After four previous misses, Leonardo DiCaprio won his first Oscar for his grunting, gruff performance in The Revenant.
'Climate change is real,' said DiCaprio as he used his acceptance speech to deliver a lecture on the environment.
'It is happening right now. It is the most urgent threat facing our entire species. ... Let us not take our planet for granted. I do not take tonight for granted.'
Finally: Leonardo DiCaprio used his Oscar win for Best Actor to deliver a lecture on climate change at the Academy Awards on Sunday night
While an advocate for addressing the threat of climate change, 41-year-old DiCaprio was reported to have taken six private jet flights in just six weeks in 2014. It may prove hard for the actor to justify the need to avail himself of more than $200,000 worth of private travel between LA and New York in such a short period of time.
Oscar gold has previously eluded the celebrated star, who has won plenty of other honours over his two decade long career.
Leo earned his first Oscar nomination in 1994 for What's Eating Gilbert Grape when he was just 20 years old.
He was then nominated for Best Actor (The Aviator) in 2004. He later earned a Best Actor nod for Blood Diamond in 2006. And most recently for the Wolf Of Wall Street in 2013.
Alejandro Inarritu took best director for a second straight year, a feat matched by only two other filmmakers: John Ford and Joseph L. Mankiewicz. His brutal frontier epic "The Revenant," which came in with a leading 12 nods and the favorite for best picture, also won best cinematography for Emmanuel Lubezki. Renowned for his use of natural light in lengthy, balletic shots, Lubezki became the first cinematographer to win three times in a row (following wins for "Gravity" and "Birdman"), and only the seventh to three-peat in Oscar history.
Inarritu, the Mexican director of last year's best-picture winner "Birdman," was one of the few winners to remark passionately on diversity in his speech.
"What a great opportunity for our generation to really liberate ourselves from all prejudice and this tribal thinking and to make sure for once and forever that the color of our skin becomes as irrelevant as the length of our hair," said Inarritu.
She has swept the awards season with her tour de force in Room.
And on Sunday night Brie Larson took home Best Actress in a Leading Role, beating out Jennifer Lawrence and Cate Blanchett for the top honour.
Meanwhile, it was supposed to be his big night, But Sylvester Stallone was left heartbroken as he lost out in the Best Supporting Actor category to Mark Rylance, who took gold for his performance in Bridge Of Spies.
Rylance, 56, thanked his director Steven Spielberg before adding: 'If you ever asked if acting with Tom Hanks helps [your career] the answer is 'yes it does!''
Rylance was a first time nominee and won for his portrayal of Russian spy Rudolf Abel, who becomes part of a high-stakes prisoner exchange during the Cold War between the United States and Soviet Union.
Meanwhile, it was the first time Stallone had been in Oscar contention since 1977 when Rocky, which he starred in, wrote and produced, was nominated for 10 statuettes and won three, including Best Picture and Best Director for John G. Avildsen.
Newcomer Brie Larson won Best Actress for Room at the 88th annual Academy Awards
Taking a hit: Sylvester Stallone was left heartbroken as he lost out in the Best Supporting Actor category to Mark Rylance, who took gold for his performance in Bridge Of Spies
Rylance, 56, thanked his director Steven Spielberg before adding: 'If you ever asked if acting with Tom Hanks helps [your career] the answer is 'yes it does!''
Sly missed out on the Best Actor and Screenplay honours, which appears to be making this round of honours doubly sweet.
In the film Creed, Sylvester plays an ageing Rocky, who comes out of retirement to train promising young boxer Adonis Johnson, played by Michael B. Jordan, who is the son of his former rival, Apollo Creed.
Earlier in the evening, newcomer Alicia Vikander won Best Supporting Actress for The Danish Girl at the 88th annual Academy Awards on Sunday night.
It's not about how hard you can hit, but how hard you can get hit! Both Sly and Christian Bale lost out to Rylance
Hand-off: Patricia Arquette pesented the Best Supporting Actor award to the Bridge Of Spies actor
Newcomer! Alicia Vikander wins Best Supporting Actress for The Danish Girl at the 88th annual Academy Awards on Sunday night
She beat out the likes of Kate Winslet to take the gong for her role in the historical true story about a transgender woman (played by Eddie Redmayne) and his supportive wife (Vikander).
The 27-year-old took the stage and breathlessly delivered a heartfelt speech: 'Thank you so much to the Academy for this recognition. And Eddie - where are you? - there you are! Thank you for being the best acting partner. You raised my game!'
She then added: 'And my mum and dad - thank you for giving me the belief that anything can happen. Even though I would never have believed this!'
The Swedish born actress beat out previous winner Kate Winslet (Steve Jobs), Jennifer Jason Leigh (The Hateful Eight), Rooney Mara (Carol), and Rachel McAdams (Spotlight).
Whiplash! J. K. Simmons presented the stunning actress with the gong
The 27-year-old took the stage and breathlessly delivered a heartfelt speech: 'Thank you so much to the Academy for this recognition. And Eddie - where are you? - there you are! Thank you for being the best acting partner. You raised my game!'
She then added: 'And my mum and dad - thank you for giving me the belief that anything can happen. Even though I would never have believed this!'
Pixar's Inside Out is the winner of the best animated feature film Academy Award.
The film tells the story of a young girl's emotions as her family relocates from Minnesota to San Francisco. Director Pete Docter has said the film, which mixes science with his experience, has also resonated with the parents of special needs children.
The film features an all-star vocal cast including Amy Poehler, Bill Hader, Lewis Black and Mindy Kaling. The win is the studio's eighth in the category.
Bear Story won the best animated short Academy Award during Sunday's ceremony.
Proud colleague: Eddie looked on the verge of tears as he saw Vikander take the stage
Opening strong: Chris Rock delivered an epic monologue at the beginning the of the 88th Academy Awards on Sunday night
'The big question is why are we protesting this year's Oscars?' Rock observed. 'It is the 88th Academy Awards.... At least 71 of them didn't have black actors nominated in the past.'
Rock then jokingly Introduced Stacey Dash as the new Minority Outreach Director for the Oscars
An intimate look at the life of late singer Amy Winehouse was the winner of the best feature documentary Academy Award.
Amy won the documentary honor at Sunday's ceremony. Director Asif Kapadia used archival footage and testimonials to offer new insights into Winehouse, who died in 2011 from accidental alcohol poisoning.
The film won the Grammy Award for best music film earlier this month.
The best documentary short Oscar was awarded to the film, A Girl in the River: The Price of Forgiveness.
Belting it out: Lady Gaga performed Til It Happens To You from The Hunting Ground
His big moment! Sam Smith won Best Original Song for Writing's On The Wall for the film Spectre, beating Lady Gaga
Sam Smith won Best Original Song for Writing's On The Wall for the film Spectre.
He beat out Lady Gaga. Smith said: 'I actually cannot breathe right now. Oh my god! I read an article last week where Sir Ian McKellen said no openly gay man has ever won an Oscar. Whether true or not I want to dedicate this award to the LGBT community.'
Celebs gathered at the Dolby Theater to toast another year in movies as they were honoured by the Academy of Motion Picture Arts and Sciences.
Chris Rock opened the ceremony with a rollicking monologue.
Diversity issue: The veteran comic got the audience bawling with laughter
Now that's a team! Kate Winslet and Reese Witherspoon both wore strapless dresses
He's got some fans: Rock's monologue got a rise out of some of Hollywood's brightest
Special treatment: The host singled out Leonardo DiCaprio as someone who always gets good roles each year
The show kicked off with a montage of the films from 2015 and the 51-year-old comedian referenced the clip as he took the stage.
'Man I counted at least 15 black people in that montage. I am here hosting at the Academy Awards otherwise known as the White People's Choice Awards. If they nominated hosts I wouldn't be your host. It'd be Neil Patrick Harris. People be like, 'Chris you should boycott. You should quit.' Only people without jobs say to quit something. And the last thing I need is to love another job to Kevin Hart. Porno stars don't make movies that fast!'
'The big question is why are we protesting this year's Oscars?' Rock continued. 'It is the 88th Academy Awards.... At least 71 of them didn't have black actors nominated in the past.'
'Black people didn't protest because we had real things to protest. Too busy being raped and lynched to worry about who won best cinematography. When your grandma's hangin from a tree...'
He then went on to poke fun at Jada Pinkett who had said she was boycotting the Oscars ahead of the ceremony on Sunday: 'Jada boycotting the Oscars is like me boycotting Rihanna's panties! I wasn't invited.'
First winners of the night: Tom McCarthy and Josh Singer took Best Original Screenplay for Spotlight
Sirens: Emily Blunt and Charlize Theron presented the first honour of the night
High five! Charles Randolph and Adam Mckay won Best Adapted Screenplay for The Big Short
Good banter: Ryan Gosling and Russell Crowe took the stage as they announced the nominees for Best Adapted Screenplay
He concluded: 'Is Hollywood racist? You're damn right it's racist! Hollywood is sorority racist. It's like: 'We like you Wanda, but you're not a Kappa.''
Actress and Fox News personality Stacey Dash says she wants to bring a different kind of diversity to Hollywood - and that's why she participated in one of the oddest Oscar moments.
The former Clueless actress has attracted attention lately for her conservative viewpoints, including suggesting on Fox that there should not be a Black History Month. Dash, who is black, also spoke out against people complaining that the Oscars didn't reflect diversity.
She was jokingly introduced by host Rock as director of the Oscar's minority outreach program. Dash strode onstage to say 'I cannot wait to help my people out. Happy Black History Month!'
Too cute: Room's Jacob Tremblay and Beasts Of No Nation's Abraham Attah presented the award for Best Live Action Short Film
Rock brought out crates for the two young actors to reach the microphone. 'Thanks, Chris,' nine-year-old Tremblay began. 'I loved you in Madagascar! He was great. He played the Zebra.'
That's some inking! Whoopi Goldberg presented an award at the show as she showed off a tattoo on her shoulder
The joke fell flat, perhaps because many people in the audience didn't understand the reference.
Dash explained online why she did it, saying ideological diversity is much harder to achieve in Hollywood.
Later in the show the comedian some local Girls scouts sell cookies. He called out some celebs to put there money on the line as he said, 'C;mon, Leo you made $30 million!'
But he gave one actor some trouble for buying the cookies: 'Oh Lou Gossett watch out now! You got diabetes!' He revealed that he pulled in $65,243 in earnings from the cookie sales.
Later in the show Rock shared a video of asking people on the street in Compton, California. Interviewees had never heard of the nominees for Best Picture but all of them had seen Straight Outta Compton.
Vice President Joe Biden took the stage to a standing ovation as he introduced Lady Gaga for her performance of Til It Happens To You which was nominated for Best Original Song for the film The Hunting Ground.
Biden addressed sexual abuse on college campuses: 'I urge you to take the pledge, 'I will intervene when consent cannot or will not be given.' Let's change the culture so that no woman or man will ever have to ask 'what did I do?''
'They did nothing wrong,' he added firmly. 'Folks I really mean this go online and take the pledge. Welcome my friend Lady Gaga.'
Lady Gaga produced and performed the haunting track, which she is said to have co-wrote with Diane Warren, for the soundtrack of documentary film The Hunting Ground which tackles issues surrounding campus rapes in American educational institutions.
Best original screenplay went to the newsroom drama 'Spotlight,' an ode to hard-nose, methodical investigative journalism penned by Tom McCarthy and Josh Singer. Backstage, a cord from a light suddenly fell behind the winners, prompting McCarthy - whose film shows the discovery of extensive sex abuse by Catholic priests - to exclaim in mock paranoia: 'That is the power of the Catholic Church, ladies and gentlemen!'
Gorgeous: Blanchett announced the nominees for Best Costume Design
Proud moment: Jenny Beavan accepts the award for Best Costume Design for Mad Max: Fury Road
Adam McKay and Charles Randolph took best adapted screenplay for their self-described 'trauma-dy' about the mortgage meltdown of 2008. McKay thanked Paramount Pictures for taking a risk on a movie about 'financial esoterica.'
McKay, best known for broader comedies like Anchorman and Step Brothers, gave an election-year warning to power of 'big money' in the presidential campaign and government.
'Big money is taking over our government,' said McKay backstage.
Room's Jacob Tremblay and Beasts Of No Nation's Abraham Attah presented the award for Best Live Action Short Film. Rock brought out crates for the two young actors to reach the microphone.
'Thanks, Chris,' nine-year-old Tremblay began. 'I loved you in Madagascar! He was great. He played the Zebra.'
Chris Rock introduced one pair of presenters as: 'Nominee Rachel McAdams and should have been nominated Michael B. Jordan'
Cute pair: Benicio del Toro and Jennifer Garner took to the stage to announce some nominees
Hot! The Weeknd performed his Oscar nominated song Earned It for feature Fifty Shades of Grey
Tribute: Dave Grohl sang Blackbird as stars who passed in 2015 were celebrated
Now that's really a pair! Margot Robbie and Jared Leto presented the award for best makeup and hairstyling
Elka Wardega (L), Lesley Vanderwalt (C), and Damian Martin accept the award for Best Makeup and Hairstyling, Mad Max: Fury Road
Tina Fey (L) and Steve Carell present the Oscar for Best Production Design to Colin Gibson (2nd R) and Lisa Thompson for Mad Max: Fury Road
Quite the production: Celebs gathered at the Dolby Theater to toast another year in movies as they were honoured by the Academy of Motion Picture Arts and Sciences
Landmark achievement: Liev Schreiber and actress Priyanka Chopra present the award for best Achievement in Film Editing, in Mad Max, to film editor Margaret Sixel
Best Picture nods went to The Big Short, Bridge of Spies, Brooklyn, Mad Max: Fury Road, The Martian, The Revenant, Room, Spotlight.
Among the directing nominees Alejandro G. Inarritu (The Revenant) was the clear front runner, however he did win the year before for Birdman.
Adam McKay (The Big Short), George Miller (Mad Max: Fury Road), Lenny Abraham (Room) and Tom McCarthy (Spotlight) rounded out the directing category.
Some healthy satire: Angela Basset starred in a short video clip titled Oscars Edition Black History Month Minute that honour comedic actor Jack Black
Not pulling any punches: Chris Rock's show made sure to address the issue of race
Make that money! Later in the show the comedian had some local Girls scouts sell cookies. He called out some celebs to put there money on the line as he said, 'C;mon, Leo you made $30 million!'
He called out some celebs to put there money on the line as he said, 'C;mon, Leo you made $30 million!'
But he gave one actor some trouble for buying the cookies: 'Oh Lou Gossett watch out now! You got diabetes!'
The evening was hosted by Rock, who previously emceed the awards show in 2005 and managed to anger some Oscar officials at the time with his controversial comments.
Now the comedian is under the spotlight once again as he hosts for the second time amid controversy over the lack of diversity among nominees for the second year in a row.
Spike Lee, Will Smith, and Jada Pinkett Smith spoke out when all the nominees in this year's best acting categories were revealed to be white. The three boycotted the event.
Cookie time! Christian Bale and Kate WInslet indulged in some old standards
Is that for real? The number Rock gave for how much he raised seemed a bit inflated
A corner for Joy: JLaw and David O Russell sat next to Christian Bale
Handsome announcers: Jason Segel and Olivia Munn showcased some winners from the Sci-Tech Awards
Star Wars C-3PO, R2D2 and BB-8, arrive on stage to celebrate composer John Williams
Let me see! Jacob Tremblay got out of his seat to look at the Star Wars droids
In the flesh: An actor playing Suge Knight made a fake appearance at the awards show as Straight Outta Compton was up for Best Original Screenplay
Their decisions have sparked a wider debate about diversity in Hollywood, and several actors have come under fire for their comments.
Charlotte Rampling, who is nominated for Best Actress for her work in 45 Years, said their complaints were 'anti-white racism.'
She said: 'Maybe the black actors don't deserve to be on the final stretch? One can never really know but perhaps the black actors did not deserve to make the final list.'
Julie Delpy, who wrote and directed 2 Days in New York, starred alongside Chris Rock in the 2012 romantic comedy.
She was criticized for saying: 'Two years ago, I said something about the Academy being very white male, which is the reality, and I was slashed to pieces by the media.
'It's funny - women can't talk. I sometimes wish I were African American because people don't bash them afterward.'
She went on to say: 'It's the hardest to be a woman. Feminism is something people hate above all. Nothing worse than being a woman in this business. I really believe that.'
She has since apologized for her remarks and clarified that she didn't mean to 'diminish the injustice done to African American artists'.
Hollywood names such as Danny DeVito, William H. Macy, Reese Witherspoon, and Mark Ruffalo have also chimed in since the nominations were revealed on January 14.
Since then, Academy President Cheryl Boone Isaacs announced a plan to diversify the membership moving forward.
He said: 'The Academy is going to lead and not wait for the industry to catch up.
'These new measures regarding governance and voting will have an immediate impact and begin the process of significantly changing our membership composition.'
In a statement, the Academy said that the 'goal is to commit to doubling the number of women and diverse members of the Academy by 2020.'
The plan will invite a diverse pool of members to join and end the memberships of any individuals who have not been active in the industry for over a period of 10 years.
Meanwhile, a good awards speech can echo through the generations but a bad one can mar an entire broadcast.
The Academy Awards decided to create some new rules as this year they no longer allowed winners to name those they felt indebted to during their speeches.
Instead, the Oscars rolled a screen ticker behind the honoree naming each person they wanted to thank.
In addition, speeches were cut down to just 45 seconds, in an effort to keep the running time of the ceremony within an acceptable domain, as the show has famously gone overtime.
For a show that has been plagued with often self-indulgent oratory performances, it is actors and showbusiness people after all, the new rule set was intended to ensure a smoother running broadcast that has often been criticized for being boring.
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