Hollywood is gearing up for the biggest event in the global entertainment calendar, the 88th Academy Awards. The Oscars ceremony, which will bring together the biggest names in the film industry, will take place at the Dolby Theater in Los Angeles on 28 February.
The best picture race is tight, with Alejandro González Iñárritu's dark drama
The Revenant competing against Tom McCarthy's investigative journalism tale Spotlight. However, there are clear favourites in the best actor and actress categories: Brie Larson has been tipped to win for Room, and we can say with almost complete confidence that Leonardo DiCaprio is finally going to get his hands on an Oscar for his role as a fur trapper bent on revenge in The Revenant.
Of course, it's not just about film. The Oscars red carpet is the
Hollywood fashion event of the year. While we wait to see who wins what and what they're wearing, IBTimes UK looks back at the best photos and most memorable moments in Oscars history. 25 March 1954: Audrey Hepburn poses with her Oscar for Best Actress for the film Roman Holiday AFP 11 April 1962: Hollywood's golden couple Warren Beatty and Natalie Wood arrive at the Oscars William Lovelace/Express/Getty Images 7 April 1970: John Wayne accepts his Best Actor Oscar for the film True Grit from Barbra Streisand AFP 13 April 1972: Charlie Chaplin arrives back in London with his wife Oona and his Honorary Oscar Keystone/Getty Images 2 April 1974: Elizabeth Taylor laughs as she is upstaged by a streaker before she presented the Oscar for Best Picture Hulton Archive/Getty Images 25 March 1985: Michael Douglas applauds his father Kirk Douglas during the 57th Annual Academy Awards Rob Boren/AFP 29 March 1993: Clint Eastwood poses with the two Oscars he won for Best Director and Best Picture for Unforgiven, and with presenters Jack Nicholson and Barbra Streisand Scott Flynn/AFP 21 March 1994: Nick Park holds the Oscar he received for Animated Short Film The Wrong Trousers Reuters 21 March 1994: Eleven-year-old Anna Paquin poses with the Oscar she received for Best Supporting Actress for The Piano Timothy A Clary/AFP 27 March 1995: Tom Hanks drinks and holds onto his Oscar at the Governor's Ball after the 67th annual Academy Awards. Hanks won Best Actor for his role in the film Forrest Gump which also won five other awards Vince Bucci/AFP 27 March 1995: Co-writers Quentin Tarantino and Roger Avary accept the Oscar for Best Original Screenplay for the film Pulp Fiction Don Emmert/AFP 25 March 1996: Superman actor Christopher Reeve, who was paralysed when he fell off a horse, speaks at the 68th Academy Awards Gary Hershorn/Reuters 24 March 1997: Cuba Gooding Jr throws his Oscar into the air after he won Best Supporting Actor for his role in Jerry Maguire Hector Mata/AFP 23 March 1998: James Cameron holds the three Oscars he won for Titanic, for Best Film, Best Director and Best Editing Hector Mata/AFP 23 March 1998: Matt Damon and Ben Affleck pose with Robin Williams and their Oscars they won for Good Will Hunting. Damon and Affleck won Best Original Screenplay and Williams won for Best Supporting Actor Hal Garb/AFP 21 March 1999: Host Whoopi Goldberg, dressed as Queen Elizabeth I, opens the 71st Academy Awards Timothy A Clary/AFP 21 March 1999 : Gwyneth Paltrow cries uncontrollably as she receives the Oscar for Best Actress for her role in Shakespeare in Love Timothy A Clary/AFP 21 March 1999: Roberto Benigni is led off the stage by Sophia Loren after winning the Oscar for Foreign Language Film for Life is Beautiful. He also won Best Actor Timothy A Clary/AFP 26 March 2000: Robin Williams performs the song Blame Canada, from the film South Park: Bigger, Longer & Uncut, nominated for Best Original Song Timothy A Clary/AFP 26 March 2000: Angelina Jolie poses with her Oscar for Best Supporting Actress for Girl, Interrupted David McNew/Getty Images 25 March 2001: Pamela Anderson and Elizabeth Hurley pose together as they arrive at the Vanity Fair post-Academy Awards party Reuters 24 March 2002: Best Actor and Actress winners Halle Berry and Denzel Washington pose with their Oscars. Washington won for his role in Training Day and Berry won for Monster's Ball, becoming the first African-American woman to ever win an Oscar for a leading role (and the last, so far) Frederick M. Brown/Getty Images 24 March 2002: Whoopi Goldberg