It's the biggest show on earth, the crème de la crème, pure Hollywood gold.

Yes, you guessed right - the Oscars are almost here.

Over the last 12 months, Tinseltown has brought us hilarious blockbusters, slave epics, and even space spectaculars.

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Some were painfully bad, others were good, and a few were nothing short of awe-inspiring.

And on Sunday 2 March, Hollywood royalty will wait with baited breath to see if all the sleepless nights, gruelling film schedules and apparently pointless promotional tours paid off.

Can Steve McQueen's epic 12 Years a Slave make it a hat trick by taking home the Golden Globe, Bafta and Oscar for Best Picture?

Will veteran Leonardo DiCaprio finally achieve an Oscar first for Best Actor?

Will Hollywood's new 'It' girl Lupita Nyong'o beat firm favourite Jennifer Lawrence to be crowned Best Supporting Actress?

And have British filmmakers down enough to rival their American counterparts in the major categories?

You will be able to find the answers to all the above right here.

IBTimes UK will be reporting live on the scene and bringing you all the red carpet arrivals and winners as they are revealed.

So tune into our live blog from 8.30pm PST (1.30am GMT) for red carpet arrivals, emotional acceptance speeches, and Oscar-worthy tantrums.

The star-studded event will be hosted by talk show host Ellen DeGeneres.

Here's a quick recap of the nominees:

BEST PICTURE

American Hustle

Captain Phillips

Dallas Buyers Club

Gravity

Her

Nebraska

Philomena

12 Years a Slave

The Wolf of Wall Street

BEST ACTOR

Christian Bale in American Hustle

Bruce Dern in Nebraska

Leonardo DiCaprio in The Wolf of Wall Street

Chiwetel Ejiofor in 12 Years a Slave

Matthew McConaughey in Dallas Buyers Club

BEST ACTRESS

Amy Adams in American Hustle

Cate Blanchett in Blue Jasmine

Sandra Bullock in Gravity

Judi Dench in Philomena

Meryl Streep in August: Osage County

BEST DIRECTOR

David O. Russell for American Hustle

Alfonso Cuaron for Gravity

Alexander Payne for Nebraska

Steve McQueen for 12 Years a Slave

Martin Scorsese for The Wolf of Wall Street

BEST SUPPORTING ACTOR

Barkhad Abdi in Captain Phillips

Bradley Cooper in American Hustle

Michael Fassbender in 12 Years a Slave

Jonah Hill in The Wolf of Wall Street

Jared Leto in Dallas Buyers Club

BEST SUPPORTING ACTRESS

Sally Hawkins in Blue Jasmine

Jennifer Lawrence in American Hustle

Lupita Nyong'o in 12 Years a Slave

Julia Roberts in August: Osage County

June Squibb in Nebraska

BEST ADAPTED SCREENPLAY

Before Midnight

Captain Phillips

Philomena

12 Years A Slave

The Wolf of Wall Street

BEST ORIGINAL SCREENPLAY

American Hustle

Blue Jasmine

Dallas Buyers Club

Her

Nebraska

ANIMATED FEATURE FILM

The Croods

Despicable Me 2

Ernest & Celestine

Frozen

The Wind Rises

CINEMATOGRAPHY

The Grandmaster

Gravity

Inside Llewyn Davis

Nebraska

Prisoners

COSTUME DESIGN

American Hustle

The Grandmaster

The Great Gatsby

The Invisible Woman

12 Years A Slave

DOCUMENTARY FEATURE

The Act of Killing

Cutie and the Boxer

Dirty Wars

The Square

20 Feet from Stardom

THE DOCUMENTARY SHORT SUBJECT

CaveDigger

Facing Fear

Karama Has No Walls

The Lady in Number 6: Music Saved My Life

Prison Terminal: The Last Days of Private Jack Hall

FILM EDITING

American Hustle

Captain Phillips

Dallas Buyers Club

Gravity

12 Years A Slave

FOREIGN LANGUAGE FILM

The Broken Circle Breakdown

The Great Beauty

The Hunt

The Missing Picture

Omar

MAKE UP AND HAIRSTYLING

Dallas Buyers Club

Jackass Presents: Bad Grandpa

The Lone Ranger

ORIGINAL SCORE

The Book Thief

Gravity

Her

Philomena

Saving Mr Banks

ORIGINAL SONG

"Alone Yet Not Alone" - Alone Yet Not Alone

"Happy"- Despicable Me 2

"Let it Go" - Frozen

"The Moon Song" - Her

"Ordinary Love" - Mandela: Long Walk to Freedom

PRODUCTION DESIGN

American Hustle

Gravity

The Great Gatsby

Her

12 Years A Slave

SHORT FILM - ANIMATED

Feral

Get a Horse!

Mr Hublot

Possessions

Room on the Broom

SHORT FILM - LIVE ACTION

Aquel No Era Yo

Avant Que De Tout Perdre

Helium

Pitaako Mun Kaikki Hoitaa?

The Voorman Problem

SOUND EDITING

All if Lost

Captain Phillips

Gravity

The Hobbit: The Desolation of Smaug

Lone Survivor

SOUND MIXING

Captain Phillips

Gravity

The Hobbit: The Desolation of Smaug

Inside Llewyn Davis

Lone Survivor

VISUAL EFFECTS

Gravity

The Hobbit: The Desolation of Smaug

Iron Man 3

The Lone Ranger

Star Trek Into Darkness

Leonardo DiCaprio Hollywood