Red Carpet: It's 2017 Oscars!

Hollywood has pulled out the Red Carpet again for the 89th Academy Awards on Sunday February 26, 2017. This year, the Academy of Motion Picture Arts and Sciences, will be honoring the best films of 2016.

The star studded event is taking place right now at the Dolby Theatre in Los Angeles, California.

Hosted by one of the funniest guys in the world, Jimmy Kimmel.

Light, Camera, Action! Here are some of the dazzling celebrities on the Red Carpet.

Taraji P. Henson

Scarlet Johansson wearing Alaia

Viola Davis

Salma Hayek

William Pharell

Ryan Gosling

Pauletta and Denzel Washington

Luciana Barroso and Matt Damon

Mahershala Ali

Michael Strahan

Dwayne Johnson and Lauren Hashian

Justin Timberlake and Jessica Biel

Janelle Monae wearing Elie Saab

Leslie Mann

Halle Berry

Emma Stone

Chrissy Teigen and John Legend wearing Gucci & Zuhair

Ava DuVernay

Dakota Johnson

Dev Patel Oscar

Hailee Steinfield wearing Ralph and Russo

Chris Evans

Chalize Theron

Bier Larson

Cassey Affleck

Jackie Chan