On the biggest night of the year for all the stars of the silver screen, Sunday's greatest victory was - in fact - The King's Speech's.

The 83^rd Annual Academy Awards, hosted by actors James Franco and Anne Hathaway, recognized some of the best entertainers in the biz.

And with categories ranging from best actress to best foreign language film and the year's biggest blockbusters like Inception and Social Network all nominated for numerous awards, it was sure to be a night full of surprises.

Starting from the Red Carpet Pre-Show, viewers were dazzled by the night's celebrities. Stars like Jennifer Hudson and Sandra Bullock in bold red gowns donned Versace and Vera Wang respectively. And, Oscar nominees like Melissa Leo and Amy Adams - both nominated for best supporting actress for The Fighter - chose to shimmer and shine down the Red Carpet.

Hathaway and Franco proved the new "young and hip Oscars" to be true by switching roles - Franco into a hot pink gown, and Hathaway into a black and white tuxedo.

The awards started rolling while one billion viewers sat in anticipation to hear results of their favorite categories. For best documentary feature, Inside Job took the cake, while Alice in Wonderland won best costume design.

A younger generation of viewers listened closely as the award for best animated feature was announced. Though How to Train Your Dragon and The Illusionist both received great critical acclaim, it was Toy Story 3 that took home the Oscar.

For best adapted screenplay, the Oscar went to the highly dramatized story chronicling the events surrounding the invention of Facebook, The Social Network. 

The night moved to tears when Natalie Portman made a heartfelt acceptance speech about her "now playing the biggest role of her life" - motherhood - when announced as best actress for the movie Black Swan.

As the long awaited category of best picture got closer and closer, people anxiously predicted the outcome. Black Swan, Inception, Social Network and True Grit were all high up on the list, but it was The King's Speech that received the night's greatest honor.

And it didn't stop there. The King's Speech, nominated for a total of twelve awards took home a whopping four. In that list of top nominations, True Grit was second being nominated ten times followed by The Social Network and Inception with eight nominations. 

The last few moments of the show, however, were definitely the most memorable. As all of the winners walked out onto the stage, the audience enjoyed the voices of P.S 22, a 64-member 5th grade choir from Staten Island, NY, singing "Somewhere Over the Rainbow.'

FULL List of Oscar Winners Below*

BEST PICTURE BEST ACTOR BEST ACTRESS BEST DIRECTOR BEST SONG BEST EDITING BEST VISUAL EFFECTS BEST DOCUMENTARY BEST LIVE-ACTION SHORT BEST DOCUMENTARY SHORT BEST COSTUME DESIGN BEST MAKEUP BEST SOUND EDITING BEST SOUND MIXING BEST ORIGINAL SCORE BEST SUPPORTING ACTOR BEST FOREIGN FILM BEST ORIGINAL SCREENPLAY BEST ADAPTED SCREENPLAY BEST ANIMATED FILM BEST ANIMATED SHORT BEST SUPPORTING ACTRESS BEST CINEMATOGRAPHY BEST ART DIRECTION

The King’s Speech Colin Firth, The King’s Speech Natalie Portman, Black Swan Tom Hooper, The King’s Speech "We Belong Together,” Toy Story 3 The Social Network Inception Inside Job God of Love Strangers No More Alice in Wonderland The Wolfman Inception Inception The Social Network Christian Bale, The Fighter In a Better World (Denmark) The King’s Speech, Screenplay by David Seidler The Social Network, Screenplay by Aaron Sorkin Toy Story 3 The Lost Thing Melissa Leo, The Fighter Inception Alice in Wonderland