Roll out the red carpet, it's time to hand out some statuettes.
30 million - The approximate number of dollars the ceremony costs - that includes the host Jimmy Kimmel's fee, which for previous year he revealed was $15,000 - not much comparatively for such a high profile gig. The proceedings will be televised in more than 225 countries and territories worldwide.
"Jimmy's job as the host of his own show is different than his job as the Oscars host". He served 18 times between 1940 (Gone With the Wind was best picture) and 1978 (Annie Hall). The Academy gave show credentials to 299 press organizations this year out of the 785 outlets that applied. They were only 15 minutes long, watched by only 270 people at the Hollywood Roosevelt Hotel.
Tickets to the private dinner cost $5 and there were only 270 folks attending. The Oscars: All Access, which can be viewed by Facebook Live via the Academy of Motion Picture Arts & Sciences page, will allow viewers to watch interviews with Tinsletown's most notable stars. At the same time, Kimmel told ABC News that, "This show is not about reliving people's sexual assaults - it's an awards show for people who have been dreaming about maybe winning an Oscar for their whole lives".
While there is no official repeat planned, some actresses have indicated they will again wear black in support of #MeToo on Sunday.
What's in store for this year? The first Oscar of the night was awarded in the Best Supporting Actor category to Sam Rockwell for "Three Billboards Outside Ebbing Missouri".
The concentrated focus on the popular categories often takes the spotlight away from categories where an award not only makes a big difference to the way films are perceived, but also the impact it has on future generations.
Should Win: Gary Oldman's full and complete transformation into Winston Churchill is something they should teach in acting (and makeup) classes forever. Guillermo del Toro's The Shape of Water leads the pack with 13 nominations. Being the TV guy, I rarely get out of the recliner into a theater. Perhaps his most memorable joke was in 1968: "I've never seen six hours whiz by so fast".
Are you ready to watch Sunday's Oscars? Confirmed presenters include 2017 Oscar winners Emma Stone, Viola Davis and Mahershala Ali. With equality and women's rights continuing to be at the forefront of conversations coming out of Hollywood, here is a look at the best empowerment speeches delivered by women at the Oscars. She co-wrote the song with Raphael Saadiq and Taura Stinson. He has won twice, for "Glory" and "Training Day".
"This Is Me" from The Greatest Showman - Keala Settle.
Who will win: I'm extremely confident that "Call Me By Your Name" will win in this category.
The E! channel will begin broadcasting from the Oscars red carpet at noon today while ABC will begin its coverage at 5:30 p.m.
The 2018 Academy Awards is slated to air at 8 p.m. EST/5 p.m. PST on ABC.