The Oscars begin!

The 83^rd Oscar Awards ceremony, which is hosted by James Franco and Anne Hathaway, is underway at the Kodak Theater, Los Angeles. Interestingly, the 28-year-old Hathaway happens to be the youngest host at the Oscar ceremony so far.
Two hot favorites that are tipped to sweep the Oscars this year are The King’s Speech and The Social Network. While David Seidler won the Best Original Screenplay award for the former, Aaron Sorkin will take home the Oscar statuette for the Best Adapted Screenplay award for the latter.
The Kings Speech has 12 nominations and The Social Network has 8 nominations in all.