Everything You Need to Know About the 2014 Oscars

What: The 86th Academy Awards

Where: Hollywood’s Dolby Theater in Los Angeles. You can watch on ABC on your TV and streaming online for the first time.

When: The show officially begins at 7pm EST, but expect red carpet coverage to get interesting at 5pm ET. (E! will begin their red carpet coverage at 1:30pm ET for die-hard red carpet devotees and Giuliana Rancic fans.)

Who: Dozens of nominees, 46 presenters and Ellen Degeneres, hosting for the second time.

PREDICTIONS

Best Picture: 12 Years a Slave

Best Actor: TIME critic Richard Corliss predicts that Matthew McConaughey will win for his performance in Dallas Buyers Club. For more, learn about the evolution of Matthew McConaughey (that’s the McConaissance, for the uninitiated) and catch up on why Leonardo DiCaprio has yet to win an Oscar.

Best Actress: Cate Blanchett for Blue Jasmine

Best Supporting Actor: Jared Leto for Dallas Buyers Club

Best Supporting Actress: Lupita Nyong’o for 12 Years a Slave

Best Director: Alfonso Cuarón for Gravity

Best Original Screenplay: American Hustle

Best Adapted Screenplay: 12 Years a Slave

Best Animated Feature: Frozen

Best Documentary Feature: Twenty Feet from Stardom

Best Foreign Language Feature: The Great Beauty

ALSO