Aside from the fashion that will be subjected to Joan River’s endless puns, the night belongs who took home the Academy Award. Anne Hathaway and James Franco hosted the evenings events as two of the youngest hosts in the event’s history.

[Colin Firth's Oscars Acceptance Speech - VIDEO]

The theme of the night screamed “THE OSCARS ARE NOW HIP AND FUN!!!! YOU ARE HAVING FUN!!!” Too bad it was the typical snoozefest despite Anne’s high on life energy. She was brought down by Franco’s Ovah This Mess/Probably Stoned Right Now demeanor. Even with James briefly dressed as Marilyn Monroe and a skit in which he was in a white skintight leotard couldn’t save things from the sleepy state. Half way through the show most of the celebs were ready to hand over the Best Actor statue to Colin Firth and get to the bar already.

Oscars 2011 Winners List:

Best Picture: “The King’s Speech.”

Actor: Colin Firth, “The King’s Speech.”

Actress: Natalie Portman, “Black Swan.”

Supporting Actor: Christian Bale, “The Fighter.”

Supporting Actress: Melissa Leo, “The Fighter.”

Directing: Tom Hooper, “The King’s Speech.”

Foreign Language Film: “In a Better World,” Denmark.

Adapted Screenplay: Aaron Sorkin, “The Social Network.”

Original Screenplay: David Seidler, “The King’s Speech.”

Animated Feature Film: “Toy Story 3.”

Art Direction: “Alice in Wonderland.”

Cinematography: “Inception.”

Sound Mixing: “Inception.”

Sound Editing: “Inception.”

Original Score: “The Social Network,” Trent Reznor and Atticus Ross.

Original Song: “We Belong Together” from “Toy Story 3,” Randy Newman.

Costume Design: “Alice in Wonderland.”

Documentary Feature: “Inside Job.”

Documentary (short subject): “Strangers No More.”

Film Editing: “The Social Network.”

Makeup: “The Wolfman.”

Animated Short Film: “The Lost Thing.”

Live Action Short Film: “God of Love.”

Visual Effects: “Inception.”

Click HERE for a recap of the Oscars Fashion: Best and Worst Dressed…

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Images Via: WENN.com