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What Time Do the Oscars 2016 Start?

Get ready for the biggest night in movies! The 88th Academy Awards will air live from the Dolby Theatre in Hollywood on Sunday, February 28, at 8:30 p.m. EST on ABC.

Related: PHOTOS: Oscars 2016 Red Carpet Fashion

Chris Rock will return to host the star-studded ceremony for the second time. The 51-year-old entertainer first hosted the Oscars in 2005, when Million Dollar Baby took home four awards, including Best Picture.

Chris Rock speaks onstage during the 84th Annual Academy Awards held at the Hollywood & Highland Center on Feb. 26, 2012, in Hollywood. Mark Davis/

Related: PHOTOS: Oscars' Most Unforgettable Moments

This year, some of the most recognized names in the industry — including Patricia Arquette, Julianne Moore, Ryan Gosling, Steve Carell and Tina Fey — will present golden statuettes in 24 categories.

Lady Gaga, The Weeknd, Sam Smith and Dave Grohl are also set to take the stage to deliver showstopping performances.

Related: PHOTOS: Before They Were Oscar Nominees

The Revenant leads the Oscars 2016 pack with 12 nominations, with Mad Max: Fury Road right behind with 10 nods. Leonardo DiCaprio, Brie Larson and Matt Damon are also in the running for some of the night’s top prizes.

Will this be the year that DiCaprio finally takes home his first-ever Oscar? Which box-office hit will win the biggest award of the night for Best Picture?

Related: PHOTOS: Oscars 2015: What You Didn't See

Tune in on Sunday, February 28, at 8:30 p.m. EST on ABC to find out, and don’t miss out on the stars’ arrivals! Us Weekly will be covering the entire glitzy affair, from the red carpet to the afterparties and everything in between.

Tell Us: Which award are you most excited to see?

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