It's the most wonderful time of the year… for people in Hollywood who were nominated for Oscars, that is. The Academy Awards were last night, and I am really finding it difficult to pull some Stereohyped-relevant nuggets from last night's telecast, since, if you take out the presenting duties bestowed upon Denzel, JHud, and Forest and the Best Supporting Actress nod for Ruby Dee, the whole thing was pretty white-washed. And Ruby Dee didn't win, in case you hadn't heard. Actually, not a single American won an award for acting last night. There's a lesson in there, somewhere.

Anyway, No Country For Old Men was the winner of the big prize. After the jump, check out more red carpet pics, plus photos from some of last night's Oscar parties.

Get the full list of winners here.

Prince After-Oscar Fete

Elton John AIDS Foundation Oscar Party

Billboard Magazine and Children Uniting Nations Oscar Party

[WI]