Hollywood's brightest stars and the brilliant talents behind the box office movies will finally come together to Sunday's big event. Every year, the Oscars give recognition to their valuable efforts to entertain the public and give life to stories on the big screen. This year's Academy Awards is something to look forward to as it already reaches its 89th year and will once again showcase only the best of the best.

For all those who have been anticipating the Oscars since its announcement of nominees in Los Angeles, Mirror reports that the event will be held at the Dolby Theatre at the Hollywood and Highland Center in Los Angeles, Angeles. The 89th Academy Awards which is set on Sunday, February 26, will start off with its historic red carpet at 4 p.m., while live telecasts in the UK at midnight and 7 p.m. in New York. ABC's Jimmy Kimmel will host the said event which will be shown live on over 225 countries worldwide, in the UK, Sky Cinema special Sky Cinema's Oscars channel will be on its late night show.

According to reports from Us Weekly, the awards night will air on ABC at 8:30 p.m. ET, with red carpet coverage at 7 p.m. ET, and live streaming online at abc.com or on the ABC app. For the record, "La La Land" holds the most number of Oscar nominations with 14 at hand including Best Picture and recognitions for the lead actors Ryan Gosling and Emma Stone. With "Moonlight" as second in line for 8 nominations, this movie poses a threat for "La La Land" if it hopes to bag all 14 awards.

The star-studded lists of presenters are Amy Adams, Dwayne "The Rock" Johnson, Janelle Monae, Charlize Theron, Chris Evans, Halle Berry, Riz Ahmed, John Cho, Scarlett Johansson, Samuel L. Jackson and Kate McKinnon. While the Oscars will have performances from Justin Timberlake, John Legend, Sting and Lin-Manuel Miranda, this year's Academy Awards will surely be exciting, especially for the 25 nominated actors and actresses who anticipates for the "Swag Bag". Every year, the show's organization prepares a treat for a variety of stuff like personalized crayons up to a vacation at a luxe villa on the south shore of Kauai.

The annual Academy Awards got its nickname of Oscars from an unofficial claim from Academy librarian - and later executive director - Margaret Herrick that the gong resembles her uncle Oscar. The statue which is officially called the Academy Award of Merit was designed by Cedric Gibbons, who was the chief art director at MGM. The Oscar weighs eight and a half pounds and is made from solid bronze, plated in 24-carat gold.