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Corinne Bishop and Jamie Foxx
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7:59 p.m.: Paul Rudd and Melissa McCarthy present the best animated feature film award, which goes to "Brave." Director Mark Andrews accepts the award wearing a kilt. John Kahrs wins best animated short film for "Paperman."
7:50 p.m.: Christoph Waltz wins the first award of the night, as best supporting actor for his role in "Django Unchained." The award is given by Octavia Spencer.
MORE OSCARS: Red carpet pics | Live stream | Oscars trivia quiz
7:35 p.m.: The 85th Academy Awards are under way, with Seth MacFarlane as host. He announces that this year's Oscars will have a musical theme.
The show's first surprise is William Shatner as Captain Kirk from "Star Trek," telling MacFarlane he is doing a terrible job as host.
The first song of the night is MacFarlane singing a song called "We Saw Your Boobs."
MacFarlane then sings a rendition of the Frank Sinatra hit "The Way You Look Tonight" with Channing Tatum and Charlize Theron dancing.
He then sings "High Hopes" with Daniel Radcliffe and Joseph Gordon-Levitt.
Oscars live: Christoph Waltz best supporting actor
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Oscars live: Christoph Waltz best supporting actor