Charlize Theron, Joseph Gordon-Levitt and Daniel Radcliffe.
[8:39 p.m] No one is safe in Seth MacFarlane's opening monologue -- he's already taken jabs at Tommy Lee Jones, Chris Brown and Rihanna, Mel Gibson and Jodie Foster.
[8:02 p.m.] Presenter Kristen Stewart shows up on the red carpet with a not-so-fashionable accessory -- crutches!
[7:47 p.m.] Showbiz Tonight can tell you Adele is wearing Harry Winston earrings and diamond ring.
[7:27 p.m.] Best supporting actress nominee Anne Hathaway tells Piers Morgan she chose her Prada dress because she liked the back of it.
[7:20 p.m.] Jennifer Aniston surprises everyone by walking the red carpet with her fiancé Justin Theroux.
[7:16 p.m.] Fashion alert! Best supporting actress nominee Helen Hunt tells Piers Morgan she is wearing H&M.
[7:02 p.m.] Best actress nominee Jennifer Lawrence tells Piers Morgan the highlight of her night will be meeting Al Roker.
[6:52 p.m.] One of the night's presenters, Kerry Washington, makes her way down the red carpet in a Prada gown.
[6:43 p.m.] 9-year-old Best actress nominee Quvenzhane Wallis mocks Piers Morgan's English accent on the red carpet and shows off her adorable puppy purse.
[6:29 p.m] Best actress nominee Jessica Chastain arrives on the red carpet looking radiant in a nude Armani gown along with vintage 10-carat Harry Winston diamond earrings and vintage Harry Winston 24-carat diamond and gold bracelet. She tells CNN's Piers Morgan she doesn't think this is her year to win the Oscar!