covers up an Oscars statue during the 74th Academy Awards Timothy A Clary/AFP 27 February 2005: Chris Rock gives a raised-fist salute backstage after his stint as the first African-American host of the Oscars. He returns this year Carlo Allegri/Getty Images 25 February 2007: Tom Cruise and his wife Katie Holmes arrive for the Vanity Fair Oscars Party Chris Pizzello/Reuters 22 February 2009: Beyonce Knowles performs with show host Hugh Jackman during the 81st Academy Awards Gary Hershorn /Reuters 22 February 2009: Kate Winslet accepts the Oscar for Best Actress for The Reader, in front of former best actress winners Sophia Loren, Shirley MacLaine, Nicole Kidman, Halle Berry and Marion Cotillard Gary Hershorn/Reuters 22 February 2009: Man on Wire director Philippe Petit balances the Oscar he won for Best Documentary Feature Gary Hershorn/Reuters 7 March 2010: Best Actress nominees Sandra Bullock and Helen Mirren joke around on the red carpet Brian Snyder/Reuters 7 March 2010: Ben Stiller presents the award for best make-up at the 82nd Annual Academy Awards Kevin Winter/Getty Images 26 February 2012: Bret McKenzie, nominated for the Original Song award for Man or Muppet, jumps as Jane Seymour poses on the red carpet Mario Anzuoni/Reuters 26 February 2012: Meryl Streep, winner of the Best Actress Award for The Iron Lady, hugs an Oscar statue in the press room Jason Merritt/Getty Images 24 February 2013: Sofia, daughter of Claudio Miranda, Chilean Best Cinematography nominee for the film Life of Pi, makes a face as she walks the red carpet with her parents Lucy Nicholson/Reuters 24 February 2013: Jennifer Aniston is seen backstage. She presented the Best Costume Design award together with Channing Tatum Christopher Polk/Getty Images 24 February 2013: Jennifer Lawrence trips as she heads onto the stage to collect her Best Actress award for Silver Linings Playbook Kevin Winter/Getty Images 24 February 2013: Jennifer Lawrence reacts as she poses backstage with her Oscar after winning the Best Actress award for Silver Linings Playbook Mike Blake/Reuters 2 March 2014: Cate Blanchett smiles backstage after winning the Best Actress Oscar for Blue Jasmine Christopher Polk/Getty Images 2 March 2014: Benedict Cumberbatch photobombs the members of U2 as they pose on the red carpet Mike Blake/Reuters 2 March 2014: Anne Hathaway catches Jared Leto as he photobombed her at the Vanity Fair Oscars Party Danny Moloshok/Reuters 2 March 2014: David O Russell runs away with Spike Jonze's Best Original Screenplay Oscar for the film Her Danny Moloshok/Reuters 2 March 2014: Best Supporting Actor winner Jared Leto poses backstage with Best Supporting Actress winner Lupita Nyong'o Christopher Polk/Getty Images 2 March 2014: Host Ellen DeGeneres poses for a selfie taken by Bradley Cooper with (clockwise from L-R) Jared Leto, Jennifer Lawrence, Channing Tatum, Meryl Streep, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyong'o, Angelina Jolie, Peter Nyong'o Jr and Bradley Cooper. (Just out of shot: Liza Minnelli) Ellen DeGeneres/Twitter via Getty Images 2 March 2014: Meryl Streep, Best Actress nominee for her role in August: Osage County, arrives at the 86th Academy Awards Mike Blake/Reuters 22 February 2015: Viola Davis is seen backstage at the 87th Annual Academy Awards Christopher Polk/Getty Images 22 February 2015: Emma Stone and Julianne Moore embrace at the Governors Ball after the Oscars ceremony Kevork Djansezian/Getty Images 22 February 2015: Anna Kendrick arrives at the 87th Annual Academy Awards Michael Buckner/Getty Images 22 February 2015: Jared Leto photobombs producer James W Skotchdopole as he poses with the Best Picture award for Birdman at the Vanity Fair Oscars Party Danny Moloshok/Reuters 22 February 2015: Jennifer Lopez heads onto stage to present the award for Best Costume Design Christopher Polk/Getty Images 22 February 2015: Lupita Nyong'o attends the 87th Annual Academy Awards Frazer Harrison/Getty Images 22 February 2015: Eddie Redmayne speaks onstage after winning the Best Actor Oscar for The Theory of Everything Christopher Polk/Getty Images 22 February 2015: Jennifer Aniston and Emma Stone hug on the red carpet Jason Merritt/Getty Images 22 February 2015: Idina Menzel and John Travolta share an uncomfortable kiss as they present the award for Best Original Song Kevin Winter/Getty Images