Now that the final trophies have all been handed out at the BAFTAs, Golden Globes and SAG Awards, all eyes are on arguably the biggest night in film – the Oscars. This year's Academy awards will be held at the Dolby Theatre in Hollywood on 22 February, with Neil Patrick Harris taking on hosting duties for the first time.
Neil Partick has said it is a "dream come true" to present the awards, and will follow in the footsteps of Ellen DeGeneres, who created the most retweeted tweet of all time when she hosted the show in 2014. However both stars are a long way off holding the record of presenting the awards; the honour goes to comedian Bob Hope who hosted the Oscars 18 times.
Hollywood's biggest stars will take to the incredible 500 foot long red carpet at the 87th Academy Awards in the hope of taking home an Oscars statuette. Win or lose, they won't be going home empty handed – the day after, nominees who missed out on an award will be presented with the "Everybody Wins at the Oscars Nominee Gift Bag", which is worth over £53,000.
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The 87th Oscars will be hosted at the Dolby Theatre in Hollywood on 22 January
With over half of this year's nominated actors receiving their first Oscars nod in 2015 there is bound to be a buzzing atmosphere, with Eddie Redmayne, Benedict Cumberbatch, Patricia Arquette and Emma Stone all competing to take home their first Oscar.
Also confirmed to attend is Meryl Streep, who has received her 19th Oscar nomination this year for her performance in Into The Woods.
While we can only speculate about who will win, what the stars will be wearing, and what will be a highlight of the 87th Academy Awards, there are a few things we do know.
Scroll through the gallery above to see ten fun Oscars facts…