The Hurt Locker sweeps this year's award show to take Best Picture and Best Director!
Get your two cents in about this year's Academy Award winners as they happen. Watch LIVE red carpet footage now!
The James Cameron film and Pixar animated film walked away with the main awards.
Avatar and The Hurt Locker lead the Oscar race with 9 nominations each.
True Blood, The Vampire Diaries and Inglourious Basterds also win big.
Director Kathryn Bigelow and screenwriter Nora Ephron will also be honored.
Revenue from the past four months has hit $4.17 billion.
We have all the details on the latest Pixar hit to come to both formats.
BOX OFFICE BEAT DOWN: Harry Potter and the Half-Blood Prince Conjures Up $79.4 Million for First Place.
Ice Age: Dawn of the Dinosaurs stays in second place with another $17.7 million.
Ice Age 3 walks the dinosaur into second place with $28.5 million.
Public Enemies brings up the rear in third place with $26 million.
BOX OFFICE BEAT DOWN: Transformers: Revenge of the Fallen Owns the Weekend with Another $112 Million
The hard-hitting sequel has earned $201.2 million since Wednesday.
The Hangover maintains its buzz with $26.8 million in second place.
Up remains floating in second place with another $30.5 million.
The Hangover shakes itself into a close second place with $43.2 million.
Night at the Museum: Battle of the Smithsonian drops to number two with $25.5 million.
Take a look at our brand new slew of images and video from the new Pixar film.
Take a new look at this upcoming Pixar animated adventure.
The comedic adventure opens in theaters on May 29.
The animated Pixar film will premiere in digital 3D.