Oscars 2016 Best-Dressed Celebrities



1 / 16 Chevron Chevron From Getty Images. Cate Blanchett in Armani. Scientists have proven it is impossible to look at this dress and not gasp and then remain speechless for at least 10 seconds.

It’s been a long and turbulent awards season, but the big night is finally here: tonight the Academy of Motion Picture Arts and Sciences will hand out their annual awards, and in doing so end what’s been one of the most unpredictable Oscar races in recent memory. Continue refreshing this post for the latest updates from the red carpet and the awards themselves, and don't go anywhere when the awards are done; the night really gets started when our Vanity Fair Oscar Party coverage begins immediately after the show concludes.

11:59: Just before everyone on the east coast passes out and Sunday passes into Monday, it’s time for best picture! Spotlight takes it from the more widely predicted favorite The Revenant, and for the first time in a long while, the year’s critical favorite matches up with with the best picture winner. And that’s a wrap on Oscar night!

11:54: It is! DiCaprio takes the stage to a standing ovation, the crowd clearly as eager to see him finally win as the rest of us. Calling Tom Hardy his “brother in this endeavor” he went straight into thanking the team behind The Revenant (the stories about how hard it was to make that movie seem to have really bonded them). He goes all the way back to the beginning of his career to thank the people who got him there, including Martin Scorsese and my friends, “you know who you are.” And he makes room for a shout-out to environmental issues: “climate change is real . . . it is the most urgent threat facing out entire species.”

11:52: And now, for the award that many have been waiting 20 years for: is this Leonardo DiCaprio’s Oscar win at last?

11:46: Time for best actress! Brie Larson takes it, as widely predicted, and hugs her co-star Jacob Tremblay almost immediately before taking the stage. She starts by thanking the many film festivals that first showed Room, which went into the season as a major underdog.

11:43: “It is infomercial late!” says Chris Rock, coming back from commercial. Our thoughts exactly!

11:37: Alejandro González Iñárritu wins his second best director Oscar in a row for The Revenant, the first director to accomplish that particular feat since 1950. In a heartfelt speech he gave particular thanks to star Leonardo DiCaprio, whom we widely expect to be the next person from The Revenant to accept a little gold man.