These are known as the biggest awards in the USA.
They are also known as the cremè dè la cremè of all awards.
Every single actor and actress wants to attend them.
They took place yesterday on the 25th of April 2021.
For the first time in history, the Oscars have had a number of black people winning.
In 2018, most black celebrities boycotted the awards after complaining about how it was always a "white people event" since only white actors were nominated and would win.
This time round, it was different
Ugandan actor Daniel Kaluuya won for best supporting actor for the month Judas.
H.E.R, the young beautiful musician won for best theme song fight for you.
Tyler Perry won for best humanitarian award.
Other winners include Lady Gaga and the movie Nomaland won for best picture.