— Oscars Red Carpet 2018

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The Academy Awards, also known as the Oscars, are a set of 24 awards for artistic and technical merit in the American film industry, given annually by the Academy of Motion Picture Arts and Sciences (AMPAS), to recognize excellence in cinematic achievements as assessed by the Academy's voting membership. The various category winners are awarded a copy of a golden statuette, officially called the "Academy Award of Merit", which has become commonly known by its nickname "Oscar". The sculpture was created by George Stanley. The awards, first presented in 1929 at the Hollywood Roosevelt Hotel

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Chelsea Peretti attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Andra Day (L) and Ansel Elgort attend the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California.

Andra Day (L) and Ansel Elgort attend the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Woody Harrelson attends the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California.

Woody Harrelson attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Abbie Cornish attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Daniel Phillips (L) and Lou Sheppard attend the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Reed Van Dyk (L) attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Andra Day (L) and Ansel Elgort attend the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California.

Andra Day (L) and Ansel Elgort attend the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Dawn Hudson attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Ashley Judd attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Dawn Hudson attends the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California. Hollywood California, In Hollywood, March 4, Academy Awards, Film Industry, Oscars, Dawn, Red Carpet, Formal Dresses

Dawn Hudson attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Chelsea Peretti attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

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Chelsea Peretti attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Ramsey Ann Naito (L) and guest attend the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California. Hollywood California, In Hollywood, March 4, Academy Awards, Film Industry, Oscars, Red Carpet, Ann, American

Ramsey Ann Naito (L) and guest attend the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.

Jordan Peele attends the Annual Academy Awards at Hollywood & Highland Center on March 2018 in Hollywood, California.

Jordan Peele attends the 90th Annual Academy Awards at Hollywood & Highland Center on March 4, 2018 in Hollywood, California.