The 2017 Academy Awards Cheatsheet 47:07

The 2017 Academy Awards Cheatsheet 47:07

Watch the PEOPLE & EW Red Carpet Live Oscars preshow on February 26 at 5 p.m. ET/2 p.m. PT on the People/Entertainment Weekly Network (PEN). It has divided audiences, some of whom see it as a modern-day musical fairy tale, full of charm, while others have called it tedious and moronic, a musical with lackluster songs and leads that lack chemistry and singing ability.

It will face off against Arrival, Fences, Hacksaw Ridge, Hell Or High Water, Hidden Figures, Lion, Manchester By The Sea and Moonlight for the biggest prize of the ceremony.

What else can we look forward to?

The excitement and anticipation of the evening will be enhanced by performances by Auli'i Cravalho, along with Oscar nominees Lin-Manuel Miranda, Sting, Justin Timberlake and 2014 Oscar victor John Legend, who will sing this year's nominated songs. And with two consecutive years of all-white nominees the Oscar will hopefully trend in a different directions this year.

The Academy Awards or "Oscars", is an annual American awards ceremony hosted by the Academy of Motion Picture Arts and Sciences (AMPAS) that recognizes excellence in cinematic achievements in the United States film industry as assessed by the Academy's voting membership.

'Not My President's Day' rallies draw thousands across the country
Other demonstrations popped up in cities around the country, including Los Angeles and Chicago , outside Trump-owned hotels. Monday, joined by others in cities across the United States as the nation celebrated its Presidents Day holiday.

More strikingly, the six directors of the foreign film nominees on Friday released a joint statement condemning "the climate of fanaticism and nationalism we see today in the USA and in so many other countries, in parts of the population and, most unfortunately of all, among leading politicians". Hidden Figures, however, has a higher domestic gross, at over $145 million to La La Land's $135 million. She'll win easily, but Isabelle Huppert deserves to win for the dark complexity of her performance in "Elle".

"I don't think anyone did a better job than Denzel", he said. " and then jumping in the air when he won the best supporting actor honor in 1997". There's also a chance that La La Land, with its 14 nominations, could break the Oscars' all-time record for the most wins by a single film if takes home more than the 11 awards won by Titanic, Ben Hur, and Lord of the Rings: Return of the King.

It's best shots to win will likely be Best Adapted Screenplay and Best Supporting Actor for Mahershala Ali, but Lion and its star Dev Patel could be a threat to steal both those awards.

BEST DIRECTOR: La La Land's Damien Chazelle seems set to win this one, too. Jenkins wrote "Moonlight's" screenplay, which was stronger than the film's directing. But there are some tight races to be found elsewhere, so below I run down my picks for who's going to win every category while also offering up who could win, should win, and should have been nominated. Lucas Hedges of Manchester by the Sea is the youngest at 20. They can't. And so, the Oscars will play out like another battle in the war between conservatives and liberals, and we all just better buckle up and listen.