Everybody definitely is excited to watch Oscars 2011 online or the Oscar Awards 2011 online  stream. The Academy of Motion Picture Arts and Sciences (AMPAS) is going to present yet another spectacular event in the 83rd Academy Awards live online. The Oscars 2011 live is set to happen on February 27, 2011, telecast live from the Kodak Theatre in Hollywood. Co-hosting the ceremony for the first time each, are actor James Franco and actress Anne Hathaway on Sunday evening 8:00 pm to air live via ABC.

Once again the 2011 Oscars online live has nominated 10 major Hollywood films for best picture which includes The Kids Are All Right ,Toy Story 3 ,The Social Network, The King’s Speech, Inception, The Fighter, Black Swan, 127 Hours, True Grit and Winter’s Bone. The full official lineup of Oscar nominees were released on the morning of Tuesday, January 25, 2011.

To present the awards for Oscars Awards 2011 live stream include Halle Berry, Sandra Bullock, Tom Hanks, Hugh Jackman, Nicole Kidman, Jude Law, Oprah Winfrey amongst others. Sandra Bullock, Robert Downey Jr., Halle Berry, Nicole Kidman, Mandy Moore and Gwyneth Paltrow are some of the favorite stars that are selected to be presenters and performers in the awards night. The 2011 Oscars Awards live online  streaming is surely going to be a star-studded affair everyone wouldn’t dare to miss.

Who do you think will take home an Oscars trophy this year? Watch as it happens in the 2011 Oscar Awards Online Stream.