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OTRC: Oscar 2012 red carpet starts now - Watch the Live Stream

The sun has risen in Hollywood and we are just minutes away from the first stars arriving on the Oscar red carpet. OnTheRedCarpet.com is your news source for the 84th Academy Awards.

Watch OnTheRedCarpet.com's red carpet Live Stream from our exclusive spot directly over the red carpet. The show will feature cameras all over the red carpet (including the fashion cam), and even behind the scenes, to give you all the best views of Oscar Sunday.

Plus, your Facebook comments, Tweets and Google + reactions will be part of our show! Just use the hash tag #OTRC.

The show is hosted by Lawrence Zarian, a TV personality and style expert who has been a regular on "Live with Regis and Kelly" (now, "Live with Kelly") for many years, and Tina Malave, host of KABC-TV show "Eye on LA." Mondo Guerra from season 8 of "Project Runway," will also stop by to dish about fashion.

In the morning, workers made last minute touches to the Hollywood and Highland Center's red carpet in preparation of the event, which is put on by The Academy of Motion Picture Arts & Sciences.

This year's Oscar ceremony is set air live on ABC from the Hollywood and Highland Center in Los Angeles on Sunday, February 26 on ABC. Check out a full list of Oscar nominations.

Presenters for the ceremony include Sandra Bullock, Gwyneth Paltrow, Morgan Freeman, Owen Wilson, Will Ferrell and Zach Galifianakis, Michael Douglas, Tina Fey, Kermit, Miss Piggy, Halle Berry, Bradley Cooper, Chris Rock, Tom Cruise, Penelope Cruz, Cameron Diaz, Tom Hanks, Angelina Jolie, Rose Bryne, Milla Jovovich, Ellie Kemper, Jennifer Lopez, Melissa McCarthy, Wendy McLendon-Covey, Maya Rudolph, Ben Stiller, Kristen Wiig and Emma Stone.

The 2012 Academy Awards will also feature a new performance from Cirque du Soleil, which will showcase the largest cast it has ever assembled for a single act. The performance will be accompanied by music from Oscar-nominated composer Danny Elfman. This will mark the second time Cirque du Soleil has performed during an Academy Awards telecast.

Check out Oscar.com and make your picks on who you think will win at this year's Academy Awards. Also check out Entertainment Weekly writer Dave Karger's Oscar Poll Insight below, where he gives tips to win your Oscar pool.

See moments in Oscar history on the interactive timeline available on the official Oscar.com website.

Oscar.com also hosts the official Oscar blog, which will feature red carpet fashion trends and tips from chef and lifestyle experts for hosting the best Oscar party.

Leading up to the ceremony, "On The Red Carpet" co-host Rachel Smith will be doing interviews with hair and fashion stylists and makeup artists for the "Best Dressed" video series featured on Oscar.com.

The site also has a social media page, Oscar Buzz, which tracks comments from fans using #Oscars and #OscarBuzz.

Billy Crystal is returning to host the 84th annual Academy Awards. The ceremony will air live on Sunday, February 26, 2012 on ABC, OnTheRedCarpet.com's parent company.

OnTheRedCarpet.com will have complete coverage of the Oscar season, including an exclusive interactive live stream show LIVE from the red carpet. Follow @OnTheRedCarpet on Twitter and "Like" On The Red Carpet on Facebook, and download our FREE entertainment news app for the iPhone and iPad

UPDATE on Sunday, February 26: Check out a full list of winners - updated in real time.

Check out photos of stars such as Michelle Williams and Rooney Mara on the red carpet at the 2012 Academy Awards.

